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Attachments: WTI Crude Oil Trading
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WTI Crude Oil Trading

Wonder what they have in store for us today. Sideways choppy action or a run to 59+. Be careful
Finally getting a move, anyone still awake

Sub 57.56 to screw the bulls
All charts/ideas based on UK time zone
1H
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Don't believe me just watch!
Today was Just about stop hunting. Expecting a pull back early next week but expecting 59+ by the end of the month
WTI Jan contract end of week.

Everyone had an opportunity to be wrong this week.
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Quoting timingchain
WTI Jan contract end of week. Everyone had an opportunity to be wrong this week. {image}
That pink line sure did an excellent job support wise.
persistence and determination alone are omnipotent
WTI D1

Possible strong resistance ~60, which might be the top of range band, for a while anyway.

The wedge from Oct is broken.
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Quoting Ll1979
{quote} That pink line sure did an excellent job support wise.
Upper bands 1 and 2 also provided some resistance.

As you know, I am partial to the concept of dynamic S/R lines.
rated top author in oil trading on tradingview.
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Quoting Kwame Freder
Today was Just about stop hunting. Expecting a pull back early next week but expecting 59+ by the end of the month
How can you tell it is stop hunting?
Quoting sponge
Finally getting a move, anyone still awake Sub 57.56 to screw the bulls
I think we'll see another test if 57.56 bearish below this level.
All charts/ideas based on UK time zone
Quoting sponge
{quote} I think we'll see another test if 57.56 bearish below this level.
Testing now....
All charts/ideas based on UK time zone
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The intraday situation on Crude attached:

Current 17:19: A smaller bearish divergence where retails seems a bit more bullish,
might be heading down (waiting for a stronger price/volume signal)
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Sold @57.67
I don't need to be good at the game, only good enough to beat my opponent,
Key level 57.56 has done a good job supporting today but little upside.
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All charts/ideas based on UK time zone
Quoting sponge
Key level 57.56 has done a good job supporting today but little upside. {image}
Sir sponge,

I eye estimated your chart and attached the price-volume method on a similar chart, been really creative here haha, hope you like it and can use it somehow, feel free to ask
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Quoting Lekkim
{quote} Sir sponge, I eye estimated your chart and attached the price-volume method on a similar chart, been really creative here haha, hope you like it and can use it somehow, feel free to ask {image}
Thanks Sir Lekkim, but I don't understand your lines

Are we looking at volume deviating from price?
All charts/ideas based on UK time zone
Quoting sponge
{quote} Thanks Sir Lekkim, but I don't understand your lines Are we looking at volume deviating from price?
Yes.

It's the 'basic' method back from my 'Tug of war' thread. I know you remember because you've been subscribed since the start Method been going thru constant development, so no wonder it's been hard to follow and understand it, hehe
So ye, I'm gonna link to it, not a promotion, but it's easier than me explaining many pages here. https://www.forexfactory.com/showthread.php?t=928287
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