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USOIL Technical Analysis – Black Mind Curve Breakout & Reversal🔍 Overall Market Context: The current USOIL structure is a great example of market shift from compression to expansion, characterized by a breakout of the Black Mind Curve followed by a measured impulse move. This chart is not just reacting technically, but it reflects how institutional smart money manipulates curves, breaks minor structures, and then retests zones to refill orders before continuing directionally. Let’s break the market psychology and price action phase by phase: 🔄 Phase 1: Black Mind Curve Breakout ✅ The Black Mind Curve represents long-standing supply pressure that had been capping price. Its breakout marks a shift in market intention, often signaling the end of a distribution phase and beginning of a possible accumulation or re-accumulation. Price broke above this curve cleanly with strong bullish candles, which also broke minor structure levels, confirming short-term bullish sentiment. The breakout was also backed by momentum and volume as the market pushed 130+ pips upward—an aggressive impulse that trapped late sellers below. 📉 Phase 2: Retracement to Interchange Zones Now, we’re in the retracement phase, where price is pulling back toward: 🔹 SR Interchange Zone ($66.80 - $67.30) This zone was previous resistance, now flipping to support. In MMC terms, this area is expected to serve as a refill zone where smart money will look to accumulate again after the breakout. We are watching for confirmation candles or MMC-style reversal patterns here (e.g., inside bar breakouts, demand imbalances). 🔹 Main Zone ($65.80 - $66.50) If the first zone fails, this is the next key demand base. It holds historical value from previous accumulation phases (see July 10–25) and aligns with the origin of the last impulse. Expect a sharper wick or deeper liquidity grab if price moves into this area. 📉 Phase 3: Final Defensive Zone – Major Support ($63.70 - $65.20) This zone marks the last line of bullish defense. A move here would mean the bullish structure is being reevaluated or absorbed by sellers. However, if price hits this level, it could also attract significant institutional demand, setting up for a more powerful long-term leg up. Reactions here are typically large and volatile, with a risk of fakeouts and fast reversals. 📈 Possible Scenarios (MMC Based Forecasting): ✅ Scenario 1 – Bullish Continuation (Primary Path) Price finds support inside SR Interchange Zone. Forms a base (MMC reversal structure) and pushes back to recent highs near $71. Breakout above $71 opens room for next supply zones between $72.50 - $74.00. ⚠️ Scenario 2 – Deeper Liquidity Grab Price breaks below SR Interchange and tests Main Zone for a deeper accumulation. A wick or shakeout may happen before bullish continuation. This trap zone could give the best R:R entry. ❌ Scenario 3 – Breakdown to Major Support If both zones fail and bearish pressure sustains, price may revisit Major Support. That would reset the bullish structure and require fresh MMC assessment. 🧠 MMC Logic at Work: The curve break symbolizes the shift from supply dominance to a possible demand-led phase. Minor structure breaks add fuel to trend shift and indicate participation from larger players. Retracements are not weaknesses—they are refills for those who missed the move. Smart money uses these zones and flips (SR interchanges) to hide in plain sight. 🎯 Key Takeaway for Traders: This is a textbook MMC setup that combines: Curve Breakout + Impulse Zone Retest + Interchange Logic Liquidity Engineering before Continuation Traders should remain patient and observe reactions at each zone. Don’t chase—wait for the market to reveal its hand via MMC entry signals (break-of-structure, bullish engulfings, imbalance fills, etc.)
TVC:USOILLong
by GoldMasterTrades
Bullish bounce off 50% Fibonacci support?USOUSD is falling towards the support levle which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 68.20 Why we like it: There is a pullback support that lines up with the 50% Fibonacci retracement. Stop loss: 65.68 Why we like it: There is a multi swing low support. Take profit: 71.06 Why we like it: There is a swing high resistance. 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
USOIL IS GOING BULLISH. FOR HOW LONG?USOIL IS GOING BULLISH. FOR HOW LONG? Brent has started this week with a strong bullish momentum and holds near 6-week high on supply fears. President Trump announced plans to impose tariffs on Indian exports and penalize its Russian oil imports. In a parallel move, the US introduced its most extensive sanctions on Iran in seven years. The United States has even offered its oil to the world in exchange for Iranian and Russian oil, but there is evidence that the US production capacity is now at historic highs and is unlikely to grow in the near future. However, technically oil shows us bearish divergence on RSI and bearish wedge here. The price may reverse towards 6,900.00 as a first target. EIA data showed US crude inventories jumped by 7.7 million barrels last week—the largest increase in six months and defying forecasts for a decline. Market participants are waiting for the OPEC+ meeting this week, expecting a significant output hike.
