USOIL: Respecting support, repeating opportunity The chart on USOIL presents a compelling technical setup that blends structure, behavioral dynamics. The core technical analysis here lies in this support zone that is well-defined area that has been tested multiple times and consistently held, suggesting strong demand.
The narrative structure is o
USOIL declines for the 3 days in a row. What's next?USOIL declines for the 3 days in a row. What's next?
Since the last post the USOIL has already declined on 2.5%, currently rebounding from SMA50 on 4-h chart. 2 main reasons are behind this.
On August 3, the Organization of the Petroleum Exporting Countries and their partners, collectively known
USOILUSOIL price is now testing the support zone of 64.72-63.88. If the price cannot break through the 63.88 level, it is expected that the price will rebound. Consider buying in the red zone.
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Hellena | Oil (4H): SHORT to support area of 61.937 (Fibo lvl).Hello, colleagues!
Well, I think that the previous scenario is still relevant and the “ABC” correction is developing according to the scenario.
At the moment, I see a five-wave structure in the downward wave “C”. I expect a small correction to the area of 67.287, then a continuation of the downward
Oil Faces Bearish Turn After Speculative SpikeOil Faces Bearish Turn After Speculative Spike
Since June 24, 2024, when oil prices reached $64 entered a 38-day bullish correction. Based on the chart, this move appears to be forming an ABC corrective pattern, which may now be nearing completion.
From here, a renewed decline is likely, with pot
Hellena | Oil (4H): SHORT to support area of 65.944.Colleagues, I previously recommended moving trades to break-even, and for good reason. It is always necessary to hedge and reduce losses—this is part of professional work.
(Breakeven=Risk Free: Move Stop loss to the entry level).
The price has nevertheless shown a stronger correction, and I now bel
USOIL 2H – Trendline Break Sell Setup✅ Key Observations:
1. Chart Type: Candlestick chart (2h interval).
2. Trend Line: An uptrend line (red) is drawn, now broken to the downside.
3. Ichimoku Cloud: Price has broken below the Ichimoku cloud, signaling potential bearish momentum.
4. Red Arrow: Indicates a potential short entry po
USOIL Technical Analysis! BUY!
My dear followers,
I analysed this chart on USOIL and concluded the following:
The market is trading on 67.25 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 68.74
About Used Indicators:
A super-trend ind
Crude oil next move (expecting mild bullish move) (08-08-2025)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the mid term (08-08-2025)
Current price- 63.400
"if Price stay above 62.00 then next target is 64.400, 66.00 and 70.00 and below that 58.00"
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wa
WTI Crude key support zone at 6553The WTI Crude Oil remains in a neutral trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 6553 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 6553 would confirm on
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Displays a symbol's price movements over previous years to identify recurring trends.