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USOILSPOT trade ideas

WTI CRUDE OIL: Channel Down needing to fill its top. Bullish.WTI Crude Oil turned bullish on its 1D technical outlook (RSI = 62.137, MACD = 0.740, ADX = 26.844), having completed a very strong 1W candle last week. This is the continuation of the May 5th bottom rebound. All prior such rebounds have filled at least the 1W MA50, having touched the 0.618 Fibonacci retracement level. The 1W RSI LH trendline gives a good sense of where to sell, but since the 0.618 Fib is the guide, the target is TP = 71.15. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
Crude oil breaks through strongly.On the daily chart of crude oil, the upper Bollinger Band is opening upward, and the 64.85 level is basically unable to hold. Once this level is broken, it will open up upward space, and the rally will just be beginning. After the breakout, the market will shift from the previous sustained oscillation to a strong unilateral trend, and the rally will at least continue with a wave of strength. Focus on going long at 63.50/64, or if there is a strong rally in the European session, pullbacks in the US session are also buying opportunities. Now it is about whether there will be a strong breakout. Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term. Trading Strategy: buy@63.5-64.0 TP:65.5-66.0
TVC:USOILLong
by Ashbur
Crude Oil Tests Monthly High—Bullish or Liquidity Grab? FenzoFx—Crude Oil broke above its previous monthly high at $64.61, trading around $65.27. While a bullish trend is indicated by a 23,000 increase in buy-side contracts, technical signals suggest caution. RSI 14 shows bearish divergence, and the Stochastic Oscillator remains overbought. Oil could consolidate before resuming its uptrend. Buying breakouts isn’t advised. A dip toward $63.02 may offer a discounted entry.
CFI:WTILong
by FenzoFxBroker
$USOIL & $XLE: Sustainable bull run or short-term bounce?Recently the commodities and the commodity stocks are having a bull run. Oil being one of the largest categories within the Bloomberg Commodity Index Futures is late to the party after the AMEX:GLD rally. In my recent posts I made the case that the TVC:USOIL will remain range bound, and we will see 55 $ in $USOIL. But since then, TVC:USOIL has gone through a small rally with price currently @ 65 $ which has taken it closer to the 0.5 Fib retracement level. AMEX:XLE , which represents the S&P500 energy sector stocks, is also attempting to post a rally. In the short-term markets have diverged from our last predictions. Let’s be honest in the short term such rallies might be accompanied by short covering and the weakness in TVC:DXY is also helping the Energy rally. But now the question comes where do we go from here? TVC:USOIL and AMEX:XLE can have a bull rally due to short covering and momentum pushing it across the 0.5 Fib level. If TVC:USOIL breaks above 0.5 then the next stop 0.618 will take us 80 $ indicating a 25% upside form here. And a similar upside in the AMEX:XLE will take us 131 $, which is also 25% up from its current value and the upper range of the upward slopping channel indicative from the chart. Verdict: Short term probable bounce in TVC:USOIL and $XLE. Long term bearish on TVC:USOIL with target 55 - 60 $.
TVC:USOIL
by RabishankarBiswal
Crude oil next move (expecting bullish move) (09-06-2025)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the mid term (09-06-2025) Current price- 65.00 "if Price stay above 62.00 then next target is 70.00, 80.00 and 90.00 and below that 55.00 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.
TVC:USOILLong
by AnupZiddi
4
USOIL Will Go Down From Resistance! Sell! Here is our detailed technical review for USOIL. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 64.869. The above observations make me that the market will inevitably achieve 63.448 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
1
USOIL🛢️ USOIL (WTI Crude Oil) – Technical Outlook & Forecast Current Price: $64.55 Bias: Bullish Only Forecast Levels: $82.00 → $85.00 → $90.00+ 🔍 Market Overview: Crude oil (USOIL) is currently trading around $64.55, showing early signs of a potential bullish reversal from multi-month lows. Despite recent volatility and macroeconomic uncertainties, the technical structure indicates the formation of a solid accumulation base, potentially preparing for a significant upward move. 📈 Technical Perspective: Price Action: Oil is attempting to reclaim key support zones that have held historically during large-scale recoveries. Momentum: Oscillators (like RSI/MACD) may be turning up from oversold territory (subject to chart confirmation), further supporting the bullish scenario. Volume Profile: Accumulation at lower levels hints at smart money interest around the $60–$65 zone. 🎯 Bullish Targets: $82.00 – Psychological and technical resistance $85.00 – Previous swing high / Fib extension zone $90.00+ – Medium-term projection if momentum sustains 🧭 Conclusion: The bias for USOIL remains bullish only while the $60–$62 zone holds firm as support. Breakout above near-term resistances could open the way for a strong move toward $82, $85, and even $90+. Keep an eye on macro events and inventory data for short-term volatility. 🟢 Trade Setup Idea (For Reference Only): Long bias above $64–$65 support zone, targeting $82–$90 over the coming weeks/months. Use proper risk management.
