CFDs on Crude Oil (WTI)CFDs on Crude Oil (WTI)CFDs on Crude Oil (WTI)

CFDs on Crude Oil (WTI)

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CFDs on Crude Oil (WTI) forum



USOIL The 4-Hour that is in Bearish (directional) Market Bias shows a bullish rally rising towards the Inside Day pattern's high at 60.11 for a breakout.

An Inverse Head-and-Shoulders may be forming, which means consolidation ahead, then more of a bullish rally to cross above the Bullish Trendline (in green dotted line) - flipping the market bias from bearish to bullish.

Take Profit Projections:
60.11 - High of Inside Day
62.73 - Start of S&R Zone
63.30 - High of Inside Day on the Daily Timeframe
63.66 - Swing High
Snapshot

WTICOUSD not for me but for someone who contacted me through messages. They are in a buy from higher up, at about 300 pips above and are asking whether they should hold or close. What are your thoughts?

USOIL going to reach 85$ again as Trump input sanction on US Oil be ready put your stop loss at 56$ and enjoy the rally with huge profits

USOIL On the Hourly, we have a tall Shooting Star forming. If a bullish candle shows up in the new hour, it can potentially fill the upper wick of the Shooting Star part way or in full, then head back down again, but may not go past the Market Open Line, acting predominately as a SUPPORT ZONE with 3 candles closing above the line. We'll see how it turns out in the end.

*Side Note: There's a S&R Zone above and below on the Hourly chart. And, it's looking more like a giant Head-and-Shoulders pattern.
Snapshot



USOIL By the way I have not taken any positions here just monitoring and helping you guys :)

USOIL Wow would you look at that, my experience and order flow doesn't lie you should thank me for this :)