Oil

Today market trend is :sell

This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend

last kuch dino se oil kaafi down gaya hai..isne recently 94 ki value ko tod diya hai..
ab tak isne uptrend ka koi signal nahi diya..to lagta hai ki ye aur neeceh ja sakta hai

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A barrel of oil reached a historic low of $ 4 a barrel ,,,, and it is available for purchase with distant goals. And God Almighty knows best.

The monthly chart is in a large Bearish channel. There is also a down Fibonacci ABCD swing with the D extension at the parity level. The Weekly chart is in a Bearish ABCD swing. The Daily Daily chart is also in a down ABCD swing as the counter trend line has been broken. I expect price to continue falling to 1.0136 which is the Daily Fibonacci D extension.=====

Today market trend: Bullish

Resistance and Support points are depend on market news

So before trading see indicators and then take a decision for trading

Always keep patience and get a huge profit in your trading

Come in forex trading and become a ßillionaire

today my technical analysis on market trend with this pair.
market trend on BUY
moving average with buy 65%
moving average with SELL35%
Parabolic sar on BUY
SO if we trade buy side then we get sI predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn

predictions for the day.
trading is risky if no analysis is done
Crude Oil WTI - is the currency pair we will be focusing on
major low levels also known as supports 20.16
major high levels also known as resistance - 21.70

Oil

Resistance Level (R3): 62.277
Resistance Level (R2): 38.843
Resistance Level (R1): 7.927
Pivot Point: -15.5067
Support Level (S1): -46.423
Support Level (S2): -69.857
Support Level (S3): -100.773

Oil prices were mixed on Friday, with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trump’s outlines for the U.S. economy to emerge from the coronavirus shutdown.
Brent futures rose 26 cents, or 0.9%, to settle at $28.08 a barrel while West Texas Intermediate crude contract (WTI) for June , which became the day’s more active contract, ended the session down 50 cents, or 2%, at $25.03.

Oil

The pair is in strong uptrend line targeting But a clear break of this blue uptrend line will trigger a strong bearish targeting

Major trend : upward
Minor trend : downward

current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change====