Crude OIL $UKOIL Classic patternI've seen this pattern many times over the last 5 years on different instruments, and its working out to over 50%
The essence of this pattern is a classic triangle with horizontal support, most of the participants realize that we will break down, but not everyone believes that we will take liquidity off the top before going down.
An instrument like oil is quite trivial and it can fall without taking liquidity off the top.
But I want to share a few examples of my theory working out, where the upper resistance line is broken before the drop-down
Best regards EXCAVO
Crude Oil Brent
Crude OIL Follow the plan Oil is one of the main tools that pressure the global economy. This tool is manually controlled; I will not repeat who owns it.
For the last 10 years, I have seen this pattern very often when we see a triangle that breaks down, but before it collects liquidity from above and breaks the upper resistance
I talked about it in a previous post
The idea is still the same; the timings are stretched longer.
I intend to pick up a historical start this year, most likely at the end of the year.
That's my lazy plan.
The realization is more complicated because opening a position at the ideal entry point will be challenging. All shorts will be liquidated and stop out for a long time, so we will probably have to stand in the reversal formation phase for a long time.
I could go on and on about politics and how it's explained to you on TV. But I don't do that.
Best regards EXCAVO
WTI Crude Oil Futures: The Chokers of the Global EconomyLast Friday, January 10, 2025, the United States announced its most sweeping and aggressive sanctions against Russian oil trade, just ten days before Joe Biden leaves the White House and is replaced by Donald Trump.
In fact, it was more of a soap opera at first, as an unofficial document of unknown origin on the subject of sanctions had been circulating on the Web since the Fridays' morning before the official press release from the US Treasury appeared, causing the stock quotes of the companies affected by the sanctions to experience increased volatility in Friday trading on the local exchange.
Finally, about 160 oil tankers were sanctioned, and India, a key buyer of seaborne barrels, will not allow ships to call at its ports after the end of the curtailment period in March.
If these measures remain in place under Trump, they have a better chance of disrupting Russian oil exports than anything any Western power has done so far.
In addition to the tankers, sanctions were imposed on two major producers and exporters, traders arranging hundreds of shipments were listed, major insurers were named and two U.S. oil service providers were ordered to leave. A Chinese oil terminal operator was also included.
The measures could theoretically reduce what the International Energy Agency forecasts as a supply glut of nearly 1 million barrels a day this year.
Brent and WTI crude futures, which have generally traded lower for the past two and a half years, ended Friday at $80, data from ICE Futures Europe and CME Group's Nymex show.
Surgutneftegaz Sanctions RUS:SNGS and Gazpromneft RUS:SIBN are by far the most direct and aggressive move taken so far by Washington or any other Western power.
Together, the two companies shipped about 970,000 barrels of oil per day by sea in 2024, and their inclusion on the list will be a cause for concern for refineries in India as well as state-owned companies in China.
Putting their seaborne flows in context, that’s more than the global supply glut the International Energy Agency predicts for 2025. It’s also nearly 30% of Russia’s seaborne exports.
No one is suggesting that either company’s shipments will be completely shut down, but the fact that they are under sanctions, as well as other measures announced, means that supply chain disruptions and supply shortages cannot be ruled out.
Global markets, which were also hit by the December NFP report, reacted as expected.
The Nasdaq-100 immediately fell about 1%, the U.S. dollar index TVC:DXY rocketed to the moon while the yield on 10-year U.S. Treasury bonds TVC:TNX jumped nearly 10 basis points to 4.785%, its highest since October 2023.
Futures on the Dow Jones Industrial Average - a benchmark for the global economy - ended last week lower for a sixth straight week, while Bitcoin BITSTAMP:BTCUSD Bears are already dreaming to enter a Bear Market, approaching a 20% decline from the highs of around $108,000 reached in December 2024.
The technical main graph is dedicated specifically to WTI oil futures (the contract following the expiring one), and supported by the averages of the 5- and 10-year SMA.
It points to the reversal of the disinflationary time span seen in the previous two and a half years, from mid-2022.
// Don't say "hop" , before you throned 😏
$USOIL USOIL WT CRUDE OIL Descending TriangleTVC:USOIL USOIL WT CRUDE OIL price action has formed a Descending Triangle on the Weekly timeframe.
Current Price: 70.3
In previous years, #USOIL reached a high of 149 and retraced to a low of 66.4 (A retracement of over 50%)
A breakout of Descending triangle can lead to higher prices: 73.9, 84.4, 94.3
A break below 66.4 can lead to prices down to 42.7!
It remains to be seen...
UKOILSPOT "Brent Crude Oil" Energies Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the UKOILSPOT "Brent Crude Oil" Energies market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a bull trade at Pullback,
however I advise placing Multiple Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low & high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low level.
Goal 🎯: 78.437
80.000
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
USOIL Best Level to Short/Hold 10% swing trade setup🔸Hey guys, today let's review the 2 hour chart for US oil . Any upside is
limited by strong overhead resistances, currently trading near range highs
so overall risk/reward shifting in bears favor.
