USOIL Only accurate trading signals can lead to good trading results. Idea: Maintain high-level volatility…
WTI Light Crude Oil forum
USOIL Only accurate trading signals can lead to good trading results. Idea: Maintain high-level volatility…
USOIL decent pullback for it to go above 64 itll pump tomorrow
USOIL Scalper's Delight: After the BIG drop as part of three big moves made from the start of this session, the Hourly chart shows that price action wants a market pause (like a time out), shown as a giant Inside Day. The pattern also suggests no clear direction with consolidation to come, then eventual breakout from either the Inside Day's high at 63.44 or low at 62.37.
*Side Note: Since June 1st, price action has been ranging between two S&R Zones, above and below, on the Hourly chart. No breakout from this channel yet.
Also, there's a S&R Zone and Swing Low of 62.37 in the way of a breakout of the pattern's Inside Day's low. If those can't be breached, then breakout from the pattern will be at the Inside Day's high of 63.44.
USOIL Collect some layers and wait for fall down
USOIL How much more consolidation 🥱
OIL_CRUDE meh that wick is a, weakness or more bull coming
USOIL now target 62 and lowerUSOIL And Voila, the giant M-shaped pattern! Hope you placed your trade earlier on that neckline.
USOIL TA show bearish, News bullish but why so big dumpUSOIL Trading Tip:For those who are into Japanese candlestick analysis, we have a Bearish Rickshaw Doji on the 4-Hour timeframe that is a three candle pattern and top reversal pattern to encourage a move to the downside.
