USOIL Its giving fake bullish structure itll fall this weekWTI Crude (OIL) / US Dollar forum
USOIL Its giving fake bullish structure itll fall this weekUSOIL 65.50 then 63 :) Im selling on the pullbacks :)
USOIL I think this will reject here and comeback same position 64/62
OIL_CRUDE Just tell me, anyone thinks drop up or drop down? just just simply put...sooo slow
WTICOUSD incredible figures in the API report. I had to check a couple of sources to see if this was correct. If it is and it follows tomorrow.. that should be a big move to quote our good friend beyond50 forexlive.com/news/oil-private-survey-of-inventory-shows-a-headline-crude-oil-build-vs-draw-expected-20250715/
USOIL WTI Crude slips as traders await US inventory data and digest OPEC+ supply increaseWest Texas Intermediate (WTI) Crude Oil remains under pressure on Tuesday as a growing global supply outlook weighs on...
USOIL I wrote in a previous post today that a giant W-shaped pattern is forming with the last leg being a long bullish trend. Check out the Hourly chart below to see the "W":
USOIL This is an observation from myself to you guys over the last 8-9 months oil has been extremely hard to trade , do you agree with me ? Up until June July 2024 it had nice short term trends and less of the consolidation, fake outs and crazy spikes making doable to make a buck.
I think there’s way more people trading oil now and this is why they’re making it like this not to make sense……
Share your thoughts.
P.S 65.50 may still be coming also some of the structure nowadays isn’t making sense !!!
USOIL breaking the second flag bottom trend, while forming a reverse Cup n Handle.may "worst script of life", but looking good so far :)
USOIL tgt 64 level