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Usoilshort

Crude Oil's Bearish Trend Continues: Intraday Trading StrategiesDuring the US trading session on Monday, crude oil recovered part of the losses from the sharp decline at the opening of this week. Previously, OPEC+ unexpectedly increased production again, causing crude oil to continue the bearish trend that has been gradually taking shape since March. Today, the price of crude oil first rose and then fell. After hitting a new low, the upward trend continued, but when it reached around $57.7, it encountered significant resistance. Looking ahead, it is expected that crude oil will experience an oscillation phase first, and then continue its downward trend. Currently, crude oil is still in a bear - dominated trend. For intraday trading strategies, it is recommended to focus on short - selling on rallies and use buying on dips as a secondary approach. Pay close attention to the resistance range of $57.7 - $58.5 on the upside and the support range of $55.5 - $54.0 on the downside. USOIL sell@57.30-57.50 tp:56.50-56.00 Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
TVC:USOILShort
by VolatilityWise
USOIL Today's strategyFrom a technical perspective, if USOIL can take advantage of the weakening of the DXY, stabilize and rebound near the current price, and break through the key resistance level, it may be able to form an upward trend. However, if it fails to effectively withstand the impact of the production increase by OPEC+, and breaks below the key support level, the price is likely to decline further. Currently, it is necessary to closely monitor the competition around the price level of $55. If this level can be held, the probability of a rebound will increase. Once it is broken, the next support level may be around the $53 area. At the same time, continuously tracking the trend of the DXY and the subsequent policy dynamics of OPEC+ is of vital importance for judging the future trend of USOIL. USOIL buy@55-56 tp:57.5-58.5 I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
TVC:USOIL
by H_C_12
A Preliminary Double Bottom Support Pattern May Be FormingCurrently, factors such as geopolitics, OPEC+ policies, and the trend of the US dollar all have a two-sided impact on USOIL. Only the technical aspect reveals directional signals. This week, the crude oil price rebounded rapidly after hitting a low of $56. It has formed the embryonic form of a double bottom with the previous low point, and this pattern may become a turning point in the market trend. According to the theory we proposed earlier, "A deep correction breeds a strong rebound," the price of $56 has become a key support level. If the oil price stabilizes at this level next week, the double bottom pattern is expected to be confirmed, which will in turn trigger a technical rebound. Conversely, once this key level is effectively broken, it is likely to trigger a concentrated sell-off of stop-loss orders, intensifying the downward pressure on the price. I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
TVC:USOIL
by H_C_12
Crude Oil Outlook and Trading Tips for Next WeekThe expected production increase by OPEC+, trade concerns triggered by Trump, and the risk aversion sentiment in the global economy dominate the price trend of crude oil. On Saturday, OPEC+ confirmed a production increase of 411,000 barrels per day in June, intensifying concerns about oversupply. Technically, the bearish trend dominates the crude oil market. Due to the low liquidity in the Asian market caused by holidays next Monday, the oil price is likely to fluctuate significantly. Last week, crude oil continued to decline and closed with a large bearish candlestick on the weekly chart. Next week, the focus is on whether the oil price will break below the previous double-bottom support. In the short term, the oil price has been fluctuating within a range. Currently, it is under pressure and adjusting around $64.88 per barrel, and there are signs of it encountering resistance for the second time around the $60.2 resistance level. In conclusion, it is highly probable that crude oil will continue to be under pressure. On Monday, it is advisable to mainly consider shorting on rebounds and supplement with going long at low levels. Pay attention to the resistance levels of $59.3 - $60.3 per barrel on the upside and the support levels of $57.7 - $56.3 per barrel on the downside. USOIL sell@59.5-59.20 tp:58.00-57.50 Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
TVC:USOILShort
by VolatilityWise
Analysis and Layout of Crude Oil at the Opening of the MarketThe international crude oil market has experienced intense fluctuations. Both Brent crude oil and West Texas Intermediate (WTI) crude oil have recorded significant declines, dropping by 8.31% and 7.58% respectively. The expectations of OPEC+ production increase, the trade concerns triggered by Trump, and the market's risk aversion sentiment due to the global economic slowdown have become the key factors dominating the trend of oil prices. The crude oil has corrected and broken below the support line, and there is a high probability that the bearish trend will enter a further acceleration stage. After the initial rise followed by a fall, the demarcation line between the bulls and the bears is around 59.4. If it comes under pressure again, it will indicate the continuation of the future trend. The moving average system is in a bearish arrangement, and it is suppressed by the 30-day moving average. Objectively, the short-term trend direction remains downward. Next week, consider taking short positions around 59.4 and expect further decline.
