Bullish bounce?USO/USD has bounced off the support level which is an overlap support and could potentially rise from this level to our take profit.
Entry: 60.95
Why we like it:
There is an overlap support level.
Stop loss: 60.01
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci projection.
Take profit: 63.27
Why we like it:
There is a pullback resistance level.
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USCRUDEOILCFD trade ideas
Strategic Analysis of Crude OilCurrently, in the daily trend of crude oil, it is temporarily maintaining a range-bound consolidation at a low level. After consecutive periods of oscillation, there are signs that the technical pattern is gradually being repaired. In terms of the large-scale cycle trend, it is likely that crude oil will still have some rebounds.
The short-term support below is around the level of 60.10. It is advisable to mainly go long during pullbacks and go short during rebounds as a supplement.
Oil trading strategy:
buy @ 60.30-60.50
sl 59.5
tp 61.20-61.40
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Daily Analysis of USOILChanges in Crude Oil Supply and Demand:
Demand Side: China imposes tariffs on U.S. crude oil, raising the import cost and reducing the import volume. The United States imposes tariffs on energy imports from Canada and Mexico, affecting the crude oil exports of these two countries to the U.S., reducing the demand for crude oil in the United States and putting pressure on the price of USOIL 😟.
Supply Side: After China reduces its imports of U.S. crude oil, it increases imports from other exporting countries, changing the global crude oil supply pattern and possibly strengthening the expectation of a supply surplus. The decrease in U.S. crude oil exports may lead to an increase in domestic inventory, exerting downward pressure on the price of USOIL 😣.
💰💰💰 USOIL💰💰💰
🎯 Sell@61.0 - 61.2
🎯 TP 59.5 - 59.5
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USOIL MARKERT ANALYSIS AND PRICE PREDICTIONUSOIL, is currently consolidating at the over sold position, the decision will favor the Bulls, The Bulls will drive the price up to the Bearish Institutional Renegotiation Zone at 79% Premium price of 69.15. There USOIL will consolidate again and drop down in price as the Bear will take over again. Lets go long with them. Entry is now,
Take profit and Stop loss Are clearly Stated on the chat.
GOOD LUCK GUYS!
WTI Oil Inverse Head & Shoulders looking for a 4H MA50 break-outWTI Oil (USOIL) has formed an Inverse Head and Shoulders (IH&S) pattern, which is a technical bottom formation that signals the trend change to bullish.
So far the move is limited by the 4H MA50 (blue trend-line) which has 2 rejections already and is keeping the bullish break-out from happening.
If the market closes a candle above the 4H MA50, we will have a bullish confirmation signal. Our Target will be the 1.618 Fibonacci extension at $69.00 and not higher, because the long-term trend is limited by the wider Lower Highs trend-line of January.
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USOIL Today's strategyCurrently, USOIL is fluctuating within a range without a clear directional bias. If it stably breaks through the range of $63 to $64, it is highly likely to continue rising. Conversely, if it fails to break through, it may trigger a decline towards the range of $59 to $57.
USOIL
sell@63-62
tp:60-59
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.
WTI CRUDE OIL: Channel Down bottomed. Buy opportunity.WTI Crude Oil is heavily bearish on its 1D technical outlook (RSI = 38.039, MACD = -2.310, ADX = 38.046) as it is trading inside a Channel Down for more than 1 year. Last week's low has made a technical LL at the bottom of the pattern and the current consolidation indicates that this may be an attempt to initiate the new bullish wave. The 1D RSI recovered from being oversold previously and this potentially hints to a rebound over the 1D MA200. The last bullish wave crossed above the 0.618 Fibonacci marginally. Trade: long, TP = 71.00.
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Choose to go short at high levels for crude oilThe price of crude oil is still fluctuating within a range and lacks clear directional momentum. The outlook remains bearish until it breaks through the $63.70 mark or there are clear factors stimulating demand. In the short term, the trend of oil prices is likely to remain confined to the current range. In terms of trading suggestions, it is advisable to mainly go short and go long as a supplement.
