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Crude Oil Future CFD (USD)Crude Oil Future CFD (USD)Crude Oil Future CFD (USD)

Crude Oil Future CFD (USD)

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CL-OIL trade ideas

Potential bullish rise?USO/USD has reacted off the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could rise from this level to our take profit. Entry: 69.13 Why we like it: There is a pullback support level that line sup with the 50% Fibonacci retracement. Stop loss: 67.923 Why we like it: There is a pullback support level that lines up with they78.6% Fibonacci retracement,. Take profit: 71.51 Why we like it: There is a pullback resistance level that lines up with the 127.2% 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:USOUSDLong
by VantageMarkets
CL - Crude Oil confirmation and unwritten potentialHi guys, we are following up with probably one of our favourite assets to participate in. You guessed it right it's CL. Currently the Crude Oil is sitting in a very specific range , which has been traded since late August , until the end of October where we saw a big spike and got out of boundaries due to the escalation in Iran and Israel, of which after the cooling off we got back into the range of 73.00 as a strong resistance line , and 67.00 as a strong support. This range has made a lot of traders stay away from CL, but I do believe that there is potential to be caught. Current analysis and entry : Entry today at a level of 68.90 , with two targets of take profit : Target 1: 71.52 Target 2: 72.92 Now this is the bold move if you don't want to miss out on the current opportunity and your Risk Tolerance is on the higher end. If you want to be more protective and your Risk Tolerance is on the lower side, you can get a Pending Order at the level of 66.61 , and then enter 3 follow up targets Target 1: 68.50 Target 2: 71.05 Target 3: 72.45 P.S. My current opinion is to go with a current entry because the missing out of opportunity is too high ,hence we are seeing more tensions in Israel&Gaza conflict, additionally the tightening of the situation in Ukraine&Russia adds more Fundamental Value, towards a swing on an upside of the Crude Oil. Do let me know in the comments below or in my community what is your thought process and opinion about our favourite Black Gold! Happy Trading!
TVC:USOILLong
by DG55Capital
1012 USOIL is going to break the bottom, down target to 60?Hello traders, OPEC+ has announced a delay in its planned production increase, with the Organization of the Petroleum Exporting Countries and its allies postponing these plans until April of the following year. Additionally, the timeline for the eventual cancellation of the voluntary production cut of 2.2 million barrels per day has been extended from 12 months to 18 months. Following this announcement, crude oil futures experienced a slight decline on Thursday, reflecting a muted market reaction. According to a report by Gelber & Associates, despite the news, crude oil prices have remained within a stable range. The report highlights that in recent weeks, the potential for news to significantly influence crude oil prices has been notably high. As the year draws to a close, there is considerable uncertainty surrounding the Trump administration, which has contributed to a temporary reduction in oil price volatility. On the New York Mercantile Exchange, the settlement price for West Texas Intermediate crude fell by 0.4%, settling at $68.30 per barrel. Similarly, Brent crude futures on the Intercontinental Exchange in Europe decreased by 0.3%, reaching $72.09 per barrel. This environment reflects ongoing dynamics within the oil market, where geopolitical factors and economic policies continue to play critical roles in shaping price movements. But on the daily chart, usoil has very big problem to break through the downtrend red line and now is being rejected again from EMAs. Its very possible for usoil to break through the bottom support structure and make a new low. 61.74, FIBO ext 1.27 should be a target after usoil breaking though the bottom. Good luck! Less is more!
FX:USOILShort
by FUNTRADER-Vera
1
USOIL Will Go Higher! Buy! Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 70.58. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 72.27 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TVC:USOILLong
by SignalProvider
1
USOIL Weekly Analysis 9-13 DecemberSo TVC:USOIL continued its fall previous week too. For the upcoming week, my bets are on the upside, these are the keypoints of observation leading to this. 1. Since last 7 weeks, Crudeoil is stuck in a box range, and also the contracting triangle pattern is in the verge or breaking out / breaking down, so we can expect big moves that would possibly take crudeoil out of this box. 2. Nov 11-15 week, Market consolidated in range, grabbed buyside liquidity first, then the sell side liquidity and the week after that, market gave the one-sided move upwards. 3. From 27Nov till last friday, price formed similar structure where it collected buyside liquidity first, then sellside liquidity in the friday fall. 4. Currently the price is trading near a very important demand zone, so a move towards upside is expected. 5. China's inflation rate and PPI data comes out on Monday 7 Asia session, which can be a trigger for monday move. 6. US CPI data comes out this wednesday, which can act as a major trigger in breaking the trendline resistance above and price moving up to take out liquidity near 72.80$ 7. As 25bp rate cut is largely expected in the next Fed meeting, the CPI data will be crucial in taking that decision, and this will weaken the dollar and is bullish for crudeoil, so that could be a major trigger onto breaking the resistance and moving up. Conclusion: So there are some key data coming this week, China PPI data and Inflation data which can signal some bullishness if the economy is strong and there is demand and also US CPI data which will also affect crudeoil price. Technically, we are in a strong demand zone, and as we collected liquidity from buyside and sellside last week, chances are more we head for upside this coming week. Watch out for resistances at 68$, 69$ and 70$, break of which can lead to nice upside rally. What are your thoughts? NB: Not a financial advise, this is just my observation and only for educational purpose.
