SPOTCRUDE trade ideas
SHORT OIL Break of support and retest**Oil Sell Setup:**
1. **Entry:**
- Sell at rejection of 0.50 daily Fib + 20 MA confluence
- Wait for bearish confirmation candle
2. **Stop Loss:**
- Place above recent swing high
3. **Take Profit:**
- Target 1: Recent swing low
- Target 2: Previous major swing low
- Target 3: Major support level from higher timeframe
4. **Confirmations:
- Rejection candles at confluence zone
- Failed attempts to close above 20 MA
5. **Management:**
- Scale out at targets
- Move stop to breakeven at first target
USOILThis chart for WTI Crude Oil presents a bullish continuation setup following a rebound from the support level around 61.50. After breaking above a minor consolidation range, price is now retracing slightly before potentially continuing its upward movement.
The chart highlights a target at63.95, just below the upper resistance zone, which previously acted as a strong supply area.
Technical Breakdown:
- Support Level: Firm bounce near 61.50, confirming demand.
- Minor Breakout: Price broke above local structure and retesting for continuation.
- Resistance Zone: Located near64.00, target aligns with historical supply.
- Next Target: 63.95
Volume spikes during the bounce suggest strong buyer interest. A clean break and hold above 63.00 could open the path toward the $63.95 target. Traders may look for bullish price action confirmation for entry.
USOIL – Wedge Whisper Turned Rejection Roar
Crude just whispered its next move — and it’s not looking bullish.
After a clean rising wedge breakdown, price is now retesting the underside of the structure, right inside a high-volume supply zone (62.75 - 64.50). This zone screams rejection, especially with that wick-heavy rejection candle teasing a deeper move.
This setup aligns with classic market psychology — buyers trapped at the top, smart money looking for that short squeeze to the downside.
Short Bias Activated
Sell Zone: 62.75 - 64.50
Target: 54.25
Invalidation: Break and close above 64.60
If this plays out, it’s a straight-up slide to the next major demand zone. Eyes on volume and rejection confirmations!
Crude Oil Hits a Ceiling — Will This Confluence Break or Bounce?Price tapped the 65.2 resistance zone (yellow line) and immediately pulled back — showing some hesitation around that confluence of resistance (horizontal + trendline).
This zone has acted as a ceiling before, and now it's back in play.
What I’m Seeing:
- Clean rejection from 65.2
- A clear rising trendline still holding below
- Bearish wicks showing early signs of hesitation
- Confluence of red and green trendlines (compression forming?)
Trade Plan (Not Financial Advice):
I’m personally watching for either:
✅ A strong break above the confluence for possible long entries
❌ Or a rejection followed by confirmation for a short setup
The breakout could be clean — or it could trap bulls/lure bears… staying patient.
Levels in Play:
- Resistance: 65.2
- Support: 63.5
Possible breakdown below the green TL could shift the short-term bias
No setup, no trade.
My edge is in waiting — not chasing.
Cheers!
pClem Trades
USOIL:Continue to look for opportunities to go longCurrently, in the daily chart trend, crude oil continues to maintain a somewhat stronger oscillating trend at a low level. (👉signals👉)
The technical pattern is gradually adjusting, and the K-lines are slowly rising above the short-term moving averages, indicating that there may still be room for a continued rebound in the daily chart trend. In the 4-hour chart, the trading range is currently relatively narrow. The short-term trend is slightly weaker, but the adjustment space is likely to be limited. In terms of trading operations, consider the opportunity to open long positions near the range of 62 to 62.5.
Trading Strategy:
buy@62.5-62.8
TP:64-64.5
The signals resulted in continuous profits, and accurate signals were shared daily.
👇 signals👇
Crude oil trend will remain volatile and upwardOn Tuesday, crude oil prices rose slightly, mainly driven by investors' short - covering. WTI crude oil rose to a maximum of $64.05 per barrel.👉👉👉
Currently, the oil price is in a fragile rebound stage, which is supported more by short - term technical factors rather than fundamental improvements. Trade concerns and policy uncertainties are continuously undermining market confidence.
Trading recommendations mainly focus on going long on pullbacks and shorting on rebounds as a supplement. In the short term, pay attention to the resistance level of 64.3-64.8 above, and the support level of 62.0-61.5 below.
Oil trading strategy:
buy @ 62.00-62.30
sl 61.10
tp 63.20-63.60
Set necessary SL orders to control trading risks!
MAY 1-1-1 TRADING CHALLENGEI’ve been thinking about how messy trading can get.
One day you're watching a video on scalping, the next you're trying to swing trade five different pairs. Then before you know it, your screen is cluttered with a million indicators, your confidence is shot, and your results? Even worse.
