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US WTI Crude (Spot) (XTIUSD)US WTI Crude (Spot) (XTIUSD)US WTI Crude (Spot) (XTIUSD)

US WTI Crude (Spot) (XTIUSD)

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XTIUSD trade ideas

WTI Oil D1 | Potential bounce off 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 73.17 which is a pullback support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 70.50 which is a level that lies underneath a a pullback support and the 38.2% Fibonacci retracement. Take profit is at 78.07 which is a a pullback resistance. 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
1
Bullish momentum remains robust.International oil prices surged then pulled back. Brent crude oil futures fell 47 cents to $69.40 per barrel, while U.S. West Texas Intermediate (WTI) dropped 33 cents to $67.84. In the previous session, both Brent and WTI recorded over 4% gains, hitting their highest levels since early April. On Wednesday, U.S. President Trump stated that the U.S. is withdrawing some personnel from the Middle East due to the region's potential danger, reiterating that Iran will not be allowed to develop nuclear weapons. Meanwhile, market surveys showed the U.S. is preparing partial evacuations of personnel from its embassy in Iraq and allowing family members in Bahrain and other areas to leave. U.S. and Iraqi sources revealed the move primarily stems from heightened security risks in the region. Current upward momentum in the oil market is driven by dual factors: geopolitical tensions in the Middle East and unexpected declines in U.S. inventories. In the short term, as long as tensions between Iran and the U.S. show no signs of easing, the market will continue to monitor potential supply disruption risks. Additionally, the alleviation of trade concerns and global economic recovery expectations will provide strong long-term support for oil prices. However, risks of sharp volatility from sudden deterioration in geopolitical situations should be vigilantly monitored. With moving averages diverging upward, the short-term objective trend is clearly established as bullish. It is expected that crude oil prices will continue to rise and hit new highs. 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@65.5.0-66.0 TP:67.5-68.0
BLACKBULL:WTILong
by Ashbur
SELL TRADE IDEA Entry Point: 68.30SELL TRADE IDEA Entry Point: 68.30 🔻 Initiating a SELL position on USOIL 🔍 Bearish trend forming – short-term weakness spotted 🎯 Final Target: 64.50 📉 Room for downside movement 📊 Following resistance rejection and trend signals 🛑 Risk Management Comes First 📌 Always set a stop-loss before entering 💼 Risk only what you can afford to lose 🔒 Protect your capital – it’s your trading fuel 🧠 Emotionless trading wins over time 📈 Adjust lot size to match account risk plan ⚠️ Oil markets can move fast – stay alert ⏱ Timeframe: Intraday to short-term swing 🚫 Avoid revenge trading – trust your setup 🔁 Re-evaluate if structure changes 🔧 Use trailing stops once in profit 💬 Smart trades are protected trades #USOIL #CrudeOil #SellSignal #Commodities #RiskManagement #OilTrade
TVC:USOILShort
by GoldTradersEdge
WTI OIL Massive rejection on the 1D MA200.WTI Oil (USOIL) has been trading within a Channel Down for over a year now and today its latest Bullish Leg hit the 1D MA200 (orange trend-line) for the first time since February 03 2025. Unless we see a sustainable structured rise that turns it into a Support, the long-term bearish trend should prevail, and the market has already reacted to this with a strong rejection. With the 1D RSI almost overbought (>70.00), being consistent with the last 3 major tops, we expect a gradual decline towards Support 1, as it happened on the January - February 2025 Bearish Leg. Our Target is just above it at $55.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:WTIShort
by TradingShot
1
Crude Oil Eyes 65.40 Support Amid Middle East Uncertainty!!Hey Traders, In today’s trading session, we’re closely monitoring USOIL for a potential buying opportunity around the 65.40 zone. The commodity remains in an overall uptrend, and is currently undergoing a corrective phase, approaching a key support/resistance area near 65.40. This level aligns well with the broader trend structure and may offer a favorable risk-to-reward setup. On the fundamental side, geopolitical tensions are on the rise. Reports indicate that U.S. embassy personnel are being evacuated from parts of the Middle East amid growing regional instability. Allegedly, Israel is preparing for potential military action against Iran should nuclear deal talks collapse. If these tensions escalate further into military conflict, oil prices could spike in response to the heightened risk to regional supply chains. Trade safe, Joe
TVC:USOILLong
by JoeChampion
2
WTI Oil H4 | Potential bullish bounceWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 66.44 which is a pullback support. Stop loss is at 64.25 which is a level that lies underneath an overlap support and the 50% Fibonacci retracement. Take profit is at 69.11 which is a pullback resistance. 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
