OIL_CRUDE trade ideas
2 Tale of Commodities: US Crude $USOIL and $COPPERUS Crude Oil is stuck in a long consolidation pattern with the price stuck between 85 $ and 65 $. With Crude Oil unable to break the sideways consolidation pattern Dr Copper is making new highs in a recent month. On the weekly price chart of the world’s most traded commodity i.e. Crude Oil where we see a consolidation for more than 12 months. With new US administration the Crude output is estimated to go up, which will put downward pressure on the Crude Prices $USOIL. TVC:USOIL prices will most probably remain range bound within the 0.612 and 0.5 Fib retracement levels with prices ranging between 80 $ and 65 $.
But we see the prices of Dr. Copper remain in a bullish trend over the last 5 years. At a Macroeconomic level CAPITALCOM:COPPER prices are a leading indicator of the strength of the economy. With Stock market index making new highs across markets CSEMA:S&P , IG:NASDAQ , TVC:DEU40 and macro economy doing well, CAPITALCOM:COPPER prices are expected to remain strong.
So Long CAPITALCOM:COPPER , neutral $USOIL.
USOIL Potential UpsidesHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 68.80 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 68.80 support and resistance area.
Trade safe, Joe.
WTIhello trader, today the price drop back to main support and we see 4hr bullish candle.. the price will likely reverse but regardless use proper risk management as suggested on the chart... the target level is the resistances as shown.. the price will likely make higher highs based on trend changing...
good luck..
USOIL Will Go Lower! Sell!
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 on a crucial zone of supply 73.038.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 70.781 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
WTICOUSD LONG TERM PREDICITIONBasically, this setup is from a monthly timeframe. I usually look for the trend first before entering. So, my analysis indicates a long-term buy, with many strong resistance levels that make it difficult for the price to break through. That’s all, thank you, let the market take its time to rise. :) TYOR (trust your own research/risk).
Buy Opportunity📢 WTI Crude Oil (USOIL) Trade Signal - Long Setup 🚀
📈 BUY WTI Crude Oil @ 70.79
🎯 Target: 75.12 (+6.11%)
🛑 Stop Loss: 69.74 (-1.41%)
⚖️ Risk/Reward Ratio: 4.41
⏳ Estimated Duration: 6 Days 4 Hours
🔹 Analysis:
Support Zones: 70.37 → 69.74 → 66.59
Resistance Zones: 72.26 → 73.31 → 75.13
Volume Profile: Strong demand at 70.00 region
Price Rejection at Support with Bullish Potential
📊 Trade Rationale:
Price reacting at key support level, potential bullish reversal
High risk/reward setup (4.41) makes this trade attractive
Short-term bullish momentum targeting 75.12
🚨 Caution: If price breaks below 69.74, consider invalidation of the setup.
USOIL USOIL is showing a potential sell opportunity following a breakout of the upward trend on the 30-minute timeframe. This signals a possible shift in momentum toward the downside.
Trade Setup:
🔻 Sell Entry Zone: 73.000 – 73.300
🔻 Resistance Level: 73.700 (Key level to watch for invalidation)
Target Levels:
✅ Target 1: 72.300
✅ Target 2: 71.670
✅ Target 3: 70.780
If price respects the resistance zone and fails to break above 73.700, we could see a continuation to the downside toward the listed targets. Confirmation from price action will strengthen the setup before executing trades.
USOIL NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER
Stop lost before pattern
R/R %1/%3
Trade in 5 Min Timeframe, use signals for scalping
USOIL ..in the 1hr time-frame usoil was berish but late in the day there was a swift CHOCH to the upside in the 1hr time-frame. Expert a temporary bullish move. The move is temporary given that daily supply zone lies above the price.
WTI Crude Oil (USOIL) Daily Chart AnalysisCurrent Price: $71.16 (-2.70%)
Timeframe: Daily (1D)
1. Trend Analysis (Bearish Bias)
The price is in a downtrend, as shown by the descending green trendline.
Lower highs and lower lows indicate continued bearish momentum.
The price recently rejected the upper trendline, reinforcing the downtrend.
2. Key Support and Resistance Levels
Resistance Zone: $72.50 - $73.00 (Previous structure resistance).
Minor Support: Around $70.00.
Major Support Zone: $65.00 - $66.00 (Highlighted pink area).
3. Price Action & Market Structure
The recent price action shows rejection from resistance and a bearish engulfing candle, signaling more downside pressure.
A break below $70.00 could confirm further selling toward the $65.00-$66.00 support.
