USOIL Long - Bounce to trail- Triple bottom - SFP - Support Personally trailing with shown stopLongby mgibson914
CRUDE OIL (WTI): Classic Bullish Setup I think that WTI Crude Oil has a potential to continue rising. The market was consolidating for a while within a wide intraday horizontal range. Its resistance breakout is a strong bullish signal. Next resistance - 0.7315 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader2220
"US oil Spot / WTI" Energy Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Thieves, 🤑 💰🐱👤🐱🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US oil Spot / WTI" 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. 🏆💸Book Profits wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout (73.300) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 2H timeframe (71.600) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1st Target - 75.500 (or) Escape Before the Target Final Target - 79.000 (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: 🛢️"US oil Spot / WTI" Energy Market is currently experiencing a bullish trend,., driven by several key factors. 🔥Fundamental Analysis - Supply and Demand: The current price is influenced by the balance between oil supply and demand. OPEC's production cuts and increasing demand from Asia are driving prices up ¹. - Inventory Levels: US oil inventory levels are currently below the five-year average, contributing to the price surge. 🔥Macro Economics - Inflation: Rising oil prices can contribute to inflation, which may lead to interest rate hikes and impact oil demand. - Global Economic Trends: Economic growth, particularly in Asia, is driving up oil demand and prices. 🔥COT Data - Non-Commercial Traders: Currently holding a net long position, indicating a bullish sentiment. - Commercial Traders: Holding a net short position, possibly hedging against potential price drops. 🔥Seasonal Analysis - Historical Price Patterns: Oil prices tend to be higher during the summer months due to increased demand. 🔥Market Sentimental Analysis - Investor Sentiment: Currently leaning towards a bullish outlook, driven by escalating crude oil prices and increasing demand. - Market Positioning: Investors are optimistic about oil's potential, with some expecting a breakout above $75. 🔥Next Trend Move - Potential for an Upward Movement: With increasing demand and supply constraints, oil prices may continue to rise. 🔥Overall Summary Outlook Considering the current price of 72.500, USOILSPOT is expected to maintain its upward momentum, driven by increasing demand and supply constraints. However, investors should be cautious of potential price volatility and geopolitical events that may impact oil prices. ⚠️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 💖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 🤑🐱👤🤗🤩by Thief_TraderUpdated 8
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 Analystby FOREXcom5
USOIL - one n single support, holds or not??#USOIL - after a perfect ride in yesterday now market is at his one of the most expensive supporting area that is 71.70 around. keep close that area and only only stay in buying above that. and keep in mind that below 71.70 we will go for CUT N REVERSE on confirmation. stay sharp good luck trade wiselyLongby AdilHussain7313332
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.Longby Ali_PSND112
Bearish drop?WTI Oil (XTI/USD) has rejected off the pivot and could drop to the pullback support that aligns with the 61.8% Fibonacci projection. Pivot: 72.97 1st Support: 70.37 1st Resistance: 74.21 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets119
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.by TradeNation3
Crude oil may bounce, but $70 is the magnetStocks of crude oil have not changed much since the end of January, in a plateau. That had stopped a losing streak for the WTI light oil contract and boosted a short-term recovery back to technical levels. Geopolitics is a bearish factor, as US-Russia talks may create expectations of lifting some sanctions, so in a medium-term, Crude oil would probably stay around $70. Technically, USOIL is moving in a correctional upswing having driven by the stagnating stocks in storage, colder weather and technically oversold condition: the price is consolidating below the 20 and 50 moving averages, and the next selling wave may be expected above static areas of resistance of $71 and $71, after which it may again pursue to $70 area as shown at the chart. Don't forget to always do your own reserch and manage your risk!Longby Stanislav_Bernukhov_Exness1
OIL Short Term RecoveryFor the next few days, I expect a recovery of oil price targeting blue resistance around 74.50 This is supported by: - Bullish RSI divergence in the recent low - No RSI divergence on the recent high - Break of green descending trendline.Longby Stoic-Trader1
US OIL AnalysisTechnically, seeing the 30-minute time frame chart USOIL breaks the uptrend and I am planning a Short/Sell position in it when it retraces to its supply area marked on the chart. You guys can manage your risk accordingly.Shortby adilkhan442
USOIL Will Go Down! Short! Here is our detailed technical review for USOIL. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 7,215.2. The above observations make me that the market will inevitably achieve 6,999.3 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider113
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 71.7Longby JAKE_T05
WTI Oil H1 | Falling to 61.8% Fibonacci pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 72.29 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 71.55 which is a level that lies underneath a swing-low support. Take profit is at 73.34 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.Long03:08by FXCM1
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. Longby financialflagship3