WTI Crude Oil 4H Chart – Bullish Setup from Demand Zone📈 Current Price: $61.74 🔵 Key Zones & Levels 🔹 Demand Zone (Buy Area): 🟦 $59.48 – $61.39 → Price expected to bounce here → 🔄 Potential reversal zone 🔹 Entry Point: 🎯 $61.39 → Ideal level to enter LONG → Just above demand zone 🔹 Stop Loss: 🛑 Below $59.48 → Exit if price drops here → Protects capital 🔹 Target Point: 🚀 $67.00 → Profit-taking zone → Strong resistance zone nearby: * 66.63 * 66.75 * 67.60 📊 Indicators 📍 EMA (70): 🔴 61.40 → Price trading above = bullish signal → EMA acting as support 📏 Trendline Channel: 🔼 Higher highs & higher lows → Supports uptrend continuation 📌 Trade Plan Summary * Bias: 📈 Bullish * Buy: At 61.39 * Stop: Below 59.48 🛑 * Target: 67.00 🎯 * Risk-Reward: ✔️ Favorable (~1:3) 🔍 What to Watch * ✅ Bullish candles in demand zone * 🔁 Retest of EMA or lower channel * ❌ Avoid if it breaks below $59.48
TVC:USOIL
by Jameshead007
36
Crude oil is expected to break through the $68.00 mark 💡Message Strategy WTI crude oil futures prices soared during the European session on Wednesday (June 11), continuing Tuesday's gains, but failed to reach the important level of $66.45. Currently, bulls are focusing on whether they can clearly break through the technical resistance level to confirm the continued upward trend. OPEC+ plans to increase production by 411,000 barrels per day in July, the fourth consecutive month of increase. Its impact on global supply may be weakened. Domestic demand in Saudi Arabia and other OPEC+ members may increase in the summer, helping to absorb the additional supply. According to Capital Economics, this internal consumption may support oil prices in the short term by offsetting the increase in supply. China-US trade truce boosts risk appetite, but demand questions remain WTI hit a seven-week high, reflecting the recovery of market risk appetite after the China-US trade negotiations. The two sides have agreed on a framework for restarting the trade truce and easing rare earth export restrictions, boosting market sentiment. 📊Technical aspects Oil price forecast: Bullish bias strengthens above key resistance level If the bears regain control, $64.50 will be seen as the near-term support. A successful break above $66.75 could open up space for the next major upside target near $67.50. Supported by geopolitical tensions, easing trade concerns and stable demand fundamentals, the outlook for crude oil remains bullish, provided that WTI can close above $66.75. If a breakout is confirmed, it may attract new buying and push prices towards the $68 mark. However, if the current gains cannot be maintained, oil prices may fall back to the $64.50 range. 💰 Strategy Package Long Position: 64.50-65.00，65.00-65.30
TVC:USOILLong
by TheodoreSilas
USOUL:Go long near 65.5 USOIL:Crude oil broke through the watershed 64.85 after the emergence of strong unilateral bulls, daily cycle relying on short-term average to go even Yang form, rising space has opened, pay attention to the strong will continue at least a few trading days, short-term relying on 65 defense needs to be more, pay attention to 65.5 near the long, see 66.7-67 Trading Strategy: BUY@65.5 TP: 66.7-67 ↓↓↓ More detailed strategies and trading will be notified here ↗↗↗ ↓↓↓ Keep updated, come to "get" ↗↗↗
TVC:USOILLong
by Boooob_
"Go long on crude oil with strong unilateral pullback"The market is weighing the impact of global trade tensions on the global crude oil demand outlook. After two days of intense consultations in London, the Asian giant and the U.S. have reached a framework agreement on restarting trade talks. U.S. Commerce Secretary Howard Lutnick said after the negotiations that the framework still needs review and approval from President Trump. Crude oil continued to rise after a pullback correction, showing a single bearish candlestick retracement pattern on the daily chart. With price supported at the MA5 level, it continues to make new highs, and this rally could target the 67.0 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@64.0-64.5 TP:66.5-67.0
BLACKBULL:WTILong
by Ashbur
Crude Oil Surges on Summer Demand and Trade OptimismOn the weekly chart, crude oil trades above the mid-range of a descending channel that has been in place since the 2022 highs. The RSI remains just below the neutral zone, suggesting a cautiously bullish-to-neutral outlook while prices hover near the $65 resistance level. From a daily perspective, oil prices are breaking out above the $65 resistance, and a firm hold could pave the way toward $66 and potentially retest the $71 and $73 levels. On the downside, the psychological support at $60 remains critical. A break below $60—and more critically, below the $58 moving average—could reintroduce long term bullish positioning from $55 and $49. - Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
