USOIL going to reach 85$ again as Trump input sanction on US Oil be ready put your stop loss at 56$ and enjoy the rally with huge profitsUS Oil Cash forum
USOIL going to reach 85$ again as Trump input sanction on US Oil be ready put your stop loss at 56$ and enjoy the rally with huge profits
USOIL On the Hourly, we have a tall Shooting Star forming. If a bullish candle shows up in the new hour, it can potentially fill the upper wick of the Shooting Star part way or in full, then head back down again, but may not go past the Market Open Line, acting predominately as a SUPPORT ZONE with 3 candles closing above the line. We'll see how it turns out in the end.*Side Note: There's a S&R Zone above and below on the Hourly chart. And, it's looking more like a giant Head-and-Shoulders pattern.
USOIL 61 coming soon
USOIL 60 coming soon
USOIL By the way I have not taken any positions here just monitoring and helping you guys :)USOIL Wow would you look at that, my experience and order flow doesn't lie you should thank me for this :)
WTI I hope you regs had stops........
USOIL A big player in the options market just opened a neutral position worth $18.5 million — a straddle on the July futures contract.Direction (up or down) doesn’t matter to them. What does matter?
That the price moves — not just sits there.
The strike boundaries of that straddle.
So what should we , as retail traders, care about?
The strike boundaries — that’s where the real opportunity is.
Why?
Because those levels give us a clear zone to look for a counter-trend setup with a strong risk/reward ratio .
🎯 Bottom line: Watch those strike prices closely. That’s where the action — and your edge — is.
WTICOUSD from Reuters:Saudi Arabian officials are briefing allies that they can live with lower oil prices. That’s what sources are telling Reuters. It marks a potential major shift in policy after years spent balancing the market through deep output cuts and comes ahead of the next OPEC+ meeting on Monday.
Theories on the apparent change in Saudi strategy range from punishing OPEC+ members exceeding their quotas to a move to fight for market share after ceding ground to non-OPEC+ producers such as the United States and Guyana.
Higher output may also be a gesture to U.S. President Donald Trump who is visiting Riyadh this month. An arms package for Saudi Arabia worth well over $100 billion could be announced during the visit, which includes stops in the UAE and Qatar, where the Trump Organization has just struck a deal to build a luxury golf resort.
USOIL Shorting can begin from 60s tomorrow :)