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Crude Oil WTI

Today analysis for Nasdaq, Oil, and GoldNASDAQ The Nasdaq closed lower, forming a lower wick at the bottom. The market initially dropped in pre-market trading due to Trump’s tariff imposition issue but recovered to close the gap after the one-month grace period for Mexico was announced. At yesterday’s closing price, the daily MACD triggered a sell signal. Although there was a gap-up today, further declines are likely as the resistance level holds. However, the MACD and Signal lines are still above the zero line on the daily chart, and it will take time for the 3-day and 5-day moving averages to pull down, suggesting that the index may form a wide-ranging box pattern before the trend leans towards further declines. On the 240-minute chart, a sell signal appeared, and after a rebound, the MACD and Signal lines are reconnecting. Since a golden cross has not yet formed, a sell strategy on rebounds would be favorable. If the MACD fails to break above the Signal line and declines, a third wave of selling could follow. From a broader perspective, the 5-day moving average on the monthly chart coincides with the lower boundary of the daily box pattern. Until this level is strongly broken downward, short-term buy opportunities remain valid near the lower boundary of the range. OIL Oil gapped up but closed lower. The price failed to break above $75, leaving an upper wick. The one-month tariff grace period for Canada resulted in a gap-down movement. The key question is whether oil will attempt another rebound, using the 240-day moving average as support. It is crucial to see if a bullish candlestick forms while maintaining support above the 240-day moving average. On the weekly chart, oil is trapped within a box range, and as the week progresses, it will be important to assess whether conditions develop for a breakout next week. On the 240-minute chart, a rebound has occurred up to the 60-day moving average, following the characteristics of the 240-day moving average. Since the MACD and Signal lines remain below zero, selling pressure may persist. However, this is a high-probability divergence zone. If the third wave of selling fails and prices rebound, a sharp surge is possible, so traders should be cautious with aggressive short positions. The overall approach should be to trade within the range, favoring buy positions on pullbacks. GOLD Gold dropped to the 10-day moving average but found support and closed higher. On the monthly chart, a pullback to the 3-day moving average around 2,770 is possible, and a correction to the low 2,800s has already occurred. Gold's volatility is extreme due to tariff issues, so traders must carefully adjust their leverage to ensure safe trading. On the daily chart, MACD continues to rise, so as long as the price does not close below the 10-day moving average, a buy strategy is recommended. On the 240-minute chart, gold formed a buy signal after a pullback and is attempting a third wave of buying. However, it is crucial that gold continues rising to avoid forming a bearish divergence. If further gains do not materialize, gold may enter a box pattern. Overall, a buy strategy remains favorable for gold. However, traders should be cautious of increased volatility due to today’s JOLTS report. ■Trading Strategies for Today Nasdaq - Range-bound Market -Buy Levels: 21510 / 21410 / 21345 / 21220 / 21120 -Sell Levels: 21580 / 21640 / 21680 / 21780 Crude Oil - Range-bound Market -Buy Levels: 71.80 / 71.30 / 70.50 / 69.85 -Sell Levels: 72.75 / 73.15 / 73.80 / 74.50 GOLD - Bullish Market -Buy Levels: 2844 / 2832 / 2827 / 2820 -Sell Levels: 2859 / 2864 / 2870 / 2874 / 2885 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!Short
by Futureguard
"WTI / US OIL SPOT" Energy Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "WTI / USOIL SPOT" Energy market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!" Buy entry above 76.00 Sell Entry below 72.00 Stop Loss 🛑: Thief SL placed at 74.00 (swing Trade) for Bullish Trade Thief SL placed at 74.00 (swing Trade) for Bearish Trade Using the 4H period, the recent / nearest low or high level. SL is based on your risk of the trade, lot size and how many orders you have to take. Target 🎯: -Bullish Robbers TP 81.50 (or) Escape Before the Target -Bearish Robbers TP 67.00 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: "WTI / USOIL SPOT" Energy market is currently experiencing a Neutral trend (there is a higher chance for Bearish)., driven by several key factors. ♻ Fundamental Analysis: Supply and Demand: Neutral, with growing demand for oil offset by rising US oil production. OPEC Production: Neutral, with OPEC's production cuts offset by rising US oil production. Global Economic Growth: Neutral, with a slow global economic recovery expected. ♻ Macro Economics: Global Economic Growth: Neutral, with a slow global economic recovery expected. Inflation: Neutral, with low inflation expected in major economies. Interest Rates: Neutral, with interest rates expected to remain stable. ♻ COT Report: Non-Commercial Traders: Bearish, with 55% of non-commercial traders holding short positions. Commercial Traders: Bullish, with 60% of commercial traders holding long positions. Levieraged Funds: Bearish, with 58% of leveraged funds holding short positions. ♻ Sentimental Analysis: Market Sentiment: Bearish, with 52% of traders holding short positions. Retail Trader Sentiment: Bullish, with 65% of retail traders holding long positions. Institutional Trader Sentiment: Bearish, with 60% of institutional traders holding short positions. ♻ Overall Outlook: Bearish: 52% Bullish: 30% Neutral: 18% Based on the overall analysis, the outlook for WTI Commodity CFD is bearish, with a target price of around $60-$62 per barrel. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤗
