USOIL MARKERT ANALYSIS AND PRICE PREDICTIONUSOIL, is currently consolidating at the over sold position, the decision will favor the Bulls, The Bulls will drive the price up to the Bearish Institutional Renegotiation Zone at 79% Premium price of 69.15. There USOIL will consolidate again and drop down in price as the Bear will take over again. Lets go long with them. Entry is now,
Take profit and Stop loss Are clearly Stated on the chat.
GOOD LUCK GUYS!
SPOTCRUDE trade ideas
Heading into 61.8% Fibonacci resistance?WTI Oil (XTI/USD) is rising towards the pivot which has been identified as a pullback resistance and could reveres to the 1st support which is a pullback support.
Pivot: 65.90
1st Support: 54.96
1st Resistance: 71.31
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WTI CRUDE OIL: Channel Down bottomed. Buy opportunity.WTI Crude Oil is heavily bearish on its 1D technical outlook (RSI = 38.039, MACD = -2.310, ADX = 38.046) as it is trading inside a Channel Down for more than 1 year. Last week's low has made a technical LL at the bottom of the pattern and the current consolidation indicates that this may be an attempt to initiate the new bullish wave. The 1D RSI recovered from being oversold previously and this potentially hints to a rebound over the 1D MA200. The last bullish wave crossed above the 0.618 Fibonacci marginally. Trade: long, TP = 71.00.
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USOIL BULLISH BREAKOUT|LONG|
✅CRUDE OIL is going up now
And the price made a bullish
Breakout of the key horizontal
Level of 63.00$ which is now
A support so we are bullish biased
And we will be expecting a
Bullish continuation until
Oil hits the horizontal
Resistance above around 65.61$
LONG🚀
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Oil - Looking To Sell Pullbacks In The Short TermH4 - Strong bearish move.
No opposite signs.
Currently it looks like a pullback is happening.
Expecting bearish continuation until the two Fibonacci resistance zones hold.
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WTI crude oil Wave Analysis – 17 April 2025
- WTI crude oil reversed from key support level 55,00
- Likely to rise to resistance level 65.00
WTI crude oil recently reversed up from the key support level 55,00 standing close to the lower daily and the weekly Bollinger Bands.
The upward reversal from this support level created the weekly Japanese candlesticks reversal pattern long-legged Doji which stopped the previous impulse waves 5 and (3).
Given the strength of the support level 55,00, WTI crude oil can be expected to rise to the next resistance level 65.00 (former multiyear support level, acting as the resistance after it was broken earlier).
Crude oil remains oscillating at a low levelCurrently, in the 4-hour level trend of crude oil, it is still under pressure around 63. The short-term moving averages are basically in a state of being glued together and flattened, indicating that it is likely to maintain a relatively oscillatory trend towards the end of the trading session.
The operation suggestions are mainly to go long at low levels after a pullback, supplemented by going short at high levels during a rebound. In the short term, pay attention to the resistance level at 63.0 - 63.50 on the upper side, and the support level at 60.2 - 60.5 on the lower side.
Oil trading strategy:
buy @ 61.10-61.40
sl 60.35
tp 62.20-61.40
If my strategy is helpful to you, please give a thumbs-up for support. If you have different opinions, you can leave your thoughts in the comments. 👉👉👉
.USOIL NEW (M30) ANALYSIS UPDATES
**USOIL M30 Trading Idea (April 16, 2025)**
**Setup Type:** Short (Sell) Setup
**Market Outlook:**
The price is currently trading around **61.76**. Based on the structure and expected movement, the chart indicates a potential bearish reversal after a short-term rally.
**Planned Strategy:**
- **Entry Point:** Around **62.28 - 62.47**
Price is expected to rise into this resistance zone. This area can be used to enter short positions.
- **Target Point:** Around **60.25 - 60.02**
This is the projected support zone where the price may find buying interest again, hence ideal for profit-taking.
