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US Crude Oil CFD

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USCRUDEOIL trade ideas

Oil prices still face systemic downside risks.Although the geopolitical situation in the Middle East (the conflict between Israel and Iran) may support oil prices in the short term, market sentiment is still dominated by supply pressure. Technically, WTI has broken below the key support level of $60. The MACD death cross and the oversold RSI suggest that the bears are in the dominant position, and the next support level is expected to be $54.80. Barclays Bank has lowered its price forecast for Brent crude in 2025 to $66. Weak demand and the expectation of the resumption of shale oil production in the United States further suppress the medium - term trend. you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel. Trading Strategy: sell@58.8-59.1 TP:57.6-58.1
TVC:USOILShort
by HilaryBloomer
What adjustments will be made to oil prices?If traders don’t know how to trade, they can refer to the strategy of the Swing Trading Center. Earlier, it was announced to sell at 57.24. The lowest price reached around 56.3, and now the oil price has returned to 57.24. How to trade? If you are also confused, you can refer to the views of the Swing Trading Center. At present, the supply of oil prices exceeds the demand, and some oil-producing countries will continue to increase the production of oil prices. The market has never recognized that oil will become a slow-selling product. Oil prices can be allowed to fall. But oil is not allowed to have no production capacity. I like this sentence. Oil prices are expected to be mainly adjusted in the short term. The clear trading instructions have been announced in the Swing Trading Center. Stay tuned. Prevent missing good trading opportunities.
TVC:USOILShort
by Band_analysis
Crude oil, still bearishAs global supply increases and macro risks rise, the price downside range reappears. If tensions in the Middle East escalate further, it may cause market volatility. The original trend of rising first and then falling today, after the downhill new low, the rise continued, and there was pressure at 57.7. It is expected that there will be shocks and then declines. The original trend is still in a bearish trend, so we consider shorting as the main. Pay attention to the 57.7 resistance and 55.5 support.
TVC:USOILShort
by JoshuaEmmie
After a period of fluctuation, it will continue to decline.WTI crude oil has recouped part of the decline from the sharp drop at the start of this week. It was quoted at $57.55 per barrel during intraday trading. OPEC+ has unexpectedly increased production again, and WTI crude oil has continued the bearish trend that has gradually taken shape since March. With the increase in global supply and the rise in macro risks, the downward price range has emerged once again. If the tensions in the Middle East escalate further, it may trigger market volatility. The eight core member states of the organization, led by Saudi Arabia, have agreed to increase daily production by 411,000 barrels in June, which is the same as the unexpected production increase in May. The cumulative production increase now exceeds 800,000 barrels per day, marking an important step towards canceling the target of the voluntary production cut of 2.2 million barrels per day that has been promised since 2022. Crude oil showed a trend of rising first and then falling today. After breaking through a new low, the upward movement continued. It faced resistance after reaching you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
TVC:USOILShort
by HilaryBloomer
Oil is Doomed: Time to SELL (Part 2/3)Drill, Baby, Drill & Trump’s Oil Pressure 🇺🇸 Trump’s Oil Agenda Trump wants cheap oil to bring down inflation and interest rates. His rallying cry? *“Drill, baby, drill.”* That means: more drilling, more refining, more pipelines → more US oil flooding the global market. 💼 MAGA & Low Oil Prices Trump believes cheap oil = strong economy . He also wants to pressure OPEC and Saudi Arabia to cut prices as a way to end the Russia-Ukraine war. Flashback: In 2020, oil went negative ($-40!) when Saudi and Russia ramped production. History may rhyme again. ⚠️ Demand Problems OPEC, IEA, EIA, Rystad — all lowering demand forecasts for 2025. Even the most optimistic see demand growth at 1.2 million bpd , down from 1.85. And that’s before green energy kicks in harder: 🔋 Solar & wind are now cheaper in 96% of the world. 🌍 Renewables are eating into fossil fuel demand.
