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Hellena | Oil (4H): SHORT to the area of 68.926 (Wave C).Colleagues, price has worked the downward movement perfectly, but I believe the downward movement is not over yet. Wave “C” is a five-wave wave and now the price is in the correction of wave “4”. I expect the price to reach the downtrend line in the area of 72.00 level, then I expect the price to decline to the area of 68.926. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
6
USOIL: Energy channel sanctions lifted? Oil price drops?The news will be explosive news in the New York market. The market is about to fall sharply. 1. The European Union has suspended sanctions on Syria's energy and transportation sectors. 2. Iraq's oil minister said that oil exports from the Kurdish region will resume within a week. 3. BP CEO will abandon his promise to cut oil and gas production. The news will be explosive news in the New York market. The market is about to fall sharply. The current oil price is around 70.6, observing from the overall trend. It is still in the downward channel. The support below is loose. According to the Williams indicator, the probability of continued decline in the short term exceeds 95.6%. After breaking the 70 integer level, it will move closer to the price of 69.5 again. Operation idea: short selling. Recommended USOIL: sell at the current price. TP: 71, TP: 69.5-69
TVC:USOILShort
by JAKE_T0
WTI Oil H4 | Bearish downtrend to extend further?WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 69.45 which is a pullback resistance. Stop loss is at 70.20 which is a level that sits above the 50.0% Fibonacci retracement and a pullback resistance. Take profit is at 68.46 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILShort
by FXCM
WTI Crude Oil (USOIL) – Bearish Momentum Below $70.49 WTI Crude Oil (USOIL) Analysis – February 24, 2025 WTI Crude Oil is currently trading at $70.18, and as long as the price trades below $70.49, the bearish momentum remains dominant. 🔻 Bearish Scenario (Active) ✅ The price failed to reclaim the pivot zone at $71.78, leading to continued selling pressure. ✅ A confirmed break below $70.49 indicates a potential drop toward $68.53 and $67.03 as the next bearish targets. ✅ The monthly support trendline around $67 - $68 will act as a key level to watch for a potential reaction. 🔹 Bullish Reversal (Invalid Unless Above $71.78) ⚠️ If the price closes above $71.78, we could see a potential pullback toward $72.72 and $75.00. ⚠️ However, the trend remains bearish while trading below $70.49, meaning any bullish movements will likely be corrective bounces rather than a full reversal. 📌 Key Levels to Watch 🔹 Resistance Levels: $71.78 | $72.72 | $75.00 🔹 Pivot Zone: $70.49 🔹 Support Levels: $68.53 | $67.03 | $66.20 🚨 Directional Bias: Bearish as long as the price stays below $70.49. Expect further downside pressure toward $68.53 - $67.03.
TVC:USOILShort
by SroshMayi
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower, continuing its selling pressure. The index quickly dropped to the lower boundary of a large range, touching the 120-day moving average. The daily MACD has formed a bearish crossover with the signal line, confirming the downtrend, and the index has now reached a potential support zone near previous lows. Yesterday provided a short opportunity at the 5-day moving average, and since there was no meaningful rebound, the gap between price and the 5-day MA has widened significantly. This suggests that a short-term technical bounce could occur based on intraday movements. However, given the strong selling momentum on the daily chart, even if the market consolidates for a few days, further downside remains likely. If considering long positions, strict stop-loss management is essential. On the 240-minute chart, selling pressure continues to dominate, with both the MACD and signal line dropping sharply below the zero line. Comparing this to past price action near 20,763, the current MACD decline is even steeper, meaning that even if a short-term bounce occurs, the MACD is unlikely to recover back above zero easily. Overall, selling into rallies remains the preferred strategy, but traders should watch for intraday bottoming signals, as a bounce toward the 5-day MA is possible. Crude Oil Crude oil closed lower, weighed down by concerns over slowing consumer demand. On the