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wti

WTI  H1 | Potential Bullish Bounce?
WTI  H1 | Potential Bullish Bounce?

TitleWTI  H1 | Potential Bullish Bounce?TypeBullish ReversalPreference:price is falling to the pivot of 69.31, a pullback support close to 23.6% Fibo retracement. A reverse from this level could lead...

WTI  H4 | Heading into a Pullback Resistance
WTI  H4 | Heading into a Pullback Resistance

TitleWTI  H4 | Heading into a Pullback ResistanceTypeBearish ReversalPreference:The price could rise towards the pivot level of 70.52. A reversal off this level could cause the price to fall to the...

WTI Crude Oil Futures (CL1!), H4 Potential Bullish Bounce
WTI Crude Oil Futures (CL1!), H4 Potential Bullish Bounce

WTI Crude Oil Futures (CL1!), H4 Potential Bullish BounceType:Bullish BounceKey Levels:Resistance: 79.90Pivot: 77.01Support: 75.54Preferred Case:Looking at the H4 chart, my overall bias for CL1! is...

Middle East Crisis Spurs Market Volatility and Drives Oil Prices Higher
Middle East Crisis Spurs Market Volatility and Drives Oil Prices Higher

Stock markets in Asia and Europe experienced a decline on Monday, while gold prices rose and the dollar resumed its upward movement towards local highs amid a sharp escalation of tensions in Israel....

WTI H4 | Potential bearish reversal
WTI H4 | Potential bearish reversal

TitleWTI H4 | Potential bearish reversalTypeBearish ReversalPreference:The price is currently at our pivot point of 79.072 which is just slightly above a 50% Fibonacci retracement level. If there is a...

WTI H4| Fibonacci  Confluence
WTI H4| Fibonacci Confluence

TitleWTI H4| Fibonacci  ConfluenceTypeBearish ReversalPreference:The price is currently at our pivot level of 78.04, which coincides with an overlap resistance, the 50% Fibonacci retracement, and the...

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The Crude Chronicles - Episode 81

Oil Traders Cut Longs The latest CFTC COT institutional positioning report shows that crude traders reduced their net long positions in oil by a further 19,047 contracts. This latest reduction takes...

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The Crude Chronicles - Episode 77

Oil Traders Add to Longs The latest CFTC COT institutional positioning report shows that WTI traders increased their net long positions in crude last week by a further 8.255 contracts. With this...

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The Crude Chronicles - Episode 79

Crude Traders Cut Longs The latest CFTC COT institutional positioning report shows that oil traders reduced their long positions last week by a further 11,996 contracts, taking the total position size...