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  • #10,401
  • Apr 20, 2022 11:20am Apr 20, 2022 11:20am
amigos is wti going towards 95 or 106? what is your take?
  • #10,402
  • Apr 20, 2022 11:32am Apr 20, 2022 11:32am
Price/volume analysis of WTI today, bullish at the moment.
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  • #10,403
  • Apr 20, 2022 2:09pm Apr 20, 2022 2:09pm
Joe Biden verses Vladimir Putin, fuel fight continues. As soon price falls, Putins gang on the case.

Joe on twitter:
I’m doing everything I can to bring down prices and address the Putin Price Hike.

That’s why I authorized the release of one million barrels a day as we work with U.S. oil producers to ramp up production — and coordinated this release with partners and allies around the world.
  • #10,404
  • Apr 20, 2022 5:06pm Apr 20, 2022 5:06pm
Quoting Jolita
Joe Biden verses Vladimir Putin, fuel fight continues. As soon price falls, Putins gang on the case. Joe on twitter: I’m doing everything I can to bring down prices and address the Putin Price Hike. That’s why I authorized the release of one million barrels a day as we work with U.S. oil producers to ramp up production — and coordinated this release with partners and allies around the world.
Very unusual.
8 million barrel draw and not a spike.
Be humble or be humbled.
  • #10,405
  • Apr 21, 2022 12:48am Apr 21, 2022 12:48am
Bought at $102.40 will dump it if it is no good.
Be humble or be humbled.
  • #10,406
  • Apr 21, 2022 4:14am Apr 21, 2022 4:14am
Oil is rejecting $104 level, chance to continue down towards $100??
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  • #10,407
  • Apr 21, 2022 6:42am Apr 21, 2022 6:42am
Quoting Temujin
Bought at $102.40 will dump it if it is no good.
I married to my left over shorts
Getting heavy. Need a nice drop to $90. Come on Biden, do something.
  • #10,408
  • Apr 21, 2022 6:56am Apr 21, 2022 6:56am
may not even break out this week. look out for a fake move before it does break whichever way. next 2 hours should give some indication.
  • #10,409
  • Apr 21, 2022 10:50am Apr 21, 2022 10:50am
Quoting Temujin
Bought at $102.40 will dump it if it is no good.
Seems god job for now....
  • #10,410
  • Apr 21, 2022 2:17pm Apr 21, 2022 2:17pm
Quoting Kwame Freder
may not even break out this week. look out for a fake move before it does break whichever way. next 2 hours should give some indication.
Tried to break out both ways $105 - $100. Current base $104 - $102.

1 hour chart in an ascending channel, doubt will stay within long.

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  • #10,411
  • Apr 21, 2022 3:07pm Apr 21, 2022 3:07pm
Quoting Jolita
{quote} Tried to break out both ways $105 - $100. Current base $104 - $102. 1 hour chart in an ascending channel, doubt will stay within long. {image}
yeah the break is coming all these erratic moves and fake break outs indicate it. May do so on the opening next week when no one is expecting it especially if some sort of news breaks over the weekend.
  • #10,412
  • Apr 22, 2022 8:46am Apr 22, 2022 8:46am
How about 170 point symmetry?
It is also a bollinger top daily. (bo-40.2)
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  • #10,413
  • Apr 22, 2022 8:54am Apr 22, 2022 8:54am
[quote=meliaz;13977747]170점 대칭은 어떻습니까? 일간 볼린저 탑이기도 하다. (bo-40.2) {이미지}[/인용]

b.o
yellow 40.2
red 20.2
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  • #10,414
  • Apr 22, 2022 9:04am Apr 22, 2022 9:04am
Getting close again

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  • #10,415
  • Apr 22, 2022 10:17am Apr 22, 2022 10:17am
price action is very typical friday. looking like it wants to break lower but hasn't. wouldn't be surprised if we got a late session surge up.
  • #10,416
  • Apr 23, 2022 1:52am Apr 23, 2022 1:52am
Market crashed today HARD. �� OIL very resilient. Weekly direction is lower. Demand destruction is coming.

https://oilprice.com/
Be humble or be humbled.
  • #10,417
  • Apr 25, 2022 12:11pm Apr 25, 2022 12:11pm
Quoting Jolita
95 prior 112?{image}
Drawing worked out well, price moved to 95.
If we go lower I would think 61.8% should be next. Of this level retracement up is also possible.
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  • #10,418
  • Apr 26, 2022 7:32am Apr 26, 2022 7:32am
Quoting Jolita
{quote} Drawing worked out well, price moved to 95. If we go lower I would think 61.8% should be next. Of this level retracement up is also possible. {image}
stuck in a daily pennant pattern
  • #10,419
  • Apr 26, 2022 3:01pm Apr 26, 2022 3:01pm
Quoting Kwame Freder
{quote} stuck in a daily pennant pattern
I am not sure with the start of this pennant, usually if starts from low is ascending pennant.
Body itself is descending triangle, as three identical triangles on the same line.
Anyway as
You say false break will be first, never easy.

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Or neutral -

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  • #10,420
  • Edited 4:53pm Apr 27, 2022 2:54pm | Edited 4:53pm
Not much is happening on the chart today.
Price is squeezed and trying to break resistance.
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