daily chart, the sell signal remained intact, and the break below $70 has now confirmed a potential breakdown. Since $70 had been a key support/resistance level, the break below it suggests further downside risk. Today, a shorting opportunity may arise at the 3-day moving average, in line with technical retracement principles. However, the $66–67 range remains a strong support zone, so traders should monitor whether selling pressure is strong enough to push prices below this area. Since the MACD is turning sharply downward, and price action is forming a large bearish candle, the best strategy remains shorting into rallies near the 3-day MA. On the 240-minute chart, a third bearish wave has developed, leading to an accelerated decline. Aside from potential buying at key support levels on the daily chart, selling into rallies remains the most favorable approach. Given that inventory data will be released today, traders should be cautious of increased volatility. Gold Gold closed sharply lower, forming a large bearish candle as the Consumer Confidence Index fell. Yesterday, gold was at a crossroads between a buy and sell signal, and with this bearish breakout, the sell signal is now confirmed. For now, gold is likely to trade within a broad range, as the daily MACD and signal line remain widely separated from the zero line. This suggests that while further downside is possible, periodic rebounds should also be expected. Since gold has now fallen below the 10-day moving average and reached the 20-day MA, traders should treat the 3-day, 5-day, and 10-day MAs as key resistance levels, while the 20-day, 30-day, and 60-day MAs serve as support levels. On the 240-minute chart, the MACD has dropped below zero, with the signal line following downward. This reinforces a range-bound trading strategy, focusing on buying at major support levels while keeping in mind potential rebounds. By analyzing the daily candles, traders can identify potential future scenarios for Nasdaq, oil, and gold. This is why daily and intraday technical analysis is essential. Additionally, NVIDIA’s earnings report will be released tonight, which could introduce further market volatility. Stay disciplined, manage risk carefully, and have a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
WTI Crude Oil at Critical Support – Rebound Toward 72$?TVC:USOIL has reached a key demand zone, which has historically provided strong support. The recent decline has brought the price back into this area, increasing the probability of a bullish reaction if buyers step in. The current market structure suggests that if the price confirms support at this level, we could see a rebound toward 72$, aligning with a corrective move after the recent sell-off. However, a break below this demand zone would invalidate the bullish bias and could lead to further downside. Traders should watch for bullish confirmation signals, such as rejection wicks, bullish engulfing candles, or increased buying volume, before considering long positions. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
TVC:USOILLong
by DanieIM
1
WTI Oil H1 | Bearish momentum gaining further tractionWTI oil (USOIL) could pull back towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 70.89 which is a pullback resistance. Stop loss is at 71.35 which is a level that sits above the 38.2% Fibonacci retracement and a swing-high resistance. Take profit is at 70.11 which is a multi-swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILShort
by FXCM
USOIL (WTI)USOIL Technical Analysis – Key Support and Resistance Levels USOIL (WTI Crude Oil) is currently trading near a strong support level at $70.00. This level has acted as a significant price floor, preventing further declines and indicating strong buying interest. The recent price action suggests a potential bullish move if the support holds. Bullish Scenario: If the price remains above $70.00, we can expect an upward movement toward the next resistance levels. The first key resistance is at $71.200, where previous price action has shown selling pressure. A break above this level could confirm short-term bullish momentum. If buying pressure continues, the next target would be $72.600, which is a stronger resistance zone where sellers might step in. Bearish Scenario: If USOIL fails to hold above $70.00 and breaks below it, this could signal further downside movement.