TVC:USOILLong
by Al-Reshad
USOIL:Wait 63.6-64 to go long Affected by last week's data, crude oil directly broke through the short-term pressure 64, technical point of view of the daily track upward opening, 64.8 position basically can not hold, and once the break open the space for rise, the rise has just begun; After breaking from the early continuous shock to a strong unilateral, the market will at least continue a wave of strength, pay attention to 63.6-64 range to do more, or the European market force to rise, the United States is also more, now is to see a strong break. Trading Strategy: BUY@63.6-64 TP: 65-65.2 ↓↓↓ More detailed strategies and trading will be notified here ↗↗↗ ↓↓↓ Keep updated, come to "get" ↗↗↗
TVC:USOILLong
by Boooob_
WTI Oil H1 | Falling toward a pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 63.76 which is a pullback support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 62.70 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement. Take profit is at 65.44 which is a resistance that aligns with the 78.6% Fibonacci projection. 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.
TRADU:USOILLong
by Tradu
Heading into 61.8% Fibonacci resistance?WTI Oil (XTI/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support. Pivot: 66.66 1st Support: 60.10 1st Resistance: 71.18 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.
ICMARKETS:XTIUSDShort
by ICmarkets
1
TRADE ALERT: USOIL SELL SETUP ENTRY: 64.50 (Sell)TRADE ALERT: USOIL SELL SETUP ENTRY: 64.50 (Sell) 🎯 Target 1: 64.00 🎯 Target 2: 63.00 🎯 Target 3: 62.00 🎯 Final Target: 60.00 🛑 STOP LOSS: Always use proper risk management! ⚠️ Risk no more than 1–2% of your capital per trade. 🔍 Setup based on technical analysis and price action. 💡 Breakdown: • Strong resistance near 64.50 • Bearish momentum building • Downtrend continuation likely 📊 Monitor volume and market sentiment 🧠 Stay disciplined, don’t chase entries ⏰ Timing is key — watch for confirmation 📅 Short to mid-term outlook 📌 This is not financial advice, just my trading plan. ✅ Stick to your rules 🔁 Trade the plan, not emotions #USOIL #CrudeOil #TradingSignals #SellSetup #Forex #Commodities #RiskManagement #TradeSmart #TechnicalAnalysis #PriceAction
TVC:USOILShort
by GoldTradersEdge
USOIL:Sharing of the Trading Strategy for Next WeekAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉 Fundamental Analysis: OPEC+ plans to increase production by 411K bpd in July, with major producers like Saudi Arabia and the UAE holding ample idle capacity. This expansion could exacerbate global crude oil oversupply, pressuring prices. Concurrently, the U.S. steel import tariff hikes may trigger trade frictions, dampening global economic recovery and curbing industrial crude demand. Technical Analysis: The MACD indicator shows expanding green bars (bearish momentum), with short-term moving averages trending toward a bearish crossover of long-term averages. However, recent price retracement from relative highs suggests potential rebound. Key resistance lies at the $66–67/barrel zone, while critical support holds at $61.5–62/barrel. Trading Recommendation: Aggressive traders may initiate light short positions near 66 on a confirmed resistance rejection. Trading Strategy: Sell@66-65.5 TP:63-62 Share accurate trading signals daily—transform your life starting now! 👇 👇 👇 Obtain signals👉👉👉
TVC:USOILShort
by MonicaLongman
USOIL What Next? SELL! My dear friends, USOIL looks like it will make a good move, and here are the details: The market is trading on 64.73 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 63.36 Recommended Stop Loss - 65.42 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TVC:USOILShort
by AnabelSignals
1
