Crude oil bears pounce again and enter the 3-5 waveJudging from the current trend, although crude oil is in a short-term rebound phase, the overall bearish trend has not changed.Personally, I think the 3-4 wave rebound is likely to have ended, and the MACD indicator shows that the rebound momentum is weak. Therefore, today's operations should focus on shorting the rebound and seizing the falling opportunity of the 3-5 wave.
Suggestions:
1. Go short at $67.20, stop loss 30 pips, take profit $64.80.
2. If the short position of strategy 1 is stopped out, go short again at $67.85, stop loss 30 pips, take profit $66.
3. If the market falls below $66 before 16:00, you can go short at $65.90 with a stop loss of 30 pips to $66.90.
Usoilanalysis
USOIL Strategy AnalysisInternational crude oil prices have been trending sideways-to-downward recently. As of March 19, WTI crude oil was priced at $66.58/barrel, marking a cumulative decline of over 7% since the beginning of the year. The current core market contradiction focuses on the dual pressures of loose supply expectations and divergent demand prospects.
Oil trading strategy:
sell @ 68.2
buy @ 66
If you are currently unsatisfied with your crude oil trading performance and need daily accurate trading signals, you can visit my profile for free strategy updates every day.
USOil: The trading strategy is to continue shortingYesterday, crude oil prices peaked and then witnessed a sharp decline, directly plunging through the upward gap that opened at the beginning of the week.
The current market situation is at the initial stage of a downtrend. It is projected that after rebounding to the range of 67.00 - 67.80, the downward movement will resume. Moreover, the strength of today's rebound indicates relatively feeble upward momentum, and market sentiment leans towards caution.
Consequently, today's trading strategy will mainly focus on shorting on rebounds. Traders should wait for the market to rebound to key resistance levels before entering the market.
USOIL Trading Strategy:
Sell@67.7-68.3
TP:66-65
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
USOILHello friends
Due to the price falling in the identified support area, buyers were able to support the price, but given the weakness of the trend we are witnessing, it seems that sellers have more power...
Now, for the price to rise, the identified resistance must be broken, and for the price to fall, if the support is broken, the price will continue to fall.
*Trade safely with us*
Next Week's Trading Blueprint for USOILThis week, U.S. crude oil closed at $67.18, with a weekly increase of 0.2%. Next week, there is sufficient upward momentum. The United States has tightened sanctions on Iran, and there is a risk of supply contraction. Moreover, the decline in U.S. gasoline inventories far exceeds expectations, indicating strong demand. Technically, if the key resistance level of $69.00 is breached, an upward space will be opened, and the bullish forces are expected to push up the price of U.S. crude oil.
USOIL Trading Strategy for Next Week:
buy@ 65-66.5
tp:69-70
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Weekly Market Forecast WTI CRUDE OIL: Bearish! Wait For SellsThis forecast is for the week of March 17 - 21st.
WTI Crude Oil is in consolidation, but forming a wedge pattern. As the market condenses, we no watch out for a breakout that could go in either direction. But if we take note of the Weekly bearish FVG that formed last week, we simply wait for price to sting into it and use it to move lower. The market is weak, and has been trending down for over two months now. Using the trend and the -FVG, the higher probability is for price to continue lower, as long as the -FVG holds.
Check the comments section below for updates regarding this analysis throughout the week.
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USOIL Analysis of TodayThe global economic situation has a significant impact on the demand for crude oil.
During periods of economic prosperity, industrial production and transportation activities are frequent, leading to an increase in the demand for crude oil, which in turn drives up the price of USOIL.
For example, during the period of rapid development of emerging economies, the demand for energy was robust. When there is an economic recession, the demand decreases, and the price may drop. Just like after the global financial crisis in 2008, the demand for crude oil plummeted sharply, and the price also crashed accordingly. In terms of supply, the changes in production output of major oil-producing countries are of vital importance.
The adjustment of production capacity and production disruptions in major oil-producing countries such as the United States, Saudi Arabia, and Russia will all affect the global crude oil supply. For instance, the development of the shale oil industry in the United States has significantly increased the country's crude oil production, having a major impact on the global crude oil market supply pattern.
🎁 Buy@66.90 - 67.00
🎁 SL 66.80
🎁 TP 67.15 - 67.20
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USOIL:The latest trading strategyThe price of WTI crude oil futures has risen slightly, and the market is currently in the process of bottom - building.