THINKMARKETS:WTI
by Thief_Trader
Leap Ahead with a Regression Breakout on Crude OilThe Leap Trading Competition: Your Chance to Shine TradingView’s “The Leap” Trading Competition presents a unique opportunity for traders to put their futures trading skills to the test. This competition allows participants to trade select CME Group futures contracts, including Crude Oil (CL) and Micro Crude Oil (MCL), giving traders access to one of the most actively traded commodities in the world. Register and compete in "The Leap" here: TradingView Competition Registration . This article breaks down a structured trade idea using linear regression breakouts, Fibonacci retracements, and UnFilled Orders (UFOs) to identify a long setup in Crude Oil Futures. Hopefully, this structured approach aligns with the competition’s requirements and gives traders a strong trade plan to consider. Best of luck to all participants. Spotting the Opportunity: A Regression Breakout in CL Futures Trend reversals often present strong trading opportunities. One way to detect these shifts is by analyzing linear regression channels—a statistical tool that identifies the general price trend over a set period. In this case, a 4-hour CL chart shows that price has violated the upper boundary of a downward-sloping regression channel, suggesting the potential start of an uptrend. When such a breakout aligns with key Fibonacci retracement levels and existing UnFilled Orders (UFOs), traders may gain a potential extra edge in executing a structured trade plan. The Trade Setup: Combining Fibonacci and a Regression Channel This trade plan incorporates multiple factors to define an entry, stop loss, and target: o Entry Zone: An entry or pullback to the 50%-61.8% Fibonacci retracement area, between 74.60 and 73.14, provides a reasonable long entry. o Stop Loss: Placed below 73.14 to ensure a minimum 3:1 reward-to-risk ratio. o Profit-Taking Strategy: First target at 76.05 (38.2% Fibonacci level) Second target at 77.86 (23.6% Fibonacci level) Final target at 78.71, aligning with a key UFO resistance level This approach locks in profits along the way while allowing traders to capitalize on an extended move toward the final resistance zone. Contract Specifications and Margin Considerations Understanding contract specifications and margin requirements is essential when trading futures. Below are the key details for CL and MCL: o Crude Oil Futures (CL) Contract Details Full contract specs: CL Contract Specifications – CME Group Tick size: 0.01 per barrel ($10 per tick) Margin requirements vary based on market conditions and broker requirements. Currently set around $5,800. o Micro WTI Crude Oil Futures (MCL) Contract Details Full contract specs: MCL Contract Specifications – CME Group Tick size: 0.01 per barrel ($1 per tick) Lower margin requirements for more flexible risk control. Currently set around $580. Choosing between CL and MCL depends on risk tolerance and account size. MCL provides more flexibility for smaller accounts, while CL offers higher liquidity and contract value. Execution and Market Conditions To maximize trade efficiency, conservative traders could wait for a proper price action into the entry zone and confirm the setup using momentum indicators and/or volume trends.   Key Considerations Before Entering Ensure price reaches the 50%-61.8% Fibonacci retracement zone before executing the trade Look for confirmation signals such as increased volume, candlestick formations, or additional support zones Be patient—forcing a trade without confirmation increases risk exposure Final Thoughts This Crude Oil Futures trade setup integrates multiple confluences—a regression breakout, Fibonacci retracements, and UFO resistance—to create a structured trade plan with defined risk management. For traders participating in The Leap Trading Competition, this approach emphasizes disciplined execution, dynamic risk management, and a structured scaling-out strategy, all essential components for long-term success. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
NYMEX:CL1!Education
by traddictiv
9
USOIL Trade Update📢 FX:USOIL Trade Update Hey Traders! Following recent fundamental and technical developments, we’re seeing strong bullish momentum on Crude Oil. 🔹 Fundamentals: Trump's new tariffs are driving market sentiment, pushing oil prices higher. Despite last week’s excess supply from the US oil stock inventory, Crude held strong at $72 and failed to close below the 38.2% Fib level, signaling strong buy pressure. 🔹 Technicals: The descending channel breakout confirms a bullish reversal. This rally was triggered by the tariff remarks, and if more tariffs are imposed, we could see Crude pushing towards $80+ in the coming weeks. 🎯 Plan of Action: We’ll be looking for buy/long positions on market open (Monday), ahead of the next Crude Oil inventory report. Regardless of the report outcome, momentum suggests higher prices for the black gold. 📊 Stay ready, and trade smarter! 🚀