TVC:USOILLong
by shakeelmohamed
1
OIL: Three days breakout traders long in the market Hello traders and hope you are doing good! Today I would like to analyse deeply this market, trying to understand the logic behind my thesis. Do not forget to support and comment my idea, nothing change to you, but is really supportive to me. Overall, OIL looks like potentially going to complete a two weeks dump and pump template, and especially today with CPI and OIL major red news on calendar, it can be pretty interesting, but let's go deeper. The last week, since Wednesday the market drastically dumped down, breaking on Friday the low of week and closing the day/week in breakout, with short traders in the market. Now, typically, depending on the behaviour of price, the market can keep going breaking lower or reversing if volume is trapped down low, as it happened in this specific scenario. I would say then, that the low of week can be locked and it may start the reversal process, going to stop short traders from Wednesday. Monday, in the new week, the market placed a higher high (because it broke the Friday high of day), closing the day as first green day, which is a strong signal of market reversal. Tuesday, volume was trapped almost all the day below Monday closing price, and a dump and pump session setup pushed the price even higher! Wednesday, today, market kept breaking higher, potentially higher time frames long traders are driving this move. Let's discuss about the thesis, as you may already know, I do not predict the market, but I just show what it can be (as per my criteria) the highest probability setup, setting for the day. The long thesis, which is my current and main view, targeting the previous HOW, could be really interesting if the price will dump down into the low placed in London session, consolidating till 10:30am OIL news release for a buy low long trade setup, which I will be really willing to take. However, the market can consolidate up high into the current HOD/HOW, for a short scalp back into any higher level long, for example low of London or yesterday closing price, but I will be updating this analysis every hour from the beginning of NY session 8am NYT. Remember, I do not predict any movement but I only trade setup! See you later every one and let me know if you need any clarification!
PEPPERSTONE:SPOTCRUDELong
by GianniPichichero
1
US OIL Trade Log WTI Crude Oil 1H Short Setup Trade Idea: - Bearish wedge forming with price stalling in the 1H FVG (premium zone). - Confluence: - Bearish Divergences: CVD and RSI confirm weakening momentum. - Macroeconomics: Fundamentals lean bearish; CPI results pose a potential risk. - Risk-Reward: Tight stop above the FVG. Targeting a 1:2.55 RRR down to liquidity grab zones below $68. Quick Take: This setup aligns technical weakness with fundamental caution. Stay nimble with CPI in play—adapt if the macro picture shifts. Target lower liquidity pockets if rejection confirms!
OANDA:WTICOUSDShort
by Fondera
4
USOIL BULL Triangle The oil chart is showcasing a large triangle pattern within a smaller triangle, and the breakout of the smaller triangle to the upside strongly suggests that the larger triangle will also be broken. This breakout signals the potential to target significantly higher levels. Additionally, the bottom has been tested approximately four times, with the last test clearing out all liquidity. Now, the chart appears to be gearing up for a major upward move after a prolonged accumulation phase. As for my perspective, I’m betting on oil’s rise rather than its decline, even though the current triangle formation is typically a bearish (descending) triangle. The second entry opportunity will present itself after the larger triangle is broken and confirmed through a retest. Note: I don't care about the count if it right or not don't comment on that please
BLACKBULL:WTILong
by hakimbo989
WTI Oil H4 | Potential bullish bounceWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 68.47 which is an overlap support. Stop loss is at 67.59 which is a level that lies underneath a pullback support. Take profit is at 69.66 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level. 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. 64% 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. 66% 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
WTI Oil H4 | Swing-high resistance at 50% Fibonacci retracementWTI oil (USOIL) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 69.85 which is a swing-high resistance that aligns with a 50% Fibonacci retracement. Stop loss is at 70.66 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance. Take profit is at 68.52 which is a swing-low support. 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. 64% 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. 66% 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:USOILShort
by FXCM