Oil Support&Resistance Levels
Updated
Oil forming a rouding bottom pattern at demand zone where it previously tested this zone held and rallied back to 73 area expecting same if this 69 area voilates above sustains that 73 mark will acheive eaily.
key levels to watch for 69 above and 67 below in between it will range as it is doing same as of now. A breakout above or break down below only could give us a good moves.
key levels to watch for 69 above and 67 below in between it will range as it is doing same as of now. A breakout above or break down below only could give us a good moves.
Trade active
as mentioned ranging and took support at 67 on lower range
Note
still trading in range
Note
took one long entry for the target or range extreme till 69 area.
Note
Target Acheived.
Note
All week traded in zone rounding bottom invalid only breakout of this range expecting good move
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