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Crude Oil WTI

USOIL: Next Week's Blueprint for Profit Amid VolatilityDuring the US trading session on Friday, March 28th, international oil prices fluctuated slightly and declined. However, both Brent crude oil and WTI crude oil remained firmly near their one - month highs and were projected to register "three consecutive weekly gains" on the weekly chart. The ongoing tug - of - war between the supply tightness instigated by geopolitical unrest and the latent concerns regarding an economic downturn has placed oil prices in a volatile state of being "caught between a rock and a hard place". From the perspective of the USOIL daily chart, following the medium - term trend's breach of the lower edge of the range, it has predominantly fluctuated around lower levels. The oil price has experienced consecutive short - term increases, breaking through the suppression of the moving average system, and the medium - term objective trend has entered a transition phase. Nevertheless, in terms of kinetic energy, neither the bulls nor the bears have demonstrated a clear - cut inclination to overpower the other. It is anticipated that the medium - term trend will persist in its volatile rhythm for a while, awaiting the establishment of a distinct trend direction. The short - term (1H) trend of USOIL has not continuously set new highs and has exhibited a pattern of high - level consolidation. The short - term objective trend remains upward. In the early trading session, the oil price underwent a narrow adjustment at a high level, presenting an overall secondary rhythm with a sound internal rhythm. The fundamental objective trend during the week has been upward in sync, and it is highly likely that the short - term trend of USOIL will continue its upward trajectory next week. USOIL buy@68-68.5 tp:69.5-70 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
TVC:USOILLong
by JohnGonzalez7
USOIL: GO short positions during the oscillation at a high levelThe short-term trend of crude oil has been oscillating and declining at a high level. The oil price has broken below the moving average system, and the objective short-term trend has entered a transition period. The bearish momentum is gradually intensifying, and the oil price dropped below 70 in the early trading session. In the 4-hour chart, the objective short-term trend direction within this week still remains upward. The trading strategy for crude oil still mainly focuses on the oscillation and decline at a high level. Trading Strategy: Sell@69.8-70 TP:69-68.5 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by UnknownUnicorn91242686
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed sharply lower, forming a long bearish candlestick, as recession fears intensified. The index fell toward the lower Bollinger Band on the daily chart, while the MACD moved closer to the signal line, indicating a correction. On the weekly chart, the Nasdaq faced resistance slightly above the 5-week MA, forming an upper wick and closing lower. The MACD is falling steeply, and the signal line is also in a downtrend, suggesting the potential for an overshooting move downward before forming a bottom. From a daily perspective, key support zones to watch are around 19,000 (first level) and 18,500 (second level). The MACD has not yet crossed below the signal line, but if a bearish crossover (death cross) occurs, a strong third wave of selling pressure could emerge. Therefore, caution is advised for long positions. However, since the MACD has not yet confirmed a bearish crossover, there is also the possibility of a rebound off the signal line. It is crucial to wait for a confirmed trend reversal before taking long positions. On the 240-minute chart, strong sell signals have emerged, leading to a steep decline. The current price action resembles the movement seen on February 21, but since the bottom is not yet clear, it is best to adopt a conservative approach. For short positions, the 3-day moving average can be used as a reference level. For long positions, the lower Bollinger Band may provide a short-term buying opportunity. As today marks the last trading day of the month, watch closely to see if the Nasdaq reaches the 20-month MA or ends the month with a lower wick. Crude Oil Oil closed lower, facing resistance at $70. It has fallen back below the 5-day MA, trapping the price within a range-bound structure. On the weekly chart, oil was rejected at the 10-week MA, and since the MACD has not yet formed a bullish crossover, there is a chance that oil could retest its previous double-bottom level. A consolidation phase between the 5-week and 10-week MAs appears likely. On the daily chart, as the price