Crude Oil Technical Analysis 🛢 Crude Oil Technical Analysis (Weekly Structure & 2H Chart Confirmation) Chart Reference: Based on your 2H chart, crude has completed an A-B corrective structure and is likely entering the impulsive C leg, which typically unfolds in 5 waves (I, II, III, IV, V). 🔍 Elliott Wave Interpretation Wave A: Likely the initial leg down — corrective but strong. Wave B: Completed near the recent top ~66.5–67 zone (acts as resistance). Wave C: Beginning now; a clear impulse structure (5-wave down expected). 🟣 Wave Count Breakdown on 2H Chart Wave I: Likely completed near 64.5 — key level to confirm downside continuation. Wave II: Minor retracement to ~66.5 (double top zone). Wave III: Expected to be sharp and impulsive — projected towards 60 zone. Wave IV: Small pullback/retrace near 57.5–58.5. Wave V: Final push down — projected to 52–54 range. 🎯 Key Price Levels Level Significance 66.5–67.0 Wave B high / Resistance Zone 64.5 Breakdown Confirmation (Wave I Low) 60.0 First Major Support / Wave III end 55.0 Likely Wave V Extension area 52.0 Potential C-Wave Completion Zone 🧠 Observations & Trade Notes If 64.5 breaks, the C-leg is active and impulsive selling should follow. RSI/Momentum indicators (not shown) should confirm bearish divergence or breakdown if this analysis holds. Wave III is usually the longest; hence, fast drop expected after 64.5 breach. Keep an eye on volume spikes and wide-body red candles post-64.5 for entry triggers. 📉 Short-Term Trading Strategy Below 64.5: Initiate short with SL above 66.7 Target 1: 60.2 Target 2: 55.3 Target 3: 52.0 SL Trail: Once below 60, trail SL above 62. 🛑 Risk Considerations A strong close above 67.2 invalidates the current wave count and may call for re-evaluation (possibly extended Wave B or triangle). 📌 Conclusion Crude has likely entered a Wave C downtrend which is impulsive in nature. A clean break below 64.5 confirms that Wave III is active, and targets of 60–52 remain valid. The structure aligns with a larger time frame correction. Strong caution is advised above 67. 📢 Disclaimer: This analysis is for educational and informational purposes only and should not be construed as investment or trading advice. Trading in commodities, stocks, futures, and options involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Always do your own research or consult with a qualified financial advisor before making any trading decisions. The author shall not be held responsible for any losses incurred from the use of this analysis.
FX:USOILShort
by shiva560060
Crude oil rose as expected 💡Message Strategy OPEC’s crude output increase in May was lower than required by the OPEC+ agreement, which had planned to increase production sharply last month. The five OPEC members that pledged to cut production in the OPEC+ agreement and are now gradually lifting the cuts had to increase production by a combined 310,000 barrels per day, but according to data from oil flow tracking companies and surveys of sources at OPEC, oil companies and consultancies, they only increased production by 180,000 barrels per day. This was because Iraq cut production to make up for a long period of overproduction, while Saudi Arabia and the UAE increased production by less than their target levels, the survey found. Saudi Arabia had the largest increase in May compared to April. According to the survey, OPEC's largest producer and de facto leader, as well as the leader of the OPEC+ alliance, increased production by 130,000 barrels per day. This is also one of the driving forces accelerating gold's rise 📊Technical aspects WTI crude oil prices finally extended their upward momentum. However, crude oil prices have risen as tensions in the US-China trade war ease and global oil demand recovers from tariff-related pressures. From the daily chart level, crude oil's medium-term trend is hovering around the moving average system, and the medium-term objective trend is mainly fluctuating and rising. Oil prices gradually rise to the upper edge of the range. From the perspective of momentum, the MACD indicator fast and slow lines cross the zero axis upward, and the bullish momentum begins to warm up. The K line closes with a small positive line continuously. If the oil price breaks through the range resistance in the later period, the medium-term trend is expected to further rise and test the 70 line The short-term (2H) trend of crude oil continued to rise. The oil price encountered resistance near 65.40, and the K-line crossed the moving average system, and the short-term objective upward trend changed. The second large real negative line formed the main rhythm. It is expected that the crude oil trend will further fall to around 64.50 during the day, and then restart the upward momentum. 💰 Strategy Package Long Position: 64.50-65.00，65.00-65.30
TVC:USOILLong
by TheodoreSilas
1
WTI Crude Oil INTRADAY Bullish breakout supported at 6380Trend Overview: WTI Crude Oil remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher. Key Technical Levels: Support: 6380 (primary pivot), followed by 6320 and 6250 Resistance: 6650 (initial), then 6740 and 6830 Technical Outlook: A pullback to the 6380 level, which aligns with the previous consolidation zone, could act as a platform for renewed buying interest. A confirmed bounce from this support may trigger a continuation toward the next resistance levels at 6650, 6740, and ultimately 6830. Conversely, a daily close below 6380 would suggest weakening bullish momentum. This scenario would shift the bias to bearish in the short term, potentially targeting 6320 and 6250 as downside levels. Conclusion: WTI Crude Oil maintains a bullish structure while trading above the 6380 support. A bounce from this level would validate the consolidation as a continuation pattern, with upside potential toward the 6650 area. A breakdown below 6380, however, would invalidate this view and suggest deeper corrective risk. 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.
TRADENATION:WTI
by TradeNation