USOIL A Fall Expected! SELL!
My dear followers,
This is my opinion on the USOIL next move:
The asset is approaching an important pivot point 61.87
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 - 61.38
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
WTI trade ideas
Crude Oil (WTI/USD) Short SetupInternational oil prices have been supported by the temporary easing of trade tensions and buying sentiment attracted by a double bottom. However, the upside for oil prices remains limited, mainly due to the impact of Trump's uncertain tariff policies on the economy and the OPEC+ strategy of maintaining production increases. In the forward view, attention should be paid to the progress of the Iran Nuclear Agreement and Russia-Ukraine negotiations. If the agreements are reached, pressure on the oil supply side will continue to increase. During the summer oil consumption peak season, the incremental oil demand in major consuming countries may be affected by factors such as the bleak prospects of economic recovery and the substitution of new energy, keeping oil prices under pressure. On the daily chart, crude oil closed with a small bullish candle, with the high price breaking above the previous high and the low price not breaking below the previous low, forming an breakout pattern. Crude oil has shown upward momentum after consecutive oscillations, and key attention should be paid to whether the resistance level at 63.6 is broken.
Trading Strategy:
sell@62.5-63.0
TP:61.0-61.5
In the market, there are no absolutes, and neither upward nor downward trends are set in stone. Therefore, the ability to judge the balance between market gains and losses is your key to success. Let money become our loyal servant.
Bullish momentum to extend?WTI Oil (XTI/USD) has bounced off the pivot and could rise to the 1st resistance, which lines up with the 61.8% Fibonacci projection.
Pivot: 60.08
1st Support: 57.68
1st Resistance: 64.63
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WTI Crude Oil awaits inventoriesPrice Movement: WTI Crude trades around $62.70 per barrel, marking a fourth straight session of gains.
Main Bullish Driver: Geopolitical tensions — reports suggest Israel may strike Iran’s nuclear sites, sparking fears of supply disruption from Iran (OPEC’s 3rd largest producer).
Risk of Iran retaliating by blocking the Strait of Hormuz, which could disrupt exports from Saudi Arabia, Kuwait, Iraq, and UAE.
Limiting Factor: Rising U.S. crude supply
API data shows a 2.49 million barrel build in U.S. crude stocks, defying expectations of a draw.
Traders await confirmation from EIA stockpile data later today.
Conclusion:
Bullish momentum is currently driven by Middle East tension, but gains may be capped if U.S. inventory builds continue. Traders should watch for EIA data release and further geopolitical developments.
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Will Middle East Tensions Ignite a Global Oil Crisis?The global oil market faces significant turbulence amidst reports of potential Israeli military action against Iran's nuclear facilities. This looming threat has triggered a notable surge in oil prices, reflecting deep market anxieties. The primary concern stems from the potential for severe disruption to Iran's oil output, a critical component of global supply. More critically, an escalation risks Iranian retaliation, including a possible blockade of the Strait of Hormuz, a vital maritime chokepoint through which a substantial portion of the world's oil transits. Such an event would precipitate an unprecedented supply shock, echoing historical price spikes seen during past Middle Eastern crises.
Iran currently produces around 3.2 million barrels per day and holds strategic importance beyond its direct volume. Its oil exports, primarily to China, serve as an economic lifeline, making any disruption profoundly impactful. A full-scale conflict would unleash a cascade of economic consequences: extreme oil price surges would fuel global inflation, potentially pushing economies into recession. While some spare capacity exists, a prolonged disruption or a Hormuz blockade would render it insufficient. Oil-importing nations, particularly vulnerable developing economies, would face severe economic strain, while major oil exporters, including Saudi Arabia, the US, and Russia, would see substantial financial gains.
Beyond economics, a conflict would fundamentally destabilize the geopolitical landscape of the Middle East, unraveling diplomatic efforts and exacerbating regional tensions. Geostrategically, the focus would intensify on safeguarding critical maritime routes, highlighting the inherent vulnerabilities of global energy supply chains. Macroeconomically, central banks would confront the difficult task of managing inflation without stifling growth, leading to a surge in safe-haven assets. The current climate underscores the profound fragility of global energy markets, where geopolitical developments in a volatile region can have immediate and far-reaching global repercussions.
USOIL Today's Trading Strategy:Recently, there have been many developments in the crude oil market that affect the price trend. From the supply side, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) have been committed to production cuts to stabilize oil prices. Some member countries have even taken unexpected production - cutting actions, which has reduced the crude oil supply to a certain extent. Major oil - producing countries such as Saudi Arabia have cut their own crude oil production, sending a strong signal to the market to control the supply.
