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WTI Crude Oil Cash

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USOIL Please God, not more consolidation.

Could be Biblical. On the 7th trading day, the clouds parted and a trend was born.

OILUSD 6/9 Ema bossing the 4 hr candles
Can’t close above the 6/9 Which is bearish
The over all picture on higher time frames is rather bearish , 🪂

OILUSD clear rather large head and shoulders on the 4hr time frame , a move down is coming
The bears will soon take over 🪂


USOIL next move is uncertain, with prices struggling above $65 due to expected supply hikes from OPEC+ and Middle East peace efforts. Forecasts suggest prices may fall to $74/barrel in 2025 and $66/barrel in 2026 due to strong production and slower demand growth.

USOIL Iran israel conflict might escalate again . Can see big movement again in crude.

USOIL The consolidation in here is painful to watch.


USOIL Is this downmove just for the opec news? Any positional traders around? Any good chances it could hit 66.8 in a weeks time atleast once, this could help me exit and enter the downward move.
Long term seems bearish for now.

Awaiting expert comments please.

OILUSD lose 64.5 straight to 63 .8 lose that and it’s game I’ve for the bulls 🪂