OIL_CRUDE trade ideas
USOIL(UPDATE)Hello friends
Given the recent price growth, you can see that the price has weakened and has caused lower ceilings and floors to form. Now the range to which we expect the price to fall has been determined, which is also an FVG gap.
*Trade safely with us*
WTIMaybe we are going to see a correctio on oil, at this stage of market it's really hard to say anything, volatility is crazy, news changing in a minute. This is only a possible idea
US OilCrude Oil
- Completed " 12345 " Impulsive Waves
- Break of Structure
- RSI - Divergence
- Exp Fiat as an corrective pattern in Short Time Frame
- Order Block
WTI - buy here or wait for 68$ My analysis of WTI in early December was good and it did wat I expected, but a stupid stop kicked me out it wave 2.
Then got the perfect entry for the short at 80.5 but didn't hold long enough...
So what to do next ? Could buy it here at the 0.236 retracement but I'd rather buy at 68.5 with a stop at 67.
Always keep in mind there is also politics involved here. Oil producers need higher prices to be profitable but on the other hand they want the price of oil to drop so Russia cannot sustain their war in Ukraine.
"WTI / U.S Crude Oil" Energy Market Heist Plan (Scalping/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "WTI / U.S Crude Oil" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe nearest or swing low or high level for pullback entries.
Stop Loss 🛑:
Thief SL placed at the Nearest / Swing low level Using the 30mins timeframe (58.000) Day trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 66.000 (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 💰.
💰💵💸🛢"WTI / U.S Crude Oil" Energy Market Heist Plan (Scalping/Day) is currently experiencing a bullishness,., driven by several key factors. 👇👇👇
📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Inventory and Storage Analysis, Seasonal Factors, Sentimental Outlook, Intermarket Analysis, Future trend targets & Overall Score... go ahead to check 👉👉👉🔗🔗
⚠️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
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
Crude Oil Holds Rebound Above $55Crude oil's sharp rebound from the $55 support—aligned with the 0.618 Fibonacci retracement of the 2020–2022 uptrend—faced immediate resistance at the long-standing support-turned-resistance zone around $63.80, established in 2021.
A decisive move above $63.80 may clear the way for further gains toward $66, $68, $69.60, and ultimately $73. On the downside, a drop below $58 would bring $55 back into focus.
A clean break below that level could trigger further downside toward $49 per barrel, which aligns with the lower boundary of crude oil's long-term uptrend.
With global powers competing for oil, key events this week include:
🔹 OPEC report amid tariffs and efforts to regain market share
🔹 US–China trade talks
🔹 Chinese GDP, IP, Retail Sales (Wed)
Written by Razan Hilal, CMT
Remove Impulsiveness by planning your trade!! BUY OIL All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
USOIL may continue to decline due to tariffsRestricted Economic Growth : The United States imposes tariffs, and other countries take countermeasures, intensifying global trade frictions and greatly increasing the risk of economic recession. NIESR predicts that if Trump imposes a 10% tariff on the world and a 60% tariff on China, the global GDP will shrink by 2% and the trade volume will decrease by 6% within five years 😕. The weak economy causes the demand for crude oil in various industries to decline, leading to a drop in the price of USOIL 📉.
Changes in Crude Oil Supply and Demand :
Demand Side: China imposes tariffs on U.S. crude oil, raising the import cost and reducing the import volume. The United States imposes tariffs on energy imports from Canada and Mexico, affecting the crude oil exports of these two countries to the U.S., reducing the demand for crude oil in the United States and putting pressure on the price of USOIL 😟.
Supply Side: After China reduces its imports of U.S. crude oil, it increases imports from other exporting countries, changing the global crude oil supply pattern and possibly strengthening the expectation of a supply surplus. The decrease in U.S. crude oil exports may lead to an increase in domestic inventory, exerting downward pressure on the price of USOIL 😣.
Influenced Market Sentiment :
The uncertainty of tariff policies and the escalation of trade frictions trigger market panic and speculation, intensifying the volatility of the crude oil market. Investors, being pessimistic, sell futures contracts, further driving down the price of USOIL 😨.
This upward movement has led to the clearing of many traders' accounts or significant losses 😫. You can follow my signals and gradually recover your losses and achieve profitability 🌟.
💰💰💰 USOIL💰💰💰
🎯 Sell@61.0 - 61.5
🎯 TP 59.0 - 58.0
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
Bullish bounce?USO/USD has bounced off the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could potentially rise from this level to our take profit.
Entry: 58.96
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Stop loss: 56.81
Why we like it:
There is a pullback support level that lines up with the 78.6% Fibonacci retracement.
