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Usoilanalysis

Crude Oil Technical Outlook: Range Breakdown & Next Targets🔹Key Observations: 1. Range Formation & Breakout: - The price was consolidating within a range (highlighted in the pink box). - A range breakout trading setup is identified. - The price has broken below the range support, signaling potential downside momentum. 2. Breakout Confirmation: - The price has moved below a key support area (marked in blue). - The breakdown indicates a potential continuation of the downtrend. 3. Downside Targets: - 1st Target: $68.00 (first green line). - 2nd Target: $67.05 (second green line). - If the price sustains below the breakout level, these targets could be reached. 4. Volume Analysis: - The volume bar at the bottom suggests increased selling pressure. - The breakout occurred with notable volume, which confirms bearish sentiment. ▪️Technical Outlook: - Bearish Bias: The chart suggests a bearish move with downside targets aligned at $68.00 and $67.05. - Watch for Retest: If the price pulls back toward the breakout zone, it may confirm the breakdown before further decline. - Invalidation Level: A strong recovery back above the blue support zone could invalidate the bearish setup. 😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
TVC:USOILShort
by SOAM_PRO_TRADER
0227 USOIL looking for a correction on 4H chart!!!Hello traders, On Wednesday, the internal alert stated: "On Wednesday, we are waiting for a new sideways trend in crude oil. Crude oil may experience a short-term decline followed by a pullback around the opening time of the European and American markets. Participation is not recommended!" On Thursday, in the four-hour chart, the C wave of crude oil is oscillating sideways at an extreme position, and there is a high probability of a certain degree of pullback! Pay close attention to the previous support level of 70.00, which is also a key psychological price level. You can consider taking a light position to go long on crude oil! TP1: 70.00 TP2: 70.35 GOOD LUCK! LESS IS MORE!
TVC:USOILLong
by FUNTRADER-Vera
USOIL: Energy channel sanctions lifted? Oil price drops?The news will be explosive news in the New York market. The market is about to fall sharply. 1. The European Union has suspended sanctions on Syria's energy and transportation sectors. 2. Iraq's oil minister said that oil exports from the Kurdish region will resume within a week. 3. BP CEO will abandon his promise to cut oil and gas production. The news will be explosive news in the New York market. The market is about to fall sharply. The current oil price is around 70.6, observing from the overall trend. It is still in the downward channel. The support below is loose. According to the Williams indicator, the probability of continued decline in the short term exceeds 95.6%. After breaking the 70 integer level, it will move closer to the price of 69.5 again. Operation idea: short selling. Recommended USOIL: sell at the current price. TP: 71, TP: 69.5-69
TVC:USOILShort
by Confident_Step
Go long crude oilDear Traders, Currently, crude oil continues its downward trend, though the pace of its decline has moderated, showing signs of bottoming out. Moreover, oil has now pulled back to the critical support zone around the 68 level. Should oil fail to decisively break below this support, a technical rebound could occur at any moment. Additionally, with oil’s relatively low valuation, it becomes increasingly attractive in the market. For short-term trades, I favor initiating long positions on crude oil, with an initial target of a rebound toward the 69.5-70.5 zone, which seems well within reach.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
TVC:USOILLong
by Trader_Marvin
US Oil Market Outlook: Bearish Momentum Indicate Further DeclineThe 4-hour chart of WTI Crude Oil (TVC: USOIL) reveals a well-defined market structure transition from bullish to bearish. Initially, the price action exhibited a strong uptrend, characterized by the formation of higher highs (HH) and higher lows (HL). However, a break of structure (BOS) marked the onset of a reversal, leading to the emergence of lower highs (LH) and lower lows (LL), confirming the shift to a downtrend. A key technical observation is the presence of a price gap near the highest point, which often signifies inefficiency in the market and the potential for price retracements in the future. Furthermore, the highlighted resistance zone around the $72.49–$73.50 range has proven to be a strong supply area, repeatedly rejecting bullish attempts to break above it. This resistance, coupled with price trading below the 50-period and 200-period moving averages, reinforces the bearish bias. The price has now breached the $71.78 level, accelerating downward momentum. The next significant area of interest lies at the identified support level around $69.36, which serves as the primary target area. If selling pressure remains dominant, further declines may be anticipated. Volume analysis further substantiates the bearish outlook, as recent price drops have been accompanied by increased selling activity. The combination of structural shifts, resistance validation, and moving average positioning strongly suggests that the downward trajectory is likely to persist unless the price reclaims and sustains above the resistance zone. Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
TVC:USOILShort
by SOAM_PRO_TRADER
USOIL Reversal in Motion? Key Levels You Can’t Ignore!Market Structure Breakdown: 🔸 Daily Timeframe: • We initially identified a double-bottom formation, signaling a bullish push to grab liquidity above previous highs. • However, buyers failed to sustain momentum, leading to a structural shift. 🔸 H4 Timeframe: • Strong impulse move downward, breaking key structure. • Formed a lower high, indicating seller control. 🔸 H1 Timeframe: • Entry confirmation: Lower high + structure break + retest. • Current Position: Short trade floating +142 pips in profit. • Stops secured in profit = No risk on the trade. 🎯 Next Targets & Key Levels: ✅ Target 1: Sweep 7040 low. ✅ Target 2: Potential drop to 7026 if momentum continues. ⏳ Crucial Confirmation Needed: • If today’s bearish candle closes above average, it will confirm a true lower high and increase chances of breaking consolidation to move lower. 🛠 Trade Management: • Profits taken at: +30 pips, +60 pips, +100 pips. • Current floating: +142 pips. • Overall target: +212 pips (1:5 / 1:6 RR). • If we break consolidation, we’ll trail TP and maximize gains. This trade is a textbook example of a failed bullish push leading to a structural breakdown. With stops locked in profit, we’re letting the trade play out risk-free, while looking for further downside expansion. If you’re tracking USOIL, keep an eye on these key levels and watch how price reacts! 🚀📊
FX:USOILShort
by BlueOceanFxAcademy
USOIL: Heavy trading plan is comingOPEC's production cut plan is about to be implemented, oil prices are about to rise sharply again, and geopolitical uncertainty has once again accelerated the growth of oil prices. Technical support still exists. 72.4-72 is a reasonable trading range. As a short-term retracement point, this position has a strong support strength. The next round of USOIL is expected to exceed 73, or even reach 75. Based on the above, the following operation suggestions are given for reference: USOIL: BUY 72.4 BUY 72 TP 73.12 TP 73.68 TP 74.48 SL 71.7
TVC:USOILLong
by Confident_Step
USOIL is changing as I analyzedThrough the previous accurate analysis, USOIL is rising as I analyzed, and many traders have also reaped considerable profits. The current price of USOIL is US$72.3, and downward pressure still exists. Market expectations for Russia-Ukraine negotiations are heating up. If Russian oil sanctions are lifted, increased supply will put pressure on oil prices. Bank of America analyzed that the underlying price of Brent crude oil may fall by 5-10 US dollars per barrel. sell:72.4 Tp:71 Tp:70 Sl:73.6 TVC:USOIL FX:USOIL
TVC:USOILShort
by David_financial_analyst
USOIL READY TO EXPLODE?! DON’T MISS THIS CRUCIAL MOVE!📊 USOIL (Crude Oil) Analysis – February 17 What’s up, traders? Mr. Blue Ocean FX here with another deep dive into the markets, and today, we’re breaking down US Oil (Crude Oil) and the major opportunities setting up. Let’s get straight into it. 📉 Weekly Time Frame Insight • Last week’s candle closed with exhaustion, printing a low at 70.30 but losing volume compared to previous bearish moves. • Key Resistance: 71.55 area was broken, signaling potential bullish momentum. • Impulse Move: Price pushed as high as 79.44 (Jan 13th), breaking past the 77.90 October high before retesting that level. 📊 Daily Time Frame Setup • USOIL is currently ranging in a consolidation zone, and we are at the lower region of this range. • Buy Zone Identified: • Three bottom touches suggest a strong support level. • Higher low structure forming at 70.58, above the previous Feb 6th low of 70.34. • If bulls hold this zone, we could see a strong push to the upside. 🕒 4H Time Frame Execution Plan • Structure Confirmation: After a deep retracement, price failed to print a new low. • Liquidity Sweep: A wick below 70.16 may have stopped early buyers before price reclaimed. • Entry Plan: • Buy near 70.68 (entry level). • Stops below the recent low. • Targeting 72.04, then 73.32, with further upside potential to 74.21+ if consolidation breaks. • Channel Formation: USOIL is respecting an upward-sloping trend channel that could continue bouncing before a major breakout or breakdown. 🚀 What’s Next? If bulls maintain control, we could see an explosive breakout, targeting higher liquidity zones above 74.21. However, if price breaks down, we may see another leg lower before a final push up. 🔥 What do you think? Will oil rally higher or break down? Drop your thoughts in the comments! 📢 If you found this breakdown valuable: ✅ Boost this post ✅ Share it with a fellow trader ✅ Follow for more Let’s catch these moves! 🚀💰 #USOIL #CrudeOil #Trading #Forex #MarketBreakdown
FX:USOILSPOTLong
by BlueOceanFxAcademy
USOIL is about to fall sharply, prepare to shortFrom a technical perspective, usoil currently has a large short-selling opportunity. The overall price of usoil has successfully stabilized at the 70 mark, and on this basis, it has ushered in a correction market with a volatile rebound. In the afternoon European session, oil prices rose slightly, pierced the 71.2 mark, and then closed in a volatile state. From the daily K-line pattern analysis, it finally closed with a volatile rebound cross K-line. Although the short-term price stabilized and rebounded after gaining support at the 70 mark, from a comprehensive consideration at the daily level, usoil is still in a weak volatile pattern, limited by the 10-day moving average and below the 5-day moving average. For the short-term trend, the 73 mark is the key dividing line for short weakness. At the daily level, as long as usoil fails to effectively break through and stabilize the 73 mark, any pullback can be regarded as an excellent short-selling opportunity. usoil short-selling trading plan: Sell: 71.55, take profit 70.5; stop loss 72.3 TVC:UKOIL TVC:USOIL
TVC:USOILShort
by Beck_Ledley
USOIL, oil trend analysis (hot news)USOIL: Due to a drone attack on a Russian oil pipeline pumping station, the oil flow from Kazakhstan has decreased. David believes that the price will rebound to the upper side soon BUY:71.2 TP:71.6 TP:72 SL:71.00 If you agree with my analysis, please continue to pay attention. I will share my views for free later - (David) If you don't know when to trade and want to avoid risks, you can continue to pay attention. TVC:USOIL FX:USOIL
TVC:USOILLong
by David_financial_analyst
Resistance in Focus: Will Oil Prices Reverse or Fall Again?● Oil prices have been trending downward through a parallel channel. However, a crucial support zone near $70.6 has provided a rebound, sparking hopes of a potential recovery. ● Currently, the price is testing its trendline resistance, a critical level that will determine the next move. A breakthrough above this level could signal a reversal in the oil market. ● On the other hand, if the price fails to clear this level, it may indicate that the downward pressure is still too strong, and another leg down is possible.
OANDA:WTICOUSD
by NaranjCapital
USOIL: Continue to buy USOIL. Wait for a surge.Yesterday, after my precise analysis and the announcement of the trading plan, the oil price successfully achieved the target of 71.5 after the passage of time. The increase was more than 15p. This profit is very optimistic. Many traders also witnessed this moment. London market oil prices hit a higher position again, and strengthened again after stepping back to the position of 71.5. The New York market has not yet opened, and it is expected that there will be another upward impact. Therefore, the oil price will most likely continue to create a new high in the next few hours. Preliminary estimate 72.8-73.3 The current price is at a relatively low position. Therefore, it is reasonable to buy USOIL to go long on oil prices. BUY: Buy near the current price of 71.8 tp72.8 sl71 Set stop profit and stop loss while trading to control risks to the minimum. Only in this way can you obtain better profits in the financial market in the long run and make your account go further.
TVC:USOILLong
by Confident_Step
USOIL:Go long on oil prices, or hold a buy orderusoil: Technically, there is no demand for a rebound. The ultra-short-term technical pattern shows a triangular consolidation range. At the same time, reducing the oil price in some areas will also increase the demand for oil to a certain extent. At the same time, the factor of geopolitical war will cause oil as an energy reserve to bottom out again. Overall, the profit of short-term long oil prices is conservatively estimated to be more than 7p. Buying target: around 71.5 Loss setting: 70.2 FX:USOIL
TVC:USOILLong
by Confident_Step