03:14 pm (GMT +0300)OIL has been trading between the support at 65.29 and the resistance at 66.45. A higher thrust above the swing level at 66.45 will most likely fuel the commodity to test the resistances at 66.91 and 67.15.
Price Action
Tuesday, September 2 2025
03:14 pm (GMT +0300)
30 minutes Timeframe
If OIL fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
66.91
Target 2
67.15
Target 3
67.61
Target 4
68.19
Entry
66.45
Stop Loss
65.29
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Tuesday, September 2 2025
03:14 pm (GMT +0300)
30 minutes Timeframe
OIL has been trading between the support at 65.29 and the resistance at 66.45. A higher thrust above the swing level at 66.45 will most likely fuel the commodity to test the resistances at 66.91 and 67.15.
If OIL fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
66.91
Target 2
67.15
Target 3
67.61
Target 4
68.19
Entry
66.45
Stop Loss
65.29
Trend Confirmation
Momentum
LWMA
MACD