USOIL WTI Crude OilWTI Crude Oil (USOIL) has successfully broken above the descending trend-line, signalling a potential trend reversal. After the breakout, the price has retraced back to retest the trend-line support, confirming its strength as a new support level.
Key Technical Observations:
✅ Trend-line Breakout & Retest – The price has broken the downward trend-line and is now finding support around $70.800, indicating a shift in momentum.
The price is currently trading above the 21-period and 50-period Exponential Moving Averages (EMAs), which further confirms the bullish momentum and potential for an upward move.
✅ Targets for the Upside:
Target 2: $71.900 (First resistance level)
Target 2: $72.600 (second resistance level)
Target 2: $73.500 (Major resistance level)
✅ Support Level: $70.800 – Holding above this level strengthens the bullish outlook.
Wticrude
WTI Crude oversold bounce The WTI Crude (US Light Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7300. An oversold rally from the current levels and a bearish rejection from the 7300 level could target the downside support at 7100 followed by 6955 and 6870 levels over the longer timeframe.
Alternatively, a confirmed breakout above 7290 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 7360 resistance followed by 7455 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
USOIL (WTI) - New uptrend? Based on the technical analysis of West Texas Oil (WTI) on the 4-hour timeframe, we're monitoring a potential bullish setup. If the price successfully breaks above the upper blue box resistance zone around 74.000, we'll maintain patience and wait for a healthy retracement. Once we observe clear confirmation signals during this pullback, such as bullish candlestick patterns or strong momentum indicators, we can look to enter long positions. The anticipated target would be the previous resistance level marked by the red horizontal line at approximately 80.800.
WTI Prices Recover Above $72WTI crude oil has rebounded to the $72.50 zone over the past four trading sessions, primarily after a recent drone attack by Ukrainian forces that damaged a key pipeline in southern Russia. The estimated damage could reduce oil exports from this region by up to 30% for at least two months. This new unexpected supply disruption has supported short-term demand for crude oil.
Additionally, ongoing trade war concerns have boosted demand for crude as an inflation hedge, reinforcing short-term bullish sentiment.
The Range Remains Stable
For now, WTI continues to trade within a well-defined range between:
$78 resistance (upper boundary)
$66 support (lower boundary)
Currently, the price is hovering near the middle of this neutral range, showing no clear directional trend. As long as price movements remain within this area, a clear breakout may take time to develop.
Neutrality Prevails:
RSI Indicator:
The RSI line maintains an upward slope, but price action remains neutral around the 50 level, the indicator’s equilibrium point.
This suggests a balance between buyers and sellers over the past 14 periods.
TRIX Indicator:
The TRIX line is currently reaching the 0 neutral level, reinforcing that the exponential moving average momentum remains neutral.
Both indicators confirm that the market remains in a consolidation phase, requiring stronger movements to establish a clearer trend.
Key Levels to Watch:
$78 – Major Resistance: Upper boundary of the current range. A breakout to this level could revive bullish momentum, similar to the buying pressure seen in early December.
$66 – Key Support: Lower boundary of the sideways channel. A drop near this level could strengthen bearish sentiment, reinforcing the downward trend observed in January.
$72 – Current Resistance & Critical Level : Midpoint of the neutral range that aligns with 50% Fibonacci retracement along with 50 & 100-period simple moving averages. This strengthens its importance as a key level.
If price continues oscillating around this zone, the sideways range could persist in the coming sessions.
By Julian Pineda, CFA – Market Analyst
WTI - Will oil return to the upward trajectory?!WTI oil is located between EMA200 and EMA50 on the 4-hour timeframe and is moving in its medium-term descending channel. In case of a downward correction towards the support area, the next opportunity to buy oil with a reward at a reasonable risk will be provided to us. A valid break of the drawn downtrend line will pave the way for oil to reach the drawn areas.
