West Texas Intermediate vs US DollarWest Texas Intermediate vs US DollarWest Texas Intermediate vs US Dollar

West Texas Intermediate vs US Dollar

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West Texas Intermediate vs US Dollar forum


USOIL Longs can be activated around the 63/61 area, London sell off tomorrow :)




USOIL On the Daily that is in Bearish (directional) Market Bias, the bearish trend broke through the Bullish Trendline (in green dotted line) and heading for the S&R Zone (that starts at 65.49).

There's about 3 1/2 hours until a candle close. I wrote about this earlier. Watch carefully to see how the bears react around the S&R Zone to either hit resistance to come back up or go through the Zone and drop from it.

*Side Note:
The bearish drop is from both the Micro-Double Top and the Bearish Pressure Zone created by the upper wicks of the last four candles in succession to push the market down.

Also, notice how price action has mostly stayed below the midline of the very tall bearish candle at 71.90 (since June 23rd) because the candle's midline to high create strong forces of Resistance.
Snapshot

$USOILAnyone who thinks algos are not in control, I say...ha! The exit is exactly set at 2% of entry, and look where it reverses too. Ignore cumulative profit. I don't have that level of trust.
Snapshot


USOIL if your going to trust a tradingbot/gpt then you deserve to lose money do your own trading and learn as you go along its a long process there seems to be alot of people asking if its going up and down

USOIL it was awake for a few minutes. Now back to coma mode.