Price Action

Monday, July 14 2025
OIL
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
direction

Profit Levels

direction
Target 1
70.09

direction
Target 2
70.25

direction
Target 3
70.57

direction
Target 4
70.97

entry
Entry
69.77
entry
Stop Loss
68.97

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Monday, July 14 2025
OIL
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
direction

Profit Levels

direction
Target 1
70.09

direction
Target 2
70.25

direction
Target 3
70.57

direction
Target 4
70.97

entry
Entry
69.77
entry
Stop Loss
68.97

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction