WTI CRUDE OIL: 1M MA100 providing huge buying pressure to $77.50WTI Crude Oil has reclaimed its bullish technical outlook on 1D (RSI = 62.688, MACD = -0.001, ADX = 49.608) as is about to end the month on a strong green 1M candle and a huge 1M RSI bullish divergence. The most important development here is that the current 1M candle (March) marginally hit the 1M MA100 and immediately rebounded. This trendline has been the market's major long term support since April 2021, so essentially for the last 4 years. We believe that this is enough to cause a medium term rebound to the LH Zone and possibly even just outside of it to test the 1M MA50. For now however, our target is contained inside this zone (TP = 77.50).
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XTIUSD trade ideas
CRUDE OIL Bullish Breakout! Buy!
Hello,Traders!
CRUDE OIL is trading in an
Uptrend and the pair made
A bullish breakout of the key
Level of 70.30$ and the
Breakout is confirmed so we
Are bullish biased and we
Will be expecting a further
Move up after a potential
Local pullback
Buy!
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USOIL: Next Week's Blueprint for Profit Amid VolatilityDuring the US trading session on Friday, March 28th, international oil prices fluctuated slightly and declined. However, both Brent crude oil and WTI crude oil remained firmly near their one - month highs and were projected to register "three consecutive weekly gains" on the weekly chart. The ongoing tug - of - war between the supply tightness instigated by geopolitical unrest and the latent concerns regarding an economic downturn has placed oil prices in a volatile state of being "caught between a rock and a hard place".
From the perspective of the USOIL daily chart, following the medium - term trend's breach of the lower edge of the range, it has predominantly fluctuated around lower levels. The oil price has experienced consecutive short - term increases, breaking through the suppression of the moving average system, and the medium - term objective trend has entered a transition phase. Nevertheless, in terms of kinetic energy, neither the bulls nor the bears have demonstrated a clear - cut inclination to overpower the other. It is anticipated that the medium - term trend will persist in its volatile rhythm for a while, awaiting the establishment of a distinct trend direction.
The short - term (1H) trend of USOIL has not continuously set new highs and has exhibited a pattern of high - level consolidation. The short - term objective trend remains upward. In the early trading session, the oil price underwent a narrow adjustment at a high level, presenting an overall secondary rhythm with a sound internal rhythm. The fundamental objective trend during the week has been upward in sync, and it is highly likely that the short - term trend of USOIL will continue its upward trajectory next week.
USOIL
buy@68-68.5
tp:69.5-70
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USOIL: GO short positions during the oscillation at a high levelThe short-term trend of crude oil has been oscillating and declining at a high level. The oil price has broken below the moving average system, and the objective short-term trend has entered a transition period. The bearish momentum is gradually intensifying, and the oil price dropped below 70 in the early trading session. In the 4-hour chart, the objective short-term trend direction within this week still remains upward. The trading strategy for crude oil still mainly focuses on the oscillation and decline at a high level.
Trading Strategy:
Sell@69.8-70
TP:69-68.5
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#XTIUSD BULLISH AFTER CONFIRMING CHOCHXTI created a CHOCH on the 4h chart and is looking bullish with 2 targets in sight.
Once we complete a pullback to the CHOCH area, XTI will be looking at TARGET 1 in the 70.40 zone and once broken, the next target is at 73.00
Always wait for confirmation before placing your trade and use appropriate risk management.
Bearish drop?WTI Oil (XTI/USD) is reacting off the pivot and could drop to the 1st support.
Pivot: 69.68
1st Support: 66.60
1st Resistance: 71.29
S&P500 (US500) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which is an overlap resistance.
Pivot: 5,405.74
1st Support: 5,176.07
1st Resistance: 5,769.85
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Tariffs can have a significant impact on USOILThe expiration of the extended US import tariffs on Canada and Mexico next Wednesday may impact USOIL:
Supply : Tariffs could disrupt US-Canada crude oil trade, cutting US supply and raising prices. Trade pattern changes may also affect global supply and USOIL prices.
