SonicDeejay

WTI Crude Oil (A Life Less Ordinary)

Short
SonicDeejay Updated   
OANDA:WTICOUSD   West Texas Oil
View On WTI Oil (26 Feb 2021)

WTI is in the crazy onslaught recently and it is obviously in the proper UP trend.

But it may worth to wait to get in, even if you want to get on the long side. Patience pays.

I am expecting we may see a healthy pullback soon.

60.8 will be the first support while 58 will be the second.





DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!



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Comment:
Updated View On WTI Oil (3 Mar 2021)

Follow Our Analysis on the last 26 Feb? Nice sell-down we had.

As expected. it touched 60.8 support. Now it is "near" at the swing support level and it shall go sideway swing first.


So, I am Neutral or Slight Bearish now.
If the bear momentum kicks in again, the next swing support will be near 58.5 region.




DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!

Comment:
Updated View On WTI Oil (16 Mar 2021)

It hit our prev take profit region of $60~$64.
The major trend is still UP but $66, has become an immediate resistant.

It may swing to $64.1 region first.

DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!

Comment:
Updated View On WTI Oil (09 Mar 2021)

Oil pullback is back in the business and now it is trying to break the decent support of $60 region.

So, that $60 region is a strong support for now.

it may go into ranging but once that $60 is broken strongly, it shall travel back to $57 first then $54~$56region.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!


Comment:
Update on WTI Crude Oil (24 Mar 2021)

Follow our trade analysis on 8 Mar?
Congrats. Massive profit.

Now it has hit our TP region of $57.
It may go side way for now but overall it is down trend now.

As long as $62 region hold, it shall go lower. $54 shall be the next.


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