XTI/USD (WTI Oil) For Bullishyou can go long now
or
wait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
SPOTCRUDE trade ideas
Oil UpdateOil Update
We have this chart from the beginning of January on our page
The targeted decline was achieved as we expected before by also rising from the 67 areas to the 80 areas
Now we see the achievement of the downside targets as well
We will update again about the expected rise but we can say that these are good areas and we have to be patient until the above expected targets are achieved, the 73 areas
OIL Today's strategyYesterday, prices were affected by tightening expectations on the supply side, geopolitics and other factors, and the trend was strong, breaking through $69.
Today, it is fluctuating above $69, and another wave of gains is expected. At the same time, we need to pay close attention to the situation in the $68.5-69.5 area and adjust it at any time
usoil buy@68.3-68.7
tp:69.5-70
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Technical Analysis for WTI Crude Oil (Daily Chart)Current Price Action
WTI crude oil is trading at $70.51, showing a recovery from the Liquidity Pool zone near the $66.00–$67.00 range. The price has approached a key resistance level around $71.00, which aligns with a previous area of rejection in February 2025. The chart suggests a potential pullback from this resistance level, as indicated by the projected downward arrow.
Support Levels:
$66.00–$67.00: This zone represents a significant liquidity pool where buyers have consistently stepped in, leading to a reversal in price.
$65.00: A psychological support level and the lower boundary of the liquidity pool.
Resistance Levels:
$71.00: A critical resistance level that has acted as a ceiling for price action in recent months.
$73.00: The next major resistance level if the price breaks above $71.00.
Volume Profile Analysis
The Volume Profile on the right side of the chart shows significant trading activity between $70.00 and $71.00, indicating strong resistance in this area. Above $71.00, the volume thins out, suggesting that a breakout could lead to a rapid move toward $73.00.
Indicators and Momentum
Trend: The price is recovering from a bearish trend but remains below the highs of $80.00 seen earlier in the chart. The current move appears to be a retracement within a broader downtrend.
Potential Pullback: The projected arrow on the chart suggests a possible rejection at $71.00, with a pullback toward the $68.00–$69.00 range.
Market Sentiment
The chart reflects cautious optimism, with buyers stepping in at lower levels but facing strong resistance at $71.00. A breakout above this level could signal a shift in sentiment, while a rejection would confirm the continuation of the bearish trend.
Conclusion
WTI crude oil is at a critical juncture, testing the $71.00 resistance level. Traders should watch for a breakout above $71.00, which could target $73.00 and higher. Conversely, a rejection at this level may lead to a pullback toward the $68.00–$67.00 support zone. The liquidity pool near $66.00 remains a key area for buyers to defend in the event of further downside.
Oil will increase to reach 71 dollarWe can assume this Safe Zone won’t break out from the bottom, so let's trade accordingly.
CRUDE OIL Will Go Up After Pullback! Buy!
Hello,Traders!
CRUDE OIL is trading in a
Local uptrend and the price
Made a strong bullish breakout
Of the key horizontal level
Of 68.40$ so after a pullback
And a retest of the new support
We will be expecting a further
Bullish move up
Buy!
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USOil：Wait for rebound to shortThe market movement on Friday was not significant. The intraday high was reached at the opening in the morning, hitting a peak of $68.65, while the low was at $67.65. The maximum intraday fluctuation was just $1, and the price trend showed a shallow V - shape. Considering that Trump is bound to end the Russia - Ukraine conflict over the weekend, crude oil will likely remain bearish in the short term. Therefore, today's market is generally expected to rise first and then decline under pressure again.
USOIL Trading Strategy:
Sell@68.5-69
TP:67-66
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#USOIL - #Crudeoil - Buying @ CMP 68 for Target 68.5-69- 70-73+#USOIL - #Crudeoil - Buying @ CMP 68 for Target 68.5-69- 70-73+
SL 67.5
#Swing Trade - #hourly Trade - #Cup and handle Breakout
Holding Period 2-3 weeks
or
Target or SL
USOIL - Bullish Ideathis commodity is in down trend for some time.
Currently it have broken it trndline on 4H TF.
Bullish Divergence along with double bottom chart pattern.
XTIUSD (WTI Crude Oil) – Market Analysis (23rd March 2025)XTIUSD (WTI Crude Oil)
Timeframe: 4H
1. Mak Method
Price recently broke above the descending trendline, indicating a potential bullish shift.
Key 369 Level: Price is hovering around $68.61, aligning with my levels.
If price maintains above $67.50, we could see continued bullish movement.
2. Fibonacci, Gann Levels & Elliott Wave
Fibonacci Retracement:
61.8% level at $72.50, making it a critical upside target.
Gann Levels:
Major support at $66.00, which aligns with institutional buying zones.
Elliott Wave Count:
Potential Wave 3 underway, with a break above $70 confirming bullish momentum.
3. Key Technical Levels (Support & Resistance)
Support Levels:
$67.50 - $66.00 → Strong demand zone, potential bullish retest.
$61.50 - $60.00 → Major institutional support (if breakdown occurs).
Resistance Levels:
$69.50 - $70.00 → Short-term resistance, possible liquidity grab.