Goldman Sachs has stated that even if hostilities in Ukraine cease and sanctions are eased, Russia’s oil exports are unlikely to see a significant increase. The bank believes that Russia’s crude oil production will remain capped at 9 million barrels per day, not primarily due to sanctions, but rather because of the country’s commitments under the OPEC+ agreement.
OPEC+, which is responsible for nearly half of the world’s oil production, has decided to delay its planned production increase, which was originally scheduled between April and July. Meanwhile, Trump has announced that additional negotiations with Russia are set to take place in an effort to bring an end to the war in Ukraine—an event that could impact the outlook of global energy markets.
Russia remains one of the key oil suppliers worldwide and plays a significant role in price fluctuations. Goldman Sachs predicts that the price of Brent crude will rise to $79 per barrel by the end of this month, while it is currently trading at around $76 per barrel.
Ukrainian President Volodymyr Zelensky stated that the United States has, in some ways, helped Vladimir Putin break out of his isolation. He emphasized that Trump’s team must gain a better understanding of Ukraine’s actual situation and made it clear that he has no intention of “selling” his country. Zelensky also highlighted the strength and resilience of the Ukrainian military and added that Trump’s envoy should ask ordinary Ukrainians how they perceive him following his recent statements.
Meanwhile, Vladimir Putin announced that the rapid reconstruction of the Caspian Pipeline is not feasible. He explained that Western-made equipment used in the Caspian Pipeline Consortium has sustained severe damage due to recent attacks.
Putin emphasized that the restoration of this pipeline would not be completed swiftly, as critical components rely on Western technology and have been significantly impaired.
The pipeline, which transports Kazakh oil to global markets, has experienced a 30-40% reduction in oil flow following a drone attack on one of its pumping stations in southern Russia. This reduction equates to approximately 380,000 barrels per day (bpd). This development was not entirely unexpected, as Russian Deputy Prime Minister Alexander Novak had previously stated that repairs to the pipeline could take several months.
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.
WTI Crude The Week Ahead 17 Feb 25 The WTI Crude (US Light Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7290, 50 Day Moving Average level. An oversold rally from the current levels and a bearish rejection from the 7290 level could target the downside support at 7100 followed by 6955 and 6870 levels over the longer timeframe.
Alternatively, a confirmed breakout above 7290 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 7360 resistance followed by 7455 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
WTI Oil Short: Bearish Setup After Sharp RallyOil prices have surged impressively, fueled by recent fundamental-driven market moves. However, this swift upside has led WTI crude to my point of interest, offering a prime opportunity to short against the trend. My trade strategy includes taking partials at the $74 price zone. Here’s why this setup is supported by bearish fundamentals:
1. Rising U.S. Fuel Inventories
Recent data shows significant growth in U.S. gasoline and distillate stockpiles, hinting at a potential oversupply in the market.
2. Strengthening U.S. Dollar
A stronger dollar makes oil more expensive for holders of other currencies, reducing global demand and weighing on prices.
3. Increased Non-OPEC Supply
With rising production levels from non-OPEC countries, analysts expect an oversupplied market in 2025, adding further pressure on oil prices.
4. Weakening Global Demand
Economic growth concerns in major markets like China and Germany are fostering expectations of reduced oil demand, reinforcing a bearish outlook.
These combined factors strongly support a short position on WTI crude oil. Stay strategic, take profits along the way, and manage your risk carefully in this volatile environment!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
WTIhello trader, today the price drop back to main support and we see 4hr bullish candle.. the price will likely reverse but regardless use proper risk management as suggested on the chart... the target level is the resistances as shown.. the price will likely make higher highs based on trend changing...
good luck..
WTI on high time frame
"Hello traders, focusing on WTI, the price has hit the daily order block at $73.5 and experienced a strong rejection on the 4-hour chart. The price has broken below the trend line and is indicating potential downward movement during the Asian session today. It's important to note that there is a CPI news release during the U.S. session today, so exercise caution in your trading decisions."
If you have any specific questions or need further assistance with your message, feel free to ask!
