West Texas Intermediate vs US Dollar forum


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.

$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.

Crude oil awaits upward breakthrough
USOIL
Idea: Crude oil awaits upward breakt…
WTI
Idea: Crude oil awaits upward breakt…