USOIL Your faces after it makes a new short-term low at 63.19...huh 😕Crude Oil West Texas - Cash forum
USOIL Your faces after it makes a new short-term low at 63.19...huh 😕
WTICOUSD After a break of the Bearish Trendline (in red dotted line), the bullies rallied to cross through the S&R Zone. A Bearish Spinning Top showed up that is a reversal pattern for the bears to take the market down. We may see a bearish retrace back down to retest the Bearish Trendline (at around 63.832), the bulls can rise back up again and go further up than the first rally.
Alternative Scenario:
The bulls foil the bears from dropping down below the S&R Zone and just resume their rally.
*Take Profit Projections:
64.911 - Pivot High (Circled with Red Arrow) to Breach This Level
65.581 - Swing High
65.849 - High of Inside Day for a Breakout, Based on the 4-Hour Chart
68 - Bullish Trendline of the Daily to Cross Above
Also, notice the two trendlines (in red and green dotted lines). They formed a Wedge pattern that encourage moves to the upside. A giant W-shaped pattern is forming.
USOIL New trade is posted . Hold For the target with proper SL.
WTI game it out. What if Vlad says “nyet”? Retaliatory sanctions by Monday?
USOIL so today marks a deadline for Russia to come to a peace or face OIL tariffs, mainly for its buyers. this might be driving the price higher as we can expect no peace knowing Putin. geopolitical situation might keep OIL from going to hell.
OIL_CRUDE I'm looking for a model 2 here.
USOIL in buys here not gonna lieUSOIL Book profit here at 63.75 and exit . Enjoy 👍
USOIL Oil is currently giving slow death to the Bulls.. slow but steadily moving downwards.
USOIL 60 today with the trump talk and putin weighing this down nothing is going to make this rise