TVC:USOILShort
by HilaryBloomer
Analysis of the Market Trend for Next WeekThe price of crude oil futures declined on Friday, falling by approximately 1% during the session, giving back the gains brought about by a brief technical rebound. Bearish demand signals continued to dominate traders' sentiment. The price of crude oil is likely to drop by more than 7% this week, which reflects the growing concerns in the market about the weakening of global demand. Traders remain cautious ahead of the crucial OPEC+ meeting scheduled for May 5th. It is expected that some member states will push for an acceleration of production increases before June. There are reports that Saudi Arabia has hinted that it has no intention of supporting oil prices through a new round of production cuts, which has further intensified the downward pressure on oil prices. In terms of demand, the market remains skeptical about potential trade negotiations. The Ministry of Commerce of China stated that it is evaluating the proposal put forward by the United States to resume tariff negotiations. Analysts said that the trade environment remains unstable and fraught with uncertainties. Crude oil showed a trend of rising first and then falling today. At the same time, the oil price correction broke below the support line, and the bearish trend of oil prices is expected to enter a further acceleration stage. After the rise first and then the fall, the demarcation line between the bulls and bears of oil prices is around $59.3. If it is under pressure again, it will indicate the continuation of the future trend.
FX:USOILShort
by HilaryBloomer
Summary of the Crude Oil Market This WeekThis week, the crude oil market witnessed a significant decline. Brent crude oil dropped by a cumulative 8.3%, and WTI crude oil fell by 7.5%. Both recorded their largest single-week declines since the end of March.👉👉👉 OPEC+ convened a production meeting ahead of schedule and planned to discuss the production increase plan for June. The market bets that the probability of a production increase is as high as 70%. Previously, OPEC+ unexpectedly announced in April that it would increase daily production by 411,000 barrels starting from May, which is three times the original planned increase. This move aimed to punish member states that had overproduced oil. If production is further increased in June, it will further intensify the supply pressure on the market. Although the geopolitical tensions in the Middle East region have intensified, such as the postponement of the fourth round of nuclear negotiations between the United States and Iran, which has, to a certain extent, provided support for oil prices, judging from the overall market situation this week, this supporting effect has failed to offset the impact of increased supply and decreased demand. Overall, this week, under the intertwined influence of factors such as increased supply, uncertain demand prospects, and changes in the geopolitical situation, the crude oil market showed a significant downward trend. The market's expectations for crude oil prices are rather pessimistic, and it is expected that crude oil prices will still face certain downward pressure in the coming period. However, if OPEC+ changes its production increase plan, or if there is an unexpected improvement in the global economy, crude oil prices may rebound.
TVC:USOILShort
by Trading_Grorge
The decisive day of major data (USOIL) Yesterday, it was pointed out in the analysis circle: The support of 58 needs to be tested. Sure enough, buying at low levels continued to expand profits. The current price is 59.6. From the pressure analysis, the market is still affected by data that oversupply, and institutions will not reduce production in a short time. Therefore, oil prices will fall further, The oil price broke through 59. Due to supply reasons, the market still has a downward range. 60-61 is a good choice to sell in succession. tp58-57
TVC:USOILShort
by Band_analysis
USOIL trading alerts. Pressure and support.Oil also fell according to instructions. I just forgot to remind you. Sorry, but the profit is quite good. Sell short from 58.7. Then the lowest reached 56.34 But today in the New York market, USOIL rose again above 58. From a fundamental perspective. The market will continue to fall under pressure. But from the trend, we need to pay attention to the support of 58. If it does not fall today, it is likely to continue to fall based on Friday's trend. The pressure level near 59 needs to be paid attention to. In terms of operation, it is still mainly selling at high levels. Always remind trading risks. So don't ignore this. If you don't know how to trade. Remember to wait and see. Don't trade blindly or gamble. Many investor friends know that I have led some investors to create good profits for several consecutive days. If you don't know how to trade, remember to leave me a message and try it. Maybe your profit will double.
TVC:USOIL
by Band_analysis
Short on Oil/Back to 57$ SOONI believe we can continue the retest of previous major support level at 65-66$ and fibonacci 0.618. This major support will be flipped to resistance in my opinion. We can see a significant sell-off back towards the 57$ area and below from this location. I will be looking to enter a short trade from the 0.618 region/66$ if there is a rejection. My mid-term/end-of-year prediction for US OIL is between 45-50$ and possibly lower. If you believe in the fundamentals and idea of this setup, feel free to follow and use it. Not financial advice.
