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OIL_CRUDE
We are stuck again
Currently stuck between 66.45 and 67.20 on this chart…

Above 67.20 is a breakout testing 67.70 and then if not rejected a final target of 68.15…

We are having a Low traffic bullish trend creating bullish pressure points and eventually would reject 68.25 before a possible reversal.



USOILSPOT As I had discussed earlier. It's a wait-and-watch scene. It will break the line and retest and then again move upward for the 67 level.

It's happening.
Snapshot


WTICOUSD The Daily is in Bullish (directional). Price action has been doing tight and wide consolidation. The bulls are rising from both a Bullish Pressure Zone (from the lower wicks of the last three candles) and headed for the Swing High of 69.975.

If the bulls fail to reach and breach the Swing High, then back down towards the S&R Zone (that begins at 66.314).

*Alternative Scenario:
If the bulls breach the Swing High of 69.975 with a candle close past that price, they can head up more towards the tall S&R Zone that begins at 69.238 to either meet resistance and drop back down or cross through the Zone.

A giant W-shaped pattern may be forming with the 4th, last leg being a long bullish trend.
Snapshot

USOILSPOT As I had discussed yesterday. No going back from this level. Since it pulled from 64.5 level and showing no weakness, it means bulls are in control.

And if TRUMP doesn't play his shitty game again, we can touch 68 within 2-3 sessions.

USOILSPOT It's standing at the wait and watch level.
Trying to break, then a small retest, and then upward movement.

If it fails, it will fall, but not hard since Bulls are strong here. No bad news.

OIL_CRUDE
Good morning: target achieved 👍🏽 🎯
Trading oil is not for the weak