US_OIL BULLISH All i see is a continuous bullish trend . If evere it changes its character . Buyers will be in control .
I will see how it goes.
Happy trading.
USOIL trade ideas
USOILSeveral upcoming economic data prints could significantly affect oil prices:
1. OPEC+ Production Levels
Impact: OPEC+ production cuts have been crucial in maintaining oil prices. Any changes to these cuts could influence supply and prices.
Data Print: Announcements about extending or easing production cuts will be closely watched.
2. U.S. Crude Oil Inventories
Impact: Changes in U.S. crude oil inventories reflect supply and demand imbalances. Lower inventories suggest stronger demand or reduced supply, potentially boosting prices.
Data Print: Weekly inventory reports from the EIA will be key in assessing market conditions.
3. Global Demand Growth
Impact: Stronger-than-expected demand growth, particularly from major consumers like China, could support higher oil prices.
Data Print: Reports from the IEA and EIA on global demand growth will be important.
4. U.S. Sanctions on Major Oil Producers
Impact: Sanctions on Russia, Iran, and Venezuela can disrupt global supply, potentially leading to price increases.
Data Print: Updates on sanctions enforcement and their impact on oil exports will influence prices.
5. EIA Forecasts
Impact: The EIA's forecasts for oil prices, production, and demand provide valuable insights into future market conditions.
Data Print: The EIA's Short-Term Energy Outlook (STEO) reports will offer guidance on expected price trends.
Brent Price Forecasts: The EIA forecasts Brent crude to average $74 per barrel in 2025, with prices potentially falling to $66 per barrel in 2026 due to increased global production and slower demand growth.
U.S. Production: The EIA expects U.S. crude oil production to reach a record high in 2025, averaging 13.59 million barrels per day.
These data prints will provide critical insights into supply and demand dynamics, influencing oil prices and market sentiment.
Potential bullish rise?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance level.
Pivot: 68.82
1st Support: 66.66
1st Resistance: 73.03
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Crude Oil Technical Outlook: Range Breakdown & Next Targets🔹Key Observations:
1. Range Formation & Breakout:
- The price was consolidating within a range (highlighted in the pink box).
- A range breakout trading setup is identified.
- The price has broken below the range support, signaling potential downside momentum.
2. Breakout Confirmation:
- The price has moved below a key support area (marked in blue).
- The breakdown indicates a potential continuation of the downtrend.
3. Downside Targets:
- 1st Target: $68.00 (first green line).
- 2nd Target: $67.05 (second green line).
- If the price sustains below the breakout level, these targets could be reached.
4. Volume Analysis:
- The volume bar at the bottom suggests increased selling pressure.
- The breakout occurred with notable volume, which confirms bearish sentiment.
▪️Technical Outlook:
- Bearish Bias: The chart suggests a bearish move with downside targets aligned at $68.00 and $67.05.
- Watch for Retest: If the price pulls back toward the breakout zone, it may confirm the breakdown before further decline.
- Invalidation Level: A strong recovery back above the blue support zone could invalidate the bearish setup.
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Oil weekly chart with buy and sell levelsOil weekly cahrt with both buy and sell levels
High probability of some high impact news this week be carful
For a buy am looking at entering at 70.20 , expecting 72.00 and 73.40 next.
On the sell side looking at entering at 69.30 expecting 68.80 and 68.30 levels .
1 hour chart i like the buy side this week but of course wait for conformation.
Check out my other charts below
Analysis for USOil A Wave A completion will trigger a 3 Wave move towards B and this will go hand in hand with the US dollar's strengthening. All of this is part of a Wave B and will take sometime to complete. Follow for more.
TP 104 next comingOil is only the source of energy until now because it black gold for sure if buy now 68/69 it will rise upto 104 usd per barrel so
this will be 1st bullish impalsive upside wave
WTI Crude The Week Ahead 03rd March ’25 The WTI Crude (US Light Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7150, 20 DMA level. An oversold rally from the current levels and a bearish rejection from the 7150 level could target the downside support at 6964 followed by 6850 and 6830 levels over the longer timeframe.
Alternatively, a confirmed breakout above 7150 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 7258 resistance followed by 7320 (50 DMA) levels.
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.
USOIL BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
USOIL downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 73.32 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the USOIL pair.
✅LIKE AND COMMENT MY IDEAS✅
USOIL REACHES BUTTOM LEVEL!Price fell to a button level in later days of this week and currently stuck around there. What’s the next significant move to expect? Well if the selling pressure persist, we might be expecting a break and further drop in price.
USOIL bearish then bullishOrange channel is speculative
Bottom blue rail touch is low.
