US Crude Oil SPOT forum
USOIL Data is negative for crudeoil .
WTI damn it is a god damn diamond. <3 perfect entry. runnin in profit. get ur bugs guysUSOIL Sell Crudeoil at cmp 77.95 Tgt 77 SL 78.65
WTI im in on a short its alot resistance at 77.5WTI here she comesssss.....WTI ooooh yes, runnin down
WTI The Hourly is officially in Bearish Market Bias after the bears crossed to the right of the Bullish Trendline (in green dotted line) to be to the right of it.They can head down for a bit, then typically retrace to retest the trendline (that acts as a form of Support and Resistance). The bear run can continue afterwards, heading for the low of the Inside Day pattern at 75.855. They are moving within a very tall S&R Zone.
*Side Note: A Double Top formed earlier, along with an upward wedge created by the trendlines (in red and green dotted line) to confirm a downward move. Let's see if the bears can break through the strong Support Zone created earlier by the tall bullish candle's midline to low. If not, they will stay above this Zone like the previous candles.
WTI could be a good short point
WTI looks like we have a diamond pattern here, right?
USOIL Just took a short lets see how this goes. Target 77.25 if possible but i do see 76.90 is also pretty good chance so i am pretty safe assuming this 15 minute candle close nicely down as an acting catalystEdit:
nah it didn't work
Welp thats end my day down small bit
