FX.co ★ Trading Signal for Crude Oil for August 23 - 24, 2021: Buy above 64.06

You can get more details of the analysis description here.

Support and Resistance Levels for August 23 - 24, 2021

Resistance (3) 66.00

Resistance (2) 65.50

Resistance (1) 64.76

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Support (1) 63.92

Support (2) 63.33

Support (3) 62.59

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Trading tip for Crude Oil for August 23 - 24, 2021

Buy above 64.06 (SMA 21), with take profit at 65.62 (2/8), stop loss below 63.50.

Buy if the price breaks 65.62 (2/8), with take profit at 68.75 (4/8), stop loss below 65.00.

Sell if the price pulls back to 65.62 (2/8), with take profit at 62.50 (0/8), stop loss above 67.00.