FOREXCOM:USOILLong
by ProfessorSingapore
Crude Oil’s $70 Surge Still Faces 3-Year Channel ResistanceAlthough news points to a crude oil price surge, technical analysis indicates price cap risks remain within the borders of a 3-year descending channel. Should a clear hold emerge above the $70 barrier, the bullish rebound in price action from the $64.40 zone, in line with the weekly RSI’s rebound off the neutral 50 zone, may extend toward the channel’s upper boundary at $72.40, $74.40, and $77 in more extreme scenarios. A confirmed hold above the $77–78 zone may shift the primary trend away from bearish dominance and pave the way for longer-term bullish forecasts. On the downside, if a price drop results in a clean break below the $64 barrier, downside risks may extend toward the mid-zone of the long-standing channel, with potential support levels at $63.20, $61.80, and $59.70, respectively. Written by Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
1
Oil Prices Form Bearish Head & Shoulders – Key Neckline in FocusWTI crude oil is showing a clear Head and Shoulders (H&S) pattern, which is a strong bearish reversal signal. The left shoulder formed in early July, followed by a higher peak forming the head in mid-July, and finally the right shoulder near the current levels, which is lower than the head. The neckline is positioned around $66.00, acting as a key support level. Currently, the price is trading at $67.34, hovering slightly above this neckline, indicating that the market is at a critical decision point. A confirmed break below the neckline could accelerate bearish momentum, targeting the $62.20 – $62.80 zone based on the pattern’s measured move. However, if the neckline holds, a possible bounce toward $68.50 – $69.00 could occur, but overall bias remains bearish unless the price can break and sustain above $69.00. Key Price Levels: - Resistance: $68.50 – $69.00 - Neckline Support: $66.00 - Bearish Target (if confirmed): $62.20 – $62.80 Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XTIUSDShort
by SibiSh
6
Crude oil starts to rise, are you ready? 💡Message Strategy Oil prices continued their upward trend amid rising geopolitical risks. US President Trump recently issued a tough statement, demanding Russia end the conflict with Ukraine within 10 to 12 days or face secondary sanctions. Fears that Russian crude oil exports might be disrupted pushed Brent crude oil prices close to $70 per barrel, marking their largest single-day gain in two weeks at 2.3%. Meanwhile, US West Texas Intermediate (WTI) crude oil prices also remained stable around $67. The intertwined uncertainties of geopolitics and trade policy have complicated market sentiment. Besides the situation between Russia and Ukraine, investors are closely watching the August 1st trade policy deadline set by the United States and the upcoming OPEC+ meeting in early August, which will determine its September crude oil production increase plan. The industry generally expects that despite tight crude oil inventories in some parts of the world and strong peak season consumption in the Northern Hemisphere, if OPEC+ continues to increase production, oversupply pressure will gradually emerge by the end of the year. 📊Technical aspects From a technical perspective, the daily chart of US crude oil (WTI) shows a modest upward trend. The current price is trading steadily above its 100-day moving average, indicating continued bullish momentum. The Relative Strength Index (RSI) remains between 55 and 60, remaining within overbought territory, suggesting further upside potential. A successful break above the key resistance level of $68.50 would open up opportunities towards $70. 💰Strategy Package Long Position:66.50-67.00，SL：65.50，Target:68.50-69.00
TVC:USOILLong
by TheodoreSilas
1
It looks like this chart for WTI Crude Oil is showing a bearish • Previous Move: There’s a strong downward leg before the flag formation, indicating bearish momentum. • Flag Pattern: Price consolidates in an upward-sloping channel after the drop. • Breakout: The chart suggests a bearish breakout below the channel, marked with a red arrow at around $67.25. • Target Projection: The measured move target appears to be around the $53–54 range, based on the flagpole height.