Meanwhile, the global crude oil demand has not declined significantly. With the gradual recovery of the global economy, industrial production activities in many countries have increased, and the demand for crude oil has also increased. In particular, some emerging economies have a relatively high - speed economic growth and a high degree of dependence on crude oil. Their growing demand strongly supports the crude oil price.
USOIL Today's Trading Strategy:
USOIL BUY@61~60.5
SL:60
TP:62.5~63
Oil: Elliott Wave WXY Pattern Signals Potential Shift🛢☕️ #OilInsteadOfCoffee | 📐 #TECHANALYSIS
Oil has not yet broken its upward trend, but it appears to have surpassed a local peak and formed a WXY pattern (a combination in Elliott Wave theory: W = flat, X = double zigzag, Y = single zigzag). The Y wave could still evolve into a triangle (blue) or a flat. We hold positions and await further developments.
⚠️ Disclaimer:
Our analysis is food for thought, not a call to action.
Trade with a cool head, a clear plan, and your own analysis.
WTI - Bullish Momentum Targets $65US Light Crude has demonstrated remarkable resilience after experiencing a significant correction from March highs around $72 down to the $55 support zone in late April. The commodity has since staged an impressive recovery, climbing steadily from those April lows to current levels near $62, effectively reclaiming more than half of the previous decline. This recovery pattern suggests strong underlying demand and buying interest at lower levels, with crude oil successfully breaking above key resistance areas during its ascent. The current price action shows the market consolidating near recent highs while maintaining an upward bias, with the technical structure indicating further upside potential toward the resistance zone highlighted around $65. Given the strong bounce from support, sustained momentum, and the overall recovery trajectory, the higher probability scenario favors a continuation of the bullish move targeting the upper resistance band.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USOIL: Bulls Are Winning! Long!
My dear friends,
Today we will analyse USOIL together☺️
The market is at an inflection zone and price has now reached an area around 61.687 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 62.377.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
WTI Oil H4 | Potential bullish bounceWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 60.44 which is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 57.60 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 63.68 which is a multi-swing-high resistance.
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USOIL:Go long first
Crude oil short-term trend to maintain weak shock upward rhythm, K line closed long lower shadow line, there are signs of rebound. Short - term moving average system gradually long arrangement, relying on oil prices, short - term objective trend direction to upward. It is expected that the intraday trend of crude oil will continue to extend upward, hitting around 62.8-63
Recommended Trading Strategies:
61-61.2 range to be long, short-term target to see 62, break through the target to see 62.8-63
↓↓↓ The detailed strategy club will have tips, updated daily, come and get them →→→
WTI Oil Breakout Watch – Consolidation Ending with Potential Pus
USOIL – Potential Bullish Breakout (4H)
USOIL is currently consolidating just below a key liquidity level (equal highs), signaling a possible bullish breakout. If price breaks and holds above 64.82, it could unlock a clean move into the fair value gap (FVG) zones above.
🔍 Why this setup?
✅ Price forming equal highs – potential liquidity sweep
✅ Breakout above 64.82 clears structure and opens FVG
✅ Multiple confluences aligning with clean targets
✅ Favorable risk-to-reward with clearly defined invalidation
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📌 Trade Setup
📍 Entry Plan:
Wait for breakout confirmation and enter above 64.82
🛑 Stop Loss:
Below recent swing low or the consolidation base
🎯 Take Profit Targets:
• TP1: 67.50 – first FVG break
• TP2: 70.50 – deeper FVG level
• TP3: 73.20 – major resistance zone
t.me/mindvestortrading
instagram: mindvestor_trading
Latest Strategic Positioning for Crude OilDuring the US trading session, crude oil prices declined for the second consecutive trading day after rebounding from intraday lows and encountering resistance. The commodity traded at $60.42 per barrel, representing a 1.87% daily loss.
Per the Commitments of Traders (COT) report released last Friday, there exists a moderate divergence in sentiment between managed funds and asset management firms regarding WTI crude oil futures. While both investor categories maintain net long positions, over the prior two weeks, managed funds reduced their net long exposure by approximately 20,000 contracts, whereas large speculators increased their net long positions by 10,000 contracts.
