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WTI Cash (or Spot) ContractWTI Cash (or Spot) ContractWTI Cash (or Spot) Contract

WTI Cash (or Spot) Contract

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WTI Cash (or Spot) Contract forum


OnlyWins99
OIL_CRUDE
Just a thought looking at the charts I think we might have a bullish gap down on Monday. Meaning we might see a gap down but buy orders could cover shorts leading to another bullish run. This is not a financial advice. I can see this happening as there is a bearish CRT on the 2D Timeframe and 12H timeframe and a bullish BOS fair value gap around 65.80 on the 12 hour timeframe frame.

We tested the opening of previous 12H bearish candle (67.60) and rejected so it might drop further on Sunday evening ahead of Monday session towards the Bullish order block also around 65.40-65.80 before it loads up for another run

If you want to adjust pricing to USOIL add 90-95 cents onto the values shown above.

Have a great weekend and Happy Friday!! 🙏🏽
beyond50
WTICOUSD The current bearish candle on the Hourly will either drop more to break through the Bullish Trendline (in green dotted line) or use it as support for a retrace upwards.

If there's a continued move down by the bears to cross the trendline, then the market bias would flip from bullish to bearish with the most profitable moves being to the downside.

*Side Note:
To make it official that the Hourly is in Bearish Market Bias, the current candle forming would first need to break the trendline, then another bearish candle in the new hour has to "clear" past it, which means it no longer touches the trendline in going down.
Snapshot
bilhas86
USOIL Trump promised voters lower oil prices — and he’s delivering by boosting U.S. supply, breaking from the strategy of past presidents who kept domestic output in check to protect long-term price stability and energy assets. This short-term flood of supply is political — not sustainable. While the market enjoys temporary relief, underlying fundamentals are tightening. OPEC+ friction, declining spare capacity, and years of underinvestment in exploration are all quietly fueling the next leg up.Long-term oil bulls are watching — and waiting. This is a patience game.

BULLISH ENERGY. MACRO STILL WINS.
bilhas86
$USOILTrump is playing his cards to keep oil prices low — for now. But oil is a global commodity, not a market that can be controlled forever. He may be manipulating short-term moves, but the world will have to pay the price sooner or later. High oil prices are inevitable. This setup is BULLISH.
mustafabeercan
WTICOUSD looks like we are in a buy the rumour, sell the news scenario. Where talk of events causing oil flow to be impacted has proven not to be. Potentially creating a catalyst for this drop. Potentially down to 66 we have a fair few hours of trading to go.
OnlyWins99
OIL_CRUDE
Here is a snapshot of trades taken today and how the indicator signals work

Respecting the levels highlighted too

Have a great weekend, Im signing out
Snapshot
alexapopa111
WTI beyond5 but it can also be very bearish, a continuation of the daily downtrend....zzz
Snapshot