Oil trading strategy:
sell @ 61.90-62.10
sl 62.80
tp 61.20-61.00
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Crude Oil Holds Rebound Above $55Crude oil's sharp rebound from the $55 support—aligned with the 0.618 Fibonacci retracement of the 2020–2022 uptrend—faced immediate resistance at the long-standing support-turned-resistance zone around $63.80, established in 2021.
A decisive move above $63.80 may clear the way for further gains toward $66, $68, $69.60, and ultimately $73. On the downside, a drop below $58 would bring $55 back into focus.
A clean break below that level could trigger further downside toward $49 per barrel, which aligns with the lower boundary of crude oil's long-term uptrend.
With global powers competing for oil, key events this week include:
🔹 OPEC report amid tariffs and efforts to regain market share
🔹 US–China trade talks
🔹 Chinese GDP, IP, Retail Sales (Wed)
Written by Razan Hilal, CMT
USOIL Today's strategyCurrently, USOIL is in a stage of a tug-of-war between bulls and bears. Fundamentally, it is being pulled in two directions by geopolitical risks and weak demand, while technically, it shows a pattern of oscillating and converging. It is recommended to focus on range trading, pay close attention to the breakthrough situation of the resistance at $62 and the support at $57, and adjust the position flexibly.
USOIL
sell@62-63
tp:60-59
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.
USOIL Chart Overview:
WTI Crude is trading around 61.44, consolidating inside a key resistance zone near62.00. After a strong bullish impulse, price has stalled under this resistance, forming both bullish and bearish paths, highlighting a conflicting market structure
Key Discrepations Identified:
1. Bullish Momentum vs. Resistance Reaction
- Expected: Continuation to 64+ after breakout.
- Reality: Price is struggling below resistance, rejecting upper boundary multiple times.
- Discrepation: Bullish momentum is slowing, and repeated rejections are exposing potential reversal pressure.
2. Volume Strength vs. Breakout Potential
- Volume d…
- Visually this implies strength, but price is hovering in indecision, neither breaking up nor down convincingly.
- Discrepation: Chart setup shows both bullish continuation and bearish breakdown possibilities, confusing structure
4. Double Scenario Projection
- The projection shows both:
- A bullish breakout to 64.
- A rejection and selloff to 58.
- Discrepation: Market is giving mixed technical signals, suggesting traders should wait for confirmation before committing
Discrepation Summary Table:
| Element | Expectation | Observed Reality | Discrepation | Projection Conflict | Clear trend continuation | Dual projection shown | Market indecision + low conviction |
📉 Conclusion:
While WTI remains inside a short-term bullish structure, the presence of conflicting breakout signals, resistance rejections, and declining volume point toward a discrepation. Traders should watch the 62.00 resistance zone closely. A clear rejection or breakout will resolve this divergence, with downside targeting 58.00, and upside toward $64.00.
Let me know if you'd like a summarized version for a caption or post!
USOIL D1 I Falling from the 61.8% Based on the D1 chart, the price is approaching our sell entry level at 65.24, a pullback resistance that aligns with the 61.8 Fibo retracement.
Our take profit is set at 58.08, a swing low support.
The stop loss is set at 70.39, a pullbac resistance.
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The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
WTI Oil D1 | Approaching a swing-high resistanceWTI oil (USOIL) could rise towards a swing-high resistance and potentially reverse off this level to drop lower.
Sell entry is at 62.71 which is a swing-high resistance.
Stop loss is at 66.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance.
Take profit is at 58.18 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Heading into 61.8% Fibonacci resistance?WTI Oil (XTI/USD) is rising towards the pivot which has been identified as a pullback resistance and could reveres to the 1st support which is a pullback support.
Pivot: 65.90
1st Support: 54.96
1st Resistance: 71.31
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