USOILTrend: Bullish on Daily / 4H — making higher highs/lows.
However, price is now near a supply zone / local resistance at $75.60–$76.00.
You're executing a scalp short trade on a potential rejection at resistance before continuation.
USOIL – Short Setup in Bullish Context
Position: Sell (Short)
Entry: $75.672
Targets:
🎯 TP1: $74.600
🎯 TP2: $73.800
Stop Loss: ❌ $76.500
Trend Context: Medium-term bullish – shorting short-term resistance rejection
XTIUSD trade ideas
USOIL Bearish Reversal Setup from Rising Wedge Near Value AreaThis 1H chart of USOIL (WTI Crude Oil) shows a clear rising wedge formation approaching a strong supply zone near the $75.07 resistance level. The projection suggests a potential liquidity grab above the wedge, followed by a sharp bearish breakdown. The target for the drop is around $66.36, indicating a significant downside move after a failed breakout attempt. Price action traders should watch for bearish confirmation once the structure breaks.
Analysis of the latest crude oil market trendCrude oil prices stabilized after a sharp rise on Tuesday, with the market keeping a close eye on the potential escalation of conflicts in the Middle East. According to market surveys, Iran's crude oil export infrastructure has not been directly hit so far, and most of the impacts are still concentrated on shipping. However, analysts point out that if the conflict spreads to the entire region, oil prices are likely to rise further significantly. The current rise in crude oil prices is not only dominated by actual supply and demand but is highly influenced by geopolitics. Market sentiment is extremely vulnerable to disturbances from external events. As the global energy artery, the stability of the Strait of Hormuz provides strong support for oil prices. When the uncertainty of the geopolitical situation intensifies, attention should be paid to the release of U.S. official inventory data and the development of diplomatic processes.
Technical analysis of crude oil: The moving average system is in a bullish arrangement, and the medium-term objective trend direction is upward. The current trend is in the rhythm of the main upward trend. The fast and slow lines of the MACD indicator coincide with the bullish columns above the zero axis, indicating that the bullish momentum is currently full. It is expected that the medium-term trend is expected to usher in a rising rhythm.
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Trading Strategy:
buy@72.0-72.5
TP:74.0-74.5
WTI drops as Trump keeps markets guessing Despite a huge draw in US crude inventories - not that this was going to move the market given the focus being firmly fixated on the Middle East situation - oil prices fell as Trump kept markets guessing about US military involvement in Iran. The US president said: "I may do it. I may not do it. Nobody knows what I’m going to do." The US president also revealed that he told Israel PM Netanyahu to keep going, but has not given an indication that the US will provide more help. Meanwhile, Iran has issued an evacuation warning for residents of Haifa, Israel. This suggests that the conflict is far from over. But for now at least, the US is not getting involved, if one can believe Trump.
Anyway, WTI is now back at short-term support here, around the $72 handle. If it goes back above $73.00 again then we may see momentum build up again to the upside, especially if the war between Iran and Israel escalates.
By Fawad Razaqzada, market analyst with FOREX.com
Oil Traders Brace for Impact: US War or Pullback?WTI Crude Oil – Intraday Update: Tension Builds Inside Rising Channel
1H Technical Outlook — June 18, 2025
🧭 Current Market Structure:
WTI is currently trading at $72.54, holding above key support but struggling to break through a strong intraday supply zone around $73.80–74.00. Price has formed a rising channel, gradually climbing with higher highs and higher lows—often a pre-breakout structure.
Momentum on the Stochastic oscillator is turning, suggesting the market is preparing for a strong directional move.
📊 Key Technical Levels:
Resistance Zones:
$74.00 – intraday supply
$76.00 – swing high zone
$78.00+ – war-driven extension target
Support Zones:
$70.00 – mid-channel & psychological level
$68.00 – previous breakout zone
$66.00 – bearish continuation target if war is ruled out
🔺 Scenario 1: US-Iran War Escalates (Bullish Breakout)
If the U.S. launches airstrikes or there is confirmed military escalation:
Expect immediate breakout above $74.00.
Price likely to test $76.00, followed by an impulsive move toward $78.00+.
