WTI Crude: Bears Target 60.549 USDHey traders and investors!
๐น Crude Oil โ 1D / 4H
๐ Context
Daily (1D): clear short trend; price capped below 65.40 USD.
4-Hour (4H): sideways range โ its boundaries are marked by black lines on the chart โ with seller initiative in control.
Higher-time-frame levels reinforce the bearish bias.
๐ 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.
๐ฏ Trade Idea
Setup: hunt for short patterns inside the IKC range.
Target: 60.549 USD (range low).
Confirmation: pattern on M15โH1 + seller-side volume.
๐ 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!
XTIUSD trade ideas
USCRUDEOIL - Potential SellHi Traders,
Here is my view on CMCMARKETS:USCRUDEOIL
BIAS: SELL
Logical Analysis:
From April 2020 to March 2022, oil experienced strong buyer demand, pushing price aggressively from the $7 level up to around $120.
At that point, sellers stepped in, and a temporary agreement between buyers and sellers was established around the $120 zone โ a fair value at the time.
Since March 2022, price has been declining โ entering a discount phase.
However, the move has not been sharp or aggressive, suggesting sellers are not in a rush.
Importantly, no significant buyer interest has been observed during this entire discounted phase.
๐ Interpretation:
The โstoreโ (market) offered oil at a huge premium until buyers stopped stepping in at high prices. Since then, the price has been marked down gradually, waiting for a new batch of interested buyers โ who havenโt shown up yet but be aware.
Technical Analysis: see chart
Good Luck
USCRUDEOIL - Potential Buy (Day Trading) & Sell (Swing Trading)Hi Traders,
We are BUYING CMCMARKETS:USCRUDEOIL
๐ง Price Action Analysis:
USOIL has recently shown strong bullish momentum, bouncing off key support levels and forming higher lows.
Today, price is holding above a critical zone, suggesting continued interest from buyers. If this support holds and momentum builds, we could see a move toward recent highs.
Good Luck
Will crude oil prices continue to rise?On Wednesday, international crude oil prices surged to nearly a one-month high amid market concerns over supply disruptions in the Middle East. News that Israel may strike Iranian nuclear facilities has ignited a risk premium for crude oil, while stalled progress in U.S.-Iran nuclear negotiations has also tightened supply expectations. The latest data from the Fujairah Oil Industrial Zone in the UAE showed that as of the week ending May 19, total refined product inventories at the Port of Fujairah stood at 20.562 million barrels, a 4.9% decline from the previous week. Light distillate inventories fell by 357,000 barrels to 8.277 million barrels, medium distillate inventories dropped by 467,000 barrels to 1.295 million barrels, and heavy residual fuel oil inventories rose by 1.651 million barrels to 10.99 million barrels.
Crude oil experienced a pullback today, with prices oscillating lower after the opening, showing minor fluctuations. Notably, prices gradually broke to new lows, suggesting a high probability of a rapid decline. Overall, crude oil has been in a stalemate between rally and correction recently, showing a pattern of daytime declines and night-time gains, but this may shift today. In trading, consider going long on rebounds as the primary strategy and shorting at highs as a secondary approach. Monitor resistance at the $63.0-$64.0 per barrel level and support at the $61.0-$60.0 per barrel level.
Trading Strategy:
buy@60.0-61.0
TP:63.0-64.0
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.
USOIL Today's Trading StrategyThe current crude oil price is $62.5 per barrel. Recently, the crude oil price has witnessed a certain degree of decline, mainly affected by factors such as the unexpected production increase of OPEC+ and the suppression of demand by US tariffs. Since April, the international crude oil market has seen a sharp decline. First, Trump announced the launch of the "reciprocal tariff" policy, which has intensified market concerns about the global economic growth outlook and will once again lead to a decline in crude oil prices.
