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CFDs on WTI Crude Oil

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Darkyboy
USOIL market did prove the last few discussion threads wrong , it shot right up in London
beyond50
USOIL On the Hourly that is in Bearish (directional) Market Bias, the candles consolidated to the right of the Bullish Trendline (in green dotted line), flipping the market bias from bullish to bearish.

Watch to see if the bears show up to bring the market down towards the thin S&R Zone below (that starts at 67.63). If they break through it, the Swing Low can also be breached at 67.29.

*Alternative Scenario:
If the bulls rise above the Bullish Trendline (in green dotted line), then more moves up towards the Pivot High (at 68.87), flipping the market bias from bearish to bullish.

*Side Note:
A Double Inside Day showed up on the 4-hour chart, so a BIG move is coming.
Snapshot
mustafabeercan
WTICOUSD tomorrow's official figures will be interesting.

US API Gasoline Stock Change Actual -2.2M (Forecast -, Previous 1.920M)
US API Distillate Stock Change Actual -0.8M (Forecast -, Previous -3.458M)
US API Cushing Stock Change Actual 0.1M (Forecast -, Previous -1.417M)
US API Crude Oil Stock Change Actual 7.1M (Forecast -2.8M, Previous 0.68M)
beyond50
USOIL Last Call for This Session:
On the Daily, look at how the candle closes. If it can't close past the high of the previous candle, then there's a struggle for the bullish thrust to continue.

Some possibilities for tomorrow and remaining week:
- Gap Up for a continuation of the bullish trend;
- A bearish candle forms to create a Three Bar Reversal, then go down more;
- Or, consolidation to the right, moving even closer to the Bullish Trendline (in green dotted line) to flip the market bias from bullish to bearish.
Snapshot
M_Qman
WTI if just a flag. time to fall
Snapshot