USOIL - is it continues pattern? What's next??#USOIL - perfect holding as per our last idea and now market again make fresh support and just trade above. That is 74.40 around, keep close it and if market holds 74.40 then am expecting further bulish oil. Good luck Trade wisely by AdilHussain731333Updated 0
oil updateI told you about the oil update on Friday a few days ago And until now there is still respect for my chart Are you satisfied with this analysis and respect for the numbers I wrote for you! Now the price of oil has exceeded 74 now Now you should watch this chart Don't forget to follow me and support meby SMART1MGUpdated 3
USOIL - Long Trade Idea Update - Long Position Triggered...We have officially entered this long trade for Crude Oil, targeting a minimum upside of $97.50. In this video, I provide a quick overview of the trade idea, confirming it aligns with AriasWave principles, as the price held above the support level. You can find the original idea linked below.Long03:05by AriasWave2
USOIL Potential UpsidesHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 73.60 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 73.60 support and resistance area. Trade safe, Joe.Longby JoeChampion3
2025.01.07 USOIL is correcting down to support zoneHello traders: Last Friday's Alert: On the daily chart, oil closed bearish on Monday, forming a reversal and retracement signal for the daily trend. Therefore, using support structure levels, the short-term retracement targets are: TP1: 71.80 TP2: 70.50 GOOD LUCK! LESS IS MORE!Shortby FUNTRADER-VeraUpdated 6
USOIL TRADE IDEA: LONG | BUY (07/01/25)Price has slowed down - it’ll most likely pull back especially after a good day or two. Price will return to discount and seek to go up. RR:2.4 NB: This is not financial advice. Trade safely and with caution. Shortby saintprincevvs222
Waiting for Clarity: Insights on Oil and the 70 Put OptionsLet’s talk about WTI oil for a moment. In the upcoming monthly expiration series set for January 15, there’s some interesting action happening with the 70 put options. Traders aren’t just dumping these puts; they’re actively reselling them, and there are definitely buyers stepping in. What’s even more intriguing is that the same 70 puts are being picked up in the next options series as well. Now, if you look at the charts, it seems like prices have finally broken out of that range they’ve been stuck in for a while and are gearing up to move higher. With this kind of sentiment in play, I’m going to hold off on making any buys for now and wait for some clearer signals before jumping in.Shortby ClashChartsTeam2
WTI reaches key resistance zoneCrude oil prices have been stealthily rising over the past couple of weeks, but now is the real test as prices have reached some important resistance levels. As per the chart, WTI faces a band of resistance from its bearish trend line, 200-day moving average, and prior support and resistance, all converging around the psychologically important $75.00 level. Specifically, the resistance range comes in between $74.55 to $77.50. Yesterday's bearish price candle was the first sign of a potential reversal, although we haven't yet seen any downside follow-through. Support comes in around $71.50, the base of the recent breakout. Below that, $70.00 is the next downside target, followed by the recent lows. By Fawad Razaqzada, market analyst at FOREX.com Shortby FOREXcom12
CRUDE OIL TO HIT $160?! (UPDATE):It's been a few months since I've done an update on my Crude Oil analysis, as Oil prices have been stagnant & consolidating. But in the past week & a half we've seen a huge push to the upside, with Oil now sitting at a 3 month high! Currently up 700 PIPS (10.40%) in profit from our support zone. Long term I still remain bullish from a technical standpoint. Also, we already know from a fundamental standpoint, the puppet Donald Trump will be used to worsen geopolitical situations globally, weather that's in the Middle East or with China & Russia.Longby BA_Investments8
USOIL LONGSee the opportunity below. The character changed and you need just a good entry. Seeing the global wars and sanctions on Russia (Also new sanctions on international oil companies sell Russian oil), you can also understand the change of character. Good luck! (Also we have second entry below)!!!Longby Fred51022
USOIL TF 2H 7125wait till price come into the zone and break out with big green/red candles entry (TF 2h,4h) SL at previous low/high TP at FibonacciShortby JAYFREY2
USOIL Take it as it isI don't think TVC:USOIL will surpass the purple box anymore for the forseeable future. Mostly (as a worst case scenario) I see it maybe touching the upper limit but nothing more. TPs are well marked on the chart. Hopefully I will nail it down more or less with the timeframe aswell. Fundamentals are clear as daylight too. Shortby dicetradeUpdated 222
USOIL Will Fall! Short! Please, check our technical outlook for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 74.10. Taking into consideration the structure & trend analysis, I believe that the market will reach 72.60 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider117
