WTI Just Spotted This:On the 4-Hour chart, a Double Inside Day formed, which means a very BIG move is coming - either to the upside or downside. This can show up anytime and can look dramatic on the lower timeframes.
US Crude Oil SPOT forum
WTI Just Spotted This:On the 4-Hour chart, a Double Inside Day formed, which means a very BIG move is coming - either to the upside or downside. This can show up anytime and can look dramatic on the lower timeframes.
USOIL oil is still in the downtrends, looking it might move to 63.5, if it break, follow drop to 62, think that will be the final support area
USOIL It's only a matter of time before it risesIdea: usoil:About to rise
WTI Warning!Watch out because this giant candle did a spike down, then spiked right back up within seconds with very little volume behind the move, so likely to be rejected.
The candle is still tethered to the S&R Zone. True direction is when the candle rises above or drops below to "clear" from the Zone to no longer touch it.
As long as the candles are "hugging" the Zone, they can still consolidate within it. Be careful!
The Bearish Trendline (in red dotted line) is still nearby for the bulls to cross and flip the Bearish market bias to its opposite. And, the long lower wick of this bullish candle will need a wick fill, so watch for that too by the bears.
USOIL Dear trader friends, are you still curious whether you can buy USOIL or continue to short USOIL? Listen to Jack's opinion.From the trend of oil, it is still in an overall downward trend. USOIL is currently priced at 66.2 (based on Tradingview). From the news perspective, the short-term supply line is blocked, which may cause the demand for oil to rise and lead to the rise of oil prices. Combined with the four-hour USOIL, a double bottom structure is formed. Therefore, the short-term comprehensive assessment is mainly buying, and pay attention to whether the price of 67 can stand firm in the market. If the position of 67 stands firm, there will be a rebound climax of 68-68.5 in the short term. Focus on the release of "non-agricultural data" tomorrow.
Personal thoughts, for reference only. If you follow my signals or refer to my suggestions, remember to pay attention to the real-time notifications within the analysis circle. Convenient for subsequent operations or closing positions.
CL1! CRUDEOIL1! MCL1! WTI3!
USOIL The Trump administration is considering intercepting Iranian tankers in key waterways to hit Iran's oil supply chain. Oil may face a different situation. David suggests that traders can go long on oil at the current price. TP 67.05, SL: 65.8. Traders who are interested can implement this plan. If you don't know when to enter the market, you can follow me. I will release the specific signal in real time in the trading center, so stay tuned.
WTI Last Call Before This Train Leaves:On the Hourly that is in Bearish Market Bias, a new S&R Zone formed. This would be good news for the bulls if they rise can above it and use as Support.
The Bearish Trendline (in red dotted line) is spitting distance away, so it's nearby enough for the candles to move to the right of the trendline, flipping the market bias from Bearish to Bullish.
Above the S&R Zone are the Swing Highs of 66.575 and 66.585 that can be breached with a bullish rally.
In case the bears drop below the S&R Zone, then they can head towards the Pivot Low of 65.365.
USOIL there is a gap to be filled between 66.18 - 66.09, oil should not fall below these levels, looks like it was filled by just touching 66.18, it should continue up
USOIL Tariffs on Mexico have been removed temporarily