Heating Oil (HO1) Up $0 On 4 Hour Chart, in an Uptrend Over Past 90 Days; Doji and Pin Bar Patterns Appearing on Chart

Heating Oil 4 Hour Price Update

Updated June 08, 2021 01:53 AM GMT (09:53 PM EST)

Heating Oil came into the current 4 hour candle up 0.2% ($0) from the open of the previous 4 hours, marking the 2nd consecutive candle it has gone up. Heating Oil outperformed all 6 assets in the energy commodity asset class since the previous 4 hours. Congrats to its holders!

Heating Oil Daily Price Recap

The back and forth price flow continues for Heating Oil, which started today off at 2.1156 US dollars, down 0.2% ($0) from yesterday. Out of the 6 instruments in the energy commodity asset class, Heating Oil ended up ranking 2nd for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of Heating Oil.

HO1

Heating Oil Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Heating Oil’s price has gone up 8 them. Also, candlestick traders! Note we see doji and pin bar patterns appearing here as well.