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130519 CrudeOIL-Noon

by | May 13, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-05-13

CrudeOIL, H4: Crude oil price remained traded in a sideway channel after rebounding from the bottom-level of the channel. However, due to lack of signal and momentum from the MACD, a breakout above or below the sideway channel is required for further confirmation before entering the market.

 

Resistance level: 61.80, 63.15

Support level: 60.15, 58.45