CL 15M Bearish ICT Unicorn breakerCL is in Daily downtrend. It retraced to Daily FVG, swepr previous day high and reversed sharply. 15M ICT Unicorn breaker has formed. Setting limit order to go shortShortby ICTTradeTactics0
USOIL Sell Setup🔻 USOIL Sell Setup 📉 MSS Confirmed → Liquidity Grab 🎯 Target: Equal Lows (Sell-Side Liquidity) 🔍 Entry: Retrace to FVG / OB in Premium ⏳ Confirm: Volume + Momentum 🔥 Let me know if you need a chart! 🚀Shortby Asif_Brain_Waves0
Possible riseOil is now in a correction phase after having been descending, as noted on the left side of the chart. The price may move between 73.72 and 70.12 and a break of either side may lead to bull run or a bearish continuation. For the immediate bullish rise, if price continues to be above 70.12, and passes 71.6 simultaneously settling above, the commodity may try to touch 73.000 zoneLongby Two4One40
My View : CLJ2025 - Crude Oil Futures (April 2025)Summary analysis : Price Movement: The current price is at 71.43, showing a slight decrease of 0.01 (-0.02%) from the previous close. The price has been relatively stable within a narrow range, with the high at 71.46 and the low at 71.38. Trend Indicator s: The Heikin Ashi candles suggest a potential consolidation phase, as there is no strong directional movement indicated by the candles. The Bollinger Bands (BB20) show the price is near the middle band (SMA close at 71.10), indicating a balanced market without significant volatility. Support and Resistance : Key support levels are around 71.00 and 70.50, while resistance levels are near 72.50 and 73.00. The price is currently hovering near the lower end of the recent range. Volume and Momentum : The volume data is not explicitly provided, but the lack of significant price movement suggests low momentum. The ARIMA forecast (BQECASTHL) indicates a potential for minor fluctuations without a clear trend. Fractals and Signals : The presence of fractals suggests potential reversal points, but without a clear pattern, it’s challenging to predict a strong move. The SELL and BUY signals are not strongly pronounced, indicating a neutral market sentiment. Time Frame : The analysis is based on a 1-hour chart, which is suitable for short-term trading. Traders should monitor for breakout signals above 71.46 or below 71.38 for potential short-term opportunities. In summary, the Crude Oil Futures market for April 2025 is currently in a consolidation phase with limited volatility. Traders should watch for breakout signals and monitor key support and resistance levels for potential trading opportunities.by Hampeh0
CL: Squeeze: sell ideaOn CL as you can see on the graph we have a squeeze. This means that we would have a high probability of seeing the market go downward over a time unit of one (1) hour, especially when the vwap is broken forcefully by a large red candle.Shortby PAZINI191
Bearish Outlook: Short Crude Oil Next Week as Resistance Holds- Key Insights: Crude oil is currently entrenched in a bearish trend, with recent trading activity indicating waning speculative interest and a reluctance to decisively break past resistance levels. The market is consolidating around the low 70s, reflecting broader concerns about geopolitical tensions and their impact on supply. This scenario presents a viable short opportunity as prices may struggle to maintain upward momentum. - Price Targets: Next week targets are T1 = 68.50, T2 = 66.00. Stop levels are S1 = 72.50, S2 = 73.50. This positioning reflects the current market sentiment and expected resistance. - Recent Performance: The crude oil market has experienced a series of lower highs and lows, and trading has remained stagnant. Prices have been hovering in a narrow range, with a slight bearish inclination driven by external factors and limited investor confidence. - Expert Analysis: Analysts project continued bearish movements for crude oil in the short-term, advising caution among traders. Geopolitical events, particularly concerning Iran, remain critical in shaping market dynamics, alongside potential impacts from OPEC's decisions. - News Impact: Geopolitical concerns, particularly around sanctions against Iran and conflicts influencing global oil supply chains, are pivotal in understanding current price movements. Developments in Ukraine and OPEC’s production strategies are additional elements that could sway market direction.Shortby CrowdWisdomTrading0
Crude Oil Short Setup: Targeting the Low $70s to High $69sCrude oil appears to be showing signs of bearish momentum after a failed attempt to break higher. With the price stalling around the $71.00 level, we’re positioning for a short trade targeting a retracement into the low $70s or possibly into the high $69s, where we see potential support levels.Shortby trader92241
MCL1! – Bearish Target in Play MCL1! – Bearish Target in Play 🔻 Short Bias | 🎯 Target: 70.36824 | ⏳ Deadline: Feb 25 After a temporary bounce, crude oil is facing resistance, and momentum suggests a move lower toward 70.36824 is possible. Monitoring price action for further confirmation. 💡 All trades can be replayed on TradingView for confirmation. #CrudeOil #MCL #TradingView #MarketAnalysisShortby GlobalHornsUpdated 1