Oil on the rise!?Recent COT data shows a decrease in short interest from commercial money, potentially signaling a shift in sentiment. Seasonal trends also support a bullish outlook for oil, with historical data indicating a strong price rise between February 7 and March 5. Over the past 34 years, oil has gained 69.7% of the time, with an average increase of 4.79%. From a technical standpoint, the price has broken higher from a corrective channel, suggesting further upside potential. A move toward the early 2025 highs of 80.44 could be on the cards. A breakout above this level would confirm a large bottom formation, paving the way for further gains in the months ahead. Trade setup: Buy on dips to 72.26, with a stop loss at 69.90, targeting a move to 80.44.Longby Signal_Centre112
USOIL BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! USOIL pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 69.64 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅ Shortby EliteTradingSignals228
Black GoldFor oil producing countries, the oil charts ain't looking good either, although price has been in a range since 2023 till date, however if price breaks the $66/barrel mark and holds... we coming to $53/barrel Hopefully this doesn't go as the chart says... this can affect a full economy 🤔, let's seeShortby BIG_WILz1
WTI OIL - USOUSDShort-term outlook: Downward trend: Right now, there are signs that oil prices could drop, mainly due to weaker global demand and potential overproduction of oil. Citi predicts that without deeper OPEC+ production cuts, prices could fall to $60 per barrel by the end of 2025. Upward trend: However, OPEC+ might take action to reduce production if prices continue to fall, aiming to keep prices higher, as they’ve done in the past. Also, geopolitical factors could cause temporary price spikes. Bottom line: There's no strong signal that prices will rise consistently in the short term, but a rebound is possible if geopolitical events or OPEC+ decisions push the market up. However, the trend seems more likely to be downward for the next few weeks.by Generazione_X1
USOIL - high placed? whats next??#USOIL... market just placed a high and if market hold it in that case we can see a drop from here. don't be lazy here guys. stay sharp good luck trade wiselyby AdilHussain731333114
WTI Oil Trade IdeaWTI oil has reached a key support zone and appears overextended on the four-hour chart. I'm considering a counter-trend scalp, as demonstrated in the video. This is not financial advice.02:21by fxtraderanthonyUpdated 222
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 Long05:24by BlueOceanFxAcademy4
Oil Tariff Problems – Breaking Lower From a Sideways Range?In a previous post on Oil from December 9th (please take a look at our timeline for details) we highlighted that prices were back to an interesting level on the chart. Tests of an uptrend, which had been forming since the September 10th low at 65.63, were being seen as a sideways range in price developed. It was suggested at the time that traders may be watching this support level, as closing breaks below it might expose a more extended phase of price weakness, or if the support held, upside pressures might emerge once more. As we now know, the support level remained intact and a strong price rally was seen up to 81.01, the January 15th session high. However, as impressive as the December/January Oil price strength proved to be, after trading to the 81.01 January 15th highs, there was an equally significant failure of upside momentum, as sellers materialised again. This saw a sharp decline in Oil prices, all the way down to 67.11 the latest correction low posted on March 4th. Now, this last move lower has been in response to concerns about the demand outlook for Oil across the rest of 2025 as President Trump’s tariffs on key trading partners Canada, Mexico and China took effect and were met by retaliatory tariffs back on US goods. The fear is that an escalation of trade wars will negatively impact the global economy, and the ensuring slowdown will see the demand for Oil reduce. Whether it does or not remains to be seen, but Oil prices may remain volatile across the rest of this week as traders receive more tariff updates and start to focus on key US economic data in the form of the US ISM Services PMI, released tomorrow at 1500 GMT, and then the all important US Non-farm Payrolls, which is released at 1330 GMT on Friday. Technical Focus: What is now interesting with the chart above, is that Tuesday is seeing breaks under the support offered by the uptrend, which if confirmed on a closing basis, may in turn suggest the possibility of a more extended phase of Oil price weakness. This type of break lower in price is no guarantee of further declines and much will depend on future price sentiment and trends, but if it does happen, being aware of possible support levels, can be helpful. Technical Update: Potential Oil Price Downside Focus Previous correction lows are often a good place to start, as they have held declines before and seen prices rally, so are potentially areas where buyers maybe found again. With this in mind, 66.75, the November 18th low, or even 65.63, which was the September 10th low, may well be worth watching as possible support levels. Now, if these lower supports do give way on a closing basis, it’s not out of the question from a longer term perspective that there could be potential for an even deeper decline. If this is the case, as highlighted on the chart above, it might prove to be 63.68, which was the May 2023 low, or even 61.91, which was the November 2021 low that could in time come into focus. What if the Support Holds? Now, with so much uncertainty, it is possible that these support levels hold, so having some potential resistance levels to consider if there is a bounce can also be useful. Half of this week’s sell-off stands at 68.84, which if broken to the upside may suggest greater risks for continued Oil price strength. However, as recently proved to be the case when the market recovered into the 68.47 February 20th price high, it was the declining Bollinger mid-average that limited and then reversed the rally back to the downside. So, it could be this mid-average, which currently stands at 70.95, that traders might feel is a more challenging resistance area to overcome. Certainly, it would need to be broken on an upside closing basis, before evidence might turn towards a more extended retracement of January/March price declines. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.by Pepperstone113