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Oil - Crude (WTI)

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OIL_CRUDE trade ideas

USOIL CAUTION! BREAK - TEST - GO!This is my new updated chart of Oil. Trump's "Drill baby Drill" interfering with the free market is the absolute worst thing he could do. His ridiculous tariffs will put us in an economic depression! Oil prices are driven by demand! As I have mentioned here on TV so many times before! Increasing supply while heading into a recession is the dumbest thing possible! You never want to consume your own oil when you can consume others first! Simultaneously, F your own nation's oil company's profit margins and gov tax revenue! This is why we shouldn't put toddlers as POTUS! Anyway!!! This is a break test go! setup! If you haven't seen it before, here is an example I recently posted with AAPL. Click Boost, follow, subscribe! Let's get to 5,000 followers so I can help them navigate these crazy markets too. ))
TVC:USOILShort
by RealMacro
1
WTI Crude 23-Apr 2025WTI showed some move up after some headlines related to sanctions imposed by the US on Iran. Potential scenarios to monitor: • The inability to sustain a move above the $65 level may suggest that bullish momentum remains limited, which could potentially open the door for a revisit of the previous support area near $55. • A confirmed move and stabilization above the $65 mark may indicate scope for a continued recovery toward the $72 area. • Around the $72 level, price action may face a decision point — a lack of further upward momentum could see a pullback toward $65, while sustained buying interest might support a move toward the $80 area. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. 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. easyMarkets 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.
EASYMARKETS:OILUSD
by easyMarkets
Oil on high time frame "Regarding WTI oil, the price trend on high time frames is bearish, especially on the daily chart. After completing its pullback on the 4-hour chart, there are indications of further downside potential. The market's volatility may be influenced by geopolitical tensions and political factors between Iran and the USA, as well as tariff issues. Despite these fluctuations, candle formations suggest the potential for prices to drop towards the $58 zone." If you require more assistance or have any specific questions, feel free to ask!
OANDA:WTICOUSDShort
by somayehbasiri
USOIL Will Move Higher! Long! Take a look at our analysis for USOIL. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 63.114. Taking into consideration the structure & trend analysis, I believe that the market will reach 68.050 level soon. 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILLong
by SignalProvider
1
Potential bullish rise?WTI Oil (XTI/USD) has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance. Pivot: 62.09 1st Support: 58.07 1st Resistance: 66.63 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.
ICMARKETS:XTIUSDLong
by ICmarkets
WTI Crude Oil oversold bounce back resistance at 6600WTI Crude Oil is showing bearish sentiment, in line with the current downtrend. Recent price action appears to be an oversold bounce back. A break below a key consolidation zone, could add pressure to the downside. Key Levels: Resistance: 6600 (former support, now resistance), 6670, 6750 Support: 6323, 6165, 6045 Bearish Outlook: Price has broken below 6600, which was a key intraday consolidation level. If WTI sees a short-term bounce but fails to break above 6600, it could resume its downward move toward 6323, then 6165, and possibly 6045 over time. Bullish Scenario: If WTI breaks above 6600 and closes above it on the daily chart, the bearish setup would be invalidated. This could open the door for a short squeeze rally toward 6670, then 6760. Conclusion: The trend remains bearish below 6600. A rejection at this level would reinforce the downside bias. However, a confirmed break and daily close above 6600 would shift the outlook to bullish in the short term. 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.
