OIL_CRUDE trade ideas
WTI Crude Oil (USOIL) - Potential Bullish Reversal from Support Technical & Fundamental Analysis:
WTI Crude Oil (USOIL) has reached a strong support zone around $64.84, where buying pressure could lead to a bullish reversal. Based on the 30-minute chart, we observe key technical signals indicating a potential upside move.
Technical Analysis:
✅ Support Zone Identified: Price has tested the $64.84 - $65.00 area, showing signs of demand.
✅ Reversal Confirmation Needed: A bullish candle formation at this level could confirm a bounce.
✅ Supertrend Indicator: Price is currently below the Supertrend resistance but could flip bullish if it crosses above $66.50.
✅ Target Resistance: First key resistance is at $68.53, followed by $70.00+ if momentum continues.
Fundamental Factors:
🔹 Geopolitical Tensions & Supply Constraints – Any disruption in oil supply could trigger price increases.
🔹 OPEC+ Decisions – Market expectations regarding production cuts may impact sentiment.
🔹 USD Strength & Inflation – A weaker dollar or higher inflation data can push crude oil prices higher.
Trade Setup & Plan:
Entry: Around $65.00 - $65.50 after confirmation of reversal.
Stop Loss: Below $64.80 (to protect against further downside).
Take Profit 1: $68.50 (key resistance).
Take Profit 2: $70.00+ if bullish momentum continues.
Conclusion:
If WTI Crude Oil holds above $65.00, a bullish reversal toward $68.50 - $70.00 is likely. However, failure to hold support may lead to further downside. Keep an eye on price action and news catalysts!
Trade Wisely & Manage Risk!
Latest USOIL Trading Signal PlanToday's crude oil opened at $66.34, slightly higher than yesterday's low, indicating that the market has some support around $65. After Wednesday's low of $65.22, the 4-hour chart closed with a positive line with a long lower shadow, showing that bulls have strong defense around $65.
According to the current trend analysis, the price fell from $73.14 to $68.36, a drop of $4.78; it rebounded from $68.36 to $70.60, a rebound of $2.24, and a correction of about 50%. The drop from $70.60 to $65.22, a drop of $5.38, may theoretically have ended, but considering the support of the $65 mark, it may further fall below $65.
The current trend stage may be nearing its end, but the $65 mark has not been effectively broken, and the possibility of further decline needs to be paid attention to. The target below may be in the $64.00-63.00 range.
If the price stabilizes around $65, it may start to rebound, with the target in the $67.00-68.00 range. Short selling is the main method of rebounding during the day. Pay attention to the support effect of the $65 mark. If the price effectively falls below $65, short selling can be pursued, with the target at $63.00-64.00.
Trading is risky and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to buy or sell, pay close attention to my real-time signal announcement or leave me a message so that you can realize the joy of quick profits. FOREXCOM:USOIL FX:USOIL TVC:USOIL
Crude Oil: Is There More Downside?Following crude oil’s rebound from its September 2024 low of $65.20, the risk of a reversal remains uncertain amid ongoing bearish pressures.
Key Events This Week:
Chinese deflation risks
OPEC monthly report
US CPI data
Trade war developments
Potential Scenarios:
🔻 Bearish Scenario:
A clean break below $65 could extend losses toward $63.80, a key level that may determine whether the market holds neutral and rebounds or breaks further into a steeper bearish trend towards $62, $60, and $55 (the 0.618 Fibonacci retracement of the 2020–2022 uptrend).
🔺 Bullish Scenario:
If the rebound sustains above $67, resistance levels at $68.70, $70.80, and $72.50 could come back into play.
- Razan Hilal, CMT
USOIL Analysis – Key Support Zone in Play🔥 #! 🔥
📉 Heavy Selling Pressure Since January
Crude oil has been under strong bearish pressure for months and is now hovering near its major support zone of $65-$67.
📌 Why This Zone Matters?
This level has acted as a strong support 4-5 times in the past 📊
Holding firm for the last 2 years ⏳
High probability of recovery from this zone
💰 Positional Buy Setup:
✅ Buy around current levels 📍
✅ Stop-loss: Below $64.50 (Daily close) 🚨
✅ Target 1: $70 🎯
✅ Target 2: $72 🚀
⚠️ Risk Warning: USOIL is highly volatile, making it risky for conservative traders. If you prefer safety, it's best to stay out of this trade.
