TA on WTI Oil - 2025.05.14Quick technical analysis on WTI oil.
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Crude Oil Futures: Cup and Handle Pattern 4hCUP FORMATION
Start Date: April 27, 2025, 22:01
Bottom Date: May 4, 2025, 22:01
Bottom Price: $55.34 (exact)
Cup Duration: 15 days
Cup Depth: $8.66
Cup Shape: Rounded, symmetrical U-formation
Right Rim: $64.00 (May 12)
HANDLE FORMATION
Start Date: May 12, 2025, 10:01
Current Pri
OIlA "double bottom buy stop" strategy is a trading approach based on technical analysis. It involves identifying a specific chart pattern known as a "double bottom," which consists of two consecutive troughs at approximately the same price level separated by a peak. The strategy entails placing a buy
CRUDE OIL I Weekly CLS I KL - Breaker I |Model 1 to 50%Hey, Market Warriors, here is another outlook on this instrument
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OIL – Bearish Setup at FVG + Golden Pocket ConfluenceThis 4H chart of Crude Oil Futures highlights a clean bearish setup forming as price approaches a confluence zone of imbalance and premium pricing. After a sharp downward move, the current rally appears to be a retracement into areas of interest for potential distribution.
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1. Context & Market
OIL/ BUY 30m chart analysisChart Analysis Summary:
The price is currently around 61.46.
You've marked a demand zone between approximately 60.11 – 60.50, suggesting a strong buy interest in that area.
The chart shows a projected bullish move with a strong red arrow pointing toward 65.00+.
The projection includes a breakout
WTI gets a boost, but is this really enough?We saw yesterday the positive reaction due to the pausing of tariffs. However, because of the economic uncertainties and OPEC+ production increases, the price of TVC:USOIL may see more downside.
Let's dig in.
MARKETSCOM:OIL
Let us know what you think in the comments below.
Thank you.
77.3%
OIL: Retest and drop or bear trap?MARKETSCOM:OIL
Hello
Looks like this patterns might decide Inflation or deflation.
I would guess deflation based on tariffs, due to the below reasons:
1. People have low purchasing power
2. Job losses
3. High prices due to tariffs.
4. Higher interest rates, so tough market conditions.
Fed shoul
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.