WTI crude bulls eye $74Crude oil prices fell over 11% from the January high before support was found at the 200-day SMA and 50% retracement level on Friday. Trump's latest tariffs saw commodities rise on inflationary concerns, and that allowed WTI futures to post a daily gain of 1.6% - its best day since the January high.
The 1-hour chart shows an impulsive move with no immediate threat of a top forming, and it seems plausible that the market is now reaching for $74 as part of a counter trend move, near the monthly pivot point and weekly R2.
However, as Monday's trading volume was the lowest of the year, it shows a lack of bullish enthusiasm. So unless we see volumes rising alongside prices, I am to assume the current bounce is simply a correction against the drop from the January high.
Matt Simpson, Market Analyst at City Index and Forex.com
Weekly Market Forecast: CRUDE OIL Can Go Lower!This forecast is for the week of Feb 10-14th.
OIL is still trending to the downside, and sells are still valid.
Until we see a bullish market break of market structure, sells all day.
CPI Data news on Wednesday, so be careful trading into news day.
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!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
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.
WTI Crude Oil: Navigating Current Dynamics Near $72.00As I write this, West Texas Intermediate (WTI) crude oil is hovering around $71.90. Despite ongoing concerns about a US-China trade war, the market is largely dismissing this risk, focusing instead on supply worries stemming from Iran.
President Trump's administration has reinstated its "maximum pressure" campaign, aiming to cut Iran’s oil exports to zero, which heightens global supply concerns. This geopolitical landscape has significant implications, suggesting a potential tightening of global oil supply that could lead to price increases.
From a technical standpoint, retail sentiment is bearish. However, examining historical data reveals a pattern of price recovery following downturns. Given current market dynamics, there’s a strong case for a bullish reversal. A pullback to around $78 seems feasible, as demand may soon outstrip supply due to lingering geopolitical tensions and economic recovery.
In summary, while bearish thoughts prevail, the foundations are in place for an upward shift in WTI prices. As developments in Iran and broader economic indicators unfold, traders and investors should remain alert to the potential for a rebound.
✅ Please share your thoughts about WTI in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
"WTI / US OIL SPOT" Energy Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "WTI / USOIL SPOT" Energy 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. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 :
"The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!"
Buy entry above 76.00
Sell Entry below 72.00
Stop Loss 🛑:
Thief SL placed at 74.00 (swing Trade) for Bullish Trade
Thief SL placed at 74.00 (swing Trade) for Bearish Trade
Using the 4H period, the recent / nearest low or high level.
SL is based on your risk of the trade, lot size and how many orders you have to take.
Target 🎯:
-Bullish Robbers TP 81.50 (or) Escape Before the Target
-Bearish Robbers TP 67.00 (or) Escape Before the Target
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 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
"WTI / USOIL SPOT" Energy market is currently experiencing a Neutral trend (there is a higher chance for Bearish)., driven by several key factors.
♻ Fundamental Analysis:
Supply and Demand: Neutral, with growing demand for oil offset by rising US oil production.
OPEC Production: Neutral, with OPEC's production cuts offset by rising US oil production.
Global Economic Growth: Neutral, with a slow global economic recovery expected.
♻ Macro Economics:
Global Economic Growth: Neutral, with a slow global economic recovery expected.
Inflation: Neutral, with low inflation expected in major economies.
Interest Rates: Neutral, with interest rates expected to remain stable.
♻ COT Report:
Non-Commercial Traders: Bearish, with 55% of non-commercial traders holding short positions.
Commercial Traders: Bullish, with 60% of commercial traders holding long positions.
Levieraged Funds: Bearish, with 58% of leveraged funds holding short positions.
♻ Sentimental Analysis:
Market Sentiment: Bearish, with 52% of traders holding short positions.
Retail Trader Sentiment: Bullish, with 65% of retail traders holding long positions.
Institutional Trader Sentiment: Bearish, with 60% of institutional traders holding short positions.