This is chart I meant to have up for USO post
Not financial advice
USOIL | LONG | 2,87 RRRExpecting a reversal on the higher timeframe around the 68-69 zone
This is the first good higher-low play within this zone.
I have my entries laddered between 69.55 - 69.35
Oil ($USOIL) – Diesel Demand Soars as Cold Grips U.S.Oil ( TVC:USOIL ) – Diesel Demand Soars as Cold Grips U.S.
(1/9)
Good morning, Tradingview! Oil is dipping slightly 📉, at $ 74.93, down 0.1% from yesterday’s close, as per February 27, 2025, data. Cold weather’s driving up U.S. diesel demand 💪, and Texas power systems are hitting clean energy milestones 🌿. Let’s dive into this oil play! 🔍
(2/9) – REVENUE PERFORMANCE 📊
• Post-Election: $ 74.93, down 0.1% from $ 75.00 💰
• Feb 27, 2025: Diesel demand rises due to cold weather 📏
• Texas Power: Clean energy milestones achieved 🌟
TVC:USOIL steady, with diesel’s boost! ⚙️
(3/9) – MARKET POSITION 📈
• Market Cap: Approximately $ 1.05B, tracks WTI crude tight 🏆
• Diesel Spike: Cold lifts usage, per Reuters ⏰
• Energy Shift: Texas clean power climbs 🎯
TVC:USOIL firm, frost pays off! 🚀
(4/9) – KEY DEVELOPMENTS 🔑
• Cold Snap: Boosts diesel usage across U.S. 🔄
• Texas Grid: Clean energy marks met 🌍
• Market Reaction: Down 0.1% post-election 📋
TVC:USOIL adapting, chill’s the star! 💡
(5/9) – RISKS IN FOCUS ⚡
• Election Aftermath: Policy shifts may affect prices 🔍
• Green Energy Growth: Challenges oil’s dominance 📉
• Weather Flux: Diesel demand may fluctuate ❄️
TVC:USOIL tough, but risks hover! 🛑
(6/9) – SWOT: STRENGTHS 💪
• Diesel Lift: Cold weather props up demand 🥇
• Oil Core: Fundamental to energy needs 📊
• Resilience: Handles market fluctuations 🔧
TVC:USOIL got heat in the freeze! 🏦
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: Election haze, green energy bite 📉
• Opportunities: Continued cold weather, rising demand 📈
Can AMEX:USO bank on the frost to gains? 🤔
(8/9) – OIL’s $ 74.93 dip, diesel up in Feb 2025, your take? 🗳️
• Bullish: $ 80+ soon, cold lasts 🐂
• Neutral: Steady, risks in check ⚖️
• Bearish: $ 70 looms, green wins 🐻
Chime in below! 👇
(9/9) – FINAL TAKEAWAY 🎯
TVC:USOIL $ 74.93 dip masks diesel’s cold surge 📈, Texas green strides mix it up 🌿. Election stings, yet dips are our DCA gold 💰. We grab ‘em low, climb like pros! Gem or bust?
Crude oil under pressure, but $70 level remains intactCrude oil is under pressure as political narratives drive it lower. The $70 area is a fair price according to the supply/demand estimate from the Energy Administration of the United States.
The sentiment still remains to stay negative and is pressured down by tariff talks and meltdown in other markets. So, we can expect USOIL to hit a new low, but this action probably won’t last long, as the $70 level remains to act as a magnet for the price. Unless new loud political statements are being made and no unexpected surprises from the PCE index are delivered, USOIL would rotate around the $70 area, staying in the consolidation.
This is just the idea, always do your own research and never forget to manage your risk at all times!
USOIL H4 I Bullish Bounce Off Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 169.24, which is a pullback support that closes to the 61.8% Fibo retracement.
Our take profit will be at 71.58, which is a pullback resistance level.
The stop loss will be placed at 68.29, which is a swing low support level.
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CRUDE OIL (WTI): Nice Setup to Sell
WTI OIL looks bearish after a test of a key daily horizontal resistance.
A formation of a head & shoulders pattern on that and a violation of its neckline
indicate a highly probable intraday bearish movement.
The price will reach at least 69.3 level soon.
❤️Please, support my work with like, thank you!❤️
The downtrend dominates, the focus needs attentionGeneral crude oil market and WTI crude oil technical chart TVC:USOIL Still in a downward trend.
Trump revoked Chevron's license to operate in Venezuela, which has fueled supply-side market concerns and supported a recovery in oil prices, but they are still on a downtrend and trade policy uncertainty has limited a recovery in demand expectations. The focus of the crude oil market will still need to pay attention to changes in the geopolitical situation, the US Dollar index, and the Trump administration's trade policy.