TVC:USOILShort
by SuperiorJG
1
Market Analysis and Trading Strategy of USOILThe USOIL market has witnessed significant fluctuations recently. Yesterday, the price broke below the key support level of $61.5, and then it has been declining all the way. As of today, it has approached the vicinity of $59.5. This downward trend reflects that the bearish force currently dominates the market. From a technical analysis perspective, once the support level of $61.5 is broken, its nature will transform into a strong resistance level. The rapid decline of the price to $59.5 indicates strong bearish momentum. Currently, the focus of the market is on the $59 mark, which is of crucial importance. If this support level is breached, according to the continuity of the price trend and the technical pattern, USOIL is highly likely to continue to decline further. The next important support level is around $57.5. Conversely, if the price can be effectively supported near $59, based on the technical repair demand after being oversold, the price is expected to rebound. Based on the above analysis, in terms of trading strategy, investors can consider taking a short position near $60. If the price breaks below $59, the short position can be held, with the target price set at $57.5. If the price stabilizes and rebounds near $59, the stop-loss order should be executed in a timely manner to avoid expanding losses. Given the frequent release of important data recently and the significant impact of these data, market volatility will increase significantly. Investors must trade with caution, strictly control their positions, and set reasonable stop-loss levels to cope with the possible sharp price fluctuations. I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
TVC:USOIL
by H_C_12
USOIL: Recent Analysis and Trading StrategiesOver the past two weeks, USOIL has been continuously fluctuating and consolidating within the price range of $61.5 - $64.5. The overall trend shows a pattern of rising first and then falling. During the upward phase, the bullish momentum was scarce, making it difficult to achieve an effective breakthrough. Subsequently, it shifted into a downward trend. Yesterday's market situation was particularly typical. It opened higher at $63.5 in the early trading session and then declined all the way. It not only broke below the key support level of $61.5 but also had weak rebound strength. Currently, the price is still hovering around this support level, indicating the market's indecision. Currently, most investment institutions hold a pessimistic view on the future of USOIL. However, it is worth noting that the price has touched the support level of $61.5 five times in the past two weeks. Although it briefly broke below this level twice, it failed to effectively form a trending breakthrough. The principle that "if a support level can't be broken after repeated attempts, there will be a rebound" has been verified many times in similar situations, suggesting that there may be strong potential buying power at this support level. Based on the above analysis, today's trading strategy is recommended to maintain a cautiously bearish tone, but it is necessary to closely guard against potential technical rebound risks. During the trading process, it is essential to set stop-loss levels strictly to avoid the expansion of losses due to sudden market movements. At the same time, it is advisable to reduce aggressive trading and mainly adopt a wait-and-see approach. Be patient and wait for clearer trend signals, and then choose the right time to enter the market when the market direction becomes more explicit. USOIL sell@62-62.5 tp:61-60.5 sl:62.8 In the future, we will continue to monitor the market changes and update the trading strategies in real time. I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
TVC:USOIL
by H_C_12
The price fluctuation range of USOIL is quite obvious.In the past two weeks, USOIL has been continuously fluctuating within the price range of $61.5 - $64.5. Its trend shows a pattern of rising first and then falling. During the upward phase, there was a slight lack of momentum, and subsequently, it entered a downward channel. This kind of fluctuation is not isolated but has complex underlying causes. In terms of trading strategies, given that the current price fluctuation range is relatively clear, a strategy of selling high and buying low within the range of $61.5 - $64.5 can be considered. However, it should be noted that once the price breaks through the above-mentioned range, the strategy should be adjusted in a timely manner to follow the market trend, and one should be on guard against the risks brought about by a one-sided market. USOIL sell:63.5-64 tp:62.5-62 I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
TVC:USOIL
by H_C_12
#USOIL 4HUSOIL (4H Timeframe) Analysis Market Structure: The chart is forming a classic Head and Shoulders pattern, which often signals a potential reversal from an uptrend to a downtrend. The left shoulder, head, and right shoulder are clearly visible, and the neckline is an important support zone to monitor. Forecast: A sell opportunity may be considered if the price breaks and closes below the neckline with confirmation. This breakdown could indicate the start of a bearish trend continuation. Key Levels to Watch: - Entry Zone: Look for a sell setup once the neckline is broken and retested as resistance. - Risk Management: - Stop Loss: Positioned above the right shoulder to minimize risk. - Take Profit: Target nearby support zones or use a measured move technique based on the pattern's height. Market Sentiment: As long as the neckline holds and the breakdown is confirmed, bearish momentum is likely. A failure to break below the neckline would delay or invalidate the selling setup.
