WTI, back at major order block support -- BOUNCE expected

2023年6月14日

WTI is currently sitting at below 0.5 FIB level on a weekly data -- a key area where most buyers converge.

$65-70 area has been quite a solid order block support. It has been tested many times and oil keeps bouncing up from this range.

A bounce is expected from current price range. Accumulation has notably started increasing at the present levels.

Spotted at 69.0

TAYOR.
Safeguard capital always.


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RELATED NEWS: Reuters

Oil prices settle more than 3% higher after China rate cut
By Stephanie Kelly

NEW YORK, June 13 (Reuters) - Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China's central bank lowered a short-term lending rate for the first time in 10 months, boosting crude prices after steep losses the previous session.

The rate cut is aimed at adding momentum to a hesitant post-pandemic recovery in the world's second-largest economy and biggest crude importer.

Brent crude futures settled up $2.45, or 3.4%, to $74.29 a barrel. U.S. West Texas Intermediate (WTI) crude gained $2.30, or 3.4%, at $69.42 a barrel.

2023年6月14日

交易开始

Initial target will be 80 level.

2023年6月16日

交易开始

Accumulation still ON. Intended direction is certain: UP.

2023年6月16日

交易开始

70 level is firming up as the new base level for ascend.

2023年6月20日

交易开始

MACRO VIEW: WEEKLY DATA update -- RIPE for GOOD ASCEND.

2023年6月21日

交易开始

Ascend confidence, getting higher.

2023年6月23日

交易开始

MICRO VIEW: 4H Update : Support is Persistent. Price keeps bouncing off it.

2023年6月30日

交易开始

MACRO DATA: DAILY - It seems like shorters are struggling, and bulls are taking over... this should get ripe soon. Upside is becoming clearer.

2023年7月2日

交易开始

MACRO VIEW: WEEKLY data update on the first monday of July.

WEEKLY data recorded its first histogram shift since April 2023.
Intended direction goal is firm.

2023年7月5日

交易开始

MACRO VIEW: WEEKLY UPDATE - WTI moving as planned -- more UPSIDE in order.

A massive breakout is on queue.

2023年7月17日

交易开始

MACRO VIEW: MONTHLY DATA.

OIL intended direction is still firm, nothings changed.

2023年7月18日

交易开始

4h data update: upside continuation attempt.

2023年7月28日

交易开始

weekend update:

OIL is back at 80 levels -- long term trend shift is firm on its intended goal.

a 100 target will be not be far fetched. The possibility is getting higher.

2023年8月10日

交易开始

TRI MONTHLY DATA Update:

The prospect of a pricey oil by next year is actually scary.

2023年8月10日

交易开始

1h micro data update:

OIL is doing another muted correction as it always does -- it has repeated this action many times now on its ascend journey, and it will likely do the same until it reach its long term target.

2023年8月14日

交易开始

4H DATA update:

Fresh Higher Lows / New Base anew. Ascend continuation.

2023年8月15日

交易开始

1H DATA UPDATE:

WTI has found it's new intraday base at 81-82 levels.

Will aim to revisit its previous peak at 84.

2023年8月27日

交易开始

4H BREAK.

2023年8月29日

交易开始

OIL broke the 80 range due to low US inventories.

Consistent daily higher lows has been registered -- 'may' target new price rise anew.



TAYOR.

2023年8月31日

交易开始

DAILY DATA UPDATE:

OIL managed to regain it's strength -- fulfilling its planned route.

2023年8月31日

交易开始

Targets are by 10s, 90, 100, 110, 120.

2023年9月22日

交易开始

OIL is really keen on that mission to rise to 3 digit.

2023年9月27日

交易开始

The usual DAILY SHIFT before another resistance break.

When daily price shifts -- it is almost always bound to break previous resistance.



TAYOR.
Safeguard funds always.

2023年9月30日

交易开始

WTI has trim down gains -- which I think is necessary before another run up. A touch of the 86 level should be healthy for a new base for ascend.

The probability of a break of previous resistance is still high -- after a much needed correction.

TAYOR.

2023年10月5日

交易开始

A healthy correction has materialized way more than we expected.

This is good for prospective entry to LONG.

I'll update again soon for a possible entry.

TAYOR.

2023年10月5日

交易开始

Initial tranche buy for the present range already looks good.

Any ascend from here should warrant position augmentation.

Spotted at 83.5



TAYOR.

2023年10月6日

交易开始

OIL bargained itself further and touched 81.0 levels, this is looking attractive for an entry.

The recent daily metrics is suggesting a price 'bend' already.

Spotted at 81.0

TAYOR.

2023年10月9日

交易开始

2023年10月10日

交易开始

After surge update:

Oil corrected conservatively on the higher channel, and now consolidating at limited range conveying a possible attempt to rise further.

TAYOR.
Safeguard funds always.

2023年10月10日

交易开始

OIL still ranging narrowly inside the darvas box. This horizontal movement is conveying a firm intention to go further.

2023年10月12日

交易开始

A wide look at the daily metrics.

