Concept of Oil Resistance Levels & Oil Trading Support Levels when Upwards Oil Trading Trend Lines

Upwards Oil Trend Series of Support Areas and Resistance Areas

Minor resistance and support levels of the crude oil price will quickly form a series of support levels & resistance levels in the short term and quickly move past these resistance and support points in an upward oil trend direction as shown on the crude oil trading example explained below.

Upwards Crude Oil Trading Trend: The pattern of this minor resistance and support points will form a series of support and resistance levels whose general direction is upwards.

Upwards Oil Trading Trend Series of Support & Resistance Levels Moving in an Upwards Direction