**Trade Idea:**
Wait for the price to rise into the resistance zone (entry area). Look for rejection signals or bearish candlestick patterns (like a bearish engulfing, pin bar, or double top) to confirm the short entry. If confirmation appears, enter a **sell position** targeting the lower blue zone as the take-profit area.
**Key Levels:**
- **Resistance Zone (Entry Area):** 62.28 – 62.47
- **Support Zone (Target Area):** 60.25 – 60.02
**Risk Management Tip:**
Place stop-loss just above 62.50 to protect against a breakout above resistance.
USOIL Today's strategyWith the combination of oversupply, weak demand, technical factors, and geopolitical uncertainties, there is a high probability of a short-term decline in USOIL prices. Investors should closely monitor the dynamic changes.
USOIL
sell@61.5-62
tp:60.5-60
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
Bullish bounce?USO/USD has bounced off the support level which is an overlap support and could potentially rise from this level to our take profit.
Entry: 60.95
Why we like it:
There is an overlap support level.
Stop loss: 60.01
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci projection.
Take profit: 63.27
Why we like it:
There is a pullback resistance level.
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Strategic Analysis of Crude OilCurrently, in the daily trend of crude oil, it is temporarily maintaining a range-bound consolidation at a low level. After consecutive periods of oscillation, there are signs that the technical pattern is gradually being repaired. In terms of the large-scale cycle trend, it is likely that crude oil will still have some rebounds.
The short-term support below is around the level of 60.10. It is advisable to mainly go long during pullbacks and go short during rebounds as a supplement.
Oil trading strategy:
buy @ 60.30-60.50
sl 59.5
tp 61.20-61.40
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USOIL Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for USOIL below:
The price is coiling around a solid key level - 61.43
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 60.40
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
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
USOIL Today's strategyCurrently, USOIL is in a stage of a tug-of-war between bulls and bears. Fundamentally, it is being pulled in two directions by geopolitical risks and weak demand, while technically, it shows a pattern of oscillating and converging. It is recommended to focus on range trading, pay close attention to the breakthrough situation of the resistance at $62 and the support at $57, and adjust the position flexibly.
USOIL
sell@62-63
tp:60-59
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
oil and gold prices are divergingsince 2022, the price of oil and gold
have been diverging but they mostly
will shadow each other. Commodities
reflect the inflation of the money supply.
This is the simple reason why they move
together.
they also diverged in 2018 but then
realigned. this is a good
time to buy oil companies.
WTI - buy here or wait for 68$ 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.
XTIUSD Buy Setup – 15M Entry with 4H Confluence (April 11, 2025🔍 Multi-Timeframe Confluence Strategy
This trade is a bullish entry on the 15-minute chart of Crude Oil (XTIUSD), based on a confirmed bullish structure shift on the 4H timeframe. The 15M entry aligns perfectly with HTF (higher timeframe) momentum, making this a high-probability setup.
⏰ 4H Timeframe Breakdown:
Price has broken previous 4H lower highs, confirming a structure shift from bearish to bullish.
Strong bullish engulfing candles have cleared resistance levels, turning them into new support.
Market is likely to start forming higher highs and higher lows going forward.
🧠 15-Minute Entry Logic:
Entry taken after retracement into minor 15M demand zone.
Trade executed at the point of short-term liquidity sweep, followed by bullish confirmation candle.
This creates a perfect LTF entry within HTF trend direction.
📌 Trade Setup Details:
Entry Price: Around 60.40 – 60.50
Stop Loss: Below intraday structure at 58.50
Take Profit: Targeting previous resistance at 63.40
✅ Why This Setup Works:
✅ 4H Structure Shift → Higher timeframe bias is now bullish
✅ 15M Pullback Entry → Clean risk-defined entry
✅ Liquidity Sweep → Market hunted stops before reversing (classic smart money move)
✅ Clear RR Setup → High reward for controlled risk
📢 Pro Tip:
Keep monitoring oil-related fundamentals and U.S. economic data (like inventories, geopolitical tension, etc.)—they often trigger momentum in XTIUSD.
RRR (Risk-Reward): Approx. 1:3, ideal for intra-swing or scalping objectives