OIL is creating a double bottom scenario -- even daily higher lows once the 'v' bending formation completes.

Patience is key on this one.

TAYOR.

2023年10月12日

交易开始

1H update: A retest is now in order.

Ascend journey RESET.

Spotted at 81.5

TAYOR.

2023年10月12日

交易开始

4H update:

It is currently creating a "W LAST LEG" formation -- this is usually a pre-surge hint with high probability.

2023年10月14日

交易开始

Weekend update:

OIL managed to bounce off a major support after correcting healthily into the 82 range.

For next week, an upside continuation will still be in play with possible retest of previous peak at 90 levels.

Congrats to those who got to ride this on a quick discount price.

TAYOR.
Happy weekend everyone.

2023年10月16日

交易开始

4H update:

Healthy trim downs for sustainability.
Upside continuation after the correction.

2023年10月17日

交易开始

1h data update:

OIL did a healthy consolidation and touched the anticipated points.

It is now getting ready to get out of the conso zone -- and retest previous peak with possible break.

Spotted at 85.0

TAYOR.

2023年10月18日

交易开始

A breakout.

All moving according to plan.

2023年10月19日

交易开始

OIL is filling in the imbalance after the recent surge. It's close to order block levels and an upside continuation will be in order thereafter.

Spotted at 86.5

TAYOR.

2023年10月20日

交易开始

anticipated movement/direction fulfilled.

So far so good for OIL. Targets remain in tact: 3 digit valuation.

TAYOR.

2023年10月23日

交易开始

Healthy trim downs by OIL -- another 'seed' opportunity in play.

I'll update soon if that signal surfaces. :)

2023年10月23日

交易开始

1h Data:

New buy seed opportunity UP!

Spotted at 86.70

TAYOR.

2023年10月23日

交易开始

confirmation UP!

chart update.

2023年10月26日

交易开始

Daily update:

Back to daily support base. A bounce from here maybe expected.

TAYOR.

2023年10月30日

交易开始

Daily data update:

Daily shift spotted -- new higher low base anew.

Expect some rise from here.

Spotted at 84.00

2023年10月31日

交易开始

I admit my inaccuracy on this one, my err. It went below the psychological line at 83.0 and went to further correct. The daily shift has more weight this time.

2023年11月2日

交易开始

Daily data update: Waiting for a confirmation signal on the daily for OIL.

2023年11月2日

交易开始

Daily data update:

We finally got confirmation on the daily. A gold bar has surfaced after sometime. Net buy signal has re-surfaced after 2 weeks of waiting. We may have a new base now -- an ascend is expected.

2023年11月12日

交易开始

Trying a new custom approach / visual chart.

I'm waiting for a "V" shape bending red line for confirmation on the daily.

It's currently in progress... I'll post once we get that.

tvc-invdn-com.investing.com/data/tvc_60c6b77d0b0a2021ee9e641a4371dd58.png

TAYOR.

2023年11月12日

交易开始

Accumulation has started again based on daily metrics after waiting for sometime.

2023年11月13日

交易开始

Daily data update:

We got the much awaited confirmation, daily shift bar.
Net buying continues to grow -- and a carry over to 2nd day is likely.

2023年11月14日

交易开始

Day2 white bar. More rise is expected.

2023年11月16日

交易开始

3H data update.

Higher lows, new attempt.

2023年11月18日

交易开始

OIL re-attempting again at the same base 76.0

Confirmation is at 78.0

2023年11月20日

交易开始

Daily data update:

OIL buyers have re-initiated accumulation.

2023年11月20日

交易开始

net buying is increasing -- with fundamental news: OPEC planned cuts in production.

2023年11月21日

交易开始

daily data update:

Price + volume has increased significantly.

2023年11月22日

交易开始

Weekly data upate:

OIL registered its first weekly positive candle after 6 weeks of waiting.

2023年11月24日

交易开始

4H data update:

OIL is attempting on 4H. A possible setup is in order.

2023年11月30日

交易开始

Daily data update:

OIL finally moved into the 'upper' channel range.
An attempt to touch resistance with possible break is in order.

2023年12月1日

交易开始

Weekly data update:

Accumulation has started based on weekly metrics.

Expect an ascending weekly gains soon.

2023年12月6日

交易开始

Upside reversal meter is increasing at the current range.

2023年12月7日

交易开始

1H data upate:

WTI registered its first horizontal baseline bend after 10 days -- hinting of an attempt to reverse trend.

2023年12月8日

交易开始

4h update:

On 4H, things are looking much rosier. A confirmation is up. The latest candle supercedes the green bar series conveying momentum buildup (long).

Price growth from here is expected.

2023年12月18日

交易开始

OIL recent price movements is conveying an optimism on future OIL valuation. We are almost at the "heat" zone territory. A break would mean new rise / price reversal. Three straight days of net volume increase has been registered.

72.0

TAYOR.

2023年12月19日

交易开始

Weekly data update:

BUY ALERT. More price growth ahead.

Long term price shift / Reversal in order.

2023年12月22日

交易开始

moving as planned from our 72.0 spot.

2023年12月26日

交易开始

Breakout.