USOIL WEEKlLY ANALYSIS #USOIL. The buyside is rich. As price continues to surge for bullishness...... Thought there might be some short term rally on price fluctuations on intraday time frame, the Monthly t imeframe will surely come to fruition Longby D_Market_Maker1
OIL bearish bias down to $72.50The price currently trades around $73.37 and appears to be in a retracement phase after a significant sell-off. The overall structure suggests the market may continue to test lower levels with a clear rejection from the recent highs near $75.00, followed by a steady move downward. Resistance: $74.00, where a rejection occurred Support: $72.50, which aligns with a previous structure low Let me know if you agree with my idea ? Shortby TopGBanks2
Falling towards overlap support?WTI oil (XTI/USD) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 72.97 1st Support: 71.51 1st Resistance: 75.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets1112
Brent Oil Poised for a Rally!Brent crude prices are currently influenced by a combination of strong geopolitical and climatic factors. At present, WTI is trading around $73.30 per barrel, nearing its highest levels since October 2024, as investors closely monitor the potential impact of colder weather in the United States and Europe. Seasonal demand for heating oil is expected to rise, providing additional support to crude prices. Simultaneously, China’s economic policy plays a crucial role in shaping the global energy market, given its status as the world’s largest crude importer. Recent stimulus measures announced by Beijing, including ultra-long-dated treasury bonds and initiatives to boost investment and consumption, have heightened expectations for increased fuel demand. Support from the People’s Bank of China, which anticipates a potential interest rate cut in 2025, along with the Shanghai Stock Exchange’s commitment to further open capital markets to foreign investors, strengthens the country’s economic recovery outlook. In addition to these dynamics, the outlook for Iranian exports remains a critical factor for the Brent market. Goldman Sachs forecasts a decline in Iranian production by approximately 300,000 barrels per day by the second quarter of 2025, lowering the country’s total output to 3.25 million barrels per day. This drop is attributed to the anticipated tightening of sanctions under the new Trump administration, which could curtail global supply and support higher prices. The combination of rising seasonal demand for heating oil, growing demand from China, and reduced Iranian supply could sustain an upward trend in Brent prices in the short to medium term. However, it remains essential to closely monitor geopolitical developments and major central bank policies, as any significant changes could alter the current outlook.Longby Forex48_TradingAcademy110
USOIL - Important BreakoutHello Traders ! The USOIL price failed to create a new lower low ! Currently, The resistance line is broken ! So, I expect a bullish move🚀 _________________ TARGET: 75.52🎯Longby Hsan_BenhmedUpdated 4412
WTI raise then downAs shown in the chart, the price still has potential to complete wave 3 at 75.17 -75.40, followed by a correction in wave 4 to 72.90. Buy at the current price of 74.25 and take profit at 75.17 ( your stop loss accordingly). Then, wait for a reversal pattern to sell and target 72.90 - 72.15. Shortby Ibrahim1984Updated 111
XTIUSD BEARISH OPPORTUNITYHello Everyone! How are you all? XtiUsd is an instrument to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on. So, I will be looking for a short continuation because of the following reasons: 1. The overall trend is bearish 2. The price has formed a continuation structure. 3. The price is approaching the value area. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows. Entry : will look for a risk short entry within the flag or a reduced risk entry on the breakout of the flag. Shortby DTreasureMarketHubUpdated 1
WTI USOIL Overall bullish not for long-term(Price/Time Analysis)Go through the analysis carefully and do trade accordingly. RWG 'BIAS for next week (5-1-2025) Current price- 74 "Possible retracement to 73.4 zone(216degree angle) Then big expansion to the upside." *Entry @73.4 Stoploss@73 TP@ 75 (4.6 R/R) Disclaimer: Methods shown are combination of time and price theory by W.D Gann combined with ICT strategy & other .If my analysis doesnt make sense for some of you feel free to skip ahead ,This is a personal strategy developed after years of back-testing making the highest win-rate with high risk-to-reward. Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.Longby RWG_TradingUpdated 2
USOIL - Near to his current support? holds or not?#USOIL.. well guys market perfectly broke his resistance in friday and now trade above that region. keep close that region because if market hold it in that case we can expect further move to upside. area is 73.3073.40 BUT keep in mind that that region is also our cut n reverse region. because below that cut n reverse can be a good option. good luck trade wiselyby AdilHussain731333Updated 1