OIL next Target 70,20tradingview.com/x/c9G23lVf
Light Crude Oil Spot forum
OIL next Target 70,20tradingview.com/x/c9G23lVf
OIL oil is about to start pumping. Getting ready to short. Sorry this middle east war pump is not going to be sustainable. The range is descending and I have absolutely no reason to bet against this trend. Zoom out.
OIL Oil prices surged by 6–10% within minutes, with Brent and WTI recording the largest daily gains since May 2022. This spike followed Israel's airstrikes on Iran’s nuclear and military facilities, which reportedly killed senior commanders and scientists. Iran, which plays a top oil player and gatekeeper of the Strait of Hormuz—a passageway for nearly 20% of global oil supply—has declared a state of emergency, and any retaliation that threatens tanker movement or damages infrastructure in key Gulf nations (Saudi Arabia, UAE, Iraq) could push oil prices toward $120+/barrel as a risk premium is being priced in.
OIL bull trap short asap
OIL Buy the bull traders, let's go
OIL 64 = short squeezeOIL looking good to break the top trend line for a buy...have to wait and see how it reacts to market liquidity...don't rush money, chase confirmations...trade safe
OIL really struggling to break 62OIL Set for a buy now, up to you about 62.60 price range, and then we have to see what it does at this support area... however, price is really close to the 50ema, which is not a good sign for price strength. It's up to you if you wanna wait, but oil is starting to correct itself, at least till it gets to the trend lines not too far above it. If it bounces off it, it's a sell...up to you guys.