08:42 am (GMT +0300)OIL has been trading between the support at 62.58 and the resistance at 63.18. A higher thrust above the swing level at 63.18 will trigger a buy signal with immediate targets at 63.42 and 63.54. A protective stop loss at 62.58 is highly recommended.
Price Action
Monday, September 15 2025
08:42 am (GMT +0300)
30 minutes Timeframe
Should the commodity manage to breach the support level at 62.58 it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
63.42
Target 2
63.54
Target 3
63.79
Target 4
64.09
Entry
63.18
Stop Loss
62.58
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Monday, September 15 2025
08:42 am (GMT +0300)
30 minutes Timeframe
OIL has been trading between the support at 62.58 and the resistance at 63.18. A higher thrust above the swing level at 63.18 will trigger a buy signal with immediate targets at 63.42 and 63.54. A protective stop loss at 62.58 is highly recommended.
Should the commodity manage to breach the support level at 62.58 it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
63.42
Target 2
63.54
Target 3
63.79
Target 4
64.09
Entry
63.18
Stop Loss
62.58
Trend Confirmation
Momentum
LWMA
MACD