CL, Mar 21, 2025Looking for a long opportunity if NYMEX:CL1! displaces through the March 18th equal high and retraces back to it.
Targetting monthly open and Weekly Avg Expansion Level.
Contract highlights
CrudeOil Breakout or Reversal?📈 CRUDEOIL – 1 HOUR TIMEFRAME ANALYSIS
CrudeOil is currently testing a key resistance zone near 5995–6000. Price action has respected the rising trendline, and the structure looks poised for a breakout or rejection move.
🔍 Two Possible Scenarios:
🔹 Bullish Breakout Above 5995 If crude sustains ab
Crude Oil Technical Outlook Crude Oil has once again found support near the $65 area, initiating a modest rebound. This bounce may extend toward the $72 level, which I view as a potential area of interest for initiating a short position.
Should price action reach that zone, I would look to enter short with a defined target ra
WTI Crude Oil Trade Plan: DOE Release NYMEX:CL1!
In this tradingview blog, we go over our technical setup and trade idea for Crude oil.
It is important to note we also have DOE inventory numbers coming at 10:30 ET.
Once the release has settled in, the trade idea can be framed using either of our two scenarios.
Scenario 1: Liquidi
Crude oil-----sell near 69.00, target 67.00-66.00Crude oil market analysis:
Recently, crude oil has been hovering at the bottom. There are short-term stabilization signals, but it is basically difficult to turn around if you don't buy at 70.00. Today's idea is still bearish. Crude oil is sold regardless of weekly or short-term. Today's idea is sti
Lots of Market activity and multiple markets . August 27th 2025 gold and silver looked like their breaking higher and I believe silver was the clue for gold and silver to go higher..... and I explained that in the video. I looked at a number of other markets including oil and Tesla and coffee
Crude Oil update in weekly chartThere is nothing I can add to my last published idea of CL1 except the pattern of y. It make sense that wave y makes a flat instead of zigzag which I guessed. Anyway, there is no matter and I am waiting for a reliable correction.
Thanks
oilCrude Oil
- Completed " 12345 " Impulsive Waves
- Break of Structure
- Support Level
- Falling Wedge in Long Time Frame
- RSI - Divergence
- Change in Characteristics
Crude Oil Market Insights: A Bullish Perspective on Price MovemeThe crude oil market continues to demonstrate resilience, with recent price action revealing intriguing patterns that warrant close attention from investors and traders. At the current juncture, crude oil has successfully found critical support at the $66 level, a development that aligns precisely w
Crude oil ------- sell around 70.00, targeCrude oil market analysis:
Yesterday's crude oil daily line closed with a big positive, is it a buying opportunity? In fact, looking at the pattern, it has been hovering at this position for a long time, and the short-term is basically a snake. If the position of 70.00 is not broken, it is difficult
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Frequently Asked Questions
The nearest expiration date for Crude Oil Futures (Apr 2025) is Mar 20, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Crude Oil Futures (Apr 2025) before Mar 20, 2025.