Usoil June We are currently at the support zone and waiting for the next daily candlestick close we tell us the emotion of the market.
USCRUDEOILCFD trade ideas
WTI CRUDE OIL: Repeated rejections on the 1D MA50.WTI Crude Oil is neutral on its 1D technical outlook (RSI = 46.483, MACD = -0.530, ADX = 16.270) as it is trading sideways for the past 2 weeks, unable however to cross above the 1D MA50, which along with the LH trendline, keep the trend bearish. Sell and aim for thr S1 level (TP = 56.00). Emerging Bearish Cross also on the 1D MACD.
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Oil Price Stuck Near $60 Amid Geopolitical TensionsOil Price Stuck Near $60 Amid Geopolitical Tensions
Oil prices remain near $60, driven by global uncertainty. In the Middle East, tensions persist as Israel continues its military actions in Gaza. Meanwhile, the war between Ukraine and Russia continues despite U.S. efforts to mediate. Reports indicate that Russia has used North Korean weapons to intensify missile strikes on Ukrainian infrastructure, raising concerns about Moscow’s reliance on Pyongyang.
Adding to the uncertainty, Trump’s tariff policies are creating instability for major economies. However, OPEC+ has pledged to increase oil production in July, which could push prices lower.
For now, $60 remains a strong support level. If the price breaks below this barrier, further declines could follow, as indicated on the chart.
You may find more details in the chart!
Thank you and Good Luck!
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WTI short termFor my opinion long term still is bearish but in short term bullish,now we on strong support zone if we break it down we fall.But i think first we go up area 62+
USOIL SELLERS WILL DOMINATE THE MARKET|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 61.25
Target Level: 56.17
Stop Loss: 64.55
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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WTI Crude Oil – Bearish Elliott Wave SetupOn the 15-minute chart, I’m tracking a corrective rally in wave (ii) heading toward the 0.618 Fib zone (around 62.2–62.3) before the next major leg lower.
🔻 Bearish target: 52.00
📈 Looking for the final push up before confirming downside continuation.
💬 What are your thoughts on this Elliott Wave count?
For more updates and ideas, check my profile bio!
#WTI #CrudeOil #elliottwave #priceaction #technicalanalysis
CRUDE OIL Local Long! Buy!
Hello,Traders!
USOIL is headed towards
A strong horizontal support
Level of 60.00$ and as the
Level is strong we will be
Expecting a rebound and
A local move up after the
Price retests the support
Buy!
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USOIL Today's Trading Strategy Hope this helps you
The situation in the Middle East remains highly tense, with the Iran nuclear negotiations stalled and U.S. sanctions against Iran still in place. The two sides have significant differences on key issues such as nuclear facility inspections and conditions for lifting sanctions. Israel's military threats against Iran's nuclear facilities have continued to escalate, repeatedly stating publicly that it does not rule out launching military strikes against Iran. In the event of a conflict, as a major crude oil producer, Iran's crude oil production and exports would be severely disrupted, and oil transportation routes in the Middle East could also be blocked, creating a huge gap in global crude oil supply. At the same time, the geopolitical rivalry between Russia and Western countries in the energy sector has intensified, and geopolitical conflicts could lead Russia to adjust its crude oil export strategy, further exacerbating supply tensions in the global crude oil market and driving oil prices sharply higher.
Although OPEC+ accelerated production increases by 822,000 barrels per day in May-June, the remaining production capacity of major producers such as Saudi Arabia has fallen below 1.5 million barrels per day, making it difficult to effectively fill the supply gap left by Iran. Moreover, the production increase plan will be completed by October 2025, one year ahead of the original schedule, indicating concerns about long-term weak demand, which could instead undermine market confidence in supply flexibility.
USOIL Today's Trading Strategy Hope this helps you
USOIL BUY@60.5~61
SL:59.5
TP:62~62.5
USOIL – Reclaiming the Energy Narrative | WaverVanir Macro Rever📉 Chart Thesis:
After nearly three years of structural decline from the $129 peak, crude oil (USOIL) is approaching a confluence zone of historic Fibonacci support ($56–$60) and a multi-year descending trendline.
This zone may mark the bottom of a long-term accumulation phase.
🧠 Strategic Perspective (WaverVanir View):
“It’s time to take back our resource. Not just politically—but economically, institutionally, and structurally.”
WaverVanir International LLC sees this setup as a rare macro pivot. This isn’t about short-term fluctuations—it’s about the global realignment of resource value in a world where:
Central banks are overleveraged
Strategic petroleum reserves are drawn down
War premium is mispriced
Real assets are undervalued
📊 Key Levels:
Support Zone: $56.04 (historical institutional buy zone)
Breakout Trigger: Trendline above $67.00
Target 1: $101.35 (0.786 Fib)
Target 2: $129.42 (1.0 Fib)
Target 3: $160.58 (1.236 Fib projection)
⚠️ Risk Disclosure:
We are not yet capitalized but actively building a legally compliant funding vehicle. No capital is currently allocated. This post is part of our vision publication cycle to build trust and transparency in WaverVanir’s thesis.
