Forex Trading Library

Oil (F) 2015-09-29

0 149

Oil (CL_5X)
44.83

For oil we can expected the coming move as long as the market within the shown triangle (Symmetrical Triangle) That Triangle is shown on yesterday short , however , The shown chart is an analysis for short-time Interval ( 15 minutes Chart. ) . The major upper resistance at 47s and the lower band 44s. So, be neutral till we get more information and breakouts attempts.

Please Note : The shown chart is analysis for short-time Interval ( 15 minutes Chart. ) .

  Support Resistence
Level 1 44.20 47.30
Level 2 43.80 48.20
Level 3 42.50 49.50
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