$72.50 - $75.00 → Next bullish target, aligning with Fibonacci & order blocks.
4. Probable Scenarios with Probability %
Scenario Probability
Bullish Breakout: Retest of $67.50, then continuation to $70-$72.50. 65%
Fake Breakout & Rejection: Price rejects $69.50 and retraces to $66.00. 25%
Bearish Breakdown: Failure to hold $66.00, leading to a drop to $61.50-$60.00. 10%
5. Conclusion & Trading Strategy
Bias: Bullish above $67.50, bearish below $66.00.
Entry Areas:
Long Entry → Retest of $67.50 with confirmation.
Short Entry → Breakdown below $66.00, targeting $61.50.
Stop Loss:
Long trades → Below $65.80.
Short trades → Above $70.50.
Final Thoughts:
Watch for false breakouts at $69.50 before confirming bullish moves.
If price consolidates above $68.50 - $69.00, we could see a rally toward $72.50 - $75.00.
Volume Confirmation: Institutional buying at $67.50 could trigger a strong bullish move.
USOIL: Go short next weekThis week, we went long on USOIL at $66 and it has reached the target area around $68.5. I predict that it will start to decline next week, so you can start shorting. Currently, all signals are accurate.
Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
USOIL Market Analysis and Tactical InsightsCurrently, USOIL is trading around $67 per barrel.
On the supply side, while OPEC+ plans to increase production, ongoing geopolitical tensions in the Middle East are adding supply uncertainties.
On the demand side, U.S. fuel demand remains resilient, but the subdued global economic outlook may limit crude oil demand growth.
Technically, the daily chart shows moving averages in a bearish alignment, though the short - term RSI suggests relative market strength.
If the price rebounds and faces resistance near $67.9, consider a light short with a target of $66.
If the price stabilizes around $66, a long could be considered, with a target of $67.
USOIL Trading Strategy
sell@67.5-68
tp:66
buy@66
tp:67
I will share trading signals daily. All signals have been consistently accurate for an entire month. If you need them, you can check my profile for more information.
US Oil Short SetupWTI has been bearish since last week, to me.
here, i waited for that OB to hit for me to get a nice confirmation and here it is!
let's gooo!
WTI Crude Oversold bounce back consolidationThe WTI Crude Oil price action exhibits a bearish sentiment, driven by the prevailing downtrend. The recent price movement appears to be an oversold bounce back, forming a bearish sideways consolidation pattern. This indicates that the bears remain in control, with limited buying interest observed despite the temporary upward correction.
Key Level (69.52):
The critical trading level to watch is at 69.52, which marks the previous intraday consolidation zone. An oversold rally approaching this level could face bearish rejection, reinforcing the downtrend. A failure to break above this zone would likely prompt a continuation of the downside movement.
Support Levels:
If the bearish sentiment prevails and the price is rejected from the 69.52 level, the downside targets include:
67.00 - Immediate support level.
65.73 - Secondary support.
64.23 - Long-term support level.
Bullish Scenario:
On the flip side, a confirmed breakout above the 69.52 resistance level, followed by a daily close above it, would negate the bearish outlook. This breakout could trigger further upward momentum, targeting:
70.42 - Initial resistance post-breakout.
71.02 - Subsequent resistance level.
Conclusion:
While the overall trend remains bearish, an oversold bounce could temporarily push prices higher toward the 69.52 resistance level. Traders should watch for potential rejection or a confirmed breakout at this level to gauge the next directional move. A failure to break above 69.52 would favor bearish continuation, while a breakout and daily close above would open the door for further bullish rallies.
Crude oil can break the neckline of current formationCrude oil has developed the upswing having hit the neckline of cup-and-handle formation. Currently, the price action is muted, but should the price come to test this area again, it might develop the upswing with a target of $70, as it is still considered a fair price from a supply/demand point of view.
OPEC+ has announced plans for several member countries to reduce output by between 189,000 and 435,000 barrels per day until June 2026 to address previous overproduction and tighten supply, so that’s a bullish factor.
Demand from China has slightly decreased, but the situation looks balanced for now and technical factor would probably dominate the action.
US OIL LONG RESULT Cruse oil price has been choppy and moving randomly lately especially with Trump's Tarrifs and updates.
But I say the break from the ascending wedge and hold horizontal support zone area and price seemed to be heading to diagonal and horizontal resistance which I set our TP at and boom.
Klassic_Trader.
USOIL (WTI) LongUSOIL is not net long on the regression break.
I am considering my options on this pair.
OIL: GOING DOWN TO CLEAR THE ALL THE STOPSDaily is consolidating at the monthly support + with a breakout structure on H4 to the downside, lets get in and ride it all the way down to hunt all the stop-losses below monthly wicks. Good luck.
WTI bay My idea is that we should collect low liquidity and enjoy a beautiful rise with an interesting move.
I am only a buyer and I am also a long trade at the desired points.
USOIL: The target has been reached.I clearly gave the signal to buy crude oil at the price range of 66 - 66.5 on Monday. Currently, it has reached the target position of 68 - 68.5. It is approaching the key resistance level. If the profit is sufficient, you can close the order.
Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