USOIL Today's Trading Strategy:
USOIL SELL@63.5-64
SL:65
TP:61~60
Oil bearish trend resumesI believe that we have been in a slow oscillating move to the high of $64.50. Which is a previous resistance area. The flash news of Israel planning on attacking Iran nuclear facilities caused a rally on the daily open. The markets viewed that this appears to be very unlikely to occur.
Price then hit the daily resistance area and started to fall since reaching these highs.
Today the build on oil inventories appears to have sealed oils fate and the downward pressure has continued.
WTI Oil H4 | Overlap support at 38.2% Fibonacci retracementWTI 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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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 โ reports suggest Israel may strike Iranโs nuclear sites, sparking fears of supply disruption from Iran (OPECโs 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.
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.
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.
Crude oil: 63.00 resistance & 60.00 support keyPrices are currently testing the upper resistance at $63.00 ๐. These levels are suppressing the price ๐ป. A decisive breakthrough above this level may trigger a more intense upward rally ๐ฅ. Meanwhile, recent selling pressure has pushed the price down to $60.60 ๐. Watch the pivot support at $60.00, the real downward target ๐ฏ
Crude oil surplus expanded in April, and imports increased, reaching multi - month highs from some countries ๐. If global benchmark oil prices rise in the future, purchases may be reduced ๐.
Crude oil fell first and then rose today ๐. After a deep dive to $60.9, it stabilized and started to rise ๐ผ. After the previous price increase and adjustment, it remains to be seen if the upward momentum will continue and break through upwards ๐.
Overall, on the delivery day, oil prices are volatile ๐ผ๐ฝ. Watch the resistance at $63.0 on the upside and the support at $60.60 - $60.0 on the downside ๐.
โก๏ธโก๏ธโก๏ธ USOil โก๏ธโก๏ธโก๏ธ
๐ Sell@ 62.50 - 62.30
๐ TP 61.50 - 60.60
Accurate signals are updated every day ๐ If you encounter any problems during trading, these signals can serve as your reliable guide ๐งญ Feel free to refer to them! I sincerely hope they'll be of great help to you ๐ ๐
WTI OIL 1H Channel Up make or break Targets.WTI Oil (USOIL) has been trading within a Channel Up on the 1H time-frame that is supported by the 1H MA200 (orange trend-line). As long as this holds, we expect another +2.50% Bullish Leg (at least), which gives a Target of $63.55.
If the price breaks below the 1H MA200 though, we will take this small loss on the long and go short instead, targeting Support 1 at $60.60.
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๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
๐ ๐ ๐ ๐ ๐ ๐
Crude Oil (WTI/USD) Short Setup๐ป Crude Oil (WTI/USD) Short Setup โ Trend Exhaustion with Bearish Risk/Reward Play
Crude oil has shown weakness after failing to reclaim the $62.50โ63.00 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.
๐ Entry: 61.97
๐ฏ Target: 57.83
๐ Stop Loss: 63.87
๐ Risk/Reward Ratio: 2.18
๐ Expected Duration: ~5 days
๐ 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.
๐ฌ A break below 60.12 confirms momentum shift. A close above 62.50 invalidates the short.
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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USOILUSOIL (WTI Crude) Fundamentals โ May 2025
1. Supply and Demand Dynamics
Global Oil Demand:
The International Energy Agency (IEA) projects global oil demand growth will slow from 990,000 barrels per day (bpd) in Q1 to around 650,000 bpd for the rest of 2025, reflecting economic headwinds and record-high efficiency gains.
The IEAโs latest report (May 2025) estimates total demand will rise by 741,000 bpd in 2025, reaching 103.9 million bpd, with emerging markets (China, India, Africa, Latin America, Middle East) driving most of the growth.
OECD demand is expected to decline, while non-OECD demand remains geographically diversified.
Global Oil Supply:
Global crude oil and liquids supply is forecast to average 104.4 million bpd in 2025, up 1.8 million bpd (+1.7%) from 2024.