Intraday traders should watch for breakout retest setups on lower timeframes (M15/M5).
🛢️ Market could price in a $5–$10 geopolitical premium per barrel within hours if conflict begins.
🔻 Scenario 2: No War / De-escalation (Bearish Breakdown)
If headlines signal de-escalation or diplomacy:
Rising channel may break to the downside.
WTI could fall back to test $70.00, and if broken, flush toward $68.00–66.00 support.
Watch for bearish engulfing candles, divergence, or momentum fading.
📉 Oil often unwinds risk premium quickly when fear fades — beware sharp selloffs.
🔁 Neutral Intraday Note:
Price currently consolidating between $72.00–74.00 inside an ascending channel.
Break above or below this range will dictate momentum.
Wait for confirmation candle close before entering breakout trades.
🛡️ Risk Management:
Avoid large overnight positions — news headlines can cause gaps or whipsaws.
Use tight stops if trading breakout/down; volatility is news-driven.
Consider options strategies for limited risk exposure (calls above $74 / puts below $70).
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⚠️ Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
WTI Crude Oil bullish on geopolitical riskWTI Price: Trading around $74.60, extending gains in European trading hours.
Key Drivers Today:
Geopolitical Risk:
Tensions between Israel and Iran are rising.
Trump called for Iran’s “unconditional surrender,” increasing fears of US involvement.
Iran may shut the Strait of Hormuz — a key oil shipping route — which could disrupt supply and push prices higher.
Bullish API Inventory Data:
US crude stockpiles dropped by 10.1 million barrels last week (vs. -0.6M expected).
Signals strong demand or tighter supply, adding bullish pressure to WTI.
Trading Implication:
Geopolitical risk + surprise inventory draw = bullish bias for WTI.
Watch for momentum toward $77.20 resistance, with support near $71.80.
Eyes now on EIA data for confirmation and any new Middle East headlines for further upside.
Key Support and Resistance Levels
Resistance Level 1: 77.20
Resistance Level 2: 7940
Resistance Level 3: 82.00
Support Level 1: 71.80
Support Level 2: 70.00
Support Level 3: 69.00
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USOIL 1 - Hour Chart AnalysisUSOIL 1 - Hour Chart Analysis
Key Levels
Support: ~69.50 (short - term), 67.70 (critical backup).
Resistance: 73.50 (major hurdle, tested before).
Trend, Pattern & Middle East Conflict
Price oscillates between support/resistance, with a potential “V - shaped reversal”. Middle East conflicts add high uncertainty:
Escalation: Fears of supply cuts could push price above 73.50 rapidly.
De - escalation: May pressure price down, but 67.70/69.50 still get support from lingering supply - risk worries.
Trading Strategies
Bullish: If 69.50 holds (e.g., long lower shadows/bullish candles), small - size long. Target 73.50; stop - loss ~69.20. Watch for sudden conflict news.
Bearish: If 69.50 breaks (consecutive closes below), short. Target 67.70; stop - loss ~69.80. Stay alert to conflict updates.
Note: Oil prices hinge on supply - demand, Middle East tensions, and the USD. Combine tech/fundamental analysis; manage risk strictly.
⚡️⚡️⚡️ USOil ⚡️⚡️⚡️
🚀 Buy@ 70.50 - 71.00
🚀 TP 73.00 - 74.00
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
WTI Oil H1 | Falling toward 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 73.31 which is a pullback support that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 70.90 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 77.60 which is a swing-high resistance.
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The best opportunity is when crude oil falls
💡Message Strategy
Crude oil futures fell in the European session on Monday (June 16), giving up earlier gains, as a new round of hostilities between Israel and Iran had limited impact on oil production and exports.
WTI briefly rebounded to $77.49, close to last week's high, which was also our second profit target, but failed to break through the key resistance level near $78.09.
Oil prices surged 7% on Friday, driven by geopolitical risks, pushing crude to its highest level since January. However, Monday's reversal reflected the lack of immediate threats to supply routes, especially the strategically important Strait of Hormuz.
If Iran's production drops sharply due to the conflict, the global oil supply buffer will be quickly exhausted and oil prices may usher in a new round of surges. Faced with this complex situation, investors, oil-producing countries and consumers need to be prepared to meet the possible energy storm.
