Looking to short CLCL is starting to show weakness on most of the timeframes for potential continuation of leg down of Daily bearish structure.
Looking for retrace to 15M premium zone for a possible short
WTI1! trade ideas
Crude oil------sell near 64.30, target 60.00-58.00Crude oil market analysis:
Crude oil has been fluctuating recently. Today, we focus on the rhythm and range of its fluctuations. The suppression near 65.30 is successful. The selling trend is downward. Let's sell on the rebound today. Pay attention to the suppression near 64.00. There is still room for selling. The recent data and tariff war on crude oil have not had a big impact on it, so it has been hovering.
Crude oil market analysis:
Crude oil has been fluctuating recently. Today, we focus on the rhythm and range of its fluctuations. The suppression near 65.30 is successful. The selling trend is downward. Let's sell on the rebound today. Pay attention to the suppression near 64.00. There is still room for selling. The recent data and tariff war on crude oil have not had a big impact on it, so it has been hovering.
Operational suggestions
Crude oil------sell near 64.30, target 60.00-58.00
CRUDEOIL MCX MOMENTUM CATCHThis Chart is only for educational purpose. Do your own analysis before taking any trading decisions.
Short CL, RR 1:11Setup: Short trade based on a potential liquidity grab.
Trade Setup:
Short Entry: 63.68.
Stop Loss: 64.18 (a reasonable stop above the liquidity grab zone to account for potential fakeouts).
Risk-Reward Ratio: 1:11, which suggests a highly favorable trade setup if the target is achieved.
For Educational purpose only.The primary objective of the trading strategy is to generate consistent returns while managing risk effectively. Define whether you are trading for short-term profits, long-term growth, or a combination of both.
Possible upward pullbackCrude oil is on a bearish trend based on higher timeframes but is currently showing bullish pressure as a potential pullback. The potential upward pullback may try to retest the 70.0 barrier. Breaking further and settling above the 70.0, may see a rise towards resistance barriers between 71.00 and 73.00 as potential bearish sell zones.
Crude oil---sell near 62.00, target 60.00-59.00Crude oil market analysis:
The crude oil pattern shows that it is starting to hover at the bottom. Continue to sell when it rebounds. If the 65.30 position is not broken, you can stick to the bearish idea. The recent tariffs and fundamentals of crude oil make it difficult to rise, and the previously announced inventory data has also increased a lot. Crude oil rebounds to 62.00 today and can be sold. If it breaks, the next selling position is around 63.80.
Fundamental analysis:
There are not many data this week, but there are still many fundamentals. Note that the market will rest on Friday this week, which is Good Friday.
Operation suggestions:
Crude oil---sell near 62.00, target 60.00-59.00
Crude oil---sell near 64.00, target 62.00-60.00Crude oil market analysis:
Crude oil has been falling recently. Under the pressure of tariffs, the decline of crude oil is very large. In addition, the previously released crude oil inventory data also shows its weakness. The weekly line closed with a cross star, and the lower shadow is very long. The possibility of a unilateral decline in crude oil this week is small, and the possibility of fluctuations is greater. The position of 65.30 is its suppression. Look for selling opportunities in the Asian session of 63.50-65.30 today. The other 58.00 of crude oil is support.
Operational suggestions:
Crude oil---sell near 64.00, target 62.00-60.00
Go Long: Crude Oil's Undervaluation Signals Potential Upside Nex- Key Insights: Crude Oil is facing bearish pressures, but inventory analysis
reveals significant undervaluation, with an implied fair value of $92.
Seasonal trends and insider confidence in energy stocks further support
potential upside. Watch for geopolitical developments and OPEC actions that
might influence price movement.
- Price Targets:
- T1: $63.50
- T2: $64.94
- S1: $60.50
- S2: $60.00
- Recent Performance: Crude Oil prices closed below key support levels after a
consistent downtrend due to geopolitical tensions and recession fears.
Speculative positions remain at historic lows, reflecting widespread market
pessimism despite valuations and long-term prospects in the energy sector.
- Expert Analysis: Analysts highlight undervaluation driven by commercial
inventory data. Electric vehicle adoption is steadily reducing oil demand,
yet insider buying in Canadian energy stocks reveals confidence in a
recovery. Geopolitical risks, including Iranian sanctions and SPR refill
speculation, might temporarily impact price volatility.
- News Impact: OPEC's surprise production hikes have balanced market pressures
between bullish and bearish forces. Uncertainty in energy policy and delayed
CapEx decisions could limit medium-term production. Canadian elections could
further drive sentiment if pro-oil policies emerge post-election.
COT report showing big players buying oil for the coming weekafter reading the COT report/ and oil hitting heavy lows from last week.
COT report is showing big institutional players are buying oil for the coming week.
as we can see, buyers have already entered the market. we may get a pullback down to
57.0000 area before a push up, looking to take profit around 67 /68.00000 4 hour support
areas.
I've Cracked the BULLISH Code in Crude Oil Using COTCrude oil is setup for longs based on fundamental conditions underlying the market place.
Crude oil------sell near 63.00, target 60.00-57.00Crude oil market analysis:
The recent daily crude oil line is still not very strong. There was a rebound, but it was just a rebound. Gold rose strongly, but crude oil did not rise strongly. Yesterday's crude oil also ran down slightly. Today's crude oil is still around 63.00 and 65.00, which are opportunities to consider selling. If it continues to decline and stabilizes around 57.00, buy it back. Crude oil does not reflect the fundamentals so strongly.