#202507 - priceactiontds - weekly update - wti crude oil futuresGood Evening and I hope you are well. comment: No bigger opinion on this trading range. 70 holds, we chop until a bigger news event pushes us above 74. Below 70 we could flush to 69 and then 67. current market cycle: trading range key levels: 70 - 75 bull case: Bulls preventing meaningful lower lows but we have a clear bear trend line. Bulls are still favored going into next week to buy around 70 and test back up to at least 72. They want to break above the Tuesday high 73.67 and make the market more neutral again. If they get it, we could test 75 next. Invalidation is below 69.7. bear case: Bears have closed the week near the lows and they want to poke at 70 until it fails. I have no idea how likely that is next week but for now it’s support and if we see decent buying pressure tomorrow, bulls are favored. Volume is also trash again. Below 70 we test 69 and then 67. Invalidation is above 75. short term: Neutral for now. Still no interest in this tbh. 70 should hold but the last thing I want to do is buying this. Nothing has changed since last Sunday. Play the range or trade something else. medium-long term - Update from 2025-01-19: Triangle is dead and market is now in a proper trading range with upside to 80 or even 85. current swing trade: None chart update: Nothingby priceactiontds0
CL1! SELL 70.25CL1! currently trending strong to downside daily/ 4hr * if we can get a 15min candle to close near/ below 70.25 area trend should continue * exit around 68.54 if we get enough momentum or once you start seeing strong buying pressureShortby richmoore850
CRUDE - WEEKLY SUMMARY 10.2-14.2 / FORECAST🛢 CRUDE – 11th week of the base cycle (28 weeks), mature 1st phase. The pivot forecast on February 11 worked as a reversal, similar to the extreme forecast on February 3. This marks the second reversal from the combined resistance of the MA20 and the large triangle boundary, which I discussed in previous posts. Holding the short position from the February 3 extreme forecast. The first phase of the base cycle isn’t over yet, but it is very mature. ⚠️ Note that the pivot forecast on January 17 marked a triple top with the extreme forecasts of July 1 and April 12 (Retrograde Mercury). I maintain my bearish stance, which I explained in my crude oil post from summer 2024. Next pivot forecast for crude: February 24. Next extreme forecast: March 3.by irinawest1
SHORT ON OILIf it rejects of 72.00 I'm looking for a quick sell. If not I'm looking for buy to the upside. Still overall downtrend, but may be trying to reverse, just hasn't broken that 4Hr Level yet. Watching News today as well.Shortby queensroyalchamber2
Crude Oil (MCLH2025) – Bullish Setup DevelopingCrude Oil (MCLH2025) – Bullish Setup Developing 🟢 Long Bias | 🎯 Target: 71.47014 | ⏳ Deadline: Feb 14 Price is consolidating after a recent move, showing potential for an upward push. Watching for momentum to build toward the 71.47014 target. A break above could open further upside opportunities. 💡 All trades can be replayed on TradingView for confirmation. #CrudeOil #MCL #Futures #TradingView #MarketAnalysisLongby GlobalHornsUpdated 0
Bias is Long on OilHitting an Daily Level, may be bouncing back from a big ~300-Tick move to the downside. Engulfing candle on the 15 min. Currently in a Low Value Area 70.64. Point of Control is 72.45. Hoping for a nice pullback since it's still in overall downtrend. Trying to catch some moves before market opens...Lets' see. Up, up, and away. Longby queensroyalchamber331
CL1! BUYING the Dip Price is currently testing a support level that aligns with previous swing lows, offering a favorable entry point with a defined risk. Traders should consider entering long positions near this support area, targeting the next key resistance zones while managing risk with tight stop-loss levels just below the recent support. The overall market sentiment remains positive, supported by global supply-demand factors, making this a favorable environment for further upside movement in MCL1!Longby trader9224Updated 1
RISING WEDGE PATTERN IN CRUDEOILCrude Oil (MCX) 1HR Chart Analysis 🔹 Expected Price Movement: Price is forming a rising wedge pattern, indicating a potential short-term upmove before a breakdown. 🔹 Bullish Push First: Expecting price to test the 6343 - 6380 zone before showing weakness. A temporary breakout could occur before reversal. 🔹 Bearish Breakdown Target: If the price fails to hold, a breakdown below 6306 could trigger a drop toward 6260, confirming the wedge breakdown. 🔹 EMA & Volume Analysis: The 55 EMA (6287) acts as dynamic support, but declining momentum and volume suggest a possible exhaustion near resistance. 🔹 Risk Management: Traders should monitor price action near resistance and use stop-loss protection to manage volatility. 📌 Disclaimer: This is a technical analysis based on provided data and should not be considered financial advice. Trading involves risk, and past performance does not guarantee future results. ❤️ If this analysis helps, please like the post! 🚀Longby Shalvisharma5Updated 6615
