Crude Oil Trend Today Technical Analysis for 11-11-2019 10:00:03

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In 1 hour chart Crude Oil price continues to trade at 4047 and above the (Exponential Moving Average)EMA200 value of 3965.82 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Crude Oil continues to trade above level, that could be an extraordinarily Bullish sign for Crude Oil

Even so, the 200-candle Exponential moving average (EMA) price range of 3965.82 is proving a tough nut to crack.

Pivot (invalidation): 4044.33

Our preference: Long positions above 4108.67

Alternative scenario: Below 4001.67 look for further downside.

Support Resistance Levels For Crude Oil Today at 11-11-2019 10:00:03

Pivot: 4044.33

Resistance 1: 4108.67

Resistance 2: 4151.33

Resistance 3: 4215.67

Support 1: 4001.67

Support 2: 3937.33

Support 3: 3894.67

Yesterday High Low Close For Crude Oil

Yesterday High: 4087

Yesterday Low: 3980

Yesterday Close: 4066

Today at 11-11-2019 10:00:03 Crude Oil trading at 4047 with high of 4061 and low of 4044

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