TVC:USOIL
by AlgoWave_Tech
WTI OIL The federal funds rate is the interest rate at which U.S. banks and credit unions lend their excess reserve balances to other banks overnight, usually on an uncollateralized basis. This rate is set as a target range by the Federal Open Market Committee (FOMC), which is the policymaking arm of the Federal Reserve. The current target range as of July 2025 is approximately 4.25% to 4.5%. The federal funds rate is a key benchmark that influences broader interest rates across the economy, including loans, credit cards, and mortgages. When the Fed changes this rate, it indirectly affects borrowing costs for consumers and businesses. For example, increasing the rate makes borrowing more expensive and tends to slow down economic activity to control inflation, while lowering the rate stimulates growth by making credit cheaper. The Fed adjusts this rate based on economic conditions aiming to maintain stable prices and maximum employment. It is a vital tool of U.S. monetary policy, impacting economic growth, inflation, and financial markets. In summary: It is the overnight lending rate between banks for reserve balances. It is set as a target range by the Federal Reserve's FOMC. It influences many other interest rates in the economy. Current range (July 2025) is about 4.25% to 4.5%. 1. ADP Non-Farm Employment Change (Forecast: +82K, Previous: -33K) Above Forecast: If ADP employment is much stronger than expected, the Fed would see this as a sign of ongoing labor market resilience. Robust job growth would support consumer spending, potentially keep wage pressures elevated, and could make the Fed less likely to ease policy soon. This reinforces the case for holding rates steady or staying data-dependent on further cuts. Below Forecast or Negative: If ADP jobs gain falls short or is negative again, the Fed may interpret it as a weakening labor market, raising recession risk and reducing inflationary wage pressures. This outcome could increase the chances of a future rate cut or prompt a more dovish tone, provided it aligns with other softening indicators. 2. Advance GDP q/q (Forecast: +2.4%, Previous: -0.5%) Above Forecast: A GDP print above 2.4% signals surprisingly strong economic growth and likely sustains the Fed’s view that the U.S. economy is avoiding recession. The Fed may delay rate cuts or take a more cautious approach, as stronger growth can support higher inflation or at least reduce the urgency for support. Below Forecast or Negative: Weak GDP—especially if close to zero or negative—would signal that the economy remains at risk of stagnation or recession. The Fed may then pivot to a more dovish stance, become more willing to cut rates, or accelerate discussions on easing to avoid a downturn. 3. Advance GDP Price Index q/q (Forecast: 2.3%, Previous: 3.8%) Above Forecast: A significantly higher-than-expected GDP Price Index (an inflation measure) points to persistent or resurgent inflationary pressures in the economy. The Fed might see this as a reason to delay cuts or maintain restrictive rates for longer. Below Forecast: If the Price Index prints well below 2.3%, it suggests that inflation is cooling faster than anticipated. This outcome could allow the Fed to move toward easing policy if other conditions warrant, as price stability is more clearly in hand. Bottom Line Table: Data Surprises and Likely Fed Reaction Data Surprise Fed Outlook/Action All above forecast Hawkish bias, rate cuts delayed or on hold All below forecast Dovish bias, higher chances of rate cut Mixed Data-dependent, further confirmation needed Summary: The Fed’s interpretation hinges on how these figures compare to forecasts and to each other. Stronger growth, jobs, and inflation = less rush to cut; weaker numbers = lower rates sooner. If growth or jobs are especially weak or inflation falls sharply, expect more dovish Fed commentary and a greater likelihood of future easing. Conversely, if the data all surprise to the upside, hawkish (rate-hold) messaging is likely to persist. The U.S. Dollar Index (DXY) is a financial benchmark that measures the value of the United States dollar relative to a basket of six major foreign currencies. It provides a weighted average reflecting the dollar's strength or weakness against these currencies. The DXY is widely used by traders, investors, and economists to gauge the overall performance and health of the U.S. dollar on the global stage. Key Features of the DXY: Currencies included and their weights: Euro (EUR) – 57.6% Japanese Yen (JPY) – 13.6% British Pound (GBP) – 11.9% Canadian Dollar (CAD) – 9.1% Swedish Krona (SEK) – 4.2% Swiss Franc (CHF) – 3.6% It was established in 1973 after the collapse of the Bretton Woods system to serve as a dynamic measure of the dollar's value. The index reflects changes in the exchange rates of theses versus the U.S. dollar, with a higher DXY indicating a stronger dollar. The DXY influences global trade dynamics, commodity prices (like oil and gold) #SHAVYFXHUB #USOIL #WTI #OIL
