Category: USOIL

  • Chart Art: WTI Crude Oil (USOIL) Hanging Out at Area of Interest

    WTI is in correction mode as it tests the confluence of resistance levels on the 4-hour chart. Is the trend still our friend in this direction? Check out the inflection points I’m watching: West Texas Intermediate (USOIL) 4 hours Chart by TradingView Expectations of increased demand for crude oil in…

  • Chart Art: WTI Crude Oil (USOIL) Head and Shoulders Breakdown

    Did you miss the neckline breakdown on crude oil? Here are some retracement levels you can watch for if you are still bearish on the commodity. West Texas Intermediate (USOIL) Chart by TradingView Easing geopolitical conflict in the Middle East and a surprise increase in EIA crude oil inventories sent…