🔸Strong resistances will cap upside at 72.00 usd / 72.50 usd. right now
locked in tight trading range, however expecting final pump to trigger overhead stop losses before reversal and subsequent sell off event.
🔸Recommended strategy for BEARS: wait for the final pump before short selling from strong overhead resistances at 72.00 and 72.50 SL fixes at 74.00 usd, TP1 bears is 68 usd TP2 bears is 66 usd. swing trade setup, patience required. good luck!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
USOIL WEEKLY MARKET ANALYSIS📊 USOIL Weekly Update
Technical View:
Not much has changed on the charts. Price remains within the expected range, waiting for a catalyst to break out.
Fundamental Highlights:
Geopolitics: TVC:UKOIL Brent hit ~$71, WTI at ~$67, driven by instability following the ousting of Syria's President.
Saudi Aramco: January crude prices for Asia slashed to early 2021 lows due to weak Chinese demand.
OPEC+: Delayed output hikes to April 2025; cuts extended through 2026.
U.S. Supply: Increased oil & gas rig activity adds pressure on prices.
Natural Gas: Futures rebounded 5% to $3.147 after last week’s losses.
🔑 Key Levels ( FX:USOIL WTI):
Bullish: Close above 21-period SMA ($72.37) targets 50-period SMA ($73.98).
Bearish: Close below $72.00 may see a drop toward ~$70.63.
📌 Trading Strategy:
Keep alerts set for key levels; patience is key as we await clearer directional moves.
💬 Let’s discuss more in comment below!
Happy Trading,
The NFX Team™ 💚
(Earlier shared this post but got taken down due to some off-platform mention (violation) - still getting used to the TV rules :) , reposted for reference purpose.)
Spot Crude Oil Energies Market Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist Spot Crude Oil Energies Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4h timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
UKOIL/Brent Crude Oil Energies Market Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist UKOIL / Brent Crude Oil Energies Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Near the Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point entry should be in pullback.
Stop Loss 🛑: Recent Swing High using 1H timeframe
Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Brent/UK Oil Spot Market Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist Brent/UK Oil Spot Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Crude Oil - High TideCrude oil is a very complicated market at this time - difficult to see through the fog. Given the second Trump presidency in January of 2025, Russian sanctions on exports and an ever complicated situation in the Middle East, the market appears virtually untouchable.
So let's break it down. Given that Trump has been granted a second term as president as of the first week of November 24', this is the single most important variable - and I will elaborate why.
The lines of resistance and support on this chart were drawn nearly a year ago yet remain relevant why? Because crude oil to the world, is priced in US Dollars. Any nation seeking to trade their natural resources is looking towards NYMEX, not because it is ideal but because it is LIQUID. This theme is virtually omnipresent in commodities and should be made note of. Regardless of what market a given entity is using to buy and sell commodities - particularly energy - it is priced given the current price of the most LIQUID index. So a sale of Russian oil brokered between China and India will bear some respectiveness to the NYMEX price of light crude oil, regardless of what product is being exchanged.
So first, lets try and examine the logistics of UREX crude.
As we can see, export of Russian crude oil has declined since it's invasion of Ukraine in 2022. This would be expected, given that not only do EU sanctions against Russia specificy against its' ability to trade its' natural resource, but for international suppliers to qualify for insurance in transporting Russian product. This is an extremely difficult notion to quantify, and will only be approximated for the purposes of this essay. It is implicit given the energy security structure of the EU that Russian aggregate product (energy) will be supplied regardless of sanctions, however this agreement becomes more complicated and pricier for the EU when examined from a global perspective.
According to the media, Russia controls the marginal barrel of oil globally. This comes as a multi- decennial effort by the Putin administration to isolate Russian oil markets from influence by the US Dollar - a bold effort, for better or worse, has succeeded. Meaning that theoretically Nthrough OPEC, Russia can starve its competitors of profit by keeping the price of oil low enough that only they can produce profit at the margin, even in spite of EU sanctions.
An unflagged, or unregistered, fleet of commercial ships has emerged since 2022, which is extremely relevant to the proposed thesis. However given the opaque nature of this commercial fleet cannot be investigated, it will be assumed that they are enabling the commerciality of Russian crude oil globally, having secured a black market outside the realm of commercial shipping typically secured by the largest Navy globally, the USA.
The US Navy has ceased to protect commercial shipping in proximity to Yemen, as rebel groups such as the Houthi continue their aggression towards Western flagged commercial vessels. However, it is unclear of the influence of "black flagged", or unregistered and uninsured vessels carrying Russian crude, among other potentially illegal product through the region.
This is relevant, because as insurance rates have risen for global carriers, so too have the protests by major carriers against the sanctions placed against Russia. In a purely hypothetical landscape, carriers deemed illegitimate in the Western sphere of affairs have been able to transport product at a lower crude price, at a negotiable insurance rate previously commodified in the Western world. Commercial shipping insurers have at large protested against EU sanctions - unable to compete with the emergent black market.
