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Attachments: WTI Crude Oil Trading
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WTI Crude Oil Trading

Quoting Kwame Freder
approaching area of resistance around ~$73 on my charts. could $80 be on the table again before the year ends??
it got pretty close to $77 on my charts earlier this morning. may not get over $80 by years end but seems heel bent on ending the year "Bullish"
Quoting Ayax.TSS
{quote}
Spot on, 99% accuracy, wow!
Changing trade direction to sell.
Thanks!
Staying positive
WTI, Asia price increase anouncement, created nice spike up, was lucky to sell the top of spike.

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Staying positive
Quoting Jolita
WTI, Asia price increase anouncement, created nice spike up, was lucky to sell the top of spike. {image}
Just curious what is your pink line? Whether is it some resistance line? Where is it based on and why?
Quoting Shantala
{quote} Just curious what is your pink line? Whether is it some resistance line? Where is it based on and why?
Pink line is manually drawn sell entry.
I was watching this move up, sold when price bounced of daily resistance. Oil likes its levels.

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More analysis:
https://www.tradingview.com/symbols/NYSE-WTI/
Staying positive
Quoting Kwame Freder
{quote} it got pretty close to $77 on my charts earlier this morning. may not get over $80 b by others,, y years end but seems heel bent on ending the year "Bullish"
Yes, certainly a good finish to the year, Kwame_Freder, almost 78.00, not complaining. The 'precious one' has had a bit of a bounce, I couldn't help but notice, 1825. Oh dear.

HNY to you and all, bye for now!

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'Those are my principles, and if you don’t like them… well, I have others.'
Some interesting charts/comparisons at macrotrends, for all the do or die goldbugs, in particular.

One random one:

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'Those are my principles, and if you don’t like them… well, I have others.'
Quoting yani38
Some interesting charts/comparisons at macrotrends, for all the do or die goldbugs, in particular. One random one: {image}

Interesting comparison, possible to share the link?
Thank you
Staying positive
Entered step lower

4h
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Staying positive
omicron may be cooling oil demand for now but i expect it will return over the next couple weeks and there will be another push above $80
Quoting Jolita
{quote} Interesting comparison, possible to share the link? Thank you
Sure, https://www.macrotrends.net/charts/stock-indexes
'Those are my principles, and if you don’t like them… well, I have others.'
Powering on, isn't it? I see 79.99 then 81.29 as temp resis, mid.

'Spot' pundits are chopping and changing their views like a Melbourne weather forecaster, seemingly, 1800 odd atm.


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'Those are my principles, and if you don’t like them… well, I have others.'
Sharing my view on OIL! OIL is in imminent break-up. A day closes above 78.8 and we will see 83 level very quick. MACD is also confirming it. I'm not in yet, waiting for the day close. GL!
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Quoting Kwame Freder
omicron may be cooling oil demand for now but i expect it will return over the next couple weeks and there will be another push above $80
well looks like we may get Over $80 even sooner than i expected. WTI is very bullish, would love another pullback before it breaks out but let's see how the week ends.
Yes, 80 reached.
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Staying positive
Quoting Jolita
Yes, 80 reached. {image}
Yes, well done. Bit of a pullback atm, think that's just about done for now short term. 79.45/50, then 79.95/00 coming up again. 78.82 right now cash bid.

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'Those are my principles, and if you don’t like them… well, I have others.'
All good, running with a trail from here, bullish.

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'Those are my principles, and if you don’t like them… well, I have others.'
could bounce from here or we get a further pullback to shake out weak longs. wouldn't be surprised either way. overall my sentiment is still bullish and expecting a push into the 80s
Quoting Kwame Freder
could bounce from here or we get a further pullback to shake out weak longs. wouldn't be surprised either way. overall my sentiment is still bullish and expecting a push into the 80s

Yes. Here we are again. Chart has help up well so far. Markets are erratic pending Fed Chair Powell Testifies in about 5 hrs. He will probably say something like he 'warns not to become too complacent with interest rates at recent lows, rises are inevitable in the current environment'. Big deal, we'll have to wait and see how specific he gets. WTI on a bit of a spike right now, 79.65 bid.

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'Those are my principles, and if you don’t like them… well, I have others.'
we may get a little pullback from this area. wouldn't mind it to reload on longs. will stay out and watch and see what inventory data does.
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