📌 Follow WaverVanir International LLC for conviction-based macro trade ideas at the intersection of data science, price action, and risk strategy.
#USOIL #MacroTrading #Commodities #WaverVanir #TradingView #QuantMacro #EnergyRevolution #FibonacciAnalysis #MarketStructure #EmergingFund
USOIL REBOUND AHEAD|LONG|
✅CRUDE OIL is set to retest a
Strong support level below at 60.20$
After trading in a local downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 61.43$
LONG🚀
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USOIL - Bullish Double BottomHello Traders !
The USOIL price formed a double bottom pattern.
Currently, The neckline is broken !
So, I expect a bullish move🚀
_______________
TARGET: 63.49🎯
USOIL:First go short, then go long
USOIL: There are still signs of a pullback on an hourly basis after oil prices climbed to near 63 after OPEC+ said there would be no immediate changes to current production policies.
So the trading strategy :SELL@62.5-62.8 TP@61.6-61.3
After stepping back to the point can not break a wave of rebound, the target can look at 63 again
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USOIL:Long thinking, target 62.5
USOIL: Same idea, the front 61.3-61.5 has been given to the entry point, it is slowly rising, the upper target is still seen near 62.5.
So strategically, stay long and wait for the rally, TP@62.5
Tip: It is always right to sell when there is a profit, according to individual risk appetite.
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USOIL HEIST ALERT: Thief Entry Loaded – Target Locked!🚨 The Ultimate US OIL / WTI Heist Plan – Thief Trading Style 🎯💸
Hey Money Makers, Hustlers, Market Bandits! 🌍
Hola, Ola, Bonjour, Hallo, Marhaba! 👋🌟
We’re back with a slick WTI energy market heist based on our 🔥Thief Trading Style🔥—powered by a mix of technical & fundamental strategies. The vault is wide open and the bullish loot awaits!
🗺️ Strategy Brief:
We’re aiming for a clean bullish getaway near the high-risk MA zone—where traps are set and bearish robbers lurk. Watch out for overbought zones, trend reversals, and consolidation ambushes.
📈 Entry Point:
“The vault is open! Enter the bullish heist at will.”
Look to place Buy Limit Orders around swing highs/lows or pullback levels on the 15m–30m timeframe.
🛑 Stop Loss:
Set your Thief SL around the recent swing low using the 3H timeframe (example: 60.300).
Adjust based on your risk appetite, lot size, and number of entries.
🎯 Target: 65.200
That's where we celebrate the score, traders! 🥂💸
📊 Heist Justification (Fundamentals + Sentiment):
The WTI market is currently bullish, fueled by a mix of:
✅ Macro economics
✅ COT data
✅ Seasonal trends
✅ Intermarket signals
✅ Inventory & storage dynamics
📌 For full analysis and future target breakdowns, check the linkk in our profilee 🔗👀
⚠️ Important Alert – Manage Your Risk During News:
🚫 Avoid fresh entries during major news releases
✅ Use trailing stops to protect running gains
Stay sharp, stay safe.
💥 Hit the Boost Button if you support the Thief Strategy!
Join the crew, ride the wave, and let’s rob the market like pros 💼🕶️💰
📅 Stay tuned for the next master plan. Another heist is always around the corner.
Until then – steal smart, win big! 🐱👤🔥
Potential bullish rise?WTI Oil (XTI/USD) has bounced off the pivot and could rise the 1st resistance which is a pullback resistance.
Pivot: 61.68
1st Support: 60.72
1st Resistance: 63.49
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.
Crude oil rebounds after encountering 60 support
📊Technical aspects
Due to concerns that global supply growth may exceed demand growth, WTI prices fell slightly and rebounded slightly after hitting the 60 mark.
From the daily chart level, the medium-term trend moving average system suppresses the rebound of oil prices, and the medium-term objective trend direction is downward. After the oil price hit the low of 55.20, the frequent alternation of long and short formed, and the embryonic form of the falling flag relay appeared from the shape. Pay attention to the strength of the oil price testing the upper edge of the flag. It is expected that after the medium-term trend fluctuates, it will still rise to the 64 position.
The short-term (1H) trend of crude oil fell and touched the key support of 60, then rose slightly. The moving average system turned to divergent upward arrangement, and the short-term objective trend direction was upward. The MACD indicator fast and slow lines crossed the zero axis, and the bullish momentum was sufficient. It is expected that the trend of crude oil will continue to rise during the day, and the probability of breaking through the 63 resistance and moving upward is relatively high.
💰 Strategy Package
Long Position: 60.5-61.5
US CRUDE OIL PIVOT AREAUS OIL has formed a good base of support after the decent decline in the previous weeks.
The break of our intraday pivot area could keep the Bullish bias with targets of 63.67 and 64.57 in the near sight.
However failure to break above could bring prices down to 61.57 and 60.67
USOIL Today's Trading Strategy Hope this helps you
### Factors Influencing Long Positions in Crude Oil
#### Seasonal Demand Growth
Summer typically sees a surge in crude oil demand as increased travel and industrial activities drive up consumption. For example, gasoline demand in the U.S. rises significantly during summer due to higher public travel, providing support for crude oil prices and creating opportunities for long positions.
