Oil

Resistance level and Support level
current rate Oil= 54.11

Resistance Levels

resistance level 1= 54.17
resistance level 2 = 54.21
resistance level 3 = 54.26

Support Levels

support level 1=54.07
support level 2 = 54.03
support level 3= 53.99

Oil Technical analysis
Level of Resistance
1-Resistance 53.72
2-Resistance 53.89
3-Resistance 53.98
Level of Support
1-Support 53.34
2-Support 53.26
3-Support 53.03

we have reached 85.00 important level, and due to the heavy selloff that occured lately without any noticeable pullbacks, we expect an intraday pullback before resuming the major downside move.

Crude prices decoupled from equity markets yesterday, pulling back from resistance the 23.6% Fibonacci retracement level ($85.83) to form a bearish Dark Cloud Cover candlestick pattern � hinting more losses are ahead � even as the S&P 500 pushed higher.

Oil

Today market trend is Bearish.

Resistance levels are
R3. 56.78
R2. 55.43
R1. 54.81

Support levels are
S1. 52.99
S2. 51.87
S3. 51.35

Oil today current rate is 62.75

Ye markeet down ki tarf movement kr rahi he or is k selling point hen 60.64 or buy ziyadha se ziyadha point hen 63.05 oand sell ki trade laga deni chahiy ye ap k ley best sabit ho sakti he good luck....

Keeping in mind the fact of fixing on breakdown and resistance of 54.10, and according to the trend below, make another figure - "double top" and in turn with a trend of 48.30 is a rebound and a price reduction is expected. The opinion is definitely not 100%, but when making a pullback on less schedules and leaving prices at 53.50, I will definitely go to the sale and post a deal here!

Oil rises as investors latch on to OPEC cuts, supply outlook
Oil rose on Monday, reversing earlier losses, as investors latched on to positive supply-side drivers for the market, although concern about the wider economy simmered in the background after data pointed to a slowdown in China.
Brent crude oil futures were up 12 cents at $62.82 a barrel by 1520 GMT, while U.S. crude futures were up 9 cents at $53.89 a barrel.

Thus, Brent Crowe suggests an attempt to develop an improvement at the level of 54.22 for the week of January 21 - 25, 2019. We can expect a rebound with the potential target near 50.43 levels and the continuation of falling oil. In favor of reducing the test, the resistance level will be displayed. The cancellation of the fall option will break the area of ​​57.92. In this case, we can expect the continuous increase of #cl.

Technical analysis of the OIL

According to H4 time Frame,
Today Market Trend seems to be : BULLISH

Today Resistance level is:

1> Resistance level is: 54.12
2> Resistance level is: 54.23
3> Resistance level is: 54.33

Today supporting level is:

1> Supporting level is : 53.42
2> Supporting level is : 53.28
3> Supporting level is : 53.10