Now we will assume that a Trump presidency will resume the regularity of oil exports and pricing as dictated by OPEC - however there remains several months of "negotiations". We can assume Trump parties have influence over these negotiations going into the January inauguration, yet a critical gap remains. As any nation would, the Russians and Saudis despite OPEC have an opportunity to control without impunity the marginal price of oil - the price at which US producers of crude oil will produce a profit. Historically it would be in the best interest of these nations to produce oil within the aforementioned margins.
However, given the global stance against fossil fuels, there is an opportunity for otherwise sanctioned nations to seize a great deal of power over their Western counterparts. Many refineries and wells in the US have been rendered dysfunctional under complex and opaque legal code instituted by the Biden administrations, and are unable to compete against their Russian counterparts altogether. In which case, before a "free-market" administration such as Trump in 2025 can stabilise crude markets globally, OPEC participants could force the price much higher. In spite of sanctions and a lack of negotiations, a elevated crude price would prove disastrous for developed nations such as Great Britain and Germany, who have no choice but to submit to Russian demands - or wait for US oversea exports, the logistics-intensive alternative.
In light of rapid and progressive political change, the crude oil market is an absolute hotbox. It is difficult to prove with data and charts what an opaque and mysterious market this is, but one can only assume OPEC has all the data a future Trump administrations has - which indicated unfettered Russian control over the price of crude oil as long as the war in Ukraine continues.
Whether peace can be negotiated remains a question for 2025. But for traders looking into commodities for 2025 - expect nothing less than chaos. The introduction of a black fleet complicated the role of OPEC immensely, who may seek over the next several years to integrate this emergent problem back into insurable shipping groups. Either way, EU sanctions have produced a long-term consequence to the market which should be on the radar of any savvy trader. Given the strength of the US Dollar and the consolidation trend in oil, any elevation in price will benefit Russians more than any other financial entity. It seems unlikely as of the time of writing the price will decline any further, as no party stands to gain below $70/barrel. An embargo as seen back in the 70s could push prices well over $100/ barrel, placing EU energy security in dire straits.
Crude oil battle trade:- Crude oil made it todays low and also it breaks previous day low @70.042$ and now it reversed from today low and previous day low above now trading . Crude oil have more potential for upside move for 71.200$ and 71.500$ for a day .
Stay tuned with me for more updates and follow me .
UKOIL / BRENT CRUDE OIL Market Money Heist Plan on Bullish SideHaaiii!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist UKOIL / BRENT CRUDE OIL Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point.
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
CRUDE OIL (WTI): When the Gap Will Be Filled?
I strongly believe that a huge Monday's gap will be filled.
The confirmation that I am looking for is a breakout of a resistance
line of a horizontal range on a 4H.
4H candle close above the yellow structure will indicate
the strength of the buyers and make the market finally start rising.
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WEEKLY FORECAST OCT 26th: SELL US & UK CRUDE OIL In this video, we will analyze the CRUDE OIL markets in the US and UK, looking through the lens of ICT Concepts.
Price has traded up into a bearish FVG, so therefore I am BEARISH. Price can turn neutral in this geopolitical environment, but maybe the inside bar will act as a harbinger of bearish things to come.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CRUDE OIL (WTI): Bearish Trend Continues
WTI Crude Oil may continue falling after a test of a key daily resistance.
A breakout of a support line of a bearish flag gives us a strong bearish confirmation.
With a high probability, the price will drop to 68.9 level.
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Can oil prices hit 100 usd/bbl in 2025?🔸Based on technicals it's entirely possible. Looking at the daily price
chart of Brent Oil we can spot a sequence of lower lows having said
that prices are also compressing in a falling wedge price structure which
could indicate a swift reversal off the lows near 65 USD/bbl.
🔸Potential price targets for Brent at 100/110 USD bbl if the tensions
escalate further in 2025, which is almost guaranteed at this stage.
🔸The possibility of an Israel-Iran conflict has escalated tensions in the Middle East, which is putting upward pressure on oil prices. Although Israel has not yet officially declared war on Iran, there is ongoing speculation about Israeli strikes on Iran's oil infrastructure in response to missile attacks and Iran's support for militant groups like Hamas and Hezbollah. Such actions could significantly disrupt the global oil market.
🔸If Israel were to target major Iranian oil facilities, such as Kharg Island, which handles the majority of Iran's oil exports, global oil prices could spike dramatically. Analysts suggest prices could exceed $100 per barrel and might even reach as high as $200 if the conflict spreads to other regional oil producers or if key shipping routes like the Strait of Hormuz are disrupted. This scenario would impact not only fuel prices but also inflation globally, reviving economic fears similar to those seen during the 1970s oil crisis
🔸At the moment, oil prices have already seen increases due to the broader conflict, but the market has remained relatively stable thanks to diversified supplies from the U.S. and other non-Middle Eastern producers
🔸However, if the situation deteriorates further, particularly with attacks on critical energy infrastructure, more significant price hikes are likely.
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UKOIL "BRENT" Market Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist UKOIL "BRENT" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