WTI Cash (or Spot) ContractWTI Cash (or Spot) ContractWTI Cash (or Spot) Contract

WTI Cash (or Spot) Contract

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WTI Cash (or Spot) Contract forum



WTICOUSD For Sunday's Session:
Taking a look at the 4-Hour timeframe, the bearish drop was from a Bearish Pressure Zone (that formed from the upper wicks of three candles in succession).

Look at the last bearish candle's low of 63.719 (that is an orange dotted line). If a bearish candle shows up to close past it, and then another bearish candle "clears" past the dotted line without ever touching it with a wick or real body (that creates the open and close prices), that means the intent is to continue the descent. But if one or both bearish moves don't happen, the bulls can show up to rally in a BIG way.

*Side Note:
A giant W-shaped pattern is forming with the last and 4th leg, typically being a long bullish trend.
Snapshot

WTI there is D- FVG at 62.5 to fill? Downtrend! Any comment for next week

USOIL Reduced short to remaining 30%.
Trump's date with Putin is unpredictable, and yes, his hair and nails may be impeccable, but is it enough to impress Putin?

USOIL Feel like this is gonna go up to 67-68 in the next 3 trading days.

USOIL Some algo is there at 64.05-64.10...which is preventing the fall


WTICOUSD On the Hourly, a Double Inside Day formed. That means a BIG move is coming, sometime during this session.
Snapshot

WTICOUSD Switching to the 4-Hour, a Popgun pattern formed earlier during the After Hours. This shows up during times of high volatility. It often leads to 3 major swings that leads to complex consolidation. Price action will move like a See-Saw. Here's the sequence of swings: Down-Up-Down.

The down, then up move already happened. We'll eventually see the last candle pivot to swing the market to the downside.
Snapshot

USOIL any update
How tou trade oil like that
Its really boring and more risky