Take profit: 63.23
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
oil and gold prices are divergingsince 2022, the price of oil and gold
have been diverging but they mostly
will shadow each other. Commodities
reflect the inflation of the money supply.
This is the simple reason why they move
together.
they also diverged in 2018 but then
realigned. this is a good
time to buy oil companies.
USOIL SENDS CLEAR BULLISH SIGNALS|LONG
USOIL SIGNAL
Trade Direction: long
Entry Level: 57.67
Target Level: 66.44
Stop Loss: 51.82
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
USOIL Oil – April 10, 2025
Price Action & Trend Analysis:
- Current Market Position:
- WTI Crude Oil is showing a bearish trend within a falling wedge pattern, a technical formation that often signals a potential breakout after consolidation. This pattern is visible with converging trendlines (blue), which suggest a potential move to the downside.
- The resistance zone is marked at 61.50, and the price is struggling to break above this level. If it does not break out of this level, further downside momentum may be expected.
Key Levels:
1. Resistance Zone:
- The resistance level is clearly marked near 61.50, and price action has repeatedly struggled to move above this level, showing signs of rejection. A failure to break this l…
ChatGPT: 4. FVG (Fair Value Gap):
- There is a Fair Value Gap (FVG) near 58.12, which indicates a possible area of imbalance where price could potentially retrace to fill the gap before moving in its next direction.
Volume Analysis:
- The volume profile indicates decreasing volume as the price approaches the resistance zone at 61.50, which may suggest a weakening of bullish momentum.
- The increasing volume near the support level at 58.00 suggests that buyers are looking to step in at these levels, but this remains to be seen as the price moves toward this region.
Key Observations:
- The bearish divergence observed between price and momentum suggests that bearish pressure is mounting, especially with the price failing to breach resistance and forming lower highs.
- T
WTI OIL Buy opportunity or more meltdown coming?WTI Oil (USOIL) has been trading within a long-term Channel Down since the September 25 2023 High and the recent Trade War sell-off helped the price drop towards the pattern's bottom (Lower Lows trend-line) much quicker.
Technically this has been a 1W MA50 (blue trend-line) rejection, previously a Lower High rejection on the 1W MA200 (orange trend-line). Notice how the 1W RSI has also been trading within a Channel Down of its own, with the indicator near its bottom as well.
Being more than -31% down (more than the -29% of the first Bearish Leg), we can technically claim that this is a solid level for a medium-term buy again. The previous Bullish Leg marginally exceeded the 0.618 Fibonacci retracement level before the Lower High. As a result, our new Target is $70.00.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
OIL PULLBACK 58-59 Then go up to 75-80OIL PULLBACK 58-59 Then go up to 75-80. Buy limit 58-59 sl 56.5 tp75-80
CRUDE OIL (WTI): Important Support Clusters to Watch
On a today's live stream, we discussed potentially significant
historic supports on WTI Crude Oil to watch.
Support 1: 57.0 - 59.0 area
Support 2: 52.5 - 54.6 area
Support 3: 48.8 - 50.4 area
Support 4: 40.6 - 43.7 area
The price is currently testing a lower boundary of Support 1.
It perfectly matches with a completion point of a harmonic ABCD pattern.
It looks like we may see some pullback soon.
❤️Please, support my work with like, thank you!❤️
WTI - Will Iran return to the group of oil producers?!WTI oil is below the EMA200 and EMA50 on the 4-hour timeframe and is moving in its medium-term descending channel. If the correction towards the supply zone continues, the next oil selling opportunity with a suitable reward for risk will be provided for us. In this direction, with confirmation, we can look for oil buying transactions.
The U.S. Energy Information Administration (EIA), in its latest report, has downgraded its forecasts for oil and natural gas production, consumption, and prices for 2025 and 2026, while warning about the uncertain outlook of the energy market amidst economic volatility and escalating trade tensions.
According to the updated estimates, U.S. crude oil production in 2025 is expected to reach 13.51 million barrels per day, down from the previous forecast of 13.61 million barrels. For 2026, the figure has been revised to 13.56 million barrels per day, a reduction from the earlier 13.76 million forecast. Monthly data shows average U.S. oil output stood at 13.44 million barrels per day in April and 13.55 million in March, with similar levels expected in May.
Globally, EIA projects oil production in 2025 to be around 104.1 million barrels per day, slightly down from the earlier estimate of 104.2 million. For 2026, the revised figure stands at 105.3 million barrels per day compared to the previous 105.8 million.
