WTI USOIL weekly review outlook analysis to premarket

5. Dez. 2022

Closing last month as a bearish month and bullish week. The long term objective remain 6172.5 Aug 2021 Low.

Closing last week as a bullish week and closing inside the weekly bearish FVG. I will love to see price use that to push price lowwer but Bias can just be base on one Time frame alone that's why we need Top Down analysis. Monday closing as indecisive day after taking out old weekly low purge and revert method making price to come up into the old highs with the Daily FVG making Thursday the height of the day.



There is a lot of internal dialogue I'm having with myself looking at this chart and it is all making sense bc of the experience I have hsd in this same type of price delivery. I am Bearish and I am also having it at the back of my mind I am bullish… why ??? I can see the IOF on 1hr is bearish for now but I won't be surprised to. See price turn upward after taking out the sellside Liquidity and we do have most of the High/Low impact NEWS 📰 towards the end of the week (I feel like most of the volatility might be towards the end of the week).
Stick around as we learn more together… and I show you more about my trading here… thank you for coming this far with me it means a lot .