Fundamental analysis:
The CPI announced yesterday did not have a big impact on the market, but the data difference was still relatively large, and the result was -0.1%. The bulls only rose slightly. The bottoming out and rebound of the US stock market was mainly due to Trump's withdrawal of some tariff policies.
Operational suggestions
Crude oil------sell near 63.00, target 60.00-57.00
Crude oil-----Buy near 65.00, target 62.30-60.00Crude oil market analysis:
Recently, crude oil has also fluctuated greatly due to the influence of fundamentals. It started to rise rapidly yesterday, and the daily line closed with a standard big hammer candle pattern. Today, we rely on the 65.20 position to buy. We can also consider buying when it falls back to a small support. Today's crude oil trend is bearish, and short-term buying and selling are both possible. The current fundamentals have basically not changed the selling of crude oil. In addition, there will be EIA crude oil inventory data tonight. Today's crude oil is expected to fluctuate greatly. Consider selling it when it rebounds to 65.00 in the Asian session.
Fundamental analysis:
Tariffs are the biggest fundamentals in the near future, and the market impact is relatively large. Today we focus on CPI data and crude oil inventory data.
Operation suggestions:
Crude oil-----Buy near 65.00, target 62.30-60.00
CL Swing Long Trade idea based on supply and demand, intermarket analysis and cross market valuation. Following a structured approach with clear entry, risk management, and confluence factors.
The quinquennial Bear Trap: Oil’s Next Leg DownIn this video I cover the potential for oil to trade down into the 55 $ range and what confluences we have at this price region .
Please support with a boost and I welcome any questions
The quinquennial Bear Trap Update Crude Oil Futures Update on the video I posted 5 days prior , giving a heads up about the Quinquennial pivots at 55 USD .
Congrats if you took this trade as it was a big one ! Support my work with a like and any comments I welcome beneath the video .
Crude oil-----sell near 61.00, target 69.00-67.00Crude oil market analysis:
Tariffs have been increased again, and crude oil continues to fall sharply. It is difficult to change the short-term selling of crude oil. In addition, data and fundamentals all suppress it. Today's crude oil can continue to find selling opportunities. The crude oil pattern shows that the possibility of a big rebound is small. We pay attention to the suppression position of its moving average, which has dropped to around 61.80. This position is also the high point of yesterday's rebound. Today's idea will rely on this position to sell it. The first suppression of crude oil is around 59.30, and the strong pressure is 61.80.
Fundamental analysis:
The tariff war continues to affect the market, and buying and selling have begun a big game. We will pay attention to CPI later, and there will be crude oil inventory data today.
Operation suggestions:
Crude oil-----sell near 61.00, target 69.00-67.00
CL ready for new move upBased on time fib and Feigenbaum constants, CL is closing in on the bottom for this swing, expected within marked timezone. The swing highs/lows follows the Feigenbaum projections for the last few swings. I expect a dip below $57 before a new run higher, at least to $72-73.
crude oilPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
Oil Futures Moving into Bear Market?Oil futures recently broke down from a long-term wedge, following a failed breakout at the start of the year, and a recent death cross of its 50/200 weekly EMAs and MAs.
It looks to flip long-term bearish here unless we see a rapid recovery of the wedge, the EMAS/MAs and a subsequent breakout.
It could lose half its value or even 2/3rds if it hits TP 1 and then TP 2 over the next weeks and months to come.
Crude oil-----sell near 63.70, target 62.00-60.00Crude oil market analysis:
We continue to be bearish on crude oil today, and continue to sell on rebounds. The position of 63.80, which was pulled up last night, is today's major suppression position. This position is a selling opportunity. Crude oil has not broken the previous low point, but it will have a big bottom shock and a big repair after the data is over. Today's crude oil will wait for the opportunity to sell. In addition, the recent data on crude oil also suppresses it. Crude oil has not effectively stood on the major pressure before, and the short-term rebound is just a rebound. The weekly trend is still bearish.
Fundamental analysis:
The US tariffs on the world are still brewing, which has also led to a sharp drop in global stock markets, and the market is not optimistic about expectations. Later this week, we will focus on the heavyweight CPI data.
Operation suggestions:
Crude oil-----sell near 63.70, target 62.00-60.00
Light Crude Oil (CL) is Targeting Further Declines in the Near TLight Crude Oil (CL) has exhibited a downward trajectory since reaching its high on January 16, 2025, with indications suggesting further declines ahead. The descent follows an incomplete bearish pattern, structured as a double three Elliott Wave formation. The initial decline, termed wave W, concluded at 65.22, followed by a recovery to 72.23, designated as wave X. The price has since resumed its downward movement in wave Y, characterized by a zigzag pattern.
From the wave X peak of 72.23, the price fell to 69.27, marking the end of wave (i), then rose to 70.15 in wave (ii). The decline continued in wave (iii) to 60.45, followed by a recovery in wave (iv) to 63.20. The final segment, wave (v), concluded at 58.95, completing wave ((a)). A subsequent rise in wave ((b)) reached 63.90, after which the price resumed its descent in wave ((c)). For this downward trend to solidify, the price must fall below the 58.95 level established by wave ((a)). Otherwise, a potential stabilization or reversal remains possible.
In the near term, as long as the 72.23 high remains intact, any upward movements are expected to lose momentum—potentially after 3, 7, or 11 incremental rises—leading to further declines.
