WTICOUSD *For Swing Traders: The last four candles on the Daily are all non-trending candles with small real bodies (that create the open and close prices) in relation to their length with wick(s) included. A series of non-trending candles is a sign of a pending reversal to the upside.
The bulls can rally from the S&R Zone and rise towards the high of the Inside Day at 68.860 for a breakout and potentially go higher towards the Swing High of 69.975.
WTICOUSD Trump's tell when he's fabricating facts: Clamps jaw, mouth closed, while tilting head to the left, looking forward. Jerks head slightly as the BS extrudes from his tiny mouth. See how many you can detect.
WTICOUSD The bullish thrust is waning on the Hourly timeframe. The candle still forming is having trouble with closing past the high of the previous candle. Even if it did, there's not a lot of energy for the bulls to keep rising towards the S&R Zone (that starts at 66.494).
๐จ Get ready to break into the "US Oil Spot/WTI" market with precision-crafted bearish strategy from the one and only โ Thief Trader Style!
๐๐ฃ THE HEIST IS ON: SHORT PLAN LOADED! ๐ฃ๐ Weโve analyzed the charts using Thief Technicals + Fundamental Lockpick Tools and spotted a high-risk GREEN zone โ a consolidation trap where greedy bulls usually get caught. This is where we strike.
๐ ENTRY: "Wait for the Neutral Moving Average to Break โ Then Make Your Move!" ๐ฏ Focus zone: 64.50 โ ๏ธ Wait for the breakout โ do NOT enter before it happens. โ Use sell stop orders above the MA line or place sell limit orders on the pullback after the breakout (target within the 15โ30 min candle near swing high/low).
๐ง Thief Tip: Layer in entries using the DCA (layered attack strategy) to catch price on its way down. Set a chart alert so you donโt miss the strike moment.
๐ STOP LOSS: "Set it smart or donโt set it at all โ you choose the fire you want to play with!" ๐ SL only gets placed AFTER breakout. ๐ฏ Recommended SL at 66.00 on the 4H swing level. โ ๏ธ DO NOT place any orders or SL before confirmation breakout. ๐ Your SL depends on your risk %, lot size, and number of entries stacked.
๐ฏ TARGET ZONE: 62.50 ๐ธ Lock profits before the bulls wake up. This level is based on market exhaustion zones and historical bounce areas.