CL longsTaking CL longs here, based on my model that was posted before. Same setup, partials taken, rest will be managed accordingly. Support on H4 BISI, following same OF in 15m and 5 m confirmation entry. Longby TradesofThunder0
Crude Oil daily time frame - potential Ascending Channel Crude Oil Futures (CL1!) – Daily Chart Analysis (Feb 11, 2025) 📉 Market Structure: Crude oil is trading within a broad ascending channel, with higher lows forming near $68 and resistance near $80-$82. Price recently bounced from a key support zone around $70-$72, indicating demand in this area. 🔑 Key Levels to Watch: Support: $70-$72 (previous resistance turned support) Resistance: $78-$80 (previous strong rejection area) Major Resistance: $82+ (upper trendline of the channel) 📊 Potential Scenarios: Bullish Case: If price holds above $72, a continuation to $78-$80 is likely. Breaking $80 could lead to a test of the upper channel at $82-$85. Bearish Case: A break below $70 could invalidate the bullish momentum, pushing price towards the lower trendline near $68-$66. 📌 Conclusion: Oil is in a consolidation phase, respecting key levels. Bulls need a breakout above $78-$80 for further upside, while bears would target a breakdown below $70. 🚀🔥by Forexbeats4
CRUDE OIL - WEEKLY SUMMARY 3.2-7.2 / FORECAST🛢 CRUDE – 10th week of the base cycle (28 weeks), likely completing the 1st phase. The extreme forecast on February 3 worked as a reversal from the combined resistance of the MA20 and the large triangle boundary, which I mentioned in my last post. Holding the short position from the February 3 extreme forecast. The first phase of the base cycle isn’t over yet, but it is very mature. ⚠️ Note that the pivot forecast on January 17 marked a triple top with the extreme forecasts of July 1 and April 12 (Retrograde Mercury). This is a very strong resistance level. I maintain my bearish stance, which I explained in my crude oil post from summer 2024. Next pivot forecast for crude: February 11. by irinawest2
CL1! BULLISH intraday forcast The outlook for CL (Crude Oil) in intraday trading is somewhat mixed, with a few bullish factors and technical indicators to consider. Recent analysis shows that while technical signals point to a bearish trend in the short term, there are elements suggesting potential price support. For instance, the strength of the crude crack spread has risen to a 5¾-month high, which could indicate positive momentum for crude prices. Additionally, the U.S. GDP growth is showing positive signs, potentially leading to an increase in oil demand. This economic growth could push prices higher, especially if the market responds favorably to these fundamentals. However, technical indicators, including moving averages, suggest a "Sell" position at the moment. Therefore, traders should monitor market developments closely, weighing both the technical signals and broader economic factors when considering intraday trading strategies for CL. Longby trader9224Updated 7
WTI crude bulls eye $74Crude oil prices fell over 11% from the January high before support was found at the 200-day SMA and 50% retracement level on Friday. Trump's latest tariffs saw commodities rise on inflationary concerns, and that allowed WTI futures to post a daily gain of 1.6% - its best day since the January high. The 1-hour chart shows an impulsive move with no immediate threat of a top forming, and it seems plausible that the market is now reaching for $74 as part of a counter trend move, near the monthly pivot point and weekly R2. However, as Monday's trading volume was the lowest of the year, it shows a lack of bullish enthusiasm. So unless we see volumes rising alongside prices, I am to assume the current bounce is simply a correction against the drop from the January high. Matt Simpson, Market Analyst at City Index and Forex.com Longby CityIndex223
Support around 73.25 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (CL1! 1D chart) The point to watch is whether it can rise above 73.25-74.62. Since the M-Signal indicator and MS-Signal (M-Signal on the 1D chart) indicators on the 1W chart are passing around 73.25, it is expected to be the first resistance zone for the rise. The M-Signal indicator of the 1M chart is passing around 74.62, so it is expected to be the second resistance zone. - If it receives resistance and falls, 1st: 70.64-71.0 2nd: 68.18-68.94 You should check whether there is support near the 1st and 2nd above. - (30m chart) Resistance: M-Signal indicator of 1D, 1W chart Support: 5EMA+StErr indicator of 1D chart (71.78) - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- by readCrypto2
OIL Short - Tariffs Might Pump The USDUSD goes up. Oil goes down. Oil is heavily longed, I expect a major flush down.Shortby PsytropyUpdated 1