WTICOUSD ok...so let it be a Flag?that immao fake breakouts here and there.
US WTI Crude (Spot) (XTIUSD) forum
WTICOUSD ok...so let it be a Flag?that immao fake breakouts here and there.
WTICOUSD Going to the Hourly, it is in Bearish (directional) Market Bias, but that may change soon as the bulls rise to cross above the Bearish Trendline (in red dotted line). A candle close above this, then another bullish candle "clearing" past the trendline will officially flip the market bias from bearish to bullish for more profitable moves the the upside.A new S&R Zone formed from consolidation of non-trending candles earlier that the bulls may rise from in the new hour. Let's see how this works out.
*Alternative Scenario:
If the bulls don't cross up to do a candle close above the Bearish Trendline (in red dotted line), then another bullish candle to "clear" above that same trendline to flip the market bias, then the bears can drop below the S&R Zone to potentially breach the Swing Lows of 66.243 and 66.084, but then deal with another S&R Zone below those.
WTICOUSD A Morning Doji Star is forming on the 4-Hour timeframe that is in Bearish (directional) Market Bias. As a bottom reversal pattern, it has also rejected breaching hte Swing Low of 65.628, so it will head up towards the thin S&R Zone above it.Let's see if the bulls manage to break through the S&R Zone (that begins at 67.281). If they do, the giant W-shaped pattern may finish forming with a long bullish trend. But if the bulls can't break through the Zone, then back down to attempt to breach the Swing Low of 65.628.
XTIUSD fly to he moon
USOIL lets go bulls
WTICOUSD Breakout down. clean retest done on 1min timeframe. my we will se another retest.but hoping for a high pressure down now.
WTICOUSD X Wave Still forming. now looks like descending triangle. what is more common than the expanding one. still no breakout.
USOIL price will go back to 68
WTICOUSD we gonna fall much further, if ABC or ABCDE Structure gets broken to downside.
WTI It will go up now