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West Texas Intermediate Crude Oil Futures (Continuous futures contract)West Texas Intermediate Crude Oil Futures (Continuous futures contract)West Texas Intermediate Crude Oil Futures (Continuous futures contract)

West Texas Intermediate Crude Oil Futures (Continuous futures contract)

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West Texas Intermediate Crude Oil Futures (Continuous futures contract) forum


mustafabeercan
WTICOUSD rebound out of resistance.. then below NY open. probably time to protect your long's
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IBGSCALPER
USOIL From a monthly perspective, we break the 55 support touch the 49 and start to make a LH or HH.
p.s 49 is fib calculated under 50%
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Tommy123456789
OILUSD monthly candle bk tested 60.3
And so far has been rejected
Early days for monthly , can only see a big lead ballon coming 🎈
beyond50
USOIL On the Hourly, a Tweezers Bottom formed from the last two candles having nearly the same price at their lows. They created a Support Line (in blue dotted line) as a result.

If the bears drop down to break through that line, then the retrace to the downside can resume. If that doesn't happen, then the bulls will stay above that Support Line and do a breakout from the Inside Day's high at 59.67.

*Side Note: There's is a tall bullish candle to the left of the chart. If the candles can't do a candle close below its midline - acting as strong Support, they will stay above it.
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TiffanyD
USOIL Oman confirms that it is mediating the ceasefire deal between Yemen's Houthis and the US.
TiffanyD
USOIL nah, bears are just missing, this wants to finish what it started 60.15-60.50 looks like it
USOIL Real-time analysis of crude oil market:
The crude oil rebounded and began to increase in volume, but the weak structure has not changed. The current resistance is at 59.5 and 60.3. The upward deviation is at the weekly MA5 moving average suppression point of 61.2. For support, we first look at yesterday's high point 57.6 resistance turning into the current support point. If it breaks down, we will see the support range formed by the 4-hour SAR indicator extension point 56.3 and the 4-hour Bollinger band lower track 55.8. The previous low of 55.1 is considered a deviation defense support node.
USOIL USOIL USOIL USOILSPOT USOIL
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