Oil

Crude Oil
60.495+0.4650(+0.7700%)
14:17:50(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
59.960 - 60.490
Class
Commodities
Bid/Ask
60.480/60.510

Crude Oil
60.585+0.5550(+0.9200%)
14:58:19(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
59.960 - 60.650
Class
Commodities
Bid/Ask
60.570/60.600
Symbol
CL
Subclass / Sector
Energy

I anticipate this pair OIL have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.

I recommend to take LONG position today.

time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.

An oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (does not mix with water, literally "water fearing") and lipophilic (mixes with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable

Oil prices are up almost 2% after Opec and its allies voted to cut production by another 500,000 barrels. Brent Crude oil futures have risen 1.83% to $64.55 a barrel. Meanwhile West Texas Intermediate oil futures are up 1.78% to $59.47 a barrel.

OIL
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An oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (does not mix with water, literally "water fearing") and lipophilic (mixes with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable

Oil

WTI Crude holding minor support at 5875/65 again as I write to re-target 5915/25 before a retest of 5975/85. A break above 6000 takes us towards a selling opportunity at 6080/6100, with stops above 6140.

Below 5875/65 re-targets 5810/00 but try longs at 5785/75 with stops below 5750. A break lower is a sell signal targeting 5700/5690, perhaps as far as 5655/45.*

Oil is sidelined below three-month highs hit on Friday likely due to concern reduced production won’t meaningfully curtail supply. Brent oil is currently trading largely unchanged on the day at $65.30 per barrel, having hit a three-month high of $65.76 on Friday.

Oil

Resistance level
1.Resistance level 64.45
2.Resistance level 58.99
3.Resistance level 55.95

Supporting level
1.Supporting level 53.47
2.Supporting level 50.41
3.Supporting level 49.39