2023年12月27日

交易开始

2023年12月27日

交易开始

2nd net positive weekly candle spotted.

OIL is en route to significant price recovery.

2024年1月1日

交易开始

2024年1月1日

交易开始

New attempt to the upside maybe forthcoming on the opening trading week of 2024.

2024年1月3日

交易开始

OIL doing its usual pre-rise waves before a big surge.

DAILY DATA METRICS:

2024年1月10日

交易开始

So far so good.

At this point now, doubt has no place.

2024年1月19日

交易开始

RARE BEAUTY.

BUY. HOLD. ENJOY THE VIEW to the top.

2024年1月24日

交易开始

Weekly data is conveying: DON'T DOUBT.

TAYOR.

2024年1月27日

交易开始

2024年1月29日

交易开始

OIL is prepping to touch these price points based on its recent price movements: 90 , 120

2024年3月6日

交易开始

4h data update:

Upside continuation in order.

2024年3月7日

交易开始

2024年4月2日

交易开始

Moving based on expectation.

2024年4月26日

交易开始

This is poised to breakout soon -- and may targets it's previous peak at 92.0 range.

TAYOR.

2024年5月9日

交易开始

Daily data update:

Price shift has been spotted.
Higher lows.
Fresh ascend attempt is in order.

2024年5月10日

交易开始

OIL is bouncing perfectly on its ascending support line.
Here is the possible scenario.

TAYOR.

2024年5月13日

交易开始

4h double bottom has been registered today.
First good sign for reversal to the upside.

TAYOR.

2024年5月16日

交易开始

STRONG BUY.

2024年5月18日

交易开始

So far so good. Interim target set at 87.0

2024年5月26日

交易开始

Analysing last week's candle close, we maybe looking at a new rise soon.
This will target 85.0 levels, based on our long term histogram metrics.

'Early' Bear shift signal has been registered. A pre surge move.

TAYOR.

2024年5月27日

交易开始

This is moving based on expectation.

2024年5月28日

交易开始

REITERATION: STRONG BUY.

78.50

2024年5月28日

交易开始

There ya go. Almost at 80 now.

Further rise is expected.

HOLD.

2024年5月29日

交易开始

1h data update:

Upside continuation in order.

2024年6月6日

交易开始

LONG TERM HISTOGRAM UPDATE:

We got the "BEAR DETACHMENT" Signal, a pre-surge alert!

Expect significant price growth ahead in the next few weeks from the current range of 74.0

TAYOR.

2024年6月7日

交易开始

So far so good.

2024年6月10日

交易开始

Moving based on expectation
Further price growth is expected.

2024年6月13日

交易开始

Daily data update:

OIL respecting its stair-up key levels -- ascending based on expectation.
Next target set at 81-82 levels.

2024年6月16日

交易开始

Weekly data update:

OIL is poised for more significant price growth in the next couple of weeks as it inch towards the heatzone area -- the breakout zone. We are now below it, an attempt to touch this area is very high at this point and eventually poke a breakout soon.

TAYOR.

2024年6月20日

交易开始

So far so good, we got good gains from our spot a few days back.

Now oil is resetting up again for another round to the upside based on 1h data.

2024年6月28日

交易开始

Beautiful rise. More to go.

Going as planned based our spot last June 19.0

Keep it burning.

TAYOR.

2024年7月2日

交易开始

Moving perfectly now as expected.

2024年8月9日

交易开始

Daily data update:

Massive shift has been spotted on the daily.
Oil is now eyeing a re-tap of 85 area from the current price of 77.0

TAYOR.

2024年8月12日

交易开始

Bouncing on a strong 6-month support. Good rise is expected from here on.

2024年8月13日

交易开始

Inching closer to re-tapping 80 levels -- which we have expected to happen.

More series of ascend awaits OIL.

TAYOR.

2024年9月20日

交易开始

Long term data metrics update:

REITERATION: VERY STRONG BUY!

We are finally shifting, and strongly at that.
Long term Upside reversal has now transpired.
Get ready for some weighty price ascend from the current price zone.

Spotted at 72.0
Interim target at 80.0
Long term 90.0

TAYOR.

2024年9月24日

交易开始

OIL will keep burning it up.

Spotted at 72.0

2024年10月14日

交易开始

Daily data update:

STRONG BUY HOLD.

Oil is ripe for another ascend targeting 80 levels on an incoming run-up..

Spotted at 74.5

TAYOR.

2024年10月24日

交易开始

We are 76 bound from the current range of 72.0

Next interim target thereafter is at 80 zone.

TAYOR.

2024年10月30日

交易开始

2024年11月5日

交易开始

So far so good. We've risen nicely from our last spot from 69.0 levels.

I expect more price growth from the current range -- targeting 84.0 range as midterm target.

Spotted at 71.50

TAYOR.

2024年12月30日

注释

HOLD you LONGS.,

RISE will be weighty in the next few days -- as OIL finally breaks after waiting eons.

1月13日

注释

Congrats holders we're up by a massive 10 points.

More higher prices ahead for OIL.