USOIL West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.20 during the Asian trading hours on Friday. The WTI price edges lower on expectations that the United States (US) and Iran may soon reach a deal over Tehran’s nuclear programWTI Light Crude Oil forum
USOIL West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.20 during the Asian trading hours on Friday. The WTI price edges lower on expectations that the United States (US) and Iran may soon reach a deal over Tehran’s nuclear program
USOIL 🔴Resistance: 62.45
🟠Pivot: 61.40
🟢Support: 59.89
Keep an eye on that 61.40-61.50; if it hold us we will test resistance if not we will see a big move to 59.90-59.60.
1H 20 EMA is at 61.25 and 1 Hour 50 EMA is at 61.73: these ema will act as an immediate resistance.
USOIL So Long, Farewell. I bid you, adieu. I'm taking an annual 2-week, Spring Break and will be back in early June. The family wants to go to a Sammy Hagar (from Van Halen) concert in Las Vegas, then help martiowen19 escape from Area 51 nearby.
Wishing You All Great Abundance!
USOIL Tradingview bring back the like and dislike button those were good days.
OILUSD we shall see in the coming hours 🚀USOIL For Those Who Believe a DROP is Coming:A new S&R Zone just formed on the Hourly that is now in Bullish (directional) Market Bias from the candles rising above the Bullish Trendline (in green dotted line).
We'll see if the bulls rally from the S&R Zone or the bears go below it to flip the market bias from bullish to bearish by crossing the Bullish Trendline.
Also, the Double Inside Day turned into a Triple Inside Day, so a very BIG move is coming. Could be during the remainder of the New York session or in the After Hours.
USOIL Not much happening now, the bigger moves was done on Asia and a little on London, NY was likely to be choppy :) day is limitedOILUSD yawn yawn yawn 🥱
USOIL here is my chart.also waiting for a breakout, out of that triangle
USOIL starting to look a little confusing? Bulls are trying to break through from 6 hours now. If this was about to break to the upside, this would have passed 61.30 and mostly trading above it. On 4h chart you can see the bearish pennant more clearly now, bears are in control.