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WTI When im not trading oil it seems to move :(
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WTICOUSD Want to See Something Funny?
Here's a video of Trump with the Federal Reserve's Jerome Powell under the building wearing construction hats on. Trump has called Powell a "loser" in the past and watch closely Powell's expressions in the video link below.

Those who have "Trump Derangement Syndrome" don't realize that the Federal Reserve is not even part of the federal government and is a really a foreign-owned private bank under the Bank of International Settlements (BIS) in Europe. It's a criminal banking cabal system that Trump is trying to remove. It has never been audited and only self-audited. The Federal Reserve created a debt-based economy in America - owing trillions of dollars not ever meant to be paid back.

Here's the video link:
youtube.com/watch?v=7RgYm4s0Fog


WTICOUSD *Trading Tip:
When there's Neutral (directional) Market Bias, the bullish and bearish trendlines (in red and green dotted lines) fan out like a funnel. You'll see price action gravitate from one extreme end of a trendline to the other until there's a true (and not fake) breakout.

The trendlines were drawn first through the observation of how the candles pivot and then price action followed by going to the extreme ends of the trendlines.

Look below how price action did exactly that on the Hourly chart below:
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WTICOUSD seems the new chanel just retested the breakout of the old one.
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USOIL trump - dump…. Soon Trump-Bump
Bullish Oil


USOIL Friday is always full of surprises. That's why I mostly avoid trading on Fridays. Most ppl thought it was a bearish market, but there go........

WTICOUSD What's Below?
On that Hourly that is still in Neutral (directional) Market Bias from the bullish and bearish trendlines fanning out, the bears are now headed for the lower, extreme end of the Bullish Trendline (in green dotted line).

As the bears drop down, there's a Swing Low of 66.304 that can potentially be breached, along with the trendline to flip the market bias to bearish. And then there's the tall, multi-layered S&R Zone to deal with. If the bear don't breach the Swing Low of 66.304, then back up again until a breakout from the fanned trendlines.
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WTICOUSD I am off my screens today. Just noticed the big drop. I had a few news alerts on OPEC, data release and EU trade deal. Think this increased risk so cashing out. We are also heading towards month end and there is often a sell off. I hope of you went long, you weren't burned.