If the price bounces at $65.00, it could trigger a reversal or consolidation.
4. Trading Strategy
Bearish Setup:
Short below $70.00 with a target of $65.50-$66.00.
Stop-loss around $72.50 (previous resistance).
Bullish Reversal:
If price breaks above $73.00, consider a long position with a target of $75.00-$77.00.
Conclusion
The market is in a clear downtrend, and the price is approaching a key support area. A breakdown below $70.00 could lead to further downside, while a strong bounce from $65.00 may provide a bullish reversal opportunity.
Would you like additional indicators like RSI, MACD, or volume analysis?
Oil RetreatsOil prices experienced a significant decline after three consecutive days of gains. West Texas Intermediate (WTI) recorded its biggest drop since January, falling approximately 2.5%, partially affected by the latest report from the U.S. Energy Information Administration (EIA). The report revealed an unexpected increase in U.S. crude inventories of 4.1 million barrels, bringing stockpiles to 427.9 million barrels. This buildup comes immediately after last week’s report showed the largest inventory surge since February 2024, with an additional 8.6 million barrels.
These figures suggest that supply is outpacing demand in the short term, exerting downward pressure on prices. Meanwhile, the decrease in gasoline inventories—down by 3.0 million barrels—and distillate products has provided slight support to the market, partially offsetting the negative effect of rising crude stockpiles. However, there was also a sharp drop in oil imports, which fell to 6.3 million barrels per day, down 606,000 from the previous week. If this trend continues, oil-exporting countries like Colombia could face challenges due to weaker external demand.
Beyond supply and demand dynamics, the inflationary outlook in the U.S. has also influenced market sentiment. Higher-than-expected inflation data reinforce expectations of a more aggressive stance from the Federal Reserve, which could keep borrowing costs elevated and put additional pressure on dollar-denominated commodities. Additionally, recent remarks from President Donald Trump regarding a potential negotiation with Russia to end the war in Ukraine have fueled speculation about a possible easing of restrictions on Russian oil producers. If this materializes, it would reduce supply risks from Russia and contribute to bearish pressure on crude prices.
In the medium term, the EIA raised its U.S. crude oil production estimate for 2025 to 13.59 million barrels per day, adding another supply-side factor. In this context, oil prices remain under pressure, reflecting a mix of geopolitical developments, monetary policy adjustments, and growing signs of oversupply in the market.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
USOIL 1H Analysis: Bullish Breakout or Reversal?📊 WTI Crude Oil (USOIL) 1H Chart Analysis 🛢️🚀
Current Market Status
Open: 73.33
High: 73.36
Low: 73.25
Close: 73.26 (-0.11%) 🔻
200 EMA: 72.40
Key Observations
✅ Strong Uptrend 📈
Price is trading above the 200 EMA (red line), indicating bullish momentum.
Recent candles show higher highs and higher lows, confirming upward movement.
✅ Consolidation Zone 📊
Price is currently in a range (orange box), suggesting a potential breakout.
Market is forming small candles, indicating indecision before a bigger move.
✅ Projected Breakout 🚀
The chart shows an anticipated bullish breakout above $74.00 - $74.85 target area (gray box).
If the price breaks above resistance, it may rally towards the next psychological level $75.00+.
❌ Risk Zone (Stop Loss Area) ⚠️
Support zone (bottom of the orange box) at $72.78 - $73.15.
If price breaks below this level, a bearish reversal could happen.
Trading Outlook
💡 Bullish Bias 📈: Look for a breakout above $73.50 - $74.00 for a long entry.
⚠️ Bearish Reversal Risk: A break below $72.78 may invalidate the bullish setup.
🔥 Potential Move:
🚀 Upside Target: $74.85 - $75.00+
🛑 Stop Loss: Below $72.78
WTI OIL Weak price action on the medium-term.WTI Oil (USOIL) is extending the Bearish Leg of the Triangle pattern after the recent January 13 rejection on the 1W MA200 (orange trend-line). Until the 1W RSI turns bearish again, and more importantly the Support Zone gets hit, we expect this bearish trend to be extended.
The strongest Demand Level for the past 2 years has been this Support Zone, so our medium-term Target is on its top at $68.00.
-------------------------------------------------------------------------------
** 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.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USOIL ANALYSISWaiting for certain confirmations but my overall bias is bullish for USOIL. Looking for buys between 2 zones>> 72.00 and 71.500. Lets wait and see.
