USOIL On the Hourly that is in Bullish (directional) Market Bias, the bearish candle's lower wick is resting on the thin S&R Zone. This may be a rejection from dropping for the bulls to eventually show up and head towards the high of the Inside Day for a breakout at 68.28 (shown as an orange line). We'll see if that happens.
But if the bears drop below the S&R Zone, then a breakout will happen at the low of the Inside Day at 67.16 and go lower towards the Swing Low of 67.29.
*Special Note: - We have a Double Inside Day that showed up on the 4-Hour, so a BIG move is coming within the next two days. - Also, a giant Three Methods Rising pattern formed to indicate a continual move to the upside.
USOIL On the Hourly, the bears are dropping from the S&R Zone and headed for the low of the Inside Day at 67.16 for a breakout (shown as an orange line).
The S&R Zone may block a move to the upside.
If the bears continue down from the Zone, the retracement can go towards 66.86 through Mean Reversion.
*Alternative Scenario: If the bulls rise above the S&R Zone, they can do a breakout from the high of the Inside Day at 68.28 (shown as an orange line).
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📊 The Heist Plan: WTI / US Oil Spot (Swing Trade) Entry 📈: The breakout is your signal! 🎯 Wait for the Moving Average crossover and a confirmed pullback at $68.00 on the 2H timeframe. Once it triggers, go long and ride the bullish wave! 🐂 Set an alert to catch the breakout in real-time. 🚨
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USOIL On the Hourly that is in Bullish (directional) Market Bias, the bearish candle's lower wick is resting on the thin S&R Zone. This may be a rejection from dropping for the bulls to eventually show up and head towards the high of the Inside Day for a breakout at 68.28 (shown as an orange line). We'll see if that happens.
