BUY USOIL/XTIUSDXTIUSD making a bullish trend with break their last Lower high and retrace from 0.618 level we can buy here for making good profit.
XTIUSD trade ideas
WTI Price Analysis: Key Insights for Next Week Trading DecisionMarket Overview:
📉 WTI at $66.00: Trading defensively near a three-year low amid tariff concerns and OPEC+ output hikes.
📊 Inventory Build: A larger-than-expected US crude inventory build (up by 3.614M barrels vs. a forecasted decline) is adding pressure on prices.
⚖️ Tariff Uncertainty: Despite Trump's recent executive order exempting goods from Canada and Mexico under USMCA, overall tariff uncertainty remains a key concern.
🔺 OPEC+ Output Increase: For the first time since 2022, OPEC+ has ramped up production, weighing further on WTI.
Technical Insights:
📉 Descending Channel: The 4H chart shows a clear descending channel. Watch for the potential break of the channel's resistance line to the upside.
🎯 Key Level: Next week, the critical level to monitor is $66.50 – consider a buy if prices break above, and sell if they remain below.
Upcoming Catalysts:
⏰ US Employment Data: Keep an eye on the Consumer Price Index, Producer Price Index, Michigan Consumer Sentiment Index, EIA and API report. A weaker-than-expected report could lift the USD and boost oil prices.
Stay Tuned:
I'll provide a detailed update at the beginning of next week. Follow along for more insights and actionable trading strategies!
#WTI #CrudeOil #OilTrading #OilMarket #CommodityTrading #EnergyMarket #OilPrice #MarketAnalysis #TradingInsights #OPEC
Happy trading!
Disclaimer:
Forex and other market trading involve high risk and may not be for everyone. This content is educational only—not financial advice. Always assess your situation and consult a professional before investing. Past performance doesn’t guarantee future results.
Crude Oil (WTI) Analysis – March 10, 2025
1. Long-Term Range Trading at Key Support
The chart shows that Crude Oil (WTI) has been respecting the green line as a strong support-resistance zone for the past 5+ years.
Previously, this level acted as resistance (2018, 2019, 2021) before a breakout, and since then, it has been tested multiple times as support (2022, 2023, 2024, and now 2025).
2. Support Holding or Breakdown?
Scenario 1: Support Holds (Bullish Case)
If crude oil takes support at this level again, it could see a bounce and attempt to rally higher.
The strength of the bounce depends on volume and global oil demand factors.
Upside targets in case of a bounce: $80-$90 range.
Scenario 2: Breakdown (Bearish Case)
If crude breaks this major support with strong selling volume, it could trigger a major downtrend.
Next support levels to watch: $55-$60 zone.
A break below this range could lead to a deeper sell-off, possibly towards $45-$50 levels.
3. Key Indicators to Watch
Volume: A breakdown should be confirmed with high volume; otherwise, a false breakdown is possible.
Global Factors: Oil prices are heavily impacted by OPEC decisions, geopolitical risks, and demand-supply factors.
Price Action Confirmation: If price forms a bullish reversal pattern (like a double bottom or pin bar) at this level, it may confirm support holding.
4. Conclusion: Decision Point Ahead
Crude Oil is at a critical juncture—either it bounces from this strong support zone or breaks down into a bearish trend.
Traders should wait for confirmation before taking long or short positions.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Trading involves risks, and past performance does not guarantee future results. Always conduct your own research or consult a financial expert before making any trading decisions.
Would you like a detailed technical indicator-based confirmation for entry points? 🚀
Oil - see if my trading plan works, trade only if it works in thHello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
OIL Testing 6 Month LowOIL Testing 6 Month Low
OIL Analysis Yesterday, OIL tested a very strong area dating back six months to September 10, 2024. OIL reached $65 per barrel after a long time.
The market reaction was strong, pushing the OIL price up again to $67.3, an increase of nearly 1.7%.
