USOILSPOT It's currently in the demand zone.US WTI Crude (Spot) (XTIUSD) forum
USOILSPOT It's currently in the demand zone.
WTICOUSD On the Hourly, it is now in Bullish (directional) Market Bias after crossing to the right of the Bearish Trendline (in red dotted line). The bulls also crossed through the S&R Zone to rise above it. As they rally, we'll see if there will be a retrace to retest the trendline, then back up again. The Zone may prevent a bearish retracement from happening. We'll see.
*Conservative Take Profits:
66.327 - High of Inside Day for a Breakout
66.545 - Mean Reversion Level
SPOTCRUDE WTI Cash 4H – Smart Money Reversal from Oversold Zone🎯 Trading Strategy
✅ Buy Setup
Entry: 66.10
TP1: 70.66 (≈ +45.6 pips)
TP2: 72.23 (≈ +61.3 pips)
SL: 64.80 (≈ -13.0 pips)
Rationale: Oversold RSI, MACD flattening, FVG support, and volume node confluence.
❌ Sell Setup (if invalidation occurs)
Entry: Below 64.80
TP1: 62.50
TP2: 60.00
SL: 66.10
Rationale: Break of FVG and liquidity zone confirms bearish continuation
WTICOUSDOn the 4-Hour that is in Bearish (directional) Market Bias, a new S&R Zone formed that the bulls are rising from. This may block any moves to the downside.
*Conservative Take Profits:
66.329 - High of Inside Day for a Breakout
66.791 - Start of S&R Zone
67.103 - Mean Reversion
USOIL The EIA crude oil inventory data is scheduled for release today and is expected to have a significant impact on USOIL prices. Based on the previously released API report, there’s a high probability that the EIA data will also be bullish.
From a technical perspective, USOIL is currently showing signs of a potential rebound. Therefore, for traders participating in USOIL today, it may be more favorable to adopt a bullish bias. If managed well around key support levels and timing, the setup could offer attractive profit opportunities.
WTICOUSD tomorrow official figures will be interestingUS API Distillate Stock Change Actual 1.6M (Forecast -, Previous 4.189M)
US API Gasoline Stock Change Actual -0.9M (Forecast -, Previous -1.739M)
US API Cushing Stock Change Actual 1.7M (Forecast -, Previous 0.465M)
US API Crude Oil Stock Change Actual -4.2M (Forecast -1.8M, Previous 1.539M)
USOIL 68 looks good
USOIL entered long with a debit spread on CL.
USOIL Dont bullcomplicate it XD
WTICOUSD The Hourly has a new S&R Zone that the candles are congesting within. The previous two candles have lower wicks that rejected the low of the Inside Day for a breakout.
With more of a consolidation to the right and if the bulls rise above the Bearish Trendline (in red dotted line), the market bias can flip from bearish to bullish for the most profitable moves to be to the upside.
There's still no clear direction yet while the candles are consolidating.
