USOIL Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for USOIL below:
The price is coiling around a solid key level - 61.43
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 60.40
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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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XTIUSD trade ideas
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Concerns about demand limit the upside potentialDriven by the U.S. sanctions on Iran's oil exports, crude oil rebounded in the short term. OPEC has received updated compensation production reduction plans from eight countries (reducing daily oil production by 305,000 barrels until June 2026), coupled with the U.S. intention to reduce Iran's energy exports to zero. The recent oil price rally is primarily driven by short-term news, reflecting supply disruptions and sentiment repair rather than fundamental improvements.
Although U.S.-Iran sanctions and OPEC quota adjustments may trigger periodic tensions, escalating global trade concerns and institutional downward revisions to demand forecasts will limit the upside of oil price rebounds.
USOIL
buy@62-63
tp:64-65
I hope this strategy will be helpful to you.
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USOIL: Target Is Down! Short!
My dear friends,
Today we will analyse USOIL together☺️
The market is at an inflection zone and price has now reached an area around 64.411 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 63.338..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Oil - Looking To Sell Pullbacks In The Short TermH4 - Strong bearish move.
No opposite signs.
Currently it looks like a pullback is happening.
Expecting bearish continuation until the two Fibonacci resistance zones hold.
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.USOIL NEW (M30) ANALYSIS UPDATES
**USOIL M30 Trading Idea (April 16, 2025)**
**Setup Type:** Short (Sell) Setup
**Market Outlook:**
The price is currently trading around **61.76**. Based on the structure and expected movement, the chart indicates a potential bearish reversal after a short-term rally.
**Planned Strategy:**
- **Entry Point:** Around **62.28 - 62.47**
Price is expected to rise into this resistance zone. This area can be used to enter short positions.
- **Target Point:** Around **60.25 - 60.02**
This is the projected support zone where the price may find buying interest again, hence ideal for profit-taking.
**Trade Idea:**
Wait for the price to rise into the resistance zone (entry area). Look for rejection signals or bearish candlestick patterns (like a bearish engulfing, pin bar, or double top) to confirm the short entry. If confirmation appears, enter a **sell position** targeting the lower blue zone as the take-profit area.
**Key Levels:**
- **Resistance Zone (Entry Area):** 62.28 – 62.47
- **Support Zone (Target Area):** 60.25 – 60.02
**Risk Management Tip:**
Place stop-loss just above 62.50 to protect against a breakout above resistance.
USOIL Today's strategyWith the combination of oversupply, weak demand, technical factors, and geopolitical uncertainties, there is a high probability of a short-term decline in USOIL prices. Investors should closely monitor the dynamic changes.
USOIL
sell@61.5-62
tp:60.5-60
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
Strategic Analysis of Crude OilCurrently, in the daily trend of crude oil, it is temporarily maintaining a range-bound consolidation at a low level. After consecutive periods of oscillation, there are signs that the technical pattern is gradually being repaired. In terms of the large-scale cycle trend, it is likely that crude oil will still have some rebounds.
The short-term support below is around the level of 60.10. It is advisable to mainly go long during pullbacks and go short during rebounds as a supplement.
Oil trading strategy:
buy @ 60.30-60.50
sl 59.5
tp 61.20-61.40
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Recent correlation breakdown between $USOIL and $DXYUsually, market watchers will say if the Dollar index TVC:DXY is down then commodities like Crude Oil and Gold should outperform. But recent market events have invalidated this assessment. Since 2022 we see that there is a correlation breakdown between TVC:USOIL and $DXY. These 2 indexes have been moving in tandem recently. In 2025 we saw a massive sale in the TVC:DXY and a similar downturn in the US Dollar index. With TVC:DXY below 100 and TVC:USOIL recently below 60 $, these 2 indexes are clearly indicating a US recession with low Oil demand.
IN this chart we see that the next key support levels in TVC:USOIL is 54 $. If we go below 54 $ then the next level to watch will be 35 $. That will be a recessionary scenario last seen during COVID lows. That can bring down the TVC:DXY to 90 levels. All those will indicate a deep recession which is not my base case scenario. My assessment we will see TVC:USOIL @ 55 $ and TVC:DXY @ 95 and then we will hover around those levels.