#### Geopolitical Factors
Conflicts, political instability, or sanctions in major oil-producing regions can disrupt or reduce crude oil supply, pushing prices higher. Although Middle Eastern tensions have eased recently, news of a potential Israeli attack on Iranian nuclear facilities previously caused oil prices to jump 3%. Escalating geopolitical tensions would favor long positions in crude oil.
#### Inventory Levels
A decline in crude oil inventories signals tighter supply, which may drive price increases. When inventory data falls below expectations, market concerns about supply shortages intensify, pushing prices higher and creating opportunities for long positions.
USOIL Today's Trading Strategy Hope this helps you
USOIL BUY@60.5~61
SL:59.5
TP:62~62.5
WTI OIL Rejection on 1D MA50 aims at $56.50.WTI Oil (USOIL) has been trading within a 13-month Channel Down pattern and is currently under heavy pressure by multiple Resistance levels.
The immediate one is the 1D MA50 (blue trend-line), which has its most recent rejection last Wednesday (May 21) and as you can see, the price has failed to break above it, even though it's been trading directly below it.
As long as the 1D MA50 holds, we expect a test of the lower Support Zone at $56.50, similar to the September - December 2024 Support Zone, which was tested continuously after several 1D MA50 rejections.
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Oil Buy analysis/ideaThis trade is based on the Daily and 4-hour timeframes and executed using reversal trading and trend formation. Complete explanation in the video!
Crude Oil (WTI) Technical Analysis – Bearish Harmonic Pattern 🛢️ Crude Oil (WTI) Technical Analysis – Bearish Harmonic Pattern Completion
Pattern Overview:
A Bearish Harmonic Pattern has been identified and completed.
The final leg (point D) has touched the 50% Fibonacci retracement of the previous XA leg, which validates the pattern's structure.
Key Observations:
Price has reversed from the D point, suggesting potential downside continuation.
Confirmation is observed with minor rejection wicks at the D zone.
The harmonic pattern indicates trend exhaustion and a reversal probability.
Price Action:
The current market level is near $61.75.
Price is expected to follow the projected zig-zag bearish path towards the target zone around $60, with further possible extension down to $58.90.
Technical Conclusion:
✅ Harmonic pattern completed
🔻 Bearish sentiment initiated post-pattern
🎯 Target zone: $60–$58.90
Trading Insight:
If price sustains below point D with weak bullish response, shorts will get initiated with tight stop-loss above D-point highs. Strong follow-through could bring a quick drop towards the projected support levels.
⚠️ Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute financial advice or a trading recommendation. Please conduct your own research or consult with a financial advisor before making any trading decisions.
USOIL Today's Trading Strategy Hope this helps youAlthough OPEC+ plans to significantly increase production in July and August, the actual implementation is uncertain. Some member states may struggle to meet production targets due to their own capacity, technical, or financial limitations, which could result in the actual supply increase being lower than expected. For example, in some small and medium oil-producing countries, aging equipment and backward mining technologies make it difficult to truly implement production increase plans even if they exist. The U.S. shale oil industry is facing the dual challenges of rising equipment costs and low oil prices, with many small and medium-sized drilling companies struggling to survive and even possibly shutting down some oil wells due to continuous losses. This means that U.S. shale oil production may not only fail to grow but could also decline, thereby reducing global crude oil supply and supporting oil prices.
As the "heartland" of global crude oil supply, the Middle East has always been in a tense situation. The Iranian nuclear issue remains unresolved, relations between the U.S. and Iran are highly strained, and Israel is also eyeing Iran's nuclear facilities. Once a conflict breaks out, Iran's crude oil production and exports will be hindered, and oil transportation channels in the Middle East may also be affected, leading to a significant reduction in global crude oil supply and triggering a sharp rise in oil prices. This potential geopolitical risk could(at any time) become a catalyst for driving oil prices higher.
USOIL Today's Trading Strategy Hope this helps you
USOIL BUY@60.5~61
SL:59.5
TP:61.5~62
WTI Crude Oil INTRADAY consolidation capped at 6360Trend: The sentiment remains bearish, in line with the prevailing downward trend.
Recent Movement: Price is currently in a sideways consolidation, suggesting indecision near short-term lows.
Key Levels
Resistance:
6360 – Key resistance and prior consolidation zone.
Above that: 6440, then 6530 – Next upside targets if breakout occurs.
Support:
6020 – Initial downside target.
Below that: 5940, then 5820 – Deeper support levels if bearish momentum resumes.
Trading Scenarios
Bearish Continuation:
A rally to 6360 followed by rejection could lead to a drop toward 6020, 5940, and 5820.
Bullish Breakout:
A daily close above 6360 would negate the bearish setup and open the path for a recovery toward 6440, then 6530.
Conclusion
WTI Crude Oil remains under bearish pressure, but is currently range-bound. A rejection at 6360 would confirm downside continuation. A breakout above that level would shift bias to bullish, targeting higher resistance zones. Watch 6360 as the key pivot.
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.
