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USOIL There you go! There's the BIG move from the Double Inside Day, as foretold earlier from the Hourly and the 4-Hour timeframes, right before the end of today's New York session.

If the bearish candle breaches the Swing Low at 60.54, it would be an official breakout from the 24 hours of consolidation.

Also, watch to see if a bear run grows more into a giant Katana Sword going down because of an even bigger move to come, as foretold by the Double Inside Day from the Daily.

Take Profit:
59.77 - Low of Inside Day on the 4-Hour Timeframe
58.79 - Low of Inside Day on the Daily Timeframe
Snapshot

WTICOUSD tomorrow's official figures will be interesting

US API Crude Oil Stock Change Actual 2.4M (Forecast -1.68M, Previous -1.057M)
US API Distillate Stock Change Actual -3.2M (Forecast -, Previous -1.844M)
US API Cushing Stock Change Actual -0.349M (Forecast -, Previous 0.636M)
US API Gasoline Stock Change Actual -3M (Forecast -, Previous 0.207M)


USOIL Trading Tip:
I just had a "Doubting Thomas" write that every time I post about a Double/Triple Inside Day, the BIG move never shows up.

In my best defense, I've been calling out this pattern that is a tight form of consolidation that springs out since late Fall of last year. They are proof that these BIG moves are pre-planned by the market makers.

Here again are one of 3 ways a BIG move from a Double Inside Day shows up:
- One very tall candle;
- Two or more tall candles of the same color moving in the same direction;
- A series of candles of the same color, but varying heights in a LONG trend.

*Check Out the Hourly chart to see the Double Inside Days, followed later by one of the three BIG moves described: tradingview.com/x/d14tkhz2/
Snapshot


USOIL
Double Feature Showing:
On both the Hourly and 4-Hour chart, a Double Inside Day appeared. That means a BIG move coming.

We've still got the epic one from the Daily to also show up sometime this week. It will probably happen for a breakout from 23+ hours of very long consolidation.

*Side Note: I mentioned Double Feature, which also means that if you want some silly humor, go see "A Mincraft Movie" that's playing in the theaters.
Snapshot

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After in-depth analysis and speculation, the United States will join Japan to launch an attack in the foreign exchange market. The U.S. dollar index has recently begun to brew a new round of counterattacks, and USDJPY may have a significant turning point. When the U.S. dollar turns, the gold, silver, and crypto markets will most likely usher in a new turning point, similar to the situation in early April or late February.
Crude oil, Wall Street investment banks have begun to short oil prices in recent days. At this time, most of them are reverse indicators, but there will be a rebound in the short term.

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USOIL USOIL supports 60 and rises to 62-63

Real-time analysis of crude oil market:
The 1-hour and 4-hour Bollinger bands of crude oil close simultaneously. As long as the shape does not change, there will be little room for large ups and downs. Just treat it as a shock. In terms of resistance, pay attention to yesterday's high of 62.7. The 4-hour MA60 moving average moves down to 62.8. If it breaks upward, look at last week's high of 63.8. For the upper part, refer to the two suppression nodes of the weekly MA5 moving average of 64.7 and 65.2. In terms of support, pay attention to the 60.9 line where the 1-hour Bollinger band lower track and the 4-hour Bollinger band middle track overlap. Secondly, pay attention to the 60 mark. If it breaks downward, it is expected to accelerate the downward trend. The low support refers to the 4-hour Bollinger band lower track of 59.1 and 57.8. Overall, the price of crude oil has not escaped the downward trend, and the high point of the rebound is also moving downward. It is recommended to short at highs and go long at lows.
Crude oil strategy:
1. Go short when the rebound reaches the 62.5-62.8 area, stop loss 63.3, target 61.2-60,
2. Go long when the retracement reaches the 61-60.5 area, stop loss 60, target 61.8-62.8,
3. Alternative strategy: Place short orders in batches at highs of 64.5 and 65.5, stop loss 66.2, target 62-60, hold at 57 when it breaks;
Trading is risky, specific details are subject to real-time.
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USOIL 4h chart just formed a bullish sandwich, it might break to the upside after all