USOIL so what happened here? iran got nuked by israel?WTI Crude (OIL) / US Dollar forum
USOIL so what happened here? iran got nuked by israel?
USOIL Lets go baby oil 🚀🚀🤠🫵🏻
USOIL Each time the bulls breach a Swing High on the Hourly, more moves to the upside, so it will seem like an ongoing bull run. There are 6 Swing Highs to breach and "sweep away" to make way for the new on the chart below:
USOIL what about triangle fake break down was or not?Idea: Oil up or down
USOIL Warning: More Consolidation Coming The Hourly that is now in Bullish (directional) Market Bias has two trendlines that formed a Symmetrical Wedge with a breakout to the upside. That is a major development when the Bullish and Bearish Trendlines (in green and red dotted lines) converge to form that pattern - encouraging price to rally higher.
Above the candles are old and bundled Swing Highs. There are now 6 of them that can potentially be breached by the bulls. We'll see if they can break through the first level of Resistance with the Swing High of 63.84 that was rejected repeatedly in the early past.
*Side Note: A Popgun pattern showed up within the rally. That means complex consolidation to come that moves in up and down swings, like a See-Saw.
USOIL why still not dump?interestingUSOIL good data to usd must dump
USOIL slowest week since April🙃 possible gap on Monday
USOIL USOIL:The strategy of going shortUSOIL: Same thinking, still maintain the short strategy. Friends with short orders at 63.3-63.5 continue to wait, can increase short orders near 63.8, the target is 62.5-62.3 unchanged
Idea: USOIL:The strategy of going sh…
USOIL From a technical perspective, the daily chart of WTI shows that the price is running in a short-term rising channel, with support at around $62, while the upper resistance is concentrated in the $64.50 area. In recent trading days, WTI has received support at the 60-day moving average and successfully broke through the 20-day moving average, indicating that the short-term bullish momentum is gradually increasing.At the same time, the MACD indicator shows a golden cross signal, and the momentum column continues to expand, indicating that the price is expected to further test the $65 mark. If the resistance level can be effectively broken, the next target may be $67. On the contrary, if it falls below the lower track of the channel, it is necessary to be alert to the risk of returning to the shock range.