This is also the reason why we repeatedly emphasize that crude oil should be long when it falls. We can foresee its upward momentum, and the pullback is only in a moment without any signs.
📊Technical aspects
The short-term (1H) trend of crude oil continued to fluctuate upward, and the price near 74 was tested. The moving average system relies on the bullish arrangement of oil prices, and the short-term objective trend direction remains upward.
In the morning, the oil price hit a new high near 75.30, and then fell back and closed with a negative real candlestick. The short-term momentum is still bullish, and it is expected that the trend of crude oil will continue to maintain a high-level oscillating upward rhythm.
💰 Strategy Package
Long Position:69.50-70.50
The first target is around 73.00
The second target is around 75.00
WTI crude oil Wave Analysis – 17 June 2025
- WTI crude oil reversed from round support level 70.00
- Likely to rise to resistance level 78.00
WTI crude oil recently reversed from the round support level 70.00 coinciding with the upper trendline of the recently broken up channel from May.
The downward reversal from the support level 70.00 formed the weekly Japanese candlesticks reversal pattern Bullish Engulfing – which increases the probability WTI will continue to rise in the active impulse wave C.
Given the strength of the active impulse wave C, WTI crude oil can be expected to rise to the next resistance level 78.00 (target for the completion of wave (4), which reversed the price in January).
Oil Eyes $90+ as U.S.–Iran Conflict LoomsWTI Crude Oil — Bullish Reversal in Play as War Risk Escalates
Technical & Geopolitical Outlook — Weekly Chart | 17 June 2025
🧭 Current Market Condition:
WTI crude oil is breaking out of a multi-month falling wedge, a classically bullish reversal pattern, after bouncing from the $67–68 support region. This technical move is further amplified by rising geopolitical tensions in the Middle East, particularly fears of a potential U.S. military strike on Iran, which would threaten global oil supply routes through the Strait of Hormuz.
The current breakout attempt aligns with a sentiment shift from oversold to recovery mode, supported by a sharp rise in weekly momentum indicators.
📊 Key Technical Highlights:
Bullish Falling Wedge Breakout: Price breaking above descending resistance.
Key Resistance Levels:
$76.67 – immediate supply zone
$92.82 – prior breakout area; major target if breakout sustains
Key Support Levels:
$71.28 – breakout retest level
$67.00–$68.00 – wedge base, strong historical support
$52.00 – longer-term bearish invalidation (unlikely unless demand collapses)
Momentum: Weekly stochastic sharply rising from bottom, signaling strength building.
🔺 Bullish Scenario — If U.S. Attacks Iran:
If the U.S. carries out military strikes on Iranian targets, oil prices are highly likely to:
Price in geopolitical risk premium of $10–$20/barrel.
Spike toward $90–$100 range within days or weeks due to:
Fears of supply disruption (Hormuz choke point)
Panic buying and short covering
Strategic reserves hoarding
Technical Targets:
$76.67 → Break above confirms bullish continuation
$92.82 → First major upside target
$100–$110 → Stretch target if conflict escalates or prolongs
🛢️ Energy traders and institutions typically front-run geopolitical escalations, so price can jump before any physical conflict if tensions remain unresolved or rhetoric intensifies.
🔻 Bearish Scenario — Fake Breakout or De-escalation:
Rejection from $76.67 or failure to hold above $71.28 can trigger pullbacks.
If tensions cool and Iran conflict is diplomatically diffused:
WTI may slide back toward $68.00 and re-enter the wedge.
Below $67.00, oil could revisit $60–$52 range in a risk-off macro environment.
🛡️ Risk Management & Outlook:
Geopolitical events can override technicals, especially in commodities.
Gaps, whipsaws, and sharp reversals are common — caution with overnight positions.
Consider hedging strategies or limited-risk option plays if trading leveraged oil instruments.
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⚠️ Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
OIL🛢️ Oil is caught in an unbalanced price zone due to rising global tensions.
Prices have spiked and with that, inflation risks are back on the table.
Now here's the play I see forming:
📌 The Fed might choose not to cut interest rates as a way to cool inflation without printing more money.