Technically, crude oil exhibited a "rally-and-reversal" pattern today, retreating under selling pressure near the $61.7 resistance zone before stabilizing and rebounding around $60.0. Current price action indicates a range-bound oscillation, with bullish stabilization probabilities contingent on the $60.0 support level holding firm.
In summary, crude oil remains trapped in a narrow consolidation phase, with overhead resistance levels retaining dominance. For today's trading strategy, a "rebound shorting-first" approach is recommended, complemented by tactical long positions on dips. Key resistance lies between $61.7-$62.5, while support zones are identified at $60.0-$59.0.
In the market, there are no absolutes, and neither upward nor downward trends are set in stone. Therefore, the ability to judge the balance between market gains and losses is your key to success. Let money become our loyal servant.
Crude Oil (WTI/USD) Short Setup🔻 Crude Oil (WTI/USD) Short Setup – Trend Exhaustion with Bearish Risk/Reward Play
Crude oil has shown weakness after failing to reclaim the $62.50–63.00 resistance zone. Price is now consolidating near the breakdown level, and early signs of bearish continuation are forming. SQZMOM histogram is flattening near zero, hinting at loss of bullish momentum. This setup offers a high-probability short with favorable downside extension.
📉 Entry: 61.97
🎯 Target: 57.83
🛑 Stop Loss: 63.87
📊 Risk/Reward Ratio: 2.18
📆 Expected Duration: ~5 days
📌 Technical Highlights:
Bearish Retest: Price is stalling at previous broken support turned resistance.
Trend Weakness: Lower highs forming after recent top at 63.87.
SQZMOM Indicator: Momentum stalling below zero, signaling a potential shift back to bearish pressure.
Support Gap: Clean range down to $58 with thin volume structure below $60.
💬 A break below 60.12 confirms momentum shift. A close above 62.50 invalidates the short.
0522:WTI Crude Oil Setup: Key Trade Opportunity Hello traders,
Simple strategy to follow daily trading signal here:
A: daily trading plan:
setup selling trade when 1h chart giving you a trading selling signal:
TP1: 55.50
TP2: 50.50
B. 4H trading plan:
follow the pattern selling from C to D,
TP1: 58.70
TP2: 57.20
TP3: 55.30
GOOD LUCK!
LESS IS MORE!
WTI Crude: Bears Target 60.549 USDHey traders and investors!
🔹 Crude Oil — 1D / 4H
📍 Context
Daily (1D): clear short trend; price capped below 65.40 USD.
4-Hour (4H): sideways range — its boundaries are marked by black lines on the chart — with seller initiative in control.
Higher-time-frame levels reinforce the bearish bias.
🔎 Analysis
Sellers keep the upper hand on 4H. The daily shows no strong buyer bars, sustaining downward pressure. If price retests the IKC zone and prints bearish confirmation (high-volume seller bar or buyer absorption), the odds of breaking 60.549 USD increase.
🎯 Trade Idea
Setup: hunt for short patterns inside the IKC range.
Target: 60.549 USD (range low).
Confirmation: pattern on M15–H1 + seller-side volume.
📌 Takeaway
Bears remain in control. Wait for a trigger inside the IKC zone and lower-TF confirmation before joining the move toward 60.549 USD.
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
The main strategy is to go long on pullbacksDuring the Asian trading session on Monday, Brent crude fell slightly by $0.05 to $65.15 per barrel; WTI crude was quoted at $61.76, while the more actively traded July contract dropped $0.04 to $61.93. Both benchmark oil prices recorded weekly gains of over 1% last week, mainly boosted by the easing of global trade sentiment. The market will closely monitor data to be released soon by a major Asian economy, including April industrial added value, fixed asset investment, and retail sales. ANZ Bank noted in a report that weak data from the major Asian economy could undermine the optimism brought by the tariff suspension, thereby pressing down oil prices.👉👉👉
The K-line closed as a yang line with a long lower shadow, indicating strong bullish momentum from buyers. The moving average system is gradually arranging in a bullish formation, relying on the oil price, and the short-term objective trend direction has turned upward. It is expected that the intraday crude oil trend will continue to rise, reaching near 63. Overall, in terms of crude oil trading strategies, it is recommended to focus on buying low on pullbacks and supplement with selling high on rebounds. In the short term, pay attention to the resistance at the 63.0-63.5 level above, and the support at the 61.0-60.5 level below.
Oil trading strategy:
buy @ 61.00-61.50
sl 60.00
tp 62.30-62.80
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