Non-OPEC+ countries (U.S., Brazil, Guyana, Canada) are expected to contribute most of the supply growth, potentially resulting in a supply surplus.
OPEC+ extended its 3.7 million bpd supply cuts to the end of 2026, but voluntary cuts will be gradually phased out starting April 2025.
Supply-Demand Balance:
The EIA expects a supply surplus in 2025 as non-OPEC+ supply growth outpaces demand increases, especially with OPEC+ phasing out some cuts.
2. Inventory and Refinery Data
U.S. Inventories:
U.S. commercial crude oil inventories fell by 2.7 million barrels at the end of April, now about 6% below the five-year seasonal average.
Gasoline and distillate inventories remain below average, suggesting tightness in refined product markets.
U.S. refineries are operating at 88.6% capacity, with robust input and flat-to-lower gasoline production.
3. Geopolitical and Macro Factors
Trade Policy and Geopolitics:
Recent easing of U.S.-China trade tensions and progress in U.S.-Iran nuclear talks have improved risk sentiment and supported oil prices.
Hopes for a Russia-Ukraine ceasefire and de-escalation in the Middle East have reduced risk premiums, but the market remains sensitive to any setback in negotiations.
OPEC+ Compliance:
OPEC+ compliance with production cuts was high (112%) in March 2025, tightening supply and helping prices rebound from recent lows.
4. Price Trends and Outlook
Current Prices:
WTI crude is trading around $62.80โ$63.50, rebounding from recent lows but still well below early 2025 peaks.
Price volatility remains high (Brentโs 30-day realized volatility peaked at 35%), reflecting sensitivity to geopolitical headlines and inventory data.
Forecasts:
J.P. Morgan maintains a Brent forecast of $66/bbl for 2025, with expectations for prices to remain under pressure due to supply surplus, but potential for mid-$70s if trade optimism and OPEC+ discipline persist.
Futures markets price WTI at an average of $75/bbl for 2025, though this is above current spot prices.
Summary Table
Factor Current Status/Impact (May 2025)
Global Demand Growth Slowing, driven by emerging markets
Global Supply Rising, led by non-OPEC+ (US, Brazil, Guyana)
OPEC+ Policy Extended cuts, gradual phase-out
US Inventories Below 5-year average, supporting prices
Geopolitical Risk Lower, but market remains headline-sensitive
WTI Price Range $62.80โ$63.50 (recent), futures avg $75/bbl
Volatility High, driven by macro and geopolitical uncertainty
Conclusion
USOIL fundamentals for May 2025 reflect a market balancing slower demand growth, robust non-OPEC+ supply, and cautious optimism on geopolitics. Ongoing OPEC+ discipline and below-average inventories provide some support, but the risk of a supply surplus and persistent volatility keep prices capped. Watch for trade policy shifts, OPEC+ compliance, and inventory trends as key catalysts for the month.
WTI CRUDE OIL: Mirror pattern calls for a sell.WTI Crude Oil is neutral on its 1D technical outlook (RSI = 50.222, MACD = -0.370, ADX = 25.154) as the price is just under the 1D MA50, where it got rejected last Tuesday. In the meantime, it has the support of the 4H MA50, hence stuck inside a neutral range. This pattern is however identical to April, after which the price declined aggressively to the S1 level. Sell, TP = 56.00.
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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.๐๐๐
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๏ผ
buy @ 61.00-61.50
sl 60.00
tp 62.30-62.80
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WTI Update | Oil CrashSince the last update we were able to perform about two to three swing trades. One from $70 - $79, and from $79 to $68. The next move I'm looking for is another short position from current market price ~($62) to swing to the next major low $33.
We saw a rejection last week and we're currently pulling back to retest the little selloff we had.
Could say this next local move will look to selloff mid week making its way back to $57 which would be a nice short term swing.
The $33 target would be the long term swing of course and moving on I would like to see a break below $57 and a retest.