♻ Overall Outlook:
Bearish: 52%
Bullish: 30%
Neutral: 18%
Based on the overall analysis, the outlook for WTI Commodity CFD is bearish, with a target price of around $60-$62 per barrel.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖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 🤗
WTI on high time frame
"Dear traders, concerning WTI, the price has touched $73 and has been technically rejected from this level. Candle formations on higher time frames suggest a potential increase in price. Considering the political and geopolitical factors outlined in this article (www.tradingview.com), if the price can hold above the $73 zone, my view is that the next target could be $76."
If you have any specific questions or need further assistance with your message, please let me know!
Market Analysis: Oil Takes a HitMarket Analysis: Oil Takes a Hit
Crude oil is showing bearish signs and might decline below $72.20.
Important Takeaways for Oil Price Analysis Today
- Crude oil prices failed to clear the $80.00 region and started a fresh decline.
- There is a key bearish trend line forming with resistance at $73.85 on the hourly chart of XTI/USD at FXOpen.
Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil at FXOpen, the price struggled to clear the $80.00 resistance zone against the US Dollar. The price started a fresh decline below the $76.35 support.
The price even dipped below the $75.00 level and the 50-hour simple moving average. The bulls are now active near the $72.20 level. A low was formed at $72.16, and the price is now consolidating losses. If there is a fresh increase, it could face resistance near the 23.6% Fib retracement level of the downward move from the $79.44 swing high to the $72.16 low at $73.85.
There is also a key bearish trend line forming with resistance at $73.85. The first major resistance is near the $75.80 level or the 50% Fib retracement level of the downward move from the $79.44 swing high to the $72.16 low.
Any more gains might send the price toward the $76.35 level. Any more gains might call for a test of $79.45. Conversely, the price might continue to move down and revisit the $72.20 support. The next major support on the WTI crude oil chart is $70.00.
If there is a downside break, the price might decline toward $70.00. Any more losses may perhaps open the doors for a move toward the $68.50 support zone.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USOIL Maintains a Persistent Bearish BiasThe WTI barrel has experienced a loss of over 8% since mid-January, mainly because the peace agreement between Israel and Palestine has come into effect without issues, and Trump’s ongoing comments about increased production in the United States have contributed to the bearish sentiment. Both factors have led the market to expect growing supply and weak demand prospects, which has inevitably sustained bearish pressure on crude oil prices.
Lack of Clear Trend:
Recent movements have caused the barrel to accumulate a prolonged bearish correction, casting doubt on the bullish trendline established since December 2024. Now, the price faces a key support zone, which could serve as a decision point for a potential sustained bearish trend.
ADX:
The ADX line has consistently oscillated above the neutral level of 20. However, recent movements show a current downward slope, indicating a lack of clear trend in the market. If the ADX line continues to decline, the current bearish movement may struggle to break through the existing support zone.
MACD:
Both MACD lines are consistently declining, and the histogram remains below the neutral line at 0. This indicates that bearish pressure continues to dominate in the short term. However, recent histogram readings have not reached progressively lower levels, suggesting indecision in the current bearish movement, which could allow for short-term upward corrections.
Key Levels:
$72: The current support level on the chart. Oscillations below this level could further increase bearish pressure and pave the way for a more defined downward trend.
$78: The last high reached by the barrel of crude oil. Bullish oscillations that revisit this level could revive the short-term upward trend that was forming since December.
By Julian Pineda, CFA - Market Analyst
USOIL Market’s DNA – 21DChart , 28, 55, 89, Bars Leading the Way
Not just looking at price—But decoding time itself. Oil moves in a structured, self-repeating time cycle, and now, with the 21-day chart, 28-bar sequences, and Fibonacci cycles, we have the market’s blueprint.
This is beyond trading—this is the hidden time geometry of markets. Let’s break it down. 🧵👇
1️⃣ The 21-Day Chart: Where Time Becomes Visible
📅 The 21-day timeframe is where oil’s cycles reveal their structure.