On the demand side, global oil consumption forecasts have also been reduced. In 2025, demand is now estimated at 103.6 million barrels per day instead of 104.1 million, and for 2026 it is projected at 104.7 million barrels per day, down from the prior estimate of 105.3 million.
Regarding natural gas, the EIA reports that average U.S. gas production in April will be around 115 billion cubic feet per day, slightly lower than the 115.3 billion cubic feet reported in March. May’s forecast stands at 115.4 billion cubic feet. Demand has also dipped, with estimates for 2025 now at 91.2 billion cubic feet per day (down from 92), and for 2026 at 90.5 billion (previously 91.1).
In terms of pricing, EIA has made significant downward revisions. The average price of West Texas Intermediate (WTI) crude oil is now forecast to be $63.88 per barrel in 2025, compared to the earlier $70.68. For 2026, this drops further to $57.48. Brent crude is now estimated at $67.87 for 2025 and $61.48 for 2026, both notably lower than prior projections.
One key highlight from the report is EIA’s warning about high volatility in major commodity prices, especially crude oil. The agency underlined that reciprocal tariffs between China and the U.S. could heavily impact markets, particularly the propane sector.
EIA noted that U.S. liquefied natural gas (LNG) exports are likely to remain resilient despite trade disputes. This is attributed to strong global demand and the flexible nature of U.S. export contracts, which allow unrestricted shipments to multiple destinations.
However, when it comes to oil and petroleum products, the agency maintained a more cautious tone, emphasizing that recent shifts in global trade policies and oil production patterns may slow the growth of demand for petroleum-based products through 2026.
Altogether, the downward revisions by the EIA carry a clear message: the energy market outlook over the coming years is fraught with uncertainty. From supply and demand to pricing, political and economic forces such as trade wars and potential global recessions are expected to play decisive roles.
Meanwhile, according to Reuters, after U.S. President Donald Trump once again threatened military action if Tehran refuses to agree to a nuclear deal, a senior Iranian official responded by warning that Iran may halt its cooperation with the U.N.’s nuclear watchdog.
Reports indicate that American and Iranian diplomats will meet in Oman on Saturday to begin talks on Tehran’s nuclear program. Trump stated that he would have the final say on whether the negotiations are failing, which could place Iran in a highly dangerous position.
Ali Shamkhani, a senior adviser to Iran’s Supreme Leader, posted on X (formerly Twitter) that ongoing foreign threats and the looming threat of military confrontation could lead to deterrent actions such as expelling International Atomic Energy Agency (IAEA) inspectors and cutting ties with the agency.He also mentioned that relocating enriched uranium to secure, undisclosed locations within Iran may be under consideration
Bears to scoop the Oil all the way to the 42.00 zone U.S. oil prices have extended their losses this Wednesday, plunging by more than 6% after China just announced it has raised tariff trade duty on goods from the United States from 34% to 84% starting 10th April in response to US President Donald Trump's tariffs, including a cumulative levy rate of 104% on Chinese imports. Traders are now remaining wary of investing amid United States President Donald Trump's tariffs on other countries and specific imports, despite the continued turmoil in the Middle East,
That being said I'm with the bears on this one
sell @after retest @60.00
1st Tp @42.00
Crude oil is in big trouble...no quarterly closes below 67$
THIS MUST HOLD
recession 2001
recession 2008
recession?
WTI Crude Oil | Potential Cup Formation with Volume Support.I’m spotting a potential Cup formation on the 30-min chart of WTI Crude Oil (USOILSPC), backed by strong volume profile zones. The price has recently pulled back to a low-volume area and is now consolidating with higher lows forming the right side of the cup.
A break above the $60.60–$60.80 zone could trigger bullish continuation toward $64+, with strong support seen around the $59–$59.30 range (volume shelf).
Setup Details:
• Pattern: Cup (early stage)
• Entry idea: Break & retest above $60.60
• TP: $64.00
• SL: Below $58.90
• Volume profile confirms accumulation near the lows
Watching closely for confirmation before adding more size. This is part of a low-risk entry using a funded account model.
#CrudeOil #WTI #VolumeProfile #CupFormation #BreakoutTrade #SmartMoneyConcepts
US OilCrude Oil
- Falling Wedge as an corrective pattern in Short Time Frame
- Break of Structure
- S / R Level
- Completed " 12345 " Impulsive Waves and " A " Corrective Waves
- Demand Zone
US OIL SHORT RESULT Crude oil price action moved exactly in our Prediction and even Better.
Currently the price is in a new Bullish trend due to the FOMC news, but we'll watch it to see if it holds and it's authenticity before Opening new trades to ensure it's not just hype or manipulation.