Demand : Tariffs may slow economic growth, reducing crude oil demand and exerting downward price pressure. Uncertainty dampens consumer and business confidence, further suppressing demand.
Market Sentiment & Finance : Policy changes heighten uncertainty, making investors cautious and increasing USOIL price volatility. Capital may flow out, pressuring prices, but portfolio adjustments for hedging could support them.
Also, OPEC and non-OPEC plans to end production cuts in April may boost global supply and lower USOIL prices.
USOIL:Continue to sell at highs tomorrowAfter breaking below the lower edge of the range, the medium-term trend of crude oil has been continuously moving in a secondary oscillation around low levels. In terms of momentum, neither the bullish nor bearish momentum has significantly overwhelmed the other, and there has been no continuation of the bullish trend.
Regarding the support level, we should first consider the 68.5 mark, which was an important resistance level that the oil price previously broke through. For tomorrow's trading operations, it is advisable to mainly consider selling at highs.
USOIL Trading Strategy:
Sell@70-70.5
TP:69-68.5
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USOIL:Analysis of the Oil Market Trend for Next WeekAmid the anticipated trade uncertainties, concerns on the supply side have resurfaced. With the April 2nd tariff effective date approaching, the market is taking a cautious stance in the short - term. Supported by the decline in oil inventories and the prevailing concerns, oil prices have rebounded and are nearing the resistance range. In the medium - term, the market is constrained by the expected slowdown in global demand, and the focus is on waiting for the resistance test.
Strategy recommendations: Given the range - bound trading, consider short - selling at high levels and buying at low levels.
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USOIL BEARS WILL DOMINATE THE MARKET|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 68.97
Target Level: 64.65
Stop Loss: 71.85
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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USOil:Profit realized by shorting on reboundsOn Thursday, crude oil dipped and then rallied towards the end of the trading session, reaching a low of around 69.1. Today, it rebounded to around 69.8 and then started to decline. The short-selling strategy implemented in the morning resulted in a profit.
Next, attention should be paid to whether the upper resistance level of 70 can be broken through. If it cannot be broken through in a short period of time, consider shorting again during the subsequent rebound.
USOIL Trading Strategy:
Sell@69.7-70
TP:68.5-68
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Oil Market Update – 28 March 2025Oil Market Update – 28 March 2025
Oil prices continue to move within a volatile range, influenced by competing fundamental factors. On one hand, geopolitical developments — such as potential sanctions on oil-producing nations and newly announced U.S. tariffs on Venezuelan oil — have contributed to recent upward pressure. On the other hand, market participants remain cautious due to broader macroeconomic uncertainties.
Key Levels Observed by Market Participants:
• The $71.50 level has previously acted as a point of interest; some analysts are watching to see how price behaves around this area.
• In the event of downward movement, the $66.00–$66.50 range has historically attracted attention during past price consolidations.
• Should the price establish itself above $72.00 with supportive developments, attention may turn toward the $75.00 region, which has been highlighted in prior analyses.
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Crude oil test the $70 area: what's next?Crude oil had reached the psychological level of $70, and that might become a potential crash test for the rally: should the level be rejected, it may trigger a liquidation of the upside move, as this level is considered as a fair price according to the supply and demand equilibrium.
Technically, the price is located at a higher band of Bollinger Bands, according to the daily chart, and the potential turning point might happen if the price tries to break the level and fails: that would draw a classical “bullish trap”, as displayed on the chart.
Don't forget - this is just the idea, always do your own research and never forget to manage your risk!
WTI CRUDE OIL – Bullish Continuation Ahead?TVC:USOIL is currently trading within an ascending channel, with price recently bouncing off the trendline support after a corrective move. This rebound suggests that buyers are stepping in, maintaining the bullish structure within the channel.
If the bullish momentum continues, we could see a move toward 70.10, which aligns with a key resistance level within the channel. This level could serve as a potential short-term target before a possible reaction from sellers. A clean breakout above the resistance zone could open the door for further upside. However, a failure to sustain this upward push could lead to another retest of the lower boundary.
Traders should watch for bullish confirmation signals such as higher lows, strong bullish candles, or increasing volume before considering long positions.
