USOIL so far i just see a flag, and a breakout to the downside. if the retest gets rejected,(even if it's a deep one) let's fall to 64 USD.
WTI Light Crude Oil forum
USOIL so far i just see a flag, and a breakout to the downside. if the retest gets rejected,(even if it's a deep one) let's fall to 64 USD.
WTI here we go. Long all the way
WTICOUSD Also.. OPEC monthly report today. There is no set time it comes out, usually lunchtime. There is also US data coming out today. So definitely time to sit on hands.WTICOUSD for me, the retrace broke through support and a daily trendline. It has now visily slowed down. The break of the last swing point has created a ChoCH and usually we have a retrace into the FVG. I would wait until the next 8H candle to open at 2pm GMT to decide next as currently this candle looks to be an indecision. We will have sideways movement until then.
USOILSPOT oil not looking good for the bulls
USOILOil likes revisiting the devil's number.
USOILSPOT I hate the consolidation phase right after you take entry. Who else agrees?
USOIL What a bad luck Guys its sell but after hit Stop loss
USOILSPOT We are good to go now
USOIL The Hourly is still in Bullish (directional) Market Bias. The bear trend has reached a point of being Oversold.The previous Hammer's lower wick rejected the Swing Low of 66.47, so a move to the upside can be towards 67.23 through Mean Reversion.
*Side Note:
We now have two, Double Inside Day patterns that are back-to-back, letting us know that a really BIG move is coming when they show up like that.
