GCMAsia - CrudeOIL
CrudeOIL
2018-03-16
| Resistance and Support | Level | Explanation |
| Resistance | 62.00 | H4 |
| Support | 60.50 | H4 |
CrudeOIL, H4: Crude oil price was traded in consolidation within a descending triangle. An absence of obvious signals from both candlestick pattern and MACD histogram would suggest to wait for confirmation breakout before entering any trade.
Resistance level: 62.00, 63.60
Support level: 60.50, 58.80