So for the month of May, I’m doing something different.
I’m calling it the 1-1-1 Challenge
1 Mentor. 1 Instrument. 1 Setup.
For me, that means:
- I’m sticking with Tori as my mentor. No other videos, no mixed signals.
- I’m focusing only on Crude Oil. That’s my chart, my market.
- And I’m trading only Trendline Breaks. Clean and simple.
That’s it. Pure focus. Pure discipline.
Let’s see what happens when I stop trying to trade everything — and start mastering one thing.
If you’ve been feeling the same kind of overwhelm, maybe this challenge is for you too.
Want to join me in May?
Let’s go all in:
1 Mentor
1 Instrument
1 Setup
I'll be sharing my progress and documenting my journey here. Follow me!
USOIL Technical Analysis! SELL!
My dear followers,
This is my opinion on the USOIL next move:
The asset is approaching an important pivot point 63.68
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 61.56
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
The analysis of usoil is roughly in line with the market trendThe analysis of usoil is roughly in line with the market trend.👉👉👉
Today's trading advice: Go long in the vicinity of 62.10, set a sl at 61.70, and tp at around 63.50.
Oil trading strategy:
buy @ 62.00-62.20
sl 61.70
tp 63.20-63.60
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.
USOILCrude oil currently has a low opening and low trend in the 4-hour level, and the price has fallen below the short-term moving average. The K-line began to bear the pressure and the short-term moving average maintained a weaker oscillating trend. In the hourly level trend, after the European session, the price fell below the previous terraced support band. In the short-term trend, there is a high probability that there will be room for continued adjustment.
Operational suggestions: short near 63, stop loss 63.7, or long near 61-61.1, stop loss 60.3.
Crude Oil Stabilizes Above Key Fibonacci LevelFenzoFx—Crude Oil is consolidating after testing $63.9 resistance, trading near $62.23, supported by the 50.0% Fibonacci retracement.
While the bullish trend persists above the 50-period simple moving average, the Stochastic Oscillator shows an oversold condition, hinting at a rebound.
A bullish wave may target $64.00 if Oil holds above $62.00. However, if it dips below this level, momentum could extend down to $60.77, near the 78.6% Fibonacci retracement.
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WTI Oil H4 | Potential bullish bounceWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 62.01 which is a pullback support.
Stop loss is at 58.60 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 65.63 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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USOIL: Summary of Last Week'st and Analysis for Next WeekLast week, the crude oil market experienced (violent volatility amid the interplay of multiple factors, including concerns over supply glut, bleak demand prospects, and geopolitics. It fluctuated sharply in the game between "production increase expectations" and "geopolitical risks," but eventually closed higher supported by the escalation of sanctions on Iran and compensatory production cuts by OPEC+. The market saw significant volatility.👉👉👉
Next week, geopolitics will remain a core variable. It is recommended that investors pay close attention to the development of confrontations between the U.S. and Iran, as well as the policy trends of OPEC+. They should flexibly adjust their positions. In terms of operations, short-term trading should mainly focus on range-bound strategies, while in the medium to long term, vigilance is required against the continuous suppression of demand by a global economic recession.
Oil trading strategy:
buy @ 60.90-61.50
sl 59.50
tp 63.20-63.60
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.
Oil’s Red-Hot Crash: the Iranian Trigger? 🛢️☕ #OilisMyCoffee | 📐 #TechnicalAnalysis
The most frustrating thing is when the market follows the script, but your account is in a drawdown 😭 Corrections are sneaky 🐍 Mid-week, I leaned toward the red scenario 🔴 (see last week’s chart), but the market suddenly shifted to black ⚫️.
Now the uncertainty: How and when will the diagonal end? I see at least 3 scenarios:
🔴 Red
⚫️ Black
🔵 Blue
Waiting for a resolution ⚡️ — so I closed positions ahead of the weekend. Iran negotiations in Rome on Saturday 🤝 With moderate progress, prices might dip slightly before surging upward ahead of a reversal next week.
What will trigger a crash? No clue 🤷 But S&P500 is also eyeing a downside after consolidation 📉 Possible triggers: U.S. market events or global financial shocks dragging oil down without geopolitics.
Weekly results:
➖ -10% on the master account
➖ Oil & gas portfolio yield dropped to 103%
🔥 Sharpest weekly drop in the account’s history
⚠️ Disclaimer:
Our analysis is food for thought 💡, not trading signals 🚫📊.
Trade with a cool head ❄️, a clear plan 📝, and your own analysis 👁️🗨️.
💬 Your predictions?
🔄 Drop your analysis below ➡️: How do you assess risks and opportunities? 🎯