📊 Trade with caution and proper risk management! 📈🔥
USOIL: Will oil prices continue to fall? Can I buy it?Dear trader friends, are you still curious whether you can buy USOIL or continue to short USOIL? Listen to Jack's opinion.
USOIL: With the decline of last week's news, the restrictions on the export of oil from Iraq, a major oil country, have led to an increase in market demand, which has led to a rise in short-term oil prices. The news has not been released, and Trump has not continued to mention this matter. Oil is a short-term strategic reserve resource. When the demand in the market rises. Then the rise in oil prices is just a matter of time. In the short term, we need to pay attention to whether the oil price of 67.5-68 can be stable. In terms of trading, it is still mainly buying at low levels.
Personal thoughts, for reference only. If you follow my signals or refer to my suggestions, remember to pay attention to the real-time notifications within the analysis circle. Convenient for subsequent operations or closing positions.
USOIL Will Go Higher From Support! Buy!
Take a look at our analysis for USOIL.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 67.18.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 70.05 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!
WTI Oil H4 | Rising into overlap resistanceWTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 68.46 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 70.70 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance.
Take profit is at 65.20 which is a swing-low support.
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BUY USOIL/XTIUSDXTIUSD making a bullish trend with break their last Lower high and retrace from 0.618 level we can buy here for making good profit.
WTI Price Analysis: Key Insights for Next Week Trading DecisionMarket Overview:
📉 WTI at $66.00: Trading defensively near a three-year low amid tariff concerns and OPEC+ output hikes.
📊 Inventory Build: A larger-than-expected US crude inventory build (up by 3.614M barrels vs. a forecasted decline) is adding pressure on prices.
⚖️ Tariff Uncertainty: Despite Trump's recent executive order exempting goods from Canada and Mexico under USMCA, overall tariff uncertainty remains a key concern.
🔺 OPEC+ Output Increase: For the first time since 2022, OPEC+ has ramped up production, weighing further on WTI.
Technical Insights:
📉 Descending Channel: The 4H chart shows a clear descending channel. Watch for the potential break of the channel's resistance line to the upside.
🎯 Key Level: Next week, the critical level to monitor is $66.50 – consider a buy if prices break above, and sell if they remain below.
Upcoming Catalysts:
⏰ US Employment Data: Keep an eye on the Consumer Price Index, Producer Price Index, Michigan Consumer Sentiment Index, EIA and API report. A weaker-than-expected report could lift the USD and boost oil prices.
Stay Tuned:
I'll provide a detailed update at the beginning of next week. Follow along for more insights and actionable trading strategies!
#WTI #CrudeOil #OilTrading #OilMarket #CommodityTrading #EnergyMarket #OilPrice #MarketAnalysis #TradingInsights #OPEC
Happy trading!
Disclaimer:
Forex and other market trading involve high risk and may not be for everyone. This content is educational only—not financial advice. Always assess your situation and consult a professional before investing. Past performance doesn’t guarantee future results.
Crude Oil (WTI) Analysis – March 10, 2025
1. Long-Term Range Trading at Key Support
The chart shows that Crude Oil (WTI) has been respecting the green line as a strong support-resistance zone for the past 5+ years.
Previously, this level acted as resistance (2018, 2019, 2021) before a breakout, and since then, it has been tested multiple times as support (2022, 2023, 2024, and now 2025).
2. Support Holding or Breakdown?
Scenario 1: Support Holds (Bullish Case)
If crude oil takes support at this level again, it could see a bounce and attempt to rally higher.
The strength of the bounce depends on volume and global oil demand factors.
Upside targets in case of a bounce: $80-$90 range.
Scenario 2: Breakdown (Bearish Case)
If crude breaks this major support with strong selling volume, it could trigger a major downtrend.
Next support levels to watch: $55-$60 zone.
A break below this range could lead to a deeper sell-off, possibly towards $45-$50 levels.
3. Key Indicators to Watch
Volume: A breakdown should be confirmed with high volume; otherwise, a false breakdown is possible.
Global Factors: Oil prices are heavily impacted by OPEC decisions, geopolitical risks, and demand-supply factors.
