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USDWTI H4 - Short Setup, Oil supplyUSDWTI H4
Saw a nice hold up on the D1 yesterday on a clear area of daily resistance. Interested to see if this is the point of reversal, we have had a nice trading range for the best part of two months here.
Stops to cover wicks dated back to March 21. 6.5R trade to take us down to $95 as mentioned yesterday.
USDWTI H4 - Short From ResistanceUDSWTI H4
Initial area of resistance had broken, and we have made slight adjustments to the resistance price/zone here. Very clear trading zone, something I'm taking short on from the details indicated.
Strong 8.5R from resistance down to support. And 3.75R to interim resistance.
USDWTI H4 - Short SignalUSDWTI H4
Hoping to see the next bearish wave here on Crude, we pulled back during yesterday's trading sessions, but still very much in a clear LL/LH sequence.
Hoping we can breach $100 on this next wave, subsequent retest as resistance, then we can target major support price of $95/b.
US OIL LONGUSOIL closed very bullish and we can expect further pushes up!
I will only be interested in longing if we get a pullback first. Entering now would open up too much risk but I am fully expecting new ATH and again my followers are well aware of what I believe will come next!
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