US oil consolidation breakdown alert trend Sell continue channel📉 USOIL Price Forecast – Channel Downtrend & Breakout Alert! 🚨
🔹 Market Overview:
USOIL remains in a channel downtrend, with a bullish retest at $70.00 - $70.60 before continuing its downward move. After a sideways consolidation, the market broke down with a strong bearish candle, signaling further downside potential.
🔹 Key Levels to Watch:
✅ Retest Zone: $70.00 - $70.60
✅ Sell Entry: $68.80
✅ Target: $68.00 → $67.00
📌 Trading Strategy & Risk Management:
✔ Follow the trend – momentum favors sellers
✔ Protect your capital – control stop loss
✔ Stick to the trading plan
📢 Stay updated with real-time market insights, VIP trade setups & profitable strategies!
💬 Like, Comment & Follow for more expert analysis! Let’s win together! 🚀
Go long crude oilDear Traders,
Currently, crude oil continues its downward trend, though the pace of its decline has moderated, showing signs of bottoming out. Moreover, oil has now pulled back to the critical support zone around the 68 level. Should oil fail to decisively break below this support, a technical rebound could occur at any moment. Additionally, with oil’s relatively low valuation, it becomes increasingly attractive in the market.
For short-term trades, I favor initiating long positions on crude oil, with an initial target of a rebound toward the 69.5-70.5 zone, which seems well within reach.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
CRUDE OIL : Bearish due to Double Top formation
DOUBLE TOP PATTERN -
Crude oil has recently formed a double top pattern on daily chart and has broken down from it indicating bearish momentum for the commodity
SUPPORT-RESISTANCE ZONE BREAKDOWN -
crude oil has recently broken down from a strong support-resistance zone with strong red candlestick indicating strong bearish confirmation
PROFIT TARGET -
level is at 68.16
WTI INTRADAY fears of slower energy demandEIA Crude Oil Inventories due in 3 hours, (15.30 GMT). A forecast is for 2.4M, the previous figure was 4.63M. The WTI Crude (US Light Crude) price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 7060, the 13th February swing low level. An oversold rally from the current levels and a bearish rejection from the 7060 level could target the downside support at 6850 followed by 6800 and 6715 levels over the longer timeframe.
Alternatively, a confirmed breakout above 7060 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 7145 resistance followed by 7194 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
USOIL IS ON SUPPORT ZONE?Currently Usoil is in support zone we will see pump from this levels that i mentioned in chart so be carefull with your trades and avoid short usoil becouse Usoil is on support.
Crude Oil Technical Outlook: Range Breakdown & Next Targets🔹Key Observations:
1. Range Formation & Breakout:
- The price was consolidating within a range (highlighted in the pink box).
- A range breakout trading setup is identified.
- The price has broken below the range support, signaling potential downside momentum.
2. Breakout Confirmation:
- The price has moved below a key support area (marked in blue).
- The breakdown indicates a potential continuation of the downtrend.
3. Downside Targets:
- 1st Target: $68.00 (first green line).
- 2nd Target: $67.05 (second green line).
- If the price sustains below the breakout level, these targets could be reached.
4. Volume Analysis:
- The volume bar at the bottom suggests increased selling pressure.
- The breakout occurred with notable volume, which confirms bearish sentiment.
▪️Technical Outlook:
- Bearish Bias: The chart suggests a bearish move with downside targets aligned at $68.00 and $67.05.
- Watch for Retest: If the price pulls back toward the breakout zone, it may confirm the breakdown before further decline.
- Invalidation Level: A strong recovery back above the blue support zone could invalidate the bearish setup.
😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
WTI crude oil Wave Analysis – 25 February 2025
- WTI crude oil broke support zone
- Likely to fall to support level 67.00
WTI crude oil recently broke the support zone between the round support level 70.00 (which reversed the price multiple times from the start of February), the support trendline from September and the 61.8% Fibonacci correction of the upward impulse from September.
The breakout of this support zone accelerated the active short-term correction ii of the intermediate upward impulse sequence (3) from September.
WTI crude oil can be expected to fall further to the next support level 67.00 (former monthly low from December).
WTI on high time frame
"Hello traders, focusing on WTI, the price has hit the daily order block at $73.5 and experienced a strong rejection on the 4-hour chart. The price has broken below the trend line and is indicating potential downward movement during the Asian session today. It's important to note that there is a CPI news release during the U.S. session today, so exercise caution in your trading decisions."
If you have any specific questions or need further assistance with your message, feel free to ask!