FX:USOILLong
by Shavyfxhub
USOIL WTIWest Texas Intermediate (WTI) oil is a major benchmark for crude oil pricing, known for its high quality—being both light and sweet due to its low sulfur content and low density. WTI is sourced primarily from inland Texas and is the underlying commodity for oil futures traded on the New York Mercantile Exchange (NYMEX). The main physical delivery point is Cushing, Oklahoma, a critical U.S. oil storage and trading hub. Current Price (as of August 1, 2025) WTI crude oil is trading around $69.15–$69.36 per barrel. Recently, WTI prices have seen volatility due to global economic factors, including U.S. tariffs, OPEC+ production, and shifts in oil demand. Despite a small decline on the day, oil prices have posted their strongest weekly performance since June, rising over 6% for the week. Market and Outlook Recent price movement reflects concerns about global trade tensions, new tariffs, and their impact on economic growth and energy demand. At the same time, supply risks remain due to geopolitical factors such as potential sanctions on Russian oil and U.S.-China trade developments. Analyst forecasts for the remainder of 2025 suggest continued volatility, with WTI potentially ranging between $56 and $73 per barrel, influenced by demand, OPEC+ decisions, and geopolitical events. Quick Facts Table Feature Detail Type Light, sweet crude Benchmark NYMEX (U.S.), major global reference Main Delivery Point Cushing, Oklahoma Latest Price (Aug 1, 2025) $69.15–$69.36 per barrel Typical Drivers U.S. tariffs, OPEC+ decisions, trade policy, supply risks, global demand WTI oil plays a central role in global energy markets, serving as a benchmark for North American and international oil pricing. Its price reflects both supply fundamentals and broader macroeconomic and geopolitical developments. #OIL #WTI
FX:USOIL
by Shavyfxhub
Crude Oil Price Action & Pattern Analysis Bearish Wedge Breakdown: The price was consolidating in a descending triangle / wedge pattern. It has now broken below the wedge, suggesting potential bearish continuation. Key Support Zones: Immediate support near 68.60 - 68.80 (highlighted in blue). FOREXCOM:USOIL The break of the 68.60 level with a strong bearish candle would serve as confirmation of a Head and Shoulders (H&S) pattern , with solid bearish implications. Stronger support around 66.20 - 66.50 , which is a previous demand zone. Resistance Zone: The red zone around 69.40 - 69.50 represents a rejection area , and the price failed to break above it.
TVC:USOILShort
by SaklainManzoor
Is the surge in crude oil bulls here a comeback?The news-driven support for crude oil's recent rally is almost exhausted, so we'll continue to adopt a buy-low-sell-high strategy today, using a small stop-loss to maximize profits. Short at $71.20, with a stop-loss at $71.70 and a take-profit at $69.20. (For aggressive shorting, try shorting at $70.95). The above strategy is Charlie's personal opinion and is for reference only. If you follow suit, please be cautious and use a stop-loss to protect your position. TVC:USOIL FOREXCOM:USOIL TRADU:USOIL TRADU:USOIL
TVC:USOILShort
by Charlie_Senior_Analyst
Xmoon Indicator Tutorial – Part 2 – Pivots🔻🔻🔻+ Persian translation below 🔻🔻🔻 🔹 What Is a Pivot? In the Xmoon strategy, every high or low that forms on the chart is considered a pivot. The number of candles between two highs or two lows defines the size of the pivot. The more candles there are between them, the larger and more reliable the pivot becomes. 