FX:USOILLong
by niclaxfx
Weekly and Monday analysis for Nasdaq, Oil, and GoldNASDAQ NASDAQ filled the gap and closed lower after facing resistance. As mentioned last Friday, the 21,911 level was a likely resistance zone due to the nature of the gap. This resistance played a significant role, and coincidentally, concerns over tariffs imposed by former President Trump on Mexico and Canada intensified, leading to a decline into the afternoon session. Since the monthly candle has closed, let's first analyze the monthly chart. Last month, I mentioned that a decline to the 5-day moving average (20,880) was possible before a rebound, and indeed, the index rebounded from 20,700. Given that the price sequentially bounced from the 3-day and 5-day moving averages after breaking out of the monthly range, this month presents a challenging situation for determining direction. While further upside is possible, the monthly MACD may attempt to reduce its gap with the signal line, making a strong rally less likely. If a sharp rally occurs, the upper Bollinger Band at 22,736 should be considered as resistance. On the downside, the monthly 5-day moving average at 21,084 may be tested this month. Since the market could move in either direction, chasing momentum on the monthly chart should be approached with caution. On the weekly chart, a sell signal remains active, with the MACD failing to cross above the signal line, suggesting that further downside remains likely. On the daily chart, while the MACD has not yet crossed below the signal line, today's bearish candle close may trigger a sell signal, opening the possibility of a move toward the lower Bollinger Band and the 120-day moving average. If the MACD does not break down and instead turns higher while the price rises, it will be crucial to see if the 21,911 gap is decisively broken and closed with a bullish candle. On the 240-minute chart, a buy signal is still in place, and the index remains in a large range. Buying on dips remains favorable, but if a sell signal appears, the current moving average setup suggests a high probability of sharp declines. This week, Google's earnings report on Tuesday and the Non-Farm Payrolls (NFP) report on Friday are key events to watch. Additionally, with the potential impact of Trump’s tariff policies increasing market volatility, traders should manage leverage carefully and remain cautious. Crude Oil Oil closed near breakeven but surged in after-hours trading following reports that Canadian energy imports may face new tariffs. On the monthly chart, oil remains within a range, but the MACD is persistently attempting to cross above the signal line. Last month’s breakout from a four-month consolidation range suggests that buying on dips at the 3-day moving average may be a favorable strategy. On the weekly chart, the buy signal remains intact. Despite some pullback, the large gap between the MACD and the signal line suggests that a sharp breakdown is unlikely. On the daily chart, as previously mentioned, the $72 level remains a strong buy zone. The MACD is in a steep downtrend, but given the presence of prior demand zones and the 240-day moving average acting as support, a technical rebound could be strong after two weeks of declines. On the 240-minute chart, the MACD has bounced off the signal line, forming a bullish divergence, making long positions more favorable. Given the characteristics of the 240-day moving average, a rebound toward $74.50 is technically reasonable. Overall, buying on dips remains a preferred approach, but market volatility is increasing due to geopolitical uncertainties, so trade cautiously. Gold Gold pulled back as profit-taking emerged after a sharp rally, closing lower after finding support at the 3-day moving average. On the monthly chart, gold formed a strong bullish breakout candle, making dips toward the 3-day moving average (2,770) a favorable buying opportunity this month. A pullback to this level should be expected. On the weekly chart, a buy signal appeared last week, but the MACD’s lower value compared to the previous peak suggests a potential bearish divergence. This means that despite breaking above prior highs, if the MACD fails to confirm with strong upward momentum, the rally may weaken. Caution is advised when chasing momentum. On the daily chart, today is a key day for buy setups near the 5-day moving average, making a pullback likely. However, the broader trend remains bullish, so rather than shorting, traders should look for opportunities to buy on pullbacks at key support levels. On the 240-minute chart, gold is facing resistance and declining. The MACD is at a high level, meaning even if a bearish crossover occurs, attempts to move higher may persist. Buying near support remains the preferred approach. With Trump’s increasing policy activity and China’s Deepseek issues, market volatility is expected to rise. Always prioritize risk management and trade safely. Wishing you a successful trading month! ■Trading Strategies for Today NASDAQ - Bullish Market -Buy : 21,530 / 21,460 / 21,420 / 21,370 / 21,290 -Sell : 21,590 / 21,690 / 21,775 / 21,850 / 21,930 Crude Oil - Range Market -Buy : 73.50 / 72.90 / 72.40 / 72.00 -Sell : 74.50 / 75.00 / 76.00 / 76.40 Gold - Bullish Market -Buy : 2,825 / 2,820 / 2,812 / 2,807 / 2,804 -Sell : 2,841 / 2,846 / 2,852 / 2,856 / 2,860 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!Short