BLACKBULL:WTIShort
by KenJi_Indicator_2
USOIL is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
OANDA:WTICOUSDShort
by thegoldenbear
WTI TRADE IDEAhello everyone From the previous oil movement, the entry at 58.52 moved up by 80 pips before hitting breakeven. For the upcoming open market, if the trendline and support or resistance break out as shown on the M30 chart, it could signal an opportunity to enter the market. Ensure strong confirmation before acting, and keep an eye on shifts in market structure. Thanks a lot for your support & best of luck **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
TVC:USOIL
by mytw0cents
Analysis and Layout of Crude Oil at the Opening of the MarketThe international crude oil market has experienced intense fluctuations. Both Brent crude oil and West Texas Intermediate (WTI) crude oil have recorded significant declines, dropping by 8.31% and 7.58% respectively. The expectations of OPEC+ production increase, the trade concerns triggered by Trump, and the market's risk aversion sentiment due to the global economic slowdown have become the key factors dominating the trend of oil prices. The crude oil has corrected and broken below the support line, and there is a high probability that the bearish trend will enter a further acceleration stage. After the initial rise followed by a fall, the demarcation line between the bulls and the bears is around 59.4. If it comes under pressure again, it will indicate the continuation of the future trend. The moving average system is in a bearish arrangement, and it is suppressed by the 30-day moving average. Objectively, the short-term trend direction remains downward. Next week, consider taking short positions around 59.4 and expect further decline.
TVC:USOILShort
by HilaryBloomer
Summary of the Crude Oil Market This WeekThis week, the crude oil market witnessed a significant decline. Brent crude oil dropped by a cumulative 8.3%, and WTI crude oil fell by 7.5%. Both recorded their largest single-week declines since the end of March.👉👉👉 OPEC+ convened a production meeting ahead of schedule and planned to discuss the production increase plan for June. The market bets that the probability of a production increase is as high as 70%. Previously, OPEC+ unexpectedly announced in April that it would increase daily production by 411,000 barrels starting from May, which is three times the original planned increase. This move aimed to punish member states that had overproduced oil. If production is further increased in June, it will further intensify the supply pressure on the market. Although the geopolitical tensions in the Middle East region have intensified, such as the postponement of the fourth round of nuclear negotiations between the United States and Iran, which has, to a certain extent, provided support for oil prices, judging from the overall market situation this week, this supporting effect has failed to offset the impact of increased supply and decreased demand. Overall, this week, under the intertwined influence of factors such as increased supply, uncertain demand prospects, and changes in the geopolitical situation, the crude oil market showed a significant downward trend. The market's expectations for crude oil prices are rather pessimistic, and it is expected that crude oil prices will still face certain downward pressure in the coming period. However, if OPEC+ changes its production increase plan, or if there is an unexpected improvement in the global economy, crude oil prices may rebound.
TVC:USOILShort
by Trading_Grorge
Trend is Your friend Took 2 years to understand the above . I kept thinking I knew when the reversals happen and lost over 200k in the process. Still love to trade and one day it will come back even that I know 2 things will make your successful in this game 1 # most important RISK MANAGEMENT 2 # Trend is your friend stick to higer timeframes stop the 1 and 5min charts 3 # Fibonacci is king 4 # trendines and S/R Matter wait for retest 5 # chart patterns is a must for reversal wait for W OR M then Fibonacci it Anyhow you get told all these things as a newbie but takes time to get it through your thick skull not saying I have mastered it . Lastly to all newbies stay away from NATGAS she will either make you or most likely destroy. Forget indicators ! Anyhow else love to trade like me
FUSIONMARKETS:XTIUSDShort
by ctutun79
USOIL – Buyers Might Be Waking UpFrom last week, USOIL dropped aggressively from the 65.27 resistance zone and hit our 57.00 support target — a level we’ve been watching closely. Now here’s where it gets interesting… Current Observation: The 57.00 support seems to be holding strong. We’re starting to see signs that sellers might be losing momentum around this zone. Price has reacted with a bounce, and if it sustains above 57.00, we could see the buyers step back in. What I'm Watching: – A confirmed hold above 57.00 could offer a buy opportunity, targeting to see a break above 59.5 first, then possibly 61.8 – 62.0. – However, if 57.00 breaks, I’ll be shifting bias back to the downside, watching 55.10 next. Key Levels: – Support: 57.00 → 55.10 – Resistance: 59.5 → 62.0 → 65.27 At this point, it's all about how price reacts around 57.00 and 59.50. A bounce and strong close above? I’ll be looking to go long. Failure to hold? The sell pressure might continue. Let’s see how this plays out. Trade safe.
TVC:USOILLong
by clementoyinlola
USOIL trading alerts. Pressure and support.Oil also fell according to instructions. I just forgot to remind you. Sorry, but the profit is quite good. Sell short from 58.7. Then the lowest reached 56.34 But today in the New York market, USOIL rose again above 58. From a fundamental perspective. The market will continue to fall under pressure. But from the trend, we need to pay attention to the support of 58. If it does not fall today, it is likely to continue to fall based on Friday's trend. The pressure level near 59 needs to be paid attention to. In terms of operation, it is still mainly selling at high levels. Always remind trading risks. So don't ignore this. If you don't know how to trade. Remember to wait and see. Don't trade blindly or gamble. Many investor friends know that I have led some investors to create good profits for several consecutive days. If you don't know how to trade, remember to leave me a message and try it. Maybe your profit will double.