FX:USOILLong
by Pipsview_Analysis
US Oil Market Outlook: Bearish Momentum Indicate Further DeclineThe 4-hour chart of WTI Crude Oil (TVC: USOIL) reveals a well-defined market structure transition from bullish to bearish. Initially, the price action exhibited a strong uptrend, characterized by the formation of higher highs (HH) and higher lows (HL). However, a break of structure (BOS) marked the onset of a reversal, leading to the emergence of lower highs (LH) and lower lows (LL), confirming the shift to a downtrend. A key technical observation is the presence of a price gap near the highest point, which often signifies inefficiency in the market and the potential for price retracements in the future. Furthermore, the highlighted resistance zone around the $72.49–$73.50 range has proven to be a strong supply area, repeatedly rejecting bullish attempts to break above it. This resistance, coupled with price trading below the 50-period and 200-period moving averages, reinforces the bearish bias. The price has now breached the $71.78 level, accelerating downward momentum. The next significant area of interest lies at the identified support level around $69.36, which serves as the primary target area. If selling pressure remains dominant, further declines may be anticipated. Volume analysis further substantiates the bearish outlook, as recent price drops have been accompanied by increased selling activity. The combination of structural shifts, resistance validation, and moving average positioning strongly suggests that the downward trajectory is likely to persist unless the price reclaims and sustains above the resistance zone. Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
TVC:USOILShort
by SOAM_PRO_TRADER
WTI crude oil shows the potential for a bounceThis is a bit of a scrappy chart, but I still see the potential for a cheeky bounce. WTI crude oil is trying to snap a 4-week losing streak, by stalling around a 50% retracement level. Last week's candle was an inverted hammer, and the previous two weeks have both closed above the 50% level. A bullish divergence formed on the daily RSI (2) ahead price action finding support at the 200-day SMA and 200-day EMA. From here, the bias remains bullish while prices hold above last week's low. Bulls could seek dips towards the 200-day MAs, with a near-term upside target of $72. A break above which brings $74 into focus, near the monthly pivot point. Matt Simpson, Market Analyst at City Index and Forex.com
NYMEX:CL1!Long
by CityIndex
USOIL My Opinion! BUY! My dear friends, Please, find my technical outlook for USOIL below: The instrument tests an important psychological level 70.18 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 - 71.58 Recommended Stop Loss -69.44 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
1
Go long crude oilDear Traders, Currently, crude oil continues its downward trend, though the pace of its decline has moderated, showing signs of bottoming out. Moreover, oil has now pulled back to the critical support zone around the 68 level. Should oil fail to decisively break below this support, a technical rebound could occur at any moment. Additionally, with oil’s relatively low valuation, it becomes increasingly attractive in the market. For short-term trades, I favor initiating long positions on crude oil, with an initial target of a rebound toward the 69.5-70.5 zone, which seems well within reach.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
TVC:USOILLong
by Trader_Marvin
WTI INTRADAY fears of slower energy demandEIA Crude Oil Inventories due in 3 hours, (15.30 GMT). A forecast is for 2.4M, the previous figure was 4.63M. The WTI Crude (US Light Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 7060, the 13th February swing low level. An oversold rally from the current levels and a bearish rejection from the 7060 level could target the downside support at 6850 followed by 6800 and 6715 levels over the longer timeframe. Alternatively, a confirmed breakout above 7060 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 7145 resistance followed by 7194 levels. 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.
TRADENATION:WTI
by TradeNation
Crude Oil Technical Outlook: Range Breakdown & Next Targets🔹Key Observations: 1. Range Formation & Breakout: - The price was consolidating within a range (highlighted in the pink box). - A range breakout trading setup is identified. - The price has broken below the range support, signaling potential downside momentum. 2. Breakout Confirmation: - The price has moved below a key support area (marked in blue). - The breakdown indicates a potential continuation of the downtrend. 3. Downside Targets: - 1st Target: $68.00 (first green line). - 2nd Target: $67.05 (second green line). - If the price sustains below the breakout level, these targets could be reached. 4. Volume Analysis: - The volume bar at the bottom suggests increased selling pressure. - The breakout occurred with notable volume, which confirms bearish sentiment. ▪️Technical Outlook: - Bearish Bias: The chart suggests a bearish move with downside targets aligned at $68.00 and $67.05. - Watch for Retest: If the price pulls back toward the breakout zone, it may confirm the breakdown before further decline. - Invalidation Level: A strong recovery back above the blue support zone could invalidate the bearish setup. 😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
TVC:USOILShort
by SOAM_PRO_TRADER
WTI on high time frame "Hello traders, focusing on WTI, the price has hit the daily order block at $73.5 and experienced a strong rejection on the 4-hour chart. The price has broken below the trend line and is indicating potential downward movement during the Asian session today. It's important to note that there is a CPI news release during the U.S. session today, so exercise caution in your trading decisions." If you have any specific questions or need further assistance with your message, feel free to ask!
