Light Crude Oil Spot discussion
USOIL straight up to 75.5 ?
WTI The bears can do a wick fill on the previous Hammer with a tall wick on the Hourly chart. They can fill it halfway at 74.185 or near the low at 73.974.
WTI On the Hourly for WTI, if the bears do a candle close at the Swing Low of 73.934 (or lower) by the end of the hour, then more profitable moves to the downside. But if not, back up it goes for a retrace and close the large Gap.Side Note: The Falling Window (Gap Down) acts as a strong force of Resistance to keep the candles below it. If the bulls want to go up, then the Gap would need to close at 75.190. If the market makers are trying to "kill time", they may consolidate between the S&R Zone and Gap Area for hours and hours.
OIL_CRUDE strong buy 🚀🚀🚀
USOIL it will fall further don't buy still bearish
USOIL >> 73.10 >> Possible 72.30 >> 77.90
WTI Expecting a downward move towards $73.24 on 2H frameWTI Important Update: Saudi Arabia, Qatar, the United Arab Emirates, Bahrain, and Kuwait have declared "neutrality" and will NOT allow the U.S. to use their air bases to attack Iran.Since the attacks against Israel on October 7 last year, at the very least, forty-one-thousand men, women and children have been killed in the Gaza Strip from Israel using fighter jets to drop 2,000 pound bombs on apartment buildings, schools, hospitals and refugee camps.
Just this past week, authorities in the Gaza Strip stunned the world when they pointed out that almost all of the bombed structures remain flattened piles of rubble into which rescuers cannot go because of the ongoing bombing, and the severely degraded surrounding infrastructure. As such, they say, it is now entirely feasible that the number of dead is actually between two-hundred thousand and three-hundred-thousand!
They just don't know because they can't sift through the rubble.
The Situation caused the country of South Africa to bring a lawsuit to the International Court of Justice (ICJ) at the Hague, in the Netherlands, charging Israel with Genocide.
*Side Note:
Lebanese Foreign Minister Abdallah Bou Habib claimed that on the eve of his murder, Hezbollah leader Sheikh Nasrallah accepted the offer of de-escalation and a ceasefire, but was soon killed by the Israeli airforce.