WTI Oil Spot forum
WTI The Hourly flipped to Bullish Market Bias after crossing to the right of the Bearish Trendline (in red dotted line). The bulls rallied for a bit, then the bears stepped in to head towards the trendline for a retest - typical of what happens after a trendline break. They got close enough. The bulls can step in for a continuation of the rally towards the Swing High at 69.185 to breach and go higher.
GOLD XAUUSD Hotspots are coming. Risk aversion is heating up. Gold prices are expected to rise sharply.
Gold price is already long near 2916. Target 2927-2932.
If you follow the buying opportunity of XAUUSD. Remember to keep the real-time status of the analysis circle to avoid missing its closing time and some good market analysis and instructions.
BTCUSD USOIL XAUUSD GOLD
USOIL jokes aside, it’s been a very uncertain day, direction still is unknown. I will be watching 69.47 and 69.70 levels for either confirmation or rejection, if rejected could be a good short entry to 67.07. But if bulls can get through this big bear candle from yesterday, we will see a longer run to the upside.
USOIL holding my longs till 90
USOIL trump canceling oil deal biden made with venezuela. in real time, oil price increases.USOIL surprise, surprise. see you on the other side
USOIL large volume spike thenWTI Another Trick Up Their Sleeve:I've seen this before with other markets. The bearish candle breached the Swing Low at 68.595, which reinforced the Bearish Market Bias. But, and that's a big but, the Bearish Trendline (in red dotted line) was readjusted for the bearish candle to be tethered to it.
What this means is that we have a precarious situation where the bears can drop more OR a bullish candle can reverse its trajectory to the upside, crossing to the right of the trendline. That would flip the market bias from Bearish to Bullish for the most profitable moves being to the upside. We'll see which side of the trendline the candles stay in or move to.
USOIL f….manipulationUSOIL I am also finding a place to exit my positions, trying to not give my money to IBGSCALPER