TP HIT ON USOIL | CL1!I posted earlier today to buy on Oil, and the market reached our TP now it started reversing.
Follow for daily trades!
OIL_CRUDE trade ideas
Is crude finally breaking out?Crude oil was weaker in early trade, pulling back from levels last seen in mid-October. This followed an impressive rally which began on Friday 27th December. This saw front-month WTI break out from a longstanding downtrend which can trace its origins back to September 2023, punctuated by a series of lower highs and lower lows. But the early weakness quickly evaporated on the sudden fall in the US dollar. The Dollar Index dropped on renewed tariff threats from the incoming Trump administration, leading to a sharp rally in dollar-denominated commodities and other financial assets. Oil prices have rallied a long way in a relatively short period of time. Yet last year, buyers were repeatedly disappointed as every rally attempt was quickly blocked. Could things be different in 2025? It’s certainly possible from a technical perspective, even if there’s been no obvious improvement in the fundamental picture. The daily MACD is back in positive territory and pointing up, suggesting that momentum has turned positive. The next big test for front-month WTI is the $75 region, which is only a dollar away. But it may be that prices need to back up and consolidate before they can attempt another significant move higher.
OilOil continues to rise as I mentioned earlier in my analysis about oil
We hope for more rises
We expect this movement, especially after the strong breach of 72.5 to reach these areas
Now we have to expect the rise within this range
Please monitor the channel with the lines to be aware of the market direction
I wish you success and more profits
USOIL, might be preparing for a large move. USOIL / 1D
Hello Traders, welcome back to another market breakdown.
The market is showing strong bullish momentum, breaking through key minor resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for the price to show more strength first then for the pullback into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
First Resistance: Immediate levels formed during prior consolidation.
Trade safe,
Trader Leo
BUY USOIL | CL1!Good morning traders!
Today's trade is on Oil, you can buy and set the same target and stop as mine.
Follow for more!
US CRUDE OIL(WTI): Very Bullish SentimentUSOIL completed a period of consolidation by breaking through a resistance level in a broad horizontal range on a daily.
This creates the possibility for further upward movement, with the market potentially continuing to rise, possibly reaching 75.55.
WTI Oil H4 | Falling to overlap supportWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 72.65 which is an overlap support that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 71.10 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 75.13 which is a pullback resistance.
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Falling towards pullback support?WTI oil (XTI/USD) is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 72.40
1st Support: 70.06
1st Resistance: 76.55
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WTI Poised for Upside: Key Levels to WatchHello,
BLACKBULL:WTI is positioned for potential further upside! Sellers seem confident that the current move is the extent of it and expect a downturn from here. However, the short-term trend remains bullish, while the long-term outlook is neutral to slightly bearish. Market sentiment currently favors a continuation of the bullish trend. The 1M PP has acted as support, triggering the recent rally. For continued upside towards the 1Y PP, a move above 74.688 and a sustained break above it are needed to confirm further bullish momentum.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
CRUDE OIL (WTI): Strong Bullish Signal
Crude Oil was in a deep consolidation since October.
The market was stuck within a huge horizontal range on a daily.
With the market opening after holidays, Oil looks strongly bullish.
A breakout of a resistance line of the range, indicates the completion
of a bullish accumulation.
It opens a potential for more growth.
Next resistance on focus is 75.55
❤️Please, support my work with like, thank you!❤️
Oil 30 mins scalp to 38% retracement in progressTargeting at least a 38.% retracement in Oil after the completion of an ABCD harmonic pattern.
Trend still bullish but we always Trade what we see with good risk management.
Keep stop losses tight and we will add positions at the sign of a retracement.
USOIL: Looks bullish in next few weeksHello,
This chart is bullish if it breaks upwards.
This means market will be volatile.
Happy trading TVC:USOIL
The final blow of the Russian war machineThis idea is not based on technicality. It is based on the right move by the west and the Saudi. The Russian economy will be in ruins after some months. Taking them out of the oil industry and shutting down their stupid war machine. After that the rest of the OPEC get the Russian oil cut for them selves. Win win.
In my opinion. There is already a deal in place.
Have a great 2025
Oil: Is the Downtrend in Oil Coming to an End?
In the previous analysis, the rise in oil prices was examined. As observed, after breaking the multi-week consolidation zone and retesting it, oil prices climbed. We anticipate a similar scenario could unfold again, with a break of the historical descending trendline followed by a retest. For a better entry into a buy position, it is advisable to wait for this price correction.
USOIL PredictionWelcome to our trading analysis! It’s great to see dedicated traders like you pursuing success with focus and determination. Trading is not just about profits—it’s about learning, adapting, and growing with every market movement. Today, we’re analyzing USOIL, which is currently trading at $74, with a bullish target of $100. The market is forming a falling wedge pattern, a classic bullish setup signaling a potential upward breakout. Before the price reaches the target, it needs to confirm a breakout from this wedge, which will mark the beginning of a strong rally. This pattern indicates a high reward-to-risk opportunity for traders who patiently wait for the breakout confirmation. Watch for strong volume and momentum during the breakout phase, as these are critical indicators of strength. Stay focused, trust your analysis, and remember that consistency and discipline are the keys to long-term trading success.
AB=CD completed in Oil 4hr Was bullish at C and the take profit objective was reached at D. The CD leg is a 1.618 extension of the AB leg.
Looking for a sell if the top Gann resistance holds, target will be at least a 38.2% retracement of the bullish swing.
Looking for a coiling pattern to validate a buy when Gann resistance is broken to continue bullish move up.
Always Trade What You See and practice good money management...🍻
USOIL 🛢️ WTI Crude Oil (USOIL) 1H Chart Analysis
Price is consolidating around key demand zones at $7,261.5 and $7,270.2, showing potential for a bullish bounce. A break above $7,353.3–$7,364.8 could confirm upward momentum.
🛠️ Plan:
Bullish Bias: Buy near the demand zones with targets at $7,353.3 and $7,364.8.
Bearish Scenario: A break below $7,261.5 may indicate further downside pressure.
Monitor for price action and confirmation signals!
💎 FXFOREVER – Turning market opportunities into profits.
USOIL - looking bullish in daily chartHello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest trading strategy on what we see price movement on the chart. A key part of my discipline is always setting a Stop Loss when opening a trading position, which ensures every trading is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