The price briefly broke through last week's high of $67.94, reaching an intraday high of $68.37 before pulling back. The market remains in a "sell - on - rally" mode.
After the higher opening, there is a probability that the crude oil price will stabilize at a lower level. For the subsequent trading strategy, short - selling is worth considering.
USOIL Trading Strategy:
Sell@67.7-68.3
TP:66-65
#USOIL/WTI 1 DAYUSOIL/WTI (1D Timeframe) Analysis
Market Structure:
The price is currently trading near a key support level, which has previously acted as a strong demand zone. Buyers may step in at this level, leading to a potential reversal or bounce.
Forecast:
A buy opportunity is expected if the price holds above the support level and shows signs of bullish momentum. Confirmation through price action, such as bullish candlestick patterns or increased volume, can strengthen the trade setup.
Key Levels to Watch:
- Entry Zone: Consider buying near the support level if the price confirms a bounce.
- Risk Management:
- Stop Loss: Placed below the support level to manage downside risk.
- Take Profit: Target resistance levels or previous swing highs for potential gains.
Market Sentiment:
If the support level holds, the market sentiment may shift towards the upside, leading to a potential bullish move. However, a breakdown below support could indicate further weakness, requiring reassessment.
Trading Strategy for Crude Oil Next WeekAs U.S. President Donald Trump pushes for an increase in domestic oil production and a reduction in energy prices, the prospect of declining profits may stifle drilling activities. If WTI crude oil hovers around $65 per barrel, shale oil operators may shut down 25 drilling rigs and keep U.S. oil production flat. A further drop in prices would actually reduce crude oil production.
With Trump's trade war weighing on the demand outlook, traders are bracing for an influx of Russian crude oil into the global market, and WTI crude oil is in the midst of its longest losing streak in nearly a decade.
The price of crude oil has been lingering at a low level. On the weekly chart, it closed with a bearish doji star, showing a double-bottom pattern. In the short term, the oil price is still fluctuating in the range below $68.5. If it fails to break upward in the future, there is a high probability of a continued decline.
USOIL Trading Strategy for Next Week:
Sell@67.7-68.3
TP:66-65
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
"US oil Spot / WTI" Energy Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US oil Spot / WTI" 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. 🏆💸Book Profits wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (73.300) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
Stop Loss 🛑:
Thief SL placed at the recent / nearest low level Using the 2H timeframe (71.600) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
1st Target - 75.500 (or) Escape Before the Target
Final Target - 79.000 (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:
🛢️"US oil Spot / WTI" Energy Market is currently experiencing a bullish trend,., driven by several key factors.
🔥Fundamental Analysis
- Supply and Demand: The current price is influenced by the balance between oil supply and demand. OPEC's production cuts and increasing demand from Asia are driving prices up ¹.
- Inventory Levels: US oil inventory levels are currently below the five-year average, contributing to the price surge.
🔥Macro Economics
- Inflation: Rising oil prices can contribute to inflation, which may lead to interest rate hikes and impact oil demand.
- Global Economic Trends: Economic growth, particularly in Asia, is driving up oil demand and prices.
🔥COT Data
- Non-Commercial Traders: Currently holding a net long position, indicating a bullish sentiment.
- Commercial Traders: Holding a net short position, possibly hedging against potential price drops.
🔥Seasonal Analysis
- Historical Price Patterns: Oil prices tend to be higher during the summer months due to increased demand.
🔥Market Sentimental Analysis
- Investor Sentiment: Currently leaning towards a bullish outlook, driven by escalating crude oil prices and increasing demand.
- Market Positioning: Investors are optimistic about oil's potential, with some expecting a breakout above $75.
🔥Next Trend Move
- Potential for an Upward Movement: With increasing demand and supply constraints, oil prices may continue to rise.
🔥Overall Summary Outlook
Considering the current price of 72.500, USOILSPOT is expected to maintain its upward momentum, driven by increasing demand and supply constraints. However, investors should be cautious of potential price volatility and geopolitical events that may impact oil prices.