Notable technical levels are as follows.
Support: 68.52USD
Resistance: 70 - 71.43USD
USOILAs of February 27, 2025, WTI Crude Oil (USOIL) is trading at approximately $72.15 per barrel, reflecting a 0.45% increase from the previous close.
Key support levels are identified at $71.80, $71.50, and $71.00, while resistance levels are at $72.50, $72.80, and $73.00. The pivot point stands at $72.00.
The U.S. Energy Information Administration (EIA) forecasts that Brent crude oil will average $74 per barrel in 2025, with a decline to $66 per barrel in 2026.
ENERGY INFORMATION ADMINISTRATION
Recent analyses suggest that crude oil prices are recovering, with potential gains if prices hold above $72.30.
ECONOMIES
The United States Oil Fund (USO), an exchange-traded fund that tracks the price of WTI Crude Oil, is currently priced at $75.28, with an intraday high of $75.66 and a low of $74.06
USOIL - Short Trade (28th Feb 2025)This is a short trade idea on Crude Oil.
Basically, i'm not convinced of this sudden rejection. This is just manipulation to me. I want to target the liquidity resting below. I think we are going downtown to a monthly sSIBI at around 57.
Liquidity and efficiency rules the market. Everything else is nonsense.
- R2F Trading
Crude Oil - The Manipulation of Trend LinesIn this example on Crude Oil I give some insight into how trendlines and traditional support & resistance theories may be used by "smart money" for the purposes of facilitating their positions via inducing liquidity.
Basically, trendlines are drawn along the highs or lows of price movements and help to identify the direction and strength of a trend. They serve as visual guidelines for traders, highlighting potential turning points or continuation patterns. Support and resistance levels are areas where the price historically finds a floor or ceiling, leading many market participants to place their entry and exit orders around these zones. Because these levels are based on historical price action, they hold significant psychological value among retail traders.
The Mechanism of Liquidity Manipulation
Liquidity Pools and Stop Loss Clusters:
Retail traders often cluster their stop losses near prominent support or resistance levels. Smart money is aware of these liquidity pools and can engineer price moves to trigger these stops. For example, by intentionally nudging the price through a known support level, institutional players can trigger a cascade of stop-loss orders. This “stop run” injects a burst of liquidity into the market, which can then be absorbed as positions are liquidated at less favorable prices for retail traders.
False Breakouts and Reversals:
Another common tactic involves creating false breakouts. A price move that breaks above a resistance level (or below a support level) might initially appear to signal a new trend. However, smart money can deliberately drive prices just past these technical barriers to trigger stop-loss orders and entry orders. Once sufficient liquidity is collected from the triggered orders, they may reverse the move. This reversal traps traders who anticipated a sustained breakout, leaving them with positions that quickly turn against them.
Exploiting Herd Behavior and Market Sentiment:
The widespread reliance on technical analysis means that many traders have similar expectations about where price will reverse or accelerate. This collective mindset, or herd behavior, creates predictable zones of liquidity. Smart money can capitalize on these self-fulfilling prophecies by anticipating the mass reaction around key trendlines and support/resistance levels. They use this insight to position themselves ahead of the crowd, executing large trades that move the market in their favor.
Strategic Benefits for Smart Money
By manipulating these common technical levels, smart money participants can:
Maximize Efficiency: Accumulate or distribute large positions with minimal market impact by tapping into pre-existing liquidity pools.
Control Market Direction: Influence short-term price movements to create advantageous conditions for larger trades.
Enhance Risk-Reward Profiles: Trigger stop losses at critical junctures, effectively reducing their own risk while capitalizing on forced exits from retail traders.
Conclusion
While trendlines and support/resistance are invaluable tools for assessing market structure and potential price movements, they also serve as instruments for liquidity manipulation by experienced market participants. The predictable nature of stop-loss placements and entry orders around these levels creates opportunities for smart money to trigger cascades of orders, generating liquidity in their favor. As a result, retail traders must be aware of these dynamics and consider them when planning their trades, acknowledging that what appears to be a genuine breakout may, in fact, be a carefully orchestrated move to capture liquidity.
This nuanced understanding highlights the double-edged nature of technical analysis tools in modern trading. By appreciating both their utility and potential for manipulation, traders can better navigate the complex interplay between market psychology and institutional strategy.
USOIL Local Short! Sell!
Hello,Traders!
USOIL made a rebound
From the long-term rising
Support but has now reached
A horizontal resistance level
Of 70.80$ from where we
Will be expecting a local
Bearish correction
Sell!
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