Oil Support and Resistance levels

rakeshreddym의
업데이트됨
Oil forming and inverse head shoulder pattern only valid if this trendline support helds on 76.50 area. if it takes support and continues with pattern oil might see 80 and 82 even 84 with head length again, keep on eye on current levels for breakdown or rejection to upside.

On lowerside if voilates trendline support 76 to 73 can be see below.
코멘트
Trendline support got voilated H&S invalid now, trading at 75 area support if that goes out Oil will go down 2 points dowside easily to 73 area.
스냅샷
코멘트
73 incomming
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코멘트
73 done
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매매 수동청산
lower target of 73 reached
코멘트
73.20 above sustains long till 75,76 and 78 targets
스냅샷
코멘트
trendline resistance break out happened
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코멘트
75 acheived
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코멘트
78 area testing now
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코멘트
at support now a rejection here can long else shot to 72 area target
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코멘트
long on support area
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코멘트
so far good up halfway to target
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코멘트
heading for target
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코멘트
Target acheived
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코멘트
73 and 72.50 immeadiate support if it goes further down there is support on 71.50 area
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코멘트
73 and 72.50 voilted fell to lower side
스냅샷
Supply and DemandSupport and ResistanceTrend Analysis
rakeshreddym

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