WTI Crude Oil Trading

checking oil , as 63 down was enough to bounce and forced down post war and better wars and still 45 before final jump may start!. just check my another old chart ! so forced maneuver just started here , more to get next apparently!

USOIL trying to pop here .. testing resistance after - moments ago "Ayatollah Khamenei says Iran dealt US 'severe slap', claims victory over Israel
ASIA / PACIFIC
Iran’s Supreme Leader Ayatollah Ali Khamenei on Thursday claimed victory over Israel and said that his country had “dealt a severe slap to the face of America” during his first televised speech since a ceasefire between Iran and Israel was declared following their 12-day war.
"

pop here soon .. testing resistance now

USOIL pop >65.74

after Khamenei dude

confirmation again that the orange dude lies !

pop here soon !!

Nice short trade should be from $70-72 area.
Monthly remains in the mid of bearish channel.

WTI Crude Oil Technical Analysis

WTI pressured by weak jobs data; price below 6X remains vulnerable
Weak U.S. employment data has dragged WTI prices down . After a bearish move, the current volume structure shows a double peak, indicating selling pressure. On Monday, crude opened with a downside gap and remains suppressed by lower volume resistance . If this pressure isn’t broken, the weakness is expected to continue.
Bull/Bear Line (Key Level): $67.8
Resistance Levels: 67.8 – 68.2 – 69.2
Support Levels: 66.3 – 65.3 – 64.7
(This analysis is for informational purposes only and does not constitute investment advice)

Nice.

I would think support at $65.00 should hold as HH on daily was printed. I will aim price to test $70-72 again. Unless some news will get out, may change it.

USOIL trying to hold the middle of the channel

Price went past support, but is slooow.
I've managed to make circa 90 pips on this. Can't complain. Lets see where this will go.

some other correlations gbp and cad crosses but i like the gbpcad, just watching see what happens, maybe wti will turn if it breaks the trend and get this gbpcad with the help of gbp crosses look interesting, maybe some more room on cad crosses, decent trend in this wti could possibly have to rely on the gbp turn if it happens see what sets up here looks ok at the moment gbpcad

My study on USOIL

https://www.tradingview.com/chart/SP...ding-Strategy/

resistances 65+ and 66+ while next support can be 55 and 50 as targets , take care

oil

Is it still worth buying oil at this point?

natqas looks better, and could qo to 7

oil in eu will be rationed...
Putin will not sell. Usa will not to export

Oil will rise to $100, as high as it was at the beginning of the war in Ukraine