Impact of U.S. Tariff Policy The uncertainty around U.S. tariff policy is creating concerns about demand growth, while major producers are set to increase output. However, this is not pushing oil prices down at the moment.
It looks like we could see a short-term bullish recovery before it moves down again. The liquidity near $65 should have been high as long as it is rising.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
WTI - High Probability of Continued Downtrend US Light Crude's 4-hour chart suggests a high probability that price will continue with the dominant downtrend and eventually break below recent lows. Currently trading around $67.17, crude oil has been in a persistent decline since late February, forming a series of lower highs and lower lows. The chart's projected path indicates a potential corrective bounce within the blue box area (approximately $68.50-$69.50), characterized by zigzag movements that would likely form a complex correction before resuming the bearish trend. This anticipated bearish continuation targets the horizontal red support line at around $65.77, with potential for moves below this level as indicated by the downward arrow. Recent failed attempts to sustain rallies and the steep decline from the $74.00 area reinforce the bearish outlook, suggesting that any upward movements should be viewed as selling opportunities within the larger downtrend.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
WTIThis chart is focused on short-term ICT analysis, showing liquidity zones, displacement, and market structure shifts.
1. Smart Money Liquidity Grab at 63.59-64.61
This is an Expected Liquidity Pool.
ICT concepts suggest that institutions often engineer liquidity grabs at key support levels before reversing.
The area around 64.61 is a sell-side liquidity sweep, designed to trap retail shorts before Smart Money initiates a bullish move.
2. Market Structure Shift (MSS) at 68.53
A break above 68.53 is a bullish shift, signaling a change in trend.
Displacement with a fair value gap (FVG) around 68.53 confirms momentum.
If price reclaims 68.53, expect Smart Money to target buy-side liquidity at 79.32 and later 91.21.
3. Buying Zone & Smart Money Accumulation (75-77 Range)
Once price reaches 79.32, expect a retracement into the 75-77 range, allowing Smart Money to re-accumulate.
A break above 91.21 unlocks the potential for higher moves, aligning with the higher time frame Elliott Wave 5 targets.
Full Market post NFP Review: Pure Consolidation as expectedEverything seems to be at an inflection point with currencies taking the reigns for profitability 💪🏽 EU/GU are inversing the dollar really well as always with that strong direct correlation. This is why we at Hollywoood Trades believe in market diversity. It is good to understand what should happen and what will be the result of an out of sync indices and metal market vs. the currency direct correlation pairs.
Share with someone in need of strong levels 🎯
$CL_F: Oil forecastIt looks like energy is going to get cheaper after all, over time this can result in stimulus for the economy as prices fall, once they've fallen enough. The effect will be felt with some lag lasting a few months though.
Best of luck!
Cheers,
Ivan Labrie.
USOIL can change it's trend? USOIL will gorw up?Hello'
USOIL has been identified as a buying opportunity. An aggressive bullish movement is expected soon. Strong support (demand) is driving the price upward, and if large bullish traders enter at this point with high volume, a strong bullish trend may emerge. The support area serves as a safety net to secure losses. The Inducement (IDM) line will trigger bullish trade activation. Ensure proper risk management by utilizing Fibonacci retracement.
News: Stocks yields edge higher; Powell says economy still in good place.
Key points:
U.S stocks and higher but post losses for the week.
U.S economy adds 151,000 jobs in February.
Euro has best week since 2009.
It's all based on my perspective. What you think about "USOIL"? write in comment section. Thanks.
WTI Crude (USOil) The Week Ahead 10th March '25Sentiment: Bearish INTRADAY, Price action is consolidating in a tight trading range.
Resistance: Key Resistance is at 6870, followed by 6930 and 7000.
Support: Key support is at 6610 followed by 6540 and 6440.
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.
3 years supportThe price is once again meeting the support level that has remained unbroken for three years.
At this point, I expect a recovery towards the purple trendline, where there will be a new attempt at a bullish breakout.
The triangle is reaching the apex of compression.
