Technical outlook and chart setups:
Crude Oil remains unchanged from yesterday and is trading around $58.44. The Oil has still Try to Trading new highs around $58.44, which is also past resistance turned support. It is still recommended to hold long positions with risk at $58.30. Immediate support is seen at the level of $55.50 and lower while resistance is seen at $60.00 followed by $. Oils bulls should remain in control until prices stay above the level of $58.00 in the coming sessions.
About High>>> This High will FINAL HIGH TO FIND MAZOR RESSITANCE.
Trading recommendations: long, stop at $58.00, a target is open. Good luck!
Crude Oil remains unchanged from yesterday and is trading around $58.44. The Oil has still Try to Trading new highs around $58.44, which is also past resistance turned support. It is still recommended to hold long positions with risk at $58.30. Immediate support is seen at the level of $55.50 and lower while resistance is seen at $60.00 followed by $. Oils bulls should remain in control until prices stay above the level of $58.00 in the coming sessions.
About High>>> This High will FINAL HIGH TO FIND MAZOR RESSITANCE.
Trading recommendations: long, stop at $58.00, a target is open. Good luck!