Crude Oil - Mar 2025 forum
USOIL The Economist: "Ukrainian officials say their encounters with Mr Trump’s team are so confusing that they have been watching documentaries for clues about his negotiation style."LOL, I recommend watching Sesame Street. 🧸
USOIL my chart totally different candles:
WTI I betcha the market makers will eventually drop again and widely consolidate as part of the retrace to "shake down" many stubborn sellers from the tree before they're ready to go back up in a big way.
USOIL you remember the QM Pattern? still in play.
USOIL i was scared about that weekend gap, but the green QM Pattern line was respected! a very good sign for bulls! could shoot up now to new highs.also the Blue Triangle Trendline was respected. very good.
Team 75.6 USD. Let's go
USOIL time to turn, babyWTI Trading Tip:I've identified a variety of alphabet patterns that show up at Swing Highs and Swing Lows, based on Western price action analysis:
W (of three types near a Swing Low)
M (of three types near a Swing High)
m (near a Swing Low and can also form as a pullback)
w (near a Swing High and can also form as a pullback)
V (rare to see)
J-Hook (continuous bullish pattern) Inverse J-Hook (continuous bearish pattern)
Japanese candlestick analysis has its own alphabet patterns: P wave, N wave, and Y wave that shows up regularly on all charts and timeframes.
WTI After the end of a bear run, a bottom reversal pattern will show up for a retrace. But are we nearing the bottom of the descent? If you look at the Weekly chart, you'll see two Inverse Hammers. That's double confirmation of a reversal pattern to the upside, as long as that bear run has reached a bottom. If it is ready, a retracement move can start, but still take a while to develop on the Weekly.
As for the Hourly, after a Swing Low from a bottom reversal pattern shows up to begin retracing, one of three W-shaped patterns can then form through (wide and narrow) consolidation with the last of the four legs of the "W" shape being the longest for the bullish trend. We'll see if we get a very tall and simple (or tall and complex), W-shaped pattern for the bulls to take the market back up again.
USOIL right, this is my guess Market opens , we go down probably too $69.5 grab the liquidity and go back up to $73 by the end of the week.
USOIL hello guys We will continue to send accurate signals next week, don't miss itfollow for more 99% sure shot signals