corrected, the MACD began converging with the signal line. If oil retraces to around $68, a short-term buying opportunity may arise. For oil to resume its uptrend, it needs to pull back toward $68, rebound, and break above $70 with strong momentum. However, this move would likely require a global catalyst. On the 240-minute chart, both the MACD and signal line remain above the zero line, suggesting a higher probability of a rebound and a golden cross formation. Overall, the best approach is to focus on dip-buying opportunities during this phase. Gold Gold closed higher, breaking to a new all-time high on the daily chart. Last week, there was a possibility of a pullback toward the 5-week MA, but the MACD has turned upward, surpassing its previous high, reducing the likelihood of a bearish divergence and increasing the probability of further upside. However, since gold has not yet tested the 5-week MA, a short-term correction remains a possibility. On the daily chart, buying opportunities were available at the 3-day MA following a strong bullish candle. A pullback to the 5-day MA within the next few days remains possible, and if this happens, it could present another dip-buying opportunity. Based on wave analysis, gold could target around 3,216. To confirm this upside scenario, the daily chart must show stronger bullish momentum, eliminating the risk of MACD divergence. On the 240-minute chart, gold has been experiencing strong upward momentum, making it a buy-on-dips market. However, for a more comfortable long position, the MACD needs to exceed its previous peak. Overall, a long-only strategy remains preferable. For short positions, it is difficult to pinpoint the exact peak, so strict stop-loss management is essential. This week, key economic events include the ISM Manufacturing & Services PMIs and Friday's U.S. jobs report, which could increase gold's volatility. Stay cautious. Today marks the final trading session of March. Tariff-related news and gold’s record highs indicate rising market volatility. Stay adaptive to the market’s movements and trade safely as we close the monthly candle. Wishing you a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!Short
by Futureguard
10
USOIL:Continue to sell at highs tomorrowAfter breaking below the lower edge of the range, the medium-term trend of crude oil has been continuously moving in a secondary oscillation around low levels. In terms of momentum, neither the bullish nor bearish momentum has significantly overwhelmed the other, and there has been no continuation of the bullish trend. Regarding the support level, we should first consider the 68.5 mark, which was an important resistance level that the oil price previously broke through. For tomorrow's trading operations, it is advisable to mainly consider selling at highs. USOIL Trading Strategy: Sell@70-70.5 TP:69-68.5 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by UnknownUnicorn91242686
Crude Oil (WTI) Bullish Breakout – Eyes on $78.47!🚀 Crude Oil (WTI) Bullish Breakout – Eyes on $78.47! 🚀 📊 Trade Setup: Entry Price: $73.12 Take Profit 1: $73.99 Take Profit 2: $76.20 Take Profit 3: $78.47 Stop Loss: $71.21 (below key support zone) 📈 Analysis: After months of trading in a range, WTI Crude Oil has broken above the upper boundary of the channel , signaling a bullish breakout. This breakout is supported by: 1️⃣ China's Economic Optimism: Growth pledges and potential stimulus are boosting demand expectations. 2️⃣ Technical Momentum: Key resistance at $71.50 and $74 has been breached, opening the path toward higher targets. 3️⃣ Tight Weekly Chart Range: A big move was anticipated, and the bulls delivered! 🎯 Targets: With momentum on our side, we’re targeting: $73.99: Quick resistance retest. $76.20: Alignment with prior highs. $78.47: Major resistance and breakout zone. 🔹 Risk Management: Stop loss at $71.21, well below the key support zone, ensures controlled risk in case of reversal. ⚡ Are you riding the breakout, or watching from the sidelines? Let me know your thoughts below! ⚡
NYMEX:CL1!Long
by FinanceProSignals
USOIL：Analysis of the Oil Market Trend for Next WeekAmid the anticipated trade uncertainties, concerns on the supply side have resurfaced. With the April 2nd tariff effective date approaching, the market is taking a cautious stance in the short - term. Supported by the decline in oil inventories and the prevailing concerns, oil prices have rebounded and are nearing the resistance range. In the medium - term, the market is constrained by the expected slowdown in global demand, and the focus is on waiting for the resistance test. Strategy recommendations: Given the range - bound trading, consider short - selling at high levels and buying at low levels. Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOIL
by UnknownUnicorn91242686
USOil:Profit realized by shorting on reboundsOn Thursday, crude oil dipped and then rallied towards the end of the trading session, reaching a low of around 69.1. Today, it rebounded to around 69.8 and then started to decline. The short-selling strategy implemented in the morning resulted in a profit. Next, attention should be paid to whether the upper resistance level of 70 can be broken through. If it cannot be broken through in a short period of time, consider shorting again during the subsequent rebound. USOIL Trading Strategy: Sell@69.7-70 TP:68.5-68 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by UnknownUnicorn91242686
USOil:When it rebounds to the resistance, continue go shortIn terms of crude oil, in the short term, with the decline in US crude oil inventories, the escalation of US sanctions against Iran and Venezuela, and the resumption of hostilities between Russia and Ukraine, efforts at reconciliation have been ineffective. Therefore, the short-term market has hyped up the reduction in crude oil supply, causing crude oil to fluctuate repeatedly at high levels without being able to decline. However, as tariffs are upgraded and concerns about the global economic downturn intensify, the demand for crude oil has further decreased. At the same time, in order to control inflation, the control of crude oil prices remains a top priority. Therefore, the medium- to long-term downward trend remains unchanged. Currently, from a technical perspective, when crude oil rebounds to the resistance level, it is advisable to continue taking short positions as before. USOIL Trading Strategy: Sell@69.7-70 TP:68.5-68 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by UnknownUnicorn91242686
WTI Oil H4 | Bullish uptrend to extend further?WTI oil (USOIL) could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 68.65 which is an overlap support. Stop loss is at 67.53 which is a level that lies underneath a swing-low support and the 50.0% Fibonacci retracement level. Take profit is at 71.06 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILLong
by FXCM
Continue to be bearish.Supply : The United States has intensified its energy sanctions against Iran. Attacks on Saudi facilities have affected their performance. The OPEC+ will gradually lift the voluntary production cuts starting from April and may increase production for the second time in May. The 30-day ceasefire agreement between Russia and Ukraine has not been effectively implemented in substance. However, recently, the United States, Russia, and Ukraine have reached some consensus on Black Sea navigation and the protection of energy facilities. From a technical perspective, when the price repeatedly encounters resistance below an important resistance level and fails to achieve an effective breakthrough, it is often a bearish signal. This implies that the selling force in the market is dominant. Once the price starts to retrace due to its inability to break through the resistance, it may initiate a downward trend. Therefore, based on the strong resistance level at 70.000, there is a certain basis in technical analysis for a bearish outlook. 💎💎💎 USOIL 💎💎💎 🎁 Sell@70.000 - 70.200 🎁 TP 68.5 68.0 67.5 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
TVC:USOILShort
by BenGray9
USOIL:Pay attention to the short-term adjustmentCurrently, in the 4-hour time frame, the crude oil price is temporarily maintaining a high-level oscillatory consolidation. However, after consecutive periods of oscillation, there are signs that the technical pattern is gradually weakening. The short-term moving averages are beginning to gradually turn downward and diverge, and the K-line is starting to be under pressure from the short-term moving averages, maintaining a slightly weaker operating trend. It is believed that there may still be a certain room for adjustment in the short-term trend. In terms of trading operations, consider the short position opportunity around 69.7-70. USOIL Trading Strategy: Sell@69.7-70 TP:68 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by UnknownUnicorn91242686