TVC:USOIL
by Band_analysis
Oil is Doomed: Time to SELL (Part 1/3)A Perfect Storm for Oil Has Begun The start of April triggered a brutal selloff in oil, and it's only the beginning. Here’s why: 🛑 Global Trade Wars On April 2nd, Trump launched a full-scale trade war. New tariffs could reach 23% — the highest in a century. China, the world’s largest oil importer, now faces 145% tariffs. Global trade slowdown = weaker demand for oil. Result? Oil dropped 10% in just 2 days — one of the worst drops in history. 📉 US at Risk Too Goldman Sachs raised recession odds from 15% to 35%. Atlanta FED sees weakening GDP. The whole world slows down — and so does oil demand. 🛢️ OPEC Surprise Output Hike OPEC+ has started increasing output — over 2.2 million barrels per day in 2025. The April hike alone was supposed to be 138,000 bpd, but turned out to be 411,000 bpd — triple the forecast. This is a MAJOR bearish shock to the market. Flashback: Spring 2020 — OPEC raised output during an economic crisis. Oil dropped 65% .
BLACKBULL:WTIShort
by KenJi_Indicator_2
USOIL... 1D CHART PATTERNHere's my USOIL (WTI Crude) trade setup. - *Trade Type:* Sell - *Entry Price:* 57.74 - *Stop Loss (SL):* 65.54 - *Take Profit (TP):* 51.40 *Quick Risk/Reward Analysis:* - *Risk:* 65.54 - 57.74 = *7.80* - *Reward:* 57.74 - 51.40 = *6.34* - *Risk/Reward Ratio:* 6.34 / 7.80 ≈ *0.81* *Comment:* This setup has a risk greater than the potential reward, which is not ideal. A better trade usually has a risk/reward ratio of at least 1:1, preferably 1:2 or more. You might consider adjusting your TP or SL, or confirming the direction with technical/fundamental analysis.
TVC:USOILShort
by Money_Magnet5
USOIL – Key Levels in Play. Here's What I'm WatchingAfter rejecting the 65.27 resistance, USOIL sold off sharply, dropping to the 59.5 support zone — just as anticipated. This confirms that the market is still respecting key support and resistance levels and trend lines. Current Scenario: Price is sitting around 59.5. If this support holds, we could see a corrective move (buy) back to the 62 region. But that zone is now a strong area of interest — previously a broken support, now likely to act as resistance. Here’s my game plan: – If price pulls back to 62 and fails to break above, I’ll be watching for a sell setup targeting the 57 or even 55 area. – If price breaks and holds above 62 with momentum, then I’ll re-evaluate for possible upside continuation. – Right now, a short-term buy from 59.5 to 62 is valid, but it's riskier. The safer bias remains to the downside until 62 is broken cleanly. So, while buyers might attempt something from current levels, the dominant trend and structure still favor the sellers — especially below 62.
TVC:USOILLong
by clementoyinlola
WTI Wave Analysis – 29 April 2025 - WTI reversed from the resistance area - Likely to fall to support level 58.00 WTI crude oil recently reversed from the resistance area between the resistance level 64.60 (former multi-month low from September 2024), the 20-day moving average and the 61.8% Fibonacci correction of the downward impulse from the start of April. The downward reversal from this resistance started the active short-term impulse wave 5, which belongs to the intermediate impulse sequence from last year. Given the clear daily uptrend, WTI crude oil can be expected to fall toward the next support level 58.00.
FX_IDC:USDWTIShort
by FxProGlobal
Could the price bounce from here?USO/USD is falling towards the support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 59.32 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci retracement. Stop loss: 57.02 Why we like it: There is a pullback support level. Take profit: 62.08 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
WTI OIL Bearish Cross confirming more selling ahead.WTI Oil (USOIL) has been trading within a Channel Down pattern since the December 06 2024 Low. The last Bearish Leg started on a 1D MA200 (orange trend-line) rejection and was confirmed with a 1D MACD Bearish Cross 3 days after. At the moment we have had a 1D MA50 (blue trend-line) rejection and today we will complete a new 1D MACD Bearish Cross. As a result, we almost have a new sell confirmation. Once completed, sell and target $53.50 (-19% from the point of the rejection). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:WTIShort
by TradingShot