Verdict: TVC:USOIL can touch 55 $ if TVC:DXY touches 95.
Crude Oil Holds at Key ResistanceFollowing a sharp rebound from the $55 low—mirroring broader market strength and gains in U.S. indices—oil is now hovering near a key resistance level at $64. Meanwhile, major U.S. indices remain below their respective resistance zones, awaiting confirmation of further uptrends.
A sustained break and hold above $64 could open the door for additional upside toward $66 and $70.
On the downside, if gains fail to hold and prices slip back below $64, support levels to watch are $60, $58, and $55.
A decisive break below $55 may trigger a steeper decline, potentially driving oil prices back toward the $49 per barrel region.
Written by Razan Hilal, CMT
USOIL:Trading strategy for next weekThe recent trend of crude oil has been extremely volatile, and the market continues to digest the recent sharp decline. Trump's approach of "suspension plus intensification" has dealt a blow to the global supply chain and the confidence in energy consumption. In the short term, the bullish momentum is somewhat insufficient. The trend at the beginning of the week tends to be fluctuating downward, and it is mainly advisable to take short positions on the rebound following the trend.
Trading Strategy:
Sell@62-61
TP:58-56
The signals last week resulted in continuous profits, and accurate signals were shared daily.
Short on Oil/Back to 57$ SOONI believe we can continue the retest of previous major support level at 65-66$ and fibonacci 0.618. This major support will be flipped to resistance in my opinion. We can see a significant sell-off back towards the 57$ area and below from this location.
I will be looking to enter a short trade from the 0.618 region/66$ if there is a rejection.
My mid-term/end-of-year prediction for US OIL is between 45-50$ and possibly lower.
If you believe in the fundamentals and idea of this setup, feel free to follow and use it.
Not financial advice.
USOIL: Tech Clues for Next - Week MovesOn Friday, the crude oil market showed a slight rebound, and the daily line finally closed as a small positive line. From the perspective of the weekly line, a positive line doji pattern was formed. This series of price movements indicates that the price of crude oil seems to have shown a short - term stabilization signal. However, when looking at the overall market trend, the bearish forces still dominate.
In terms of technical analysis, on the 1 - hour chart, a golden cross has occurred, breaking through the resistance and leading to an upward movement. On the 2 - hour and 3 - hour charts, the price is supported by the MA38 moving average and is moving upward. Additionally, on the 4 - hour chart, a golden cross is about to form.
Based on this, in terms of trading strategies, it is recommended to adopt an approach that mainly focuses on shorting with occasional long positions as a supplement. Given the current market situation, one can first pay attention to the volatile rebound. In the short term, investors can consider taking appropriate long positions. It should be noted with particular emphasis that there is a strong resistance level in the range of 62.5 - 63.5 above. This area will pose a crucial constraint on the extent of the rebound in oil prices.
USOIL
buy@60.8-61.3
tp:62-62.5
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USOIL BULLS WILL DOMINATE THE MARKET|LONG
USOIL SIGNAL
Trade Direction: long
Entry Level: 60.44
Target Level: 73.81
Stop Loss: 51.51
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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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USOIL: Bearish Continuation & Short Trade
USOIL
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell USOIL
Entry - 64.408
Stop - 66.133
Take - 60.964
Our Risk - 1%
Start protection of your profits from lower levels
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USOUSD (WTI crude) breakout-pullback-bearish continuation?Oil has been bearish for several months now and making mostly lower highs while the area between 67.140 and 65.280 has provided solid support. About 3 weeks ago a breakout below occurred and a pullback to the support zone is now in progress.
I will be monitoring PA closely next week to see if there is any evidence of bearish continuation. If bearish price action does resume, IMO, we could well see the round number 50.00 be achieved.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
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Major Crash on USOIL ???US OIL in danger of collapsing
Trading plan
SL:60
TP:50/ floating
Trading set up
break of major support since 2023 at 65 level
Lower low lower high that indicates bearish momentum
price below its moving averages that shows seller pressure
price rejects 0,618 fib retracement
reasoning:
trade war, China retaliation, global demand slowdown, and oil has broken its yearly major support.