Analysis of Upward/Downward Trends in Monday's Opening MarketBoosted by the telephone conversation between leaders of the world's two largest economies, oil prices maintained their upward momentum on Friday. Brent crude stabilized at around $65 per barrel, notching its first weekly rebound since mid-May; WTI crude also held near $63. "Against the backdrop of gradually easing macro uncertainties, the risk of panic selling in the market has significantly diminished," analysts said. "With the arrival of the summer peak demand season and the superimposition of geopolitical tensions in the Middle East and Russia, the downside for oil prices has been notably constrained." The recent steady rebound in oil prices indicates that the market has gradually digested macro uncertainties, though the underlying supporting factors remain fragile. While trade concerns have temporarily subsided, whether OPEC+ will continue to release capacity as expected by the market will be key to determining whether oil prices can sustain their rebound. Meanwhile, the options market reflects expectations of a year-end supply glut, which will test the coordination capabilities of oil-producing countries. Overall, for next week's crude oil trading strategy, it is recommended to prioritize buying on dips and supplement with shorting on rebounds. In the short term, monitor resistance at the $66.0-$67.0 level, while short-term support lies at the $63.5-$62.5 level. Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term. Trading Strategy: buy@62.0-62.5 TP:64.5-65.0
TVC:USOILLong
by Ashbur
WTICOUSD - BULLISH Typical Wycoff Break Re-Test Slight Tap of FV Gap Bullish Engulfing Candle Usually signifies "In a Hurry". Best Analysis i think was Perplexity Ai Bullish Case for Oil US Jobs Data: Stronger-than-expected US jobs numbers have pushed prices higher, with algos covering short bets Geopolitical Risks: Ongoing tensions in Ukraine and Iran, plus Canadian wildfires, are supporting prices due to potential supply disruptions OPEC+ Supply Increase Smaller Than Feared: OPEC+ is raising output, but by less than the market expected, which has helped limit downside pressure and even sparked price gains Recent Price Action: Oil has rebounded to around $64–$65 (Brent) after several weeks of losses, suggesting some stabilization and potential for a technical bounce Deep Ai Probability of bullish continuation: 75/100 Technical s indicate a relatively high likelihood that the current bullish trend will continue toward the identified resistance zone above, provided no major fundamental shifts occur. However, caution remains due to potential pullbacks or consolidation near resistance levels. This is the safest place to enter usually Cost average in not stops they suck ! imho Lets See : ) .
OANDA:WTICOUSDLong
by NZ_Shareman
USOILThe correlation between USOIL (WTI crude oil prices) and DXY (US Dollar Index) has historically been inverse, but structural shifts in global energy markets and economic dynamics are altering this relationship. Oil is globally traded in USD. A stronger dollar makes oil more expensive for buyers using other currencies, potentially dampening demand and lowering oil prices. Conversely, a weaker dollar makes oil cheaper, boosting demand and prices. Trade Balance Impact: Historically, the U.S. was a net oil importer. Rising oil prices worsened its trade deficit, weakening the dollar. This reinforced the inverse correlation. Recent Structural Shifts U.S. as a Net Oil Exporter: Since becoming the world’s largest crude oil producer (surpassing Saudi Arabia and Russia), higher oil prices now improve the U.S. trade balance by boosting export revenue. This has weakened the traditional inverse relationship Geopolitical risks: Oil supply fears and safe-haven dollar demand can push both higher. Federal Reserve Policy: Hawkish monetary policies that strengthen the dollar can suppress oil prices, but if paired with strong U.S. growth (supporting oil demand), the correlation may turn neutral or positive. Positive correlations may persist during risk-off events or U.S.-centric demand surges. Inverse correlations likely resurface if global growth slows or the Fed pivots dovish. The U.S. dollar may increasingly behave like a "petrocurrency," strengthening with oil prices as exports grow. #usoil
FX:USOIL
by Shavyfxhub
3
USOIL Will Go Up! Long! Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 61.359. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 64.395 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILLong
by SignalProvider
1