Oil has been trading between the support at 68.97 and the resistance at 69.77. A higher thrust above the swing level at 69.77 will trigger a buy signal with immediate targets at 70.09 and 70.25. A protective stop loss at 68.97 is highly recommended.
Price Action
Monday, July 14 2025

03:09 pm (GMT +0300)
30 minutes Timeframe
Should the commodity manage to breach the support level at 68.97 it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
70.09
Target 2
70.25
Target 3
70.57
Target 4
70.97

Entry
69.77

Stop Loss
68.97
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Monday, July 14 2025

03:09 pm (GMT +0300)
30 minutes Timeframe
Oil has been trading between the support at 68.97 and the resistance at 69.77. A higher thrust above the swing level at 69.77 will trigger a buy signal with immediate targets at 70.09 and 70.25. A protective stop loss at 68.97 is highly recommended.
Should the commodity manage to breach the support level at 68.97 it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
70.09
Target 2
70.25
Target 3
70.57
Target 4
70.97

Entry
69.77

Stop Loss
68.97
Trend Confirmation
Momentum
LWMA
MACD