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower, facing resistance at the 240-day moving average on the daily chart. With a significant gap between the price and the 5-day moving average, a pullback toward the 5-day MA was anticipated. The index did find support at the 5-day MA, closing with a lower wick. The key question now is whether the current correction wave will fill the gap created on Monday, as it faced resistance at the 240-day line. If you’re looking to buy on dips, it’s best to focus on the gap area as a potential support zone. The MACD remains in a golden cross, and with a noticeable spread from the signal line, the market is likely to stay range-bound unless a bearish crossover occurs. On the 240-minute chart, a bearish crossover (death cross) has formed, suggesting the potential for further downside. However, the price is approaching a strong support zone where buying interest previously emerged. Thus, buying on dips in lower zones may be favorable. In the short term, both the MACD and the signal line remain above the zero line, indicating a possible short-term rebound. Be cautious with chasing short positions and monitor lower time frames. Also, don’t forget: Today’s GDP release may influence market direction. Crude Oil Oil closed higher, reaching $70 on the daily chart. Since the $70–71 range is a major resistance zone, it’s likely the trend may consolidate in this area. The daily MACD is rising sharply, and buying pressure appears strong and one-sided. Despite the resistance at $70–71, if oil gaps up over the weekend, there’s a chance this resistance could be broken by a gap-up move on Monday. Keep an open mind to this possibility, but also be cautious over the weekend (over-the-weekend risk). On the 240-minute chart, the MACD is bouncing off the signal line, with strong renewed buying pressure. However, if oil fails to break higher, a MACD divergence could develop, so avoid chasing longs at elevated levels. Overall, it’s safer to treat the $71 level as the upper boundary of a range, favoring short-term selling strategies. Watch the lower timeframes for signs of trend reversal. Gold Gold ended the day flat within a narrow range, forming a small consolidation box ahead of today’s GDP release and tomorrow’s PCE data. The daily MACD is converging with the signal line, suggesting we are approaching a turning point — either a new leg up or a bearish crossover. Both bullish and bearish scenarios remain open, so it’s important to monitor how the market reacts to upcoming data. If gold fails to push higher, a bearish divergence may form, opening the door to a pullback toward the 5-week MA on the weekly chart. On the 240-minute chart, both MACD and the signal line are hovering near the zero line, indicating sideways movement. Since the signal line remains above zero, the buy side still holds a slight edge, but confirmation via a strong bullish or bearish candle is needed to establish a trend. Any MACD signal triggered at the zero line could lead to a larger directional move, so keep that in mind. Until data is released, continue range-bound trading, and avoid premature long or short positions, as today’s trend may remain undecided. March is coming to an end. Make sure to keep a close eye on today and tomorrow's data releases and aim to close the month with solid results. Wishing you a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
WTI CRUDE OIL: Last pull to 4H MA50 possible, $72 target remainsWTI Crude Oil just turned bullish on its 1D technical outlook (RSI = 55.181, MACD = -0.570, ADX = 39.438) as it crossed above the 4H MA200. It is still under the 1D MA50, so the newly emerged Channel Up may pull the price back under the 4H MA50 one last time before the next, even stronger bullish wave. Overall, we remain long (TP = 72.00), even more so on the long term. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
Potential bearish drop?USO/USD is reacting off the resitance level whic is an overlap resistance level that line sup with the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 70.39 Why we like it: There is an overlap resistance level that lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement. Stop loss: 71.87 Why we like it: There is a pullback resistance level that is slightly below the 88% Fibonacci retracement. Take profit: 68.68 Why we like it: There is an overlap support level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
USOIL:It's time to go shortRecently, the WTI crude oil has been on a continuous upward trend with fluctuations. The current intraday price has reached a three - week high. At present, the long - position sentiment in the market is greatly influenced by the fundamental news, mainly due to the intensified U.S. sanctions on Iranian energy and the ineffective implementation of the 30 - day cease - fire agreement between Russia and Ukraine. Today's trading strategy: Focus on shorting at high levels. Currently, the price has a firm support at $69. Observe whether it can reach the resistance range of $69.5 again. If it breaks through the upper level, look at the important psychological resistance level of $70. Select to short again within the range. USOIL Trading Strategy: Sell@69.5-70 TP:68-67 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:USOILShort
by UnknownUnicorn91242686