We can't control the market, we just tries follow the market and we are not perfect, risk management is important.
Oil price gap today is very wide ever seen, oil price jumped above 80 from 74, head commodities Goldman Sach Jeff Currie says We would argue you are buying the dip at this point. However the price already near resistance zone, is pullback or rise higher?

Oil price rise again on yesterday market, the price eventually formed high 74.76, although OPEC+ To likely stick to its current production cut plan. Oil prices in this week being crashed, however fears bank eased could lead oil price more confidence.

Analyst says the banking crisis that started with the failure of Silicon Valley Bank (SVB) is putting major U.S. LNG projects at risk.
Meanwhile oil price retrace to low 72.85 after hitting high 74.38, oil consolidated near middle band line as indecision market.

Oil prices continue to rise amid news US production is now 800,000 bpd lower than the peak production seen in March 2020, but 700,000 bpd higher than this time last year. Analyst said bank fears eased good for oil prices.

Analyst could be make wrong analysis, yesterday fears bank could lead sell of oil price. But today analyst says bank fears eased because First Citizens that it would acquire deposits and loans from failed Silicon Valley Bank (SVB) to stabilize markets. Yesterday oil price rise roughly 5% from low 69.13 to high 73.09. Here important of risk management.

Monday market there is small gap occurs on oil prices, according analyst Banking fears led to a major sell off in crude oil futures. Investors move to precious metal like gold and Silver.

Oil price now consolidated near lower band line, after the price dropped from high 71.66, oil price still hard to break MA line.
EU still continue to ban Russian oil, recently EU ban Russian fuel leads to diesel glut in Asia.

The FED eventually hike small interest rate 25 basis point, after announced oil price rise 2% and now eventually reach 70 level prices. After hit the high 71.28 oil price pullback to near 70, first resistance still near MA line at roughly 72.

Measures to stabilise the banking sector, including a UBS takeover of Credit Suisse and pledges from major central banks to boost liquidity, have calmed fears about the financial system that roiled markets last week, oil rise tries to cross 70 level of price.

From low 64.35 now Oil price rebound at 69.41.

Goldman Sachs no longer sees oil price$100 in 2023, tight supply narrative for 2023 is giving way to fears of a global economic slowdown.
Oil price now consolidated near lower band line, yesterday low 64.35, while now price pullback to 67 level of prices, 70 could be first resistance.

Gold shine but oil price dropped amid Silicon Valley bank Collapse.
Oil price still hard to back the price 72.

Oil price on the yesterday market still moved near lower band line. Although the price tries to push lower band line.
It still not enough power to bring the price cross 70.Seems SVB collapse really impacting to oil price

Oil price continue decline, the price dropped to lowest price of 65.76.
SVB collapse seems spreading to oil demands.

Oil price depreciated to lower level and break lower band yesterday. SVB collapse probably influence on oil price.
Oil price currently traded on 71.83 out of bands line, the price could to pullback.

Oil price plunged to low 72.37 on yesterday market, break lower band and formed long bearish candle.
There is rumor Silicon Valley bank collapse fears contagion spread to oil price. index Dow also plunged 243 point.

Oil price aventually crossing up middle band line once again, in the long term seems oil in sideways. Upper and lower band flat in the daily timeframe. XTISUD current price is 77.19 near upper band line in hourly

Oil price continue to fell below middle band line.
Rumors the Fed will hiked interest rate make fears investors, oil price expected to continue reached next support.

Eventually oil price drops to low 77 after hit above 80.
Noow oil price consolidated near middle line still indecision, it possible oil drop because high supply and still hope demands from China

Forex market is unique, despite disappointing growth plans coming out of China, oil price broken barrier 80 level price.
Now oil price near upper band zone level which could be resistanze zone.

UAE has internal debate about to leaving OPEC but oil price soared in the last week.
Now the oil price move near upper band line, it is possible to retrace before break the line.

Oil price continue to uptrend and formed high 78.62, oil prices trades on low trading range in the H1.
Today news Turkish import Russian oil hit four month high in February amid embargo Europe to Russian oil.

Oil price still traded near previous trading range, the prices move near 76-78 lvel prices.
Analyst Goldman Sachs says oil price could spike in the 12-18 month ahead with target price reach $100.

According news OPEC’s oil production rose by 150,000 bpd in February.
Oil price Tuesday market formed high 77.84 then retrace to 76.80 looking new low.

Mexico's giant company reported staggering losses in Q4, three refinery fires in two week two death and more injured, in the report the company $9.4 billion in losses.
'Oil price now traded on 75.72 based on XTIUSD chart FXOpen in Tradingview. Oil price fall from high 76.82 fail to crosses MA line.

Oil price move near upper band line zone, in the last week the prices formed low 74.16 and rebound to high 76.64.
There are news EU sanctions on Russia create opportunity for emerging producers. Brazil and Guyana have become notable suppliers to Europe. Other producers in Africa and Latin America could enter new markets in 2023.

Oil price rising back near middle band line. The Bands seems narrowed measure low volatility.

Bad news citing to Oilprice, Rising Energy Prices Are Pushing Millions More People Into Poverty. Recent study found that between 78 million and 141 million people around the world could be pushed into extreme poverty by rising energy prices.
Estimates suggest high energy prices have led to an increase in overall household expenditure of between 2.7% and 4.8%.

Oil price eventually continue to decline on yesterday market, now oil price near lower band, where traders focused on the level.
News, Russia sending more Artic crude to India and China, although the west drop oil price cap, Russia still struggle to fight.

Aramco slipped to the third largest company in the world below Appe and Microsoft.
Oil prices fell to low 75.91 yesterday, the prices move on trading range below middle band

Indicator is only help trading tool, no perfect indicator predict the price ahead.
Oil price now showing ascending moving average, which means uptrend based H1 timeframe.

There are common thing in the world, although the same profession, however the result could be different.
Oil price drop on last week after break MA line, the price retrace to level 76.46 from low 75.32.

hegelian:


looked liked you trade oil only.. well i trade 3 pairs only and oil takes 66% of that.. can we become chat and trade buddies..lets share ideas
if i can have ur mail or digit

Nope, not only trade on oil, included gold, however I always follow the oil prices and the news so often.

Oil price sideways, MA line flat, bands line flat in the daily timeframe.
Now oil price move near lower band in hourly tries to breakout.