⚠️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
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USOIL latest analysis of profitable trading signalsDuring the US trading session on Thursday, US crude oil fell in a narrow range and is currently trading around $67.13 per barrel, holding most of the gains in the previous two trading days. Previously, oil prices had rebounded for two consecutive trading days. The latest monthly report released by the Organization of Petroleum Exporting Countries (OPEC) on Wednesday showed that the organization maintained its forecast for global oil demand growth in 2025 and 2026, which is expected to increase by 1.45 million barrels per day and 1.43 million barrels per day respectively. The current crude oil market is supported by factors such as the decline in US inflation and the recovery of market sentiment in the short term, and prices have rebounded.
Analysis: From the daily chart level, the medium-term trend of crude oil remains in a wide upward channel, and oil prices gradually fall back to the lower edge of the channel. There have been many cases where one trading day swallowed up all the gains in the previous week, and the short-selling forces are more dominant. The medium-term trend of crude oil maintains a range of oscillations and downward, and the lower edge of the channel has been broken. It is expected that the medium-term decline of crude oil will start soon. The short-term trend of crude oil (1H) continues to consolidate at a low level, and the oil price gradually tests from the bottom of the range to the upper edge of the range, with the range range between 68.80-65.20. The short-term objective trend direction is oscillating rhythm. It is expected that the trend of crude oil will be resisted at the upper edge of the range during the day, and the probability of falling back downward is high. On the whole, He Bosheng recommends that the operation strategy of crude oil today is mainly to rebound high and to step on lows as a supplement. The short-term focus on the upper resistance of 68.3-68.8 and the short-term focus on the lower support of 66.0-65.5. FX:USOIL FOREXCOM:USOIL TVC:USOIL
USOIL's latest 20% profit tips
Trading signal analysis gives 65 support, and traders who rebound and go long, TP reaches the target 15%.
If you don’t know when to buy or sell, please pay close attention to the real-time signal release of the trading center or leave me a message, so that you can quickly realize the joy of profit. FOREXCOM:USOIL FX:USOIL TVC:USOIL
Latest USOIL Trading Signal PlanToday's crude oil opened at $66.34, slightly higher than yesterday's low, indicating that the market has some support around $65. After Wednesday's low of $65.22, the 4-hour chart closed with a positive line with a long lower shadow, showing that bulls have strong defense around $65.
According to the current trend analysis, the price fell from $73.14 to $68.36, a drop of $4.78; it rebounded from $68.36 to $70.60, a rebound of $2.24, and a correction of about 50%. The drop from $70.60 to $65.22, a drop of $5.38, may theoretically have ended, but considering the support of the $65 mark, it may further fall below $65.
The current trend stage may be nearing its end, but the $65 mark has not been effectively broken, and the possibility of further decline needs to be paid attention to. The target below may be in the $64.00-63.00 range.
If the price stabilizes around $65, it may start to rebound, with the target in the $67.00-68.00 range. Short selling is the main method of rebounding during the day. Pay attention to the support effect of the $65 mark. If the price effectively falls below $65, short selling can be pursued, with the target at $63.00-64.00.
Trading is risky and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to buy or sell, pay close attention to my real-time signal announcement or leave me a message so that you can realize the joy of quick profits. FOREXCOM:USOIL FX:USOIL TVC:USOIL
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.
Oil Prices Plummet as Trade Tensions RiseOil prices took a hit after Trump's tariffs were announced, and it's essential to understand the reasoning behind this drop.
When US imposed tariffs on Chinese goods, China retaliated by placing tariffs on US goods, including oil. This move led to a decrease in oil demand from China, which is the world's largest oil importer. As a result, oil prices plummeted.
◉ Key Factors Behind the Decline
● Trade Tensions: The escalation of trade tensions between the US and China led to a decrease in oil demand, causing prices to drop.
● China's Tariffs on US Oil: China's decision to impose tariffs on US oil imports reduced demand for US oil, contributing to the price decline.
● Global Economic Slowdown: The ongoing trade tensions and tariffs have led to a slowdown in global economic growth, further reducing oil demand and prices.
● Increased Oil Production: The US has been increasing its oil production, leading to a surplus in the market and contributing to the decline in oil prices.
◉ Technical Observations
● A notable decline in oil prices has been observed since mid-January 2025.
● Prices are currently hovering near the critical support zone around $66, a level that has historically provided a floor for prices.
● If this support level is breached, it may trigger a further decline in oil prices.
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.
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