83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-11-22
Resistance and Support Level Explanation
Resistance 55.90 H1
Support 54.20 H1

CrudeOIL, H1: Crude oil price was traded lower while currently testing near the support level 54.20. Due to lack of signal from MACD, a rebound from or breakout below the support level is required to attain further confirmation before entering the market.

 

Resistance level: 55.90, 57.45

Support level: 54.20, 52.45