OANDA:WTICOUSDShort
by somayehbasiri
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower following news that Microsoft is reducing its data center leasing. This week, the weekly chart suggests strong selling pressure, meaning long positions should be approached with caution. On the daily chart, yesterday’s bearish candle confirmed the MACD sell signal, though the signal line remains above the zero line. In a broader context, a potential bounce could occur near key technical levels, including the lower Bollinger Band, 120-day moving average, and previous resistance zones. Two days ago, a large bearish candle formed, and yesterday’s price action provided an opportunity to sell at the 3-day moving average. However, the market failed to test the 3-day MA during pre-market, leading to a false impression that the daily close was rejected at resistance. This illustrates how a daily close can sometimes be misleading, reinforcing the need to plan for alternative scenarios. Since selling was executed at the 3-day MA yesterday, today’s key resistance level shifts to the 5-day moving average. Given the wide gap between price and the 5-day MA, a short-term rebound toward this level is possible. On the 240-minute chart, both the MACD and signal line have moved below the zero line, confirming continued selling pressure. However, since the Nasdaq has now entered a key support zone from a previous range, a short-term bounce toward the 5-day MA is possible. Traders should be cautious with short positions and focus on range-bound strategies rather than chasing downside momentum. Crude Oil Crude oil gapped down but managed to close higher. Despite the ongoing MACD sell signal on the daily chart, oil held above the key $70 support level. This week’s weekly close is critical—if oil can end the week with a bullish candle, it could set the stage for a potential reversal. Holding above $70 remains the key technical factor, as a breakdown below this level would signal further downside. On the daily chart, if the market fails to extend lower and instead rebounds, a MACD double-bottom pattern could develop, reinforcing potential upside momentum. However, since market flows remain mixed, it is best to treat oil as range-bound until a decisive break occurs. On the 240-minute chart, both the MACD and signal line are below the zero line, but price action is attempting a temporary rebound. While selling into rallies remains the preferred approach, traders should be cautious of event-driven volatility, as news developments could trigger sudden moves. The $70 level remains the key downside level to monitor—if it breaks, selling pressure could intensify. Risk management is crucial when taking long positions. Gold Gold briefly made new highs before closing flat within its range. On the daily chart, the buy signal remains intact, but today’s session will be crucial in determining whether gold can sustain its momentum or enter a consolidation phase. The key factor to watch is whether gold finds support at the signal line and continues higher or if a bearish crossover forms, leading to a range-bound correction. On the 240-minute chart, a bullish MACD crossover has occurred, but for the uptrend to be confirmed, a strong breakout candle is needed. Without a significant bullish move, gold risks forming a bearish divergence, meaning that even if price breaks to new highs, the MACD may fail to confirm the move. Since market flows remain mixed, a range-trading approach remains most effective, with a focus on buying at strong support levels and avoiding breakout trades. Traders should remain flexible and manage risk carefully, as both upside and downside scenarios remain open. Looking at VIX futures, a strong buy signal has emerged at the zero level. Historically, VIX buy signals near zero tend to generate large price swings, suggesting that Nasdaq volatility may increase significantly. This increases the likelihood of a sharp correction, making risk management a top priority. Stay disciplined, manage risk carefully, and wishing you a successful trading day! 🚀 If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!Long
by Futureguard