WTICOUSD I believe that technical analysis and other forms of analysis may not be reliable. Trading can feel like gambling, and the market is inherently risky."
US Crude Oil CFD forum
WTICOUSD I believe that technical analysis and other forms of analysis may not be reliable. Trading can feel like gambling, and the market is inherently risky."
WTI oil will go up from now hahah if not gg for him
USOIL Idea: USOIL Today's strategy
You need to refer to this strategy
You need to refer to this strategy
USOIL Last Call Before New York Session:
Switching to the Hourly that is in Bearish Market Bias, a new S&R Zone formed, right under the Gap Down (serving as Resistance). So, you have a Zone that can act as either Support for the bulls to rise from or Resistance for the bears to drop from. Watch carefully what happens because big monied institutions tend to get ready for action from a S&R Zone.
Also, look at the green dashed line. It extends from the close of the candle at the start of the market open. It became a Support Zone because the candles mostly moved above that line.
Switching to the Hourly that is in Bearish Market Bias, a new S&R Zone formed, right under the Gap Down (serving as Resistance). So, you have a Zone that can act as either Support for the bulls to rise from or Resistance for the bears to drop from. Watch carefully what happens because big monied institutions tend to get ready for action from a S&R Zone.
Also, look at the green dashed line. It extends from the close of the candle at the start of the market open. It became a Support Zone because the candles mostly moved above that line.
USOIL Operation suggestion: Long at current price, stop loss at 59.5, short term view around 62, target around 62.5.
USOIL On the 4-Hour chart that is in Bearish (directional) Market Bias, there was no breakout from the Low of the Inside Day pattern at 60.42 and the previous candle that formed was a Bullish Pinbar Hammer. Watch to see if a bearish move will fill the Pinbar Hammer's lower wick part-way or in full, then go back up again.
The Gap Down needs to be closed with a candle close at 61.89 (or higher) in order for the bulls to rise further and do a breakout at the Inside Day's high at 63.15. If that doesn't happen, then back down again, moving below the Gap.
The Gap Down needs to be closed with a candle close at 61.89 (or higher) in order for the bulls to rise further and do a breakout at the Inside Day's high at 63.15. If that doesn't happen, then back down again, moving below the Gap.
USOIL It will continue to decline. Wait for a rebound to initiate short positions.
Idea: USOIL:It will continue to decl…
Idea: USOIL:It will continue to decl…
USOIL USOIL strategy discussion
Idea: USOIL Today's strategy
Idea: USOIL Today's strategy
USOIL Buy Now 60.20
Target 63.20
stop loss 59.20
follow me Guyys
Target 63.20
stop loss 59.20
follow me Guyys
USOIL "M" pattern forming in the 5M. The 2 peaks at around 60.72, base at around 60.22. Is this a valid pattern? or too low of timeframe for it it to mean anything?