📊 Every major move follows precise bar counts, proving the market follows timing, not random price action.
🕰️ News reacts to the market, but time controls it first.
This is where we decode the future.
2️⃣ 28 Bars – The Micro-Structure That Sets the Bigger Move
🔵 Every larger trend begins with 28-bar fractals.
🔄 It’s the market’s heartbeat—the foundation of oil’s timing structure.
📊 The energy of 28 builds into 55, and 89 bars, creating the Fibonacci wave.
👉 If the 28-bar structure continues, then the next move is already written.
3️⃣ 28 Bars – The Perfect Symmetry Between Expansions & Corrections
🌀 28 bars mark the equilibrium between cycles.
📈 It’s the tipping point: does oil expand higher or reverse?
🎯 Every major event aligns with a 28-bar cycle, proving that time, not price, dictates direction.
📏 Historical Cycle Confirmations:
✅ COVID Low (2020) → Ukraine War Top (2022) = 28° angle steep rise.
✅ Ukraine War Top (2022) → Dec 2023 Low = 28-bar structured correction.
✅ Next move? The next 28-bar cycle will confirm oil’s next major shift.
👉 If oil respects this, the next major move is already locked in.
4️⃣ 55 & 89 Bars – Fibonacci’s Dominance in Time
🔹 55 bars → Corrective phase, rebalancing the trend.
🔹 89 bars → Defines macro tops & bottoms, marking cycle expansions.
📊 Proven Historical Fibonacci Cycles in Oil:
✅ COVID Crash (2020) → Ukraine War Top (2022) = 55 bars
✅ Ukraine War Top (2022) → Dec 2023 Low = 55 bars
✅ Now heading toward the next 89-bar cycle completion.
📌 This is the natural law of time unfolding in the market.
5️⃣ Where Are We Right Now in the Cycle?
📅 Short-Term:
🔹 We are inside a 28-bar transition phase—this is decision time for oil.
📅 Mid-Term:
🔹 2025 projected top (~90 USD) aligns with the next 89-bar Fibonacci cycle completion.
🔹 2026 projected low (~34 USD) falls perfectly into a 55-bar correction sequence.
📅 Long-Term:
🔹 Final 155-bar macro-cycle → January 2028 marks the next major cycle peak.
👉 We are already inside the structure—only time will reveal the path.
6️⃣ What This Means for Trading: We’re Not Guessing, We’re Seeing
📌 This is bigger than price—it’s the market’s time structure.
📌 If this cycle holds, oil’s movement is already prewritten.
📌 We are not following news; we are following time itself.
🚀 Are we heading toward a 2025 peak and a 2026 drop? What happens after the next 28 bar sequence? Let’s discuss! 👇
WTI - Daily TradingRange ZoneBLACKBULL:WTI is oscillating between two key trend lines, and after hunting liquidity under the last bullish leg, another upward move is possible. This setup presents buy opportunities on lower time frames, and I’ll update this idea accordingly.
Additionally, oil remains within a broader trading range, reacting precisely to the mid-zone, which has previously acted as dynamic support. This level could push prices higher in the short term.
📈 Watch for potential bullish setups and follow for timely updates!
Oil Heading LowerWe are in the latter stages of a running impulse move-up. However, the move has run into a corrective phase on which I do see it sliding lower to at least 77.35. At this level, I find a cluster of resistance factors that work great to set as a minimum target, which includes 100 equality in depth between waves A and C, as well as having just underneath an unfilled gap, which we might be seeing the price target to fill finally.
The most recent price action looks to be contracting in what I suspect is a triangle formation. After enough accumulation has happened I expect to see the break below occur. That is why I've set the entry price right below the second wave of the triangle. Stop is set a few points from the top of the pattern.
Thread carefully since I do expect this move to end violently and swiftly, and turn around right afterward to thrust upward once more. It might even be best for some to stay on the sidelines for this drop and wait for the entry to come on the next big move up.
Happy Trading :)