📌 This also puts pressure on China to act since rising oil prices hurt their economy too, they may push Iran to scale back aggression in order to stabilize global markets.
Everything is connected. This isn’t just about oil it’s about global strategy, inflation control, and power dynamics.
Crude Oil Tests $74FenzoFx—Crude Oil climbed to $74.0, testing the bearish Fair Value Gap and a high-volume zone.
The Stochastic Oscillator signals an overbought market, suggesting possible consolidation. Oil could dip toward the previous daily low if $74.0 holds as resistance during the NY session.
A breakout above $74.0 would invalidate the short-term bearish outlook.
The latest long - short trading recommendations for crude oil.On Monday, the two benchmark oil prices fell by more than 1% due to media reports that Iran might seek to ease the situation. However, the market's short-term optimism proved unsustainable. Currently, oil price movements are driven primarily by geopolitics rather than fundamentals. Market sensitivity to the Middle East situation has surged to an extremely high level, with even the slightest development triggering violent volatility. The possibility of supply disruptions remains high in the short term, and close attention should be paid to Iran's oil export trends and the actual execution of OPEC+ after its meeting. Meanwhile, be wary of the risk of sharp consolidation amid mixed geopolitical and negotiation news.
In terms of momentum, the fast and slow lines of the MACD indicator have crossed below the zero axis, forming a golden cross with an upward divergence, indicating a stalemate between bullish and bearish momentum. In terms of patterns, a flag continuation pattern has emerged, with penetration of the upper edge of the flag, and the overall trend is in a secondary rhythm. It is expected that crude oil prices will mainly fluctuate and consolidate within the pattern.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
buy@70.0-71.0
TP:74.0-75.0
US OIL SHORT RESULT Crude oil eventually broke out of the major 4HTF Bearish falling Trendline, Moving against our direction as I thought it might respect the Resistance Trendline and dump.
But apparently I entered too early and should've waited for reversal signs or fake outs.
And done better Technical Analysis and 4HTF Trend.
WTI rebounds from key support as Middle East tensions intensifyThe latest escalation in the conflict between Israel and Iran initially didn't cause much panic in the oil market. After spiking initially to an overnight high of $75.70, WTI has since been on a decline, before hitting a low so far of $68.50. That represents a 9.5% drop from the overnight high, which is massive. Investors have been pricing out the risk of of oil supplies being meaningfully impacted. But the latest air strikes on Tehran and Israel declaring that it had "full aerial operational control" over Tehran means tension are rising another bombardment of Tel Aviv was most likely on the agenda for Iran. Oil has been bouncing back as a result. So far, it hasn't impacted equities, with major US indices remaining near their session highs. But will that change if oil extends it recovery?
Key support at $68.60 has been defended as we can see on the hourly chart. $70.00/$70.10 is now reclaimed, which is a bullish sign. Resistance is seen around $72.20. Above that, $73.00 will be in focus.
By Fawad Razaqzada, market analyst with FOREX.com
Crude oil continues to decline - latest market trend analysisThe international oil market is currently experiencing a classic upward cycle of "geopolitical risk premium". In the short term, oil prices will be highly sensitive to any news regarding the security of the Strait of Hormuz. Crude oil has continued its volatile upward trend in the short term, surging to test the price near $74. The moving average system is bullishly aligned with oil prices, and the objective short-term trend direction remains upward.
In early trading, oil prices hit a new high near $75.30, but then surged and fell, closing with a bearish real body K-line. The short-term momentum still favors the bulls, and it is expected that the intraday trend of crude oil will continue to maintain a high-level volatile upward rhythm.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
buy@68.5.0-69.5
TP:73.0-74.0
WTI - ANALYSIS BUY AREA This week the ongoing conflict seems to bring more uptrend to this commodity
I believe that the last broken resistance now turning support at 67.300 will be tested prior to the OIL raising again
If the conflict doesn’t end and we don’t have a ceasefire we could see this commodity running to the 78.000 and 82.000 levels
USOIL Will Go Higher From Support! Buy!
Take a look at our analysis for USOIL.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 67.337.
Taking into consideration the structure & trend analysis, I believe that the market will reach 69.433 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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