Price Action Confirmation: If price forms a bullish reversal pattern (like a double bottom or pin bar) at this level, it may confirm support holding.
4. Conclusion: Decision Point Ahead
Crude Oil is at a critical juncture—either it bounces from this strong support zone or breaks down into a bearish trend.
Traders should wait for confirmation before taking long or short positions.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Trading involves risks, and past performance does not guarantee future results. Always conduct your own research or consult a financial expert before making any trading decisions.
Would you like a detailed technical indicator-based confirmation for entry points? 🚀
Oil - see if my trading plan works, trade only if it works in thHello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
OIL Testing 6 Month LowOIL Testing 6 Month Low
OIL Analysis Yesterday, OIL tested a very strong area dating back six months to September 10, 2024. OIL reached $65 per barrel after a long time.
The market reaction was strong, pushing the OIL price up again to $67.3, an increase of nearly 1.7%.
Impact of U.S. Tariff Policy The uncertainty around U.S. tariff policy is creating concerns about demand growth, while major producers are set to increase output. However, this is not pushing oil prices down at the moment.
It looks like we could see a short-term bullish recovery before it moves down again. The liquidity near $65 should have been high as long as it is rising.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
WTI - High Probability of Continued Downtrend US Light Crude's 4-hour chart suggests a high probability that price will continue with the dominant downtrend and eventually break below recent lows. Currently trading around $67.17, crude oil has been in a persistent decline since late February, forming a series of lower highs and lower lows. The chart's projected path indicates a potential corrective bounce within the blue box area (approximately $68.50-$69.50), characterized by zigzag movements that would likely form a complex correction before resuming the bearish trend. This anticipated bearish continuation targets the horizontal red support line at around $65.77, with potential for moves below this level as indicated by the downward arrow. Recent failed attempts to sustain rallies and the steep decline from the $74.00 area reinforce the bearish outlook, suggesting that any upward movements should be viewed as selling opportunities within the larger downtrend.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
WTIThis chart is focused on short-term ICT analysis, showing liquidity zones, displacement, and market structure shifts.
1. Smart Money Liquidity Grab at 63.59-64.61
This is an Expected Liquidity Pool.
ICT concepts suggest that institutions often engineer liquidity grabs at key support levels before reversing.
The area around 64.61 is a sell-side liquidity sweep, designed to trap retail shorts before Smart Money initiates a bullish move.
2. Market Structure Shift (MSS) at 68.53
A break above 68.53 is a bullish shift, signaling a change in trend.
Displacement with a fair value gap (FVG) around 68.53 confirms momentum.
If price reclaims 68.53, expect Smart Money to target buy-side liquidity at 79.32 and later 91.21.
3. Buying Zone & Smart Money Accumulation (75-77 Range)
Once price reaches 79.32, expect a retracement into the 75-77 range, allowing Smart Money to re-accumulate.
A break above 91.21 unlocks the potential for higher moves, aligning with the higher time frame Elliott Wave 5 targets.
Full Market post NFP Review: Pure Consolidation as expectedEverything seems to be at an inflection point with currencies taking the reigns for profitability 💪🏽 EU/GU are inversing the dollar really well as always with that strong direct correlation. This is why we at Hollywoood Trades believe in market diversity. It is good to understand what should happen and what will be the result of an out of sync indices and metal market vs. the currency direct correlation pairs.
Share with someone in need of strong levels 🎯
$CL_F: Oil forecastIt looks like energy is going to get cheaper after all, over time this can result in stimulus for the economy as prices fall, once they've fallen enough. The effect will be felt with some lag lasting a few months though.
Best of luck!
Cheers,
Ivan Labrie.
WTI Crude (USOil) The Week Ahead 10th March '25Sentiment: Bearish INTRADAY, Price action is consolidating in a tight trading range.
Resistance: Key Resistance is at 6870, followed by 6930 and 7000.
Support: Key support is at 6610 followed by 6540 and 6440.
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3 years supportThe price is once again meeting the support level that has remained unbroken for three years.
At this point, I expect a recovery towards the purple trendline, where there will be a new attempt at a bullish breakout.
The triangle is reaching the apex of compression.
USOIL On The Rise! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The instrument tests an important psychological level 67.00
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 69.38
Recommended Stop Loss - 65.59
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USOIL BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the USOIL with the target of 73.56 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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