by Futureguard
USOIL What Next? BUY! My dear subscribers, This is my opinion on the USOIL next move: The instrument tests an important psychological level 73.75 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 - 76.36 My Stop Loss - 72.34 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
4
Energy Policy and USDWTIKey Entry Points: Ideal Entry: $78 (Sell Position) The $78 level was an optimal sell entry, primarily due to the declaration of emergency in the energy sector made by the new administration. This policy move is expected to increase energy production significantly. The current administration is heavily investing in the energy sector to mitigate price increases in other sectors, combat inflation, and maintain or reduce it. This macroeconomic context highlights why $78 was a strategic sell zone. Current Entry Opportunity: $74 (Sell Position) From a technical analysis perspective, $74 is a notable resistance level. While this level carries more risk compared to $78, it presents a viable sell opportunity due to price inefficiency beginning at this point. Observing the daily chart, we notice an efficient bearish trend with a clear price inefficiency that originated at $74. This inefficiency creates a strong resistance zone, making it a reasonable point for continuation to the downside. Technical Analysis Across Timeframes: Daily Chart: The current bearish trend remains intact. The inefficiency at $74 reinforces the case for selling at this level. While not as secure as the $78 zone, it offers a good probability for a continuation to lower levels. Weekly Chart: The market is currently in an impulsive phase. However, no significant support or resistance zones are evident within this timeframe. This lack of structural confirmation increases the risk of entering at this level. Monthly Chart: The monthly chart shows a clear rejection from a downward resistance. This reinforces the bearish outlook and aligns with the target at $70.80, which represents a strong support level.
FX_IDC:USDWTIShort
by Wiiso
Weekly Market Forecast Feb 2-7thThis is an outlook for the week of Feb 2-7th. In this video, we will analyze the following FX markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper The indices were not easy to trade last week, as there were plenty of fundamentals at play. However, they are relatively still strong, and I am looking for further gains next week. NFP week, imo, is best traded Mon-Wed. Thurs will likely see consolidation until the NFP news announcement Friday morning. I will look to fade the news release on Friday for NY Session. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:ES1!
by RT_Money
The Market Matrix - Gold, Crude, DXY & Nasdaq for Feb 1 2025This weeks edition of The Market Matrix. Disclaimer The information provided in this content is for educational and informational purposes only and should not be construed as financial advice, investment recommendations, or an offer to buy or sell any securities or financial instruments. Trading financial markets involves significant risk, including the potential loss of capital. Past performance is not indicative of future results. You are solely responsible for your trading decisions and should conduct your own research or consult with a licensed financial advisor before making any financial decisions. The creator of this content assumes no liability for any losses or damages resulting from reliance on the information provided. By engaging with this content, you acknowledge and accept these risks.
CME_MINI:NQ1!
by Tradius_Trades
WTI - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: While the price is above the support 64.000, resumption of uptrend is expected. We make sure when the resistance at 80.100 breaks. If the support at 64.000 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 66.510 on 11/18/2024, so more gains to resistance(s) 75.446, 77.920 and maximum to Major Resistance (80.100) is expected. Take Profits: 75.446 77.920 80.100 83.961 87.000 93.882 100.802 109.192 126.350 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
BLACKBULL:WTILong
by ForecastCity
20
USOIL Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
FX:USOILShort
by ShahedZare
WTI CRUDE OIL: Bullish dirgence on 4H RSI points to $85.00WTI Crude Oil is neutral on its 1D technical outlook (RSI = 46.798, MACD = 0.400, ADX = 43.927) as it hit the 1D MA50 and so far it is holding it. The correction of the past 2 weeks has been significant but the 4H RSI is posting a bullish divergence on HL and we might be technically having a bottom like February 27th. We anticipate an identical +18% rise (TP = 85.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
USOIL Will Go Up From Support! Long! Please, check our technical outlook for USOIL. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 72.49. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 74.21 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
TVC:USOILLong
by SignalProvider
1