USOIL On The Rise! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The instrument tests an important psychological level 67.00
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 69.38
Recommended Stop Loss - 65.59
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USOIL BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the USOIL with the target of 73.56 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
USOIL Potential UpsidesHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 66 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 66 support and resistance area.
Trade safe, Joe.
WTI crude oil Wave Analysis – 7 March 2025
- WTI reversed from the multi-month support level 64.90
- Likely to rise to resistance level 68.60
WTI crude oil recently reversed sharply from the powerful multi-month support level 64.90, which stopped the previous sharp downtrend at the start of September.
The upward reversal from the support level 64.90 will likely form the daily Japanese candlesticks reversal pattern Morning Star Doji.
Given the strength of the support level 64.90 and the oversold daily Stochastic, WTI crude oil can be expected to rise further to the next resistance level 68.60.
USOIL: Will oil prices continue to fall? Can I buy it?Dear trader friends, are you still curious whether you can buy USOIL or continue to short USOIL? Listen to Jack's opinion.
From the perspective of oil trends, it is still in an overall downward trend. USOIL is currently priced at 66.2 (based on Tradingview). From the news perspective, the short-term supply line has been blocked, which may cause an increase in oil demand and oil prices. Combined with the four-hour USOIL, a double bottom structure is formed. Therefore, the short-term comprehensive assessment is mainly buying, and attention is paid to whether the price of 67 can stand firm in the market. If the position of 67 stands firm, a rebound climax of 68-68.5 will be formed in the short term. Focus on the release of the "non-agricultural data" tomorrow.
Personal thoughts, for reference only. If you follow my signals or refer to my suggestions, remember to pay attention to the real-time notifications within the analysis circle. Convenient for subsequent operations or closing positions.
USDOIL: If trading, buy or sell?Dear traders, are you still wondering how to trade oil? Short or buy? Then take a look at Jack's ideas.
Friends who continue to pay attention will know. After issuing a buy order of 62 in the early morning, oil successfully reached the target above 70. This is profit. This is the precision. If you follow it, then you will definitely get the same profit. This is the effect of "exclusive signal".
USOIL: Under the influence of the news that the supply line of oil was interrupted, the price of USOIL came above the expected 67. If the position stabilizes, it will continue to hit the position of 68. Of course, the impact of non-agricultural data is also very critical. Combined with the current situation, it is the same as what I expected yesterday. Continue to be long. See if the target around 68.5-68 can be achieved.
Keep an eye on the real-time trading opportunities announced in the analysis circle every day. If you want to follow.
Oil bullish scenarioOil is on a big test in the $68.50 zone. With a break above, the chances for a retest of the $70.00 level increase. A little higher in the $71.00 zone, the EMA 200 moving average is approaching, which was an obstacle to further oil price recovery on the previous two occasions.
OIL DOWN TREND SOONThe chart shows WTI Crude Oil (CFDs) on a 1-hour timeframe. The price is currently facing resistance near 67.50, with a recent pullback towards the support level at 65.82. An order block is indicated around the 67.00 mark, suggesting a potential move down to the target of 65.82. Traders may look for confirmation of a downward movement for potential short entries.
WTI Crude INTRADAY Bearish below 6871Bearish Scenario:
WTI Crude remains in a bearish trend, with price action aligned with the prevailing longer-term downtrend. The key resistance level to watch is 68.71. If an oversold rally occurs but faces rejection at this level, the downtrend is likely to continue, targeting 66.50, followed by 66.08 and 65.75 as the next downside support zones over a longer timeframe.
Bullish Scenario:
A confirmed breakout above 68.71 and a daily close above this level would invalidate the bearish outlook. This could trigger further upside movement, with resistance targets at 69.34, followed by the psychological 70.00 level.
Conclusion:
The broader outlook remains bearish, but 68.71 is the key pivot level. Rejection from this zone reinforces the downside bias, while a sustained breakout above it could shift momentum toward further gains. Traders should watch price action around this level to determine the next move.
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.