If you agree with this outlook or have any additional insights, feel free to share your thoughts!
USOil:When it rebounds to the resistance, continue go shortIn terms of crude oil, in the short term, with the decline in US crude oil inventories, the escalation of US sanctions against Iran and Venezuela, and the resumption of hostilities between Russia and Ukraine, efforts at reconciliation have been ineffective. Therefore, the short-term market has hyped up the reduction in crude oil supply, causing crude oil to fluctuate repeatedly at high levels without being able to decline. However, as tariffs are upgraded and concerns about the global economic downturn intensify, the demand for crude oil has further decreased. At the same time, in order to control inflation, the control of crude oil prices remains a top priority.
Therefore, the medium- to long-term downward trend remains unchanged. Currently, from a technical perspective, when crude oil rebounds to the resistance level, it is advisable to continue taking short positions as before.
USOIL Trading Strategy:
Sell@69.7-70
TP:68.5-68
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WTI Oil H4 | Bullish uptrend to extend further?WTI oil (USOIL) could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 68.65 which is an overlap support.
Stop loss is at 67.53 which is a level that lies underneath a swing-low support and the 50.0% Fibonacci retracement level.
Take profit is at 71.06 which is a swing-high resistance.
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69.374-70.880 section is a crossroads
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The April TradingView competition is sponsored by PEPPERSTONE.
Accordingly, we will look at the coins (tokens) and items that can be traded in the competition.
Let's talk about the SPOTCRUDE chart.
--------------------------------------
(SPOTCRUDE 1M chart)
We need to see whether it will rise along the trend line (1) or fall along the trend line (2).
Since the volume profile section is formed around 75.723, the key is whether it can rise above this section.
If it fails to rise, it will eventually meet the HA-Low indicator of the 1M chart.
Currently, the HA-Low indicator of the 1M chart is formed at 43.327.
-
(1D chart)
The M-Signal indicators of the 1D, 1W, and 1M charts are in reverse arrangement.
Therefore, in order to continue the upward trend, it must eventually rise above the M-Signal indicator of the 1M chart.
Therefore, the key is which direction it deviates from the 69.374-70.880 section.
When the competition started,
- If the price is maintained above 70.880, the long position is expected to be advantageous,
- If the price is maintained below 69.374, the short position is expected to be advantageous.
However, since the overall trend of the chart is down, a short and quick response is required when trading with a long position.
-
Thank you for reading to the end.
I hope you have a successful transaction.
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Continue to be bearish.Supply : The United States has intensified its energy sanctions against Iran. Attacks on Saudi facilities have affected their performance. The OPEC+ will gradually lift the voluntary production cuts starting from April and may increase production for the second time in May. The 30-day ceasefire agreement between Russia and Ukraine has not been effectively implemented in substance. However, recently, the United States, Russia, and Ukraine have reached some consensus on Black Sea navigation and the protection of energy facilities.
From a technical perspective, when the price repeatedly encounters resistance below an important resistance level and fails to achieve an effective breakthrough, it is often a bearish signal. This implies that the selling force in the market is dominant. Once the price starts to retrace due to its inability to break through the resistance, it may initiate a downward trend. Therefore, based on the strong resistance level at 70.000, there is a certain basis in technical analysis for a bearish outlook.
💎💎💎 USOIL 💎💎💎
🎁 Sell@70.000 - 70.200
🎁 TP 68.5 68.0 67.5
The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed,Follow the link below to get my daily strategy updates
USOIL:Pay attention to the short-term adjustmentCurrently, in the 4-hour time frame, the crude oil price is temporarily maintaining a high-level oscillatory consolidation. However, after consecutive periods of oscillation, there are signs that the technical pattern is gradually weakening. The short-term moving averages are beginning to gradually turn downward and diverge, and the K-line is starting to be under pressure from the short-term moving averages, maintaining a slightly weaker operating trend. It is believed that there may still be a certain room for adjustment in the short-term trend. In terms of trading operations, consider the short position opportunity around 69.7-70.
USOIL Trading Strategy:
Sell@69.7-70
TP:68
Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!