Forex Trading Library

Oil (F) 2015-11-05

0 148

Oil (CL_5Z)

46.30

market managed to jump above 47.50 which activate more advance where 48.85 and 50.90 will be the resistance level

as long as market holding trades below 50.90 will hold the short run ability to fall toward 43.8 and maybe 41.00 zone, while above 50.90 market may start new uptrend wave wich may reach the med-run targets toward 56.00-58.00 zone

  Support Resistence
Level 1 45.95 48.40
Level 2 45.25 48.85
Level 3 44.00 50.90
Leave A Reply

Your email address will not be published.