Crude Oil Trend Today Technical Analysis for 13-02-2020 19:00:04

wp-header-logo-1562.png

In 1 hour chart Crude Oil price continues to trade at 3651 and below the (Exponential Moving Average)EMA200 value of 3697.48 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

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

Even so, the 200-candle Exponential moving average (EMA) price range of 3697.48 is proving a tough nut to crack.

Pivot (invalidation): 3643.67

Our preference: Long positions above 3707.33

Alternative scenario: Below 3593.33 look for further downside.

Support Resistance Levels For Crude Oil Today at 13-02-2020 19:00:04

Pivot: 3643.67

Resistance 1: 3707.33

Resistance 2: 3757.67

Resistance 3: 3821.33

Support 1: 3593.33

Support 2: 3529.67

Support 3: 3479.33

Yesterday High Low Close For Crude Oil

Yesterday High: 3694

Yesterday Low: 3580

Yesterday Close: 3657

Today at 13-02-2020 19:00:04 Crude Oil trading at 3651 with high of 3676 and low of 3614

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.