WTICOUSD OnlyWins99 this mini supply zone is what I see as being a resistive area that it is reacting to. Note the small FVG within it. 5 minutes until the close of 1H and 4H combined.
Oil - Crude (WTI) forum
WTICOUSD OnlyWins99 this mini supply zone is what I see as being a resistive area that it is reacting to. Note the small FVG within it. 5 minutes until the close of 1H and 4H combined.
OIL_CRUDE we are nearing yesterday’s NDOG which is acting as a resistance currently. 65.65-65.75
Rejecting it would lead to a pullback
Breaking it would lead to more upside
WTICOUSD waiting for data later. but certainly seems to be bouncing out of this Zone from crossover price from June. If you are an aggressive trader, wait for the current 1H and 4H to close at 10am GMT before looking for an entry. I remember that during this time where it last crossed over, there was news that shale producers had to cut back as oil price then was not profitable.
OIL_CRUDE The long entry I have shared yesterday @ 64.80: we are reaching our TP2 therefore I am extending TP to 67.00And SL moved to TP1 at 65.30 to protect gains. 👍🏽👍🏽 happy Wednesday
WTICOUSD this is new, worth keeping an eye. Trump's public announcements are now in the White House public schedulerollcall.com/factbase/trump/topic/calendar/
USOILSPOT It's currently in the demand zone.
WTICOUSD On the Hourly, it is now in Bullish (directional) Market Bias after crossing to the right of the Bearish Trendline (in red dotted line). The bulls also crossed through the S&R Zone to rise above it. As they rally, we'll see if there will be a retrace to retest the trendline, then back up again. The Zone may prevent a bearish retracement from happening. We'll see.
*Conservative Take Profits:
66.327 - High of Inside Day for a Breakout
66.545 - Mean Reversion Level
SPOTCRUDE WTI Cash 4H – Smart Money Reversal from Oversold Zone🎯 Trading Strategy
✅ Buy Setup
Entry: 66.10
TP1: 70.66 (≈ +45.6 pips)
TP2: 72.23 (≈ +61.3 pips)
SL: 64.80 (≈ -13.0 pips)
Rationale: Oversold RSI, MACD flattening, FVG support, and volume node confluence.
❌ Sell Setup (if invalidation occurs)
Entry: Below 64.80
TP1: 62.50
TP2: 60.00
SL: 66.10
Rationale: Break of FVG and liquidity zone confirms bearish continuation
WTICOUSDOn the 4-Hour that is in Bearish (directional) Market Bias, a new S&R Zone formed that the bulls are rising from. This may block any moves to the downside.
*Conservative Take Profits:
66.329 - High of Inside Day for a Breakout
66.791 - Start of S&R Zone
67.103 - Mean Reversion
USOIL The EIA crude oil inventory data is scheduled for release today and is expected to have a significant impact on USOIL prices. Based on the previously released API report, there’s a high probability that the EIA data will also be bullish.
From a technical perspective, USOIL is currently showing signs of a potential rebound. Therefore, for traders participating in USOIL today, it may be more favorable to adopt a bullish bias. If managed well around key support levels and timing, the setup could offer attractive profit opportunities.