TVC:USOILShort
by PIPSFIGHTER
Is this still the ‘Top Trade’ of 2025? (WTI crude oil)It’s not a big secret actually- I’m talking about crude oil! In the final week of 2024, the team and I highlighted two versions of the WTI crude oil weekly chart and asked ‘is this the top trade of 2024?’ Version 1 has already happened, WTI crude hit $55 per barrel, the downside objective of the smaller triangle pattern on the chart. Version 2 showed a much larger triangle pattern (which we show again this week) and had a downside target of nearly $30! It would take a lot of conviction to ride the price that far down, but could crude oil still move a lot lower this year? What’s interesting is that this is still one of the ‘less talked about’ situations in the market today because of the huge volatility seen in both stocks, forex and fixed income. And I like that nobody’st talking about it - because you don’t want everyone in on it - that means the move could already be over. Crude oil hit a five-year low. That’s meaningful. Strong markets don’t hit 5-year lows, weak markets do. And we like to sell weak markets. Of course, ‘oversold markets’ hit 5-year lows too - and that largely explains the ‘bottom feeders’ who bought WTI crude oil at $55. Downside volatility got extreme owing to Trump’s tariffs and mean-reversion helped it rebound on news of the 90-day pause, much like stock markets. I am completely open to the idea that $55 is a multi-year low and essentially marked the bottom. The huge Hammer reversal candlestick pattern adds weight to that idea. But with the price having hit $65 last week, buying the lows is yesterday’s trade. What do we do today? We will be looking to do what we said in Week 53 of 2024 in case crude oil turns out to be the ‘top trade of 2025’ as we imagined. By the way, Brent crude oil has a very similar setup so this is not a ‘US oil’ thing. There are two parts to trading ‘planning the trade, and trading the plan’. There isn’t much use in making a plan, and not taking the trade. There are always reasons not to take a trade- but if it’s a ‘good trade’ that fits the rules of your trading strategy, then those reasons are usually just ‘noise’. WTI Crude (USO/USD) Long term chart (weekly) Trend: Down Phase: Re-test of breakdown Resistance = $70 Support = $55 Price action: Price has broken down, rebounded and is now testing the breakdown level, while under the 30-week moving average. Should the price break back over the broken long term rising trendline then we know the idea, or at least the timing on the idea is not right. View: Bearish while under broken up-sloping long term support
OANDA:WTICOUSDShort
by jasperlawler
Bullish on USOILAs the chart shows, in the 1 - hour timeframe, USOIL is in an upward - trending channel 📈. The price fluctuates upwards between two trendlines. Despite pullbacks, the uptrend persists, suggesting short - term bullish dominance. Still, the frequent swings reveal ongoing bull - bear market battles.📈 ⚡⚡⚡ USOIL ⚡⚡⚡ 🚀 Buy@61.5 - 62.0 🚀 TP 63.5 - 65.0 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
TVC:USOILLong
by Sovereign-
USOIL Opening Trends and Trading Strategies Next WeekTrend Analysis As shown in the chart, in the 1 - hour time frame, USOIL is moving within an upward - trending channel 📈. This channel is defined by two trendlines, and the price is fluctuating upwards within it. Although there have been pullback trends during this period, the overall trend remains upward. This indicates that in the short term, the bullish forces are relatively dominant, driving the price to gradually climb 📈. However, the frequent price fluctuations also reflect a certain degree of game - playing between the bulls and bears in the market 🤺. ⚡⚡⚡ USOIL ⚡⚡⚡ 🚀 Buy@61.5 - 62.0 🚀 TP 63.5 - 65.0 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
TVC:USOILLong
by Sovereign-
Primary and secondary rhythm: sudden drop in crude oil pricesLast week, OPEC announced a new compensation plan to offset previous overproduction. Under the plan, eight affected countries plan to reduce production by a total of 457,000 barrels per day by mid-2026, failing to sustain a short-term rise in oil prices. Crude oil's short-term trend hit strong resistance near 64.90 and fell, with the decline erasing the gains of the previous three trading days. The MACD fast and slow lines remain within bearish momentum, indicating abundant downward momentum. From the perspective of primary and secondary rhythms, the decline in the North American market yesterday formed a primary downward trend, while the weak rebound in early trading today represents a secondary rhythm. According to the law of primary-secondary alternation, crude oil is expected to continue to decline today, breaking below the 61.50 support level and testing 60. USOIL sell@62.8-63.3 tp:61.5-61 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
TVC:USOIL
by H_C_12
Concerns about demand limit the upside potentialYesterday's strategic analysis noted that U.S. sanctions on Iranian oil exports limited crude oil's upside, though short-term rebounds occurred. Combined with the U.S. plan to zero out Iranian energy exports, short-term news-driven oil price gains primarily reflect supply disruptions and sentiment repair rather than fundamental improvements. While U.S.-Iran sanctions and OPEC quota adjustments may trigger periodic tensions, intensified global trade concerns and institutional downward revisions to demand forecasts will cap the upside potential of oil price rebounds. USOIL sell:64.5-65 tp:63-62 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
TVC:USOIL
by H_C_12