🔸 Types of Pivots in the Xmoon Indicator Settings In the settings panel, you can choose which types of pivots the patterns should be based on. There are 4 pivot types : • Super Minor → the smallest pivot • Minor • Mid Major • Major → the largest pivot ⏫ As you move from Super Minor to Major, the strength of the pivot increases — but the number of signals decreases. ⚖️ Choosing the Right Pivot = Your Trading Style • Want more signals? → Use smaller pivots like Minor or Super Minor • Prefer higher accuracy and lower risk? → Use larger pivots like Major or Mid Major 💡 Pro Tip: On higher timeframes, pivots perform better and help reduce risk. ✍️ Summary If you're looking for frequent signals, trade on lower timeframes, and can handle higher volatility and pressure, then smaller pivots like Super Minor and Minor are a better choice. But if you prefer quality over quantity, work on higher timeframes, and value clarity, peace of mind, and higher success rates, then larger pivots like Mid Major and Major are the way to go. 📣 If you have any questions or need guidance, feel free to ask us. We’d be happy to help. 🔻🔻🔻 Persian Section – بخش فارسی 🔻🔻🔻 🔹 پیوت چیست؟ در استراتژی ایکسمون، هر قله یا دره‌ای که روی چارت شکل می‌گیرد، یک پیوت محسوب می شود فاصله‌ زمانی بین دو قله یا دو دره (یعنی تعداد کندل‌هایی که بین‌شان قرار دارد) اندازه‌ی پیوت را مشخص می‌کند هرچه تعداد کندل بین دو سقف یا کف بیشتر باشد، آن پیوت بزرگ‌تر و معتبرتر است 🔸 انواع پیوت‌ در تنظیمات اندیکاتور ایکسمون در بخش تنظیمات، می‌توانید مشخص کنید که الگوها بر اساس چه نوع پیوت‌هایی شناسایی شوند ما ۴ نوع پیوت داریم • سوپر مینور ← کوچک‌ترین پیوت‌ • مینور • میدماژور • ماژور ← بزرگ‌ترین پیوت‌ ⏫ هرچه از سوپرمینور به سمت ماژور برویم، قدرت پیوت بیشتر می‌شود، ولی تعداد سیگنال‌ها کمتر می شود ⚖️ انتخاب پیوت مناسب = سبک معاملاتی شما • به دنبال سیگنال زیاد هستید ← پیوت کوچک تر = مینور و سوپرمینور • به دنبال دقت بیشتر و ریسک کمتر هستید← پیوت بزرگتر = ماژور و میدماژور 💡 نکته حرفه‌ای: در تایم‌فریم‌های بالا، پیوت‌ها عملکرد بهتری دارند و به کنترل ریسک کمک می‌کنند ✍️ جمع‌بندی اگر دنبال سیگنال‌های زیاد هستید، در تایم‌فریم‌های کوچک‌تر کار می‌کنید و می‌تونید نوسانات و فشار روانی بالاتر رو تحمل کنید، پیوت‌های کوچک‌تر مثل سوپرمینور و مینور انتخاب مناسب‌تری هستند اما اگر در تایم فریم های بزرگ‌تر کار می کنید و کیفیت سیگنال، آرامش ذهنی و احتمال موفقیت برایتان مهم‌تر است، پیوت‌های بزرگ‌تر مثل میدماژور و ماژور انتخاب بهتری هستند 📣 اگر سوالی دارید یا نیاز به راهنمایی دارید، خوشحال می‌شویم از ما بپرسید با کمال میل در خدمت‌تان هستیم
TVC:USOILEducation
by XmoonTradeClub
1
USOIL REACHED THE 6,900.00 SUPPORT LEVEL. WHAT'S NEXT?USOIL REACHED THE 6,900.00 SUPPORT LEVEL. WHAT'S NEXT? As we told July 31, the price got reversed towards first support level of 6,900.00. Market participants are waiting for the OPEC+ meeting this week, expecting a significant output hike. Currently, the price sits slightly above the support level. Although, the asset trades above this level, considering the current weakness of the asset, further decline is expected. The 6,800.00 support level is the next target here.
FOREXCOM:USOIL
by ProfessorSingapore
Market Analysis: Oil Prices Ease – Market Awaits Fresh CatalystMarket Analysis: Oil Prices Ease – Market Awaits Fresh Catalyst WTI crude oil is also down and remains at risk of more losses below $64.60. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI crude oil price continued to decline below the $66.00 support zone. - It traded below a connecting bullish trend line with support at $65.60 on the hourly chart of XTI/USD at FXOpen. WTI Crude Oil Price Technical Analysis On the hourly chart of WTI crude oil at FXOpen, the price struggled to continue higher above $67.50. The price formed a short-term top and started a fresh decline below $66.00. There was a steady decline below the $65.80 pivot level. The bears even pushed the price below $65.00 and the 50-hour simple moving average. The price traded below a connecting bullish trend line with support at $65.60. Finally, the price tested the $64.75 zone. The recent swing low was formed near $64.73, and the price is now consolidating losses. On the upside, immediate resistance is near the $65.60 zone. It is close to the 50% Fib retracement level of the downward move from the $66.42 swing high to the $64.73 low. The main resistance is $65.80. A clear move above it could send the price towards $66.40. The next key resistance is near $67.50. If the price climbs further higher, it could face resistance near $70.00. Any more gains might send the price towards the $72.00 level. Immediate support is near the $64.60 level. The next major support on the WTI crude oil chart is near $63.20. If there is a downside break, the price might decline towards $60.00. Any more losses may perhaps open the doors for a move toward the $55.00 support zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XTIUSD
by FXOpen