📈 WTI Crude Oil – 15M Long Setup | Demand Zone + Macro Confluence
This long setup on WTI was taken after price tapped into a key 15-minute demand zone, following a sharp NY session selloff. The entry aligns with both technical and macroeconomic confluences, suggesting a potential intraday reversal.
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🔍 Macro Context
• Recent volatility triggered by geopolitical tensions in the Middle East and a larger-than-expected U.S. crude inventory build.
• Early DXY strength pressured oil prices, but a pullback around the New York Open created ideal conditions for a bounce.
• Market participants are repositioning ahead of U.S. CPI data and Fed speakers, creating liquidity sweeps and short-term inefficiencies.
• OPEC+ supply discipline and long-term underinvestment in energy infrastructure continue to support a bullish medium-term narrative.
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📊 Technical Setup
• Entry: Rejection from 15M demand zone after liquidity sweep
• Stop Loss: Below demand zone and intraday low
• Take Profit: Imbalance fill near NYO and previous intraday structure (Target 60.55)
• R:R: 5.25
• Session: New York – increased volume and volatility
This setup is a great example of combining Smart Money Concepts (SMC) with macro catalysts, aiming to capture a high-probability reaction from an institutional zone during peak liquidity hours.
This long setup on WTI was taken after price tapped into a key 15-minute demand zone, following a sharp NY session selloff. The entry aligns with both technical and macroeconomic confluences, suggesting a potential intraday reversal.
⸻
🔍 Macro Context
• Recent volatility triggered by geopolitical tensions in the Middle East and a larger-than-expected U.S. crude inventory build.
• Early DXY strength pressured oil prices, but a pullback around the New York Open created ideal conditions for a bounce.
• Market participants are repositioning ahead of U.S. CPI data and Fed speakers, creating liquidity sweeps and short-term inefficiencies.
• OPEC+ supply discipline and long-term underinvestment in energy infrastructure continue to support a bullish medium-term narrative.
⸻
📊 Technical Setup
• Entry: Rejection from 15M demand zone after liquidity sweep
• Stop Loss: Below demand zone and intraday low
• Take Profit: Imbalance fill near NYO and previous intraday structure (Target 60.55)
• R:R: 5.25
• Session: New York – increased volume and volatility
This setup is a great example of combining Smart Money Concepts (SMC) with macro catalysts, aiming to capture a high-probability reaction from an institutional zone during peak liquidity hours.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.