USOIL 68 looks goodCrude Oil West Texas - Cash forum
USOIL 68 looks good
USOIL entered long with a debit spread on CL.
USOIL Dont bullcomplicate it XD
WTICOUSD The Hourly has a new S&R Zone that the candles are congesting within. The previous two candles have lower wicks that rejected the low of the Inside Day for a breakout.
With more of a consolidation to the right and if the bulls rise above the Bearish Trendline (in red dotted line), the market bias can flip from bearish to bullish for the most profitable moves to be to the upside.
There's still no clear direction yet while the candles are consolidating.
USOIL According to my meticulous analysis of the Western Honey Bee, Oil price has dropped with exuberant conviction, providing me with a cornucopia of wonderment and satisfaction. It's tea time! (Or maybe coffee)
USOIL this is gross price action
USOILSPOT I personally don't feel it will go more down as it has touched one of the key support levels as I had expected. And if it falls further below, we have another support at 63.7.
Rest I believe it will go up and up according to my chart analysis on HTF.
USOIL 64.8 maybe ?What is your thoughts 🤔
OIL_CRUDE Market is yet indecisive, we are consolidating before a major move. Currently my trades are as follows: shorting under 65.80 and going long under 65.00.
Right now I’m in long position @64.80 targeting 65.50 TP1, 65.80 TP2 and 66.50 TP3.
WTICOUSD A Double Inside Day just showed up on the Hourly, so a BIG move is coming.