TRADENATION:WTI
by TradeNation
Crude Oil Tests Critical Support Level at $65.10FenzoFx—Crude Oil is consolidating below the $65.10 resistance, trading around $64.30. The price remains above the 50-period SMA on the 4-hour chart, confirming a bullish trend. However, the Stochastic Oscillator crossing above 20 signals overbought conditions, suggesting a potential pullback. If oil stays below $65.10, a bearish wave could follow, targeting $62.31 and then $61.75. Bullish Scenario: A close and stabilization above $65.10 could trigger the uptrend, targeting $67.60. >>> No Deposit Bonus >>> %100 Deposit Bonus >>> Forex Analysis Contest All at FenzoFx Decentralized Forex Broker
TVC:USOILLong
by FenzoFxBroker
Crude Oil Breaks Out — Is $65.5 the Next Wall?Price started its bullish move in the first week of April, and since then, it’s been making higher lows. Today’s candle broke cleanly above a key trendline, and price is now heading toward the $65.5 resistance, which could act as a critical decision zone. Key Levels: - Support: Around $63.2 - Resistance: $65.5 (next major wall) - Setup: Trendline Breakout What I’m Watching: When price gets to 65.5, I’ll be looking for: - A strong breakout (maybe even retest + continuation) to hold my buy - Or a clear rejection to scale out or re-evaluate I’m staying patient. I’ve picked my setup and I’m sticking to it — no jumping around. Let’s see how this plays out. Cheers! pClem Trades
VANTAGE:USOUSDLong
by clementoyinlola
Market Analysis: WTI Crude Oil Rebounds in TandemMarket Analysis: WTI Crude Oil Rebounds in Tandem WTI Crude oil prices climbed higher above $60.00 and might extend gains. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude oil prices started a recovery wave above the $60.00 and $61.50 resistance levels. - There was a break below a connecting bullish trend line with support at $63.00 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price started a recovery wave from $58.40 against the US Dollar. The price gained bullish momentum after it broke the $60.00 resistance and the 50-hour simple moving average. The bulls pushed the price above the $61.50 and $62.00 resistance levels. The recent high was formed at $64.20 and the price started a downside correction. There was a minor move below the 23.6% Fib retracement level of the upward move from the $59.87 swing low to the $64.18 high. There was a break below a connecting bullish trend line with support at $63.00. The RSI is now below the 50 level. Immediate support on the downside is near the $62.0 zone or the 50% Fib retracement level of the upward move from the $59.87 swing low to the $64.18 high. The next major support on the WTI crude oil chart is near the $61.50 zone, below which the price could test the $59.90 level. If there is a downside break, the price might decline toward $58.40. Any more losses may perhaps open the doors for a move toward the $56.20 support zone. If the price climbs higher again, it could face resistance near $64.20. The next major resistance is near the $65.00 level. Any more gains might send the price toward the $68.50 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XTIUSD
by FXOpen
1
Concerns about demand limit the upside potentialDriven by the U.S. sanctions on Iran's oil exports, crude oil rebounded in the short term. OPEC has received updated compensation production reduction plans from eight countries (reducing daily oil production by 305,000 barrels until June 2026), coupled with the U.S. intention to reduce Iran's energy exports to zero. The recent oil price rally is primarily driven by short-term news, reflecting supply disruptions and sentiment repair rather than fundamental improvements. Although U.S.-Iran sanctions and OPEC quota adjustments may trigger periodic tensions, escalating global trade concerns and institutional downward revisions to demand forecasts will limit the upside of oil price rebounds. USOIL buy@62-63 tp：64-65 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
TVC:USOIL
by H_C_12
OIL Approaching Critical Resistance –Will Bulls Hold Control?🔍 Price has broken above the 62.94 resistance and is now approaching the 65.75 resistance. Momentum is bullish, but the next move depends on how price reacts at this level. 📌 Marked Zones: • Resistance: 65.75 ❌ | 68.70 🔼 | 71.88 🔼 • Support: 62.94 ⚠️ | 59.17 🔽 | 55.15 🔽 📈 Scenarios: • Bullish Bias: A clean break and retest above 65.75 could open the way to 68.70. • Bearish Bias: Rejection from 65.75 or failure to hold above 62.94 may lead to a drop toward 59.17. 📘 This is not financial advice. Always trade your plan.
EASYMARKETS:OILUSD
by SPOT_FX
Recent correlation breakdown between $USOIL and $DXYUsually, market watchers will say if the Dollar index TVC:DXY is down then commodities like Crude Oil and Gold should outperform. But recent market events have invalidated this assessment. Since 2022 we see that there is a correlation breakdown between TVC:USOIL and $DXY. These 2 indexes have been moving in tandem recently. In 2025 we saw a massive sale in the TVC:DXY and a similar downturn in the US Dollar index. With TVC:DXY below 100 and TVC:USOIL recently below 60 $, these 2 indexes are clearly indicating a US recession with low Oil demand. IN this chart we see that the next key support levels in TVC:USOIL is 54 $. If we go below 54 $ then the next level to watch will be 35 $. That will be a recessionary scenario last seen during COVID lows. That can bring down the TVC:DXY to 90 levels. All those will indicate a deep recession which is not my base case scenario. My assessment we will see TVC:USOIL @ 55 $ and TVC:DXY @ 95 and then we will hover around those levels. Verdict: TVC:USOIL can touch 55 $ if TVC:DXY touches 95.
TVC:USOILShort
by RabishankarBiswal