Oil Support and Resistance Levels

8 sept.

Oil trend bearish key levels to watch for

Immeadiate support 67 area if voilates downside 65 to 62 area will open ,in case of rejection it will consolidate in range of 67 to 70 bracket.

Immeadiate resistance is 69 if sustains above it will test 70 to 71.50 - 72 area above and in case of rejection on resistance short till immeadiate support 67 and lower levels marked on chart.

8 sept.

Note

15 Mins chart for reference.

9 sept.

Note

9 sept.

Note

9 sept.

Note

10 sept.

Note

still in range 69 above and 67 below a 2 points range consolidating .

10 sept.

Note

Support voilated

11 sept.

Note

67 area now acts as resistance it is a previous support.

11 sept.

Note

67 area rejected

18 sept.

Note

Higher time frame support area held