WTI looks like it is exiting the long-standing wedge, either upward or sideways. Upward could develop some momentum to carry substantially higher, but this could require some geopolitical factor to drive it.
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Disliked{quote} As usual I have no idea about fundies, to be honest I never will Charts and spooky only for me 57.78 is a spooky level Big news is always used by the pro's so lets see how it pans out this timeIgnored
Disliked{quote} 57.78 is still resistance, I'd say volume is positive at the moment so we may break this level, very bullish if we doIgnored
Disliked{quote} 57.78 is still resistance, I'd say volume is positive at the moment so we may break this level, very bullish if we doIgnored
Disliked{quote} How do you tell/why would you consider volume is positive please? I always want to learn on this regard, getting more info from volume, not only the price actionIgnored
Disliked{quote} Sponge, 77 4hr bars back seems re-occurring at this level, only problem is the price is a little higher, DIgnored
DislikedOpened a small speculative buy, nothing that will make me rich but trusting the chart, kiss of death, D EDIT 57.06Ignored
Disliked{quote} Is this the wyckoff volume analysis that you are using?Ignored