Oil is moving in a descending price channel, we expect to rise from the support area and the lower channel wall at 65.51 levels, to target the resistance area at the upper channel wall at 72.04 levels, and from the resistance area we expect the week’s top and decline, targeting the second support area at […]
Oil, as we mentioned last week, fell from the resistance area referred to last week. Now a corrective wave is expected from the support area at 67.44 levels to target the resistance area at 72.69 levels and from the resistance area it is expected to form the top of the week and target the support […]
Oil, as we mentioned last week, fell from the aforementioned resistance area, targeting the support area now. It is expected that an upward wave will form from the wall of the price channel from the support area at 74.20 levels, to target the resistance area at 78.79 levels. And in the event that a four-hour […]
Oil, as we mentioned last week, fell from the aforementioned resistance area, targeting the support area now. It is expected that an upward wave will form from the wall of the price channel from the support area at 74.20 levels, to target the resistance area at 78.79 levels. And in the event that a four-hour […]
Oil, as we mentioned last week, fell and formed the top of the week from the mentioned resistance area, and the support area was targeted. Now, the decline is expected to continue in case the four-hour candle closes below the 78.79 level, to target the support area at 75.01 levels, from which we expect the […]