Oil

in the H1 time frame the price is moving along the supporting trend line and it is break the pivot point at 95.76 but it is not able to break the 96.70 resistance. now it is moving to down side. moving average is providing resistance at 96.25. we can short this pair if the price is close below the 95.75 with the target at 94.70

Crude Oil (May 13) intraday: the bias remains bullish.

Pivot: 94.85
Our preference: LONG positions above 94.85 with 96.4 & 97.85 in sight.
Alternative scenario: The downside penetration of 94.85 will call for 94.1 & 93.6.
Comment: the RSI has just landed on a support around 30% and is reversing up.

in the H1 time frame the price is continue moving up side and not able to break the supporting trend line. today it break the pivot pint 96.35 and now the moving average is offering support at 96.60. if the price is break the 96.30 we can short this to the target at 95.50

As you see in my following attached chart, the Crude oil price returned to achieve good waited gains after approaching from 95.20 yesterday, and EMA50 continues to support the price from below, reinforcing the chances of achieving more upside trend on the intraday and short term basis.
The main waited target is located at 98.25, while achieving it requires holding above 95.20.

Decided to buy the oil, the price of finished its southern correctional wave and fighting off competition from the support area (which consisted of a medium-term trend level of oblique and horizontal support level of 96.30) now shows an increase, the time schedule is also seen bullish engulfing, the breakout of the current maximum of 96.90 buy more.

Until the oil is in a very uncertain situation, from the reduction of the price is still holding back moving the alligator, but judging by the formed top five fractals can be said that at 96.90 there was a strong seller, which continues to put pressure (lower is lower fractals), a signal to sell will support breakthrough 96.30 .

Crude Oil (May 13) intraday: turning down.

Pivot: 97.10
Our preference: SHORT positions below 97.1 with 95.6 & 94.9 as next targets.
Alternative scenario: The upside penetration of 97.1 will call for a rebound towards 97.85 & 98.95.
Comment: the RSI is capped by a declining trend line.

Oil moved in astrong bullish movement and could also break the resistance level at 95.27. Now, I think Oil has a big probability to continue going up and the nearest target is the next resistance level at around 97.10.

dear s,yesterday,Initial support at 100.20 (Intraday Support) followed by 98.80 (Intraday Support). Initial resistance is now at 103.30(Intraday resistance) followed by 105.50

Oil search cost entry point to buy, the price is in a strong northerly trend, oil managed to break through the upper zone of fractals and strong figure 97.00 and then at its correctional wave again she decided to test this mark but as a support for 97.00 and hide stop to be 97.50.