Crude Oil Future CFD (USD) forum
USOIL Next analysis tradingview.com/x/IuBionuL
OIL_CRUDE terriffs on OIL and gas Trump says?? What would that mean for oil price? Anyon?
WTI Trading Tip:"With Trump back in office, we're going to see long and drawn out moves and trending moves which you need to execute by trading continuation." - Quote by seasoned trader, Harry Sharpe
I'd like to add that getting good at Momentum Trading and recognizing continuation patterns would help with this.
USOIL Retail traders focus on predicting market tops and bottoms. Institutions focus on the flow of money. Follow the money trail for better trading decisions.
USOIL Last post for the day :) have a good weekend all.
WTI The bulls have decisively broken out of the wide rotation that were parabolic moves, up and down within a range.The Hourly and 4-Hour are now in Bullish Market Bias after the bulls crossed above the Bearish Trendline (in red dotted line).
Also, after a trendline break, there is usually a retrace to the downside to retest the trendline, so watch for that on Sunday. Afterwards, the bullish rally will resume with 3 more (out of 5) Swing Highs that can potentially be breached.
*Side Note: The giant W-shaped pattern is finishing its look on the Hourly. Seemed to take "forever".
Based on the Daily timeframe, the candles can break out of the Inside Day pattern from the pattern's high at 74.835.
USOIL @BLAQSLG watch and learn !
XTIUSD i think next week 75-76USOIL 71.98 my box holding on the dot, I mentioned this number many times for you traders on here the results are speaking :) mass bulk
USOIL here it comes...pattern was right. have a nice weekend guys.