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The price has formed a small bull flag consolidation after break
MCL1!
, 60
Short
MCL1!: The price has formed a small bull flag consolidation after break
Updated 

The price has formed a small bull flag consolidation after breaking above key resistance at $67.00 Trading above all short-term moving averages (orange/red lines) Showing higher lows and higher highs, suggesting bullish momentum Key supports are holding with multiple tests Risk Management for Weekend: Since we're heading into the weekend, it's crucial to manage...

This is a more detailed 1-hour chart of WTI Crude Oil Futures
MCL1!
, 15
Short
MCL1!: This is a more detailed 1-hour chart of WTI Crude Oil Futures
Updated 

Current price appears to be trading around $66.40-$66.60, having recently bounced from a low point near $65.36 (marked with an orange line). The chart reveals several important technical elements: 1. The price is currently in a consolidation phase after a significant downtrend 2. There's a clear dotted red resistance line around $66.40-$66.60 that the price is...

Bearish move for Oil
USOUSD
, 1D
USOUSD: Bearish move for Oil

Will Oil have a small push up before, continuing to lower from its gains of 2024.

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