USOIL - Swing IdeaSo I am just speculating, price is kind of rangebound for now but hear me out.
The Asskonhole tomorrow with the lizard people may or may not provide the fuel for the price to revisit ~60 area and we could see a nice bounce.
I mean I don't see why we can't revisit ~64-65 earlier but we would need
USOIL: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse USOIL together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 63.81 will confirm the new direction downwards with the target being the next key level of 63.10 and a reconvened placement of a
Bearish continuation?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support, which is a pullback support.
Pivot: 65.65
1st Support: 60.66
1st Resistance: 70.97
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can af
The Path to $200 Oil: A Storm and the T Pattern of the DecadeIn anticipation of the potential meeting between Trump and Putin, many are expecting de-escalation. My primary scenario, however, is that the initial talks will most likely fail. This event will not bring relief but will instead trigger a new round of escalation: intensified sanctions and, consequen
USOIL(WTI) – Demand Zone Tested,Potential Bullish Reversal AheadCrude Oil (WTI) is showing signs of strength after respecting the support level near $60–62 and forming a clear demand zone. Price has been consolidating within a descending structure and is now attempting to push higher.
Key observations:
✅ Support level held strongly near $60.
✅ Multiple Change
WTI OIL Buy signal if the 4H MA50 breaks.WTI Oil (USOIL) appears to have found short-term Support since the August 13 Low, turning sideways, with its 4H RSI however on Higher Lows, thus displaying a Bullish Divergence.
This is similar to the June 24 - July 02 Bullish Divergence, which once it broke above the 4H MA50 (blue trend-line), it
USCrudeOil| Inventory Draw Lifts Prices Fed Geopolitics in Focus🛢️ USCRUDE OIL – Overview
Oil edges higher amid U.S. stock draw
WTI crude oil futures rose to $63.45 per barrel on Thursday, extending gains from the previous session after U.S. crude inventories posted a bigger-than-expected draw.
📊 EIA data showed stockpiles fell by 6 million barrels to 420.7 m
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Displays a symbol's price movements over previous years to identify recurring trends.