03:06 pm (GMT +0300)After signaling a bullish scenario at 68.29, OIL is on its way to test the take-profit targets at 68.50, 68.61 and subsequently at 68.82 if momentum sustains.
Price Action
Friday, July 18 2025
03:06 pm (GMT +0300)
30 minutes Timeframe
Should the commodity manage to breach the support level at 67.76 it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
68.50
Target 2
68.61
Target 3
68.82
Target 4
69.09
Entry
68.29
Stop Loss
67.76
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Friday, July 18 2025
03:06 pm (GMT +0300)
30 minutes Timeframe
After signaling a bullish scenario at 68.29, OIL is on its way to test the take-profit targets at 68.50, 68.61 and subsequently at 68.82 if momentum sustains.
Should the commodity manage to breach the support level at 67.76 it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
68.50
Target 2
68.61
Target 3
68.82
Target 4
69.09
Entry
68.29
Stop Loss
67.76
Trend Confirmation
Momentum
LWMA
MACD