Crude oil is entering the seasonal growth windowCrude oil had tested the lower band of the Bollinger Bands indicator on the daily chart. Being a momentum instrument, it has a chance of testing the area below the previous intermediate-term low (testing 52-55k area), after which the price may turn back to $60: the fair price according to the STEO forecast from eia.gov
As WTI oil is entering the seasonal window of growth, so we can assume the mean-reversion scenario to dominate in the near future, especially considering the improving market sentiment.
Don't forget - this is just the idea, always do your own research and never forget to manage your risk!
USCRUDEOIL trade ideas
Analysis of the Market Trend for Next WeekThe price of crude oil futures declined on Friday, falling by approximately 1% during the session, giving back the gains brought about by a brief technical rebound. Bearish demand signals continued to dominate traders' sentiment. The price of crude oil is likely to drop by more than 7% this week, which reflects the growing concerns in the market about the weakening of global demand. Traders remain cautious ahead of the crucial OPEC+ meeting scheduled for May 5th. It is expected that some member states will push for an acceleration of production increases before June. There are reports that Saudi Arabia has hinted that it has no intention of supporting oil prices through a new round of production cuts, which has further intensified the downward pressure on oil prices.
In terms of demand, the market remains skeptical about potential trade negotiations. The Ministry of Commerce of China stated that it is evaluating the proposal put forward by the United States to resume tariff negotiations. Analysts said that the trade environment remains unstable and fraught with uncertainties.
Crude oil showed a trend of rising first and then falling today. At the same time, the oil price correction broke below the support line, and the bearish trend of oil prices is expected to enter a further acceleration stage. After the rise first and then the fall, the demarcation line between the bulls and bears of oil prices is around $59.3. If it is under pressure again, it will indicate the continuation of the future trend.
USOIL SENDS CLEAR BEARISH SIGNALS|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 64.59
Target Level: 60.50
Stop Loss: 67.30
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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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The decisive day of major data (USOIL)
Yesterday, it was pointed out in the analysis circle: The support of 58 needs to be tested. Sure enough, buying at low levels continued to expand profits. The current price is 59.6. From the pressure analysis, the market is still affected by data that oversupply, and institutions will not reduce production in a short time. Therefore, oil prices will fall further,
The oil price broke through 59. Due to supply reasons, the market still has a downward range. 60-61 is a good choice to sell in succession.
tp58-57
WTI TRADE UPDATEhi all
Based on the current situation for WTI, with the stop loss hit from the previous trade idea, Plan A now relies on a breakout of the trendline and the support turning into resistance as confirmation for taking a long position.
However, if rejection occurs at the trendline or at the support-turned-resistance level, there's a possibility that the price will decline again, given that a breakout has already happened on the daily timeframe. Therefore, closely monitoring price movements around these key levels is crucial before making any trading decisions.
Ensure strong confirmation before acting, and keep an eye on shifts in market structure. Feel free to share any new updates, and best of luck with your strategy!
good luck all
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
WTI is due for a pullbackWTI has been falling for the entire week now. A hammer has formed on the hourly candle just right above a support. We expect pullbacks. TPs are as followed and SL is located at the support below.
Please do not risk more than 1% per trade。
If you like the idea, please help like the post and comment down your thoughts below! I would love to hear your thoughts!
USOIL CAUTION! BREAK - TEST - GO!This is my new updated chart of Oil.
Trump's "Drill baby Drill" interfering with the free market is the absolute worst thing he could do. His ridiculous tariffs will put us in an economic depression!
Oil prices are driven by demand! As I have mentioned here on TV so many times before! Increasing supply while heading into a recession is the dumbest thing possible! You never want to consume your own oil when you can consume others first! Simultaneously, F your own nation's oil company's profit margins and gov tax revenue!
This is why we shouldn't put toddlers as POTUS!
Anyway!!! This is a break test go! setup!
If you haven't seen it before, here is an example I recently posted with AAPL.
Click Boost, follow, subscribe! Let's get to 5,000 followers so I can help them navigate these crazy markets too. ))
Hellena | Oil (4H): SHORT to support area of 56,339.Colleagues, I was watching the price and was expecting a pattern for a reversal downtrend. I still expect a downward movement and believe that the price is in a combined correction.
This means that wave “B” has been formed and I expect wave “C” to reach at least the 56,339 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
WTI Oil H4 | Falling toward an overlap supportWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 60.44 which is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 57.60 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 63.68 which is a multi-swing-high resistance.
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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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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USCRUDEOIL - Potential Buy (Day Trading) & Sell (Swing Trading)Hi Traders,
We are BUYING CMCMARKETS:USCRUDEOIL
🧠 Price Action Analysis:
USOIL has recently shown strong bullish momentum, bouncing off key support levels and forming higher lows.
Today, price is holding above a critical zone, suggesting continued interest from buyers. If this support holds and momentum builds, we could see a move toward recent highs.
Good Luck
WTIUSD Building a Base – Bullish Reversal Setup Above $58?# WTIUSD
**Instrument:** WTIUSD
**Current Price:** Around $60
**Bias:** Bullish (Reversal)
---
**Analysis:**
WTI is showing signs of a potential **trend reversal** after forming a solid base near the $53.8 level, marked as the **invalidation zone**. Price has reclaimed the $58.3 support level and appears to be preparing for a bullish continuation, especially if it forms a higher low near this level.
A sustained move above $58.3 followed by bullish structure could open the door toward **$70.0** and possibly even **$75.0** in the medium term.
---
**Key Levels:**
- **Support:** $58.292
- **Invalidation:** $53.828 (price closing below would negate the setup)
- **Bullish Targets:** $70.0 – $75.0
---
**Trade Idea (Not Financial Advice):**
Look for confirmation of support holding above $58.3 and potential bullish momentum for entries. Invalid if price breaks and closes below $53.8.
---
> **Disclaimer:**
> This analysis is for educational purposes only and should not be taken as financial advice. Trading commodities involves significant risk. Always do your own research and use proper risk management.
USOIL UPDATEweek hit its largest since the week of March 7, 2025. The EIA crude oil inventory for the week stood at 3.454 million barrels, contrasting with the expected -1.078 million barrels and the previous figure of -2.032 million barrels.
On Wednesday, crude oil exhibited a high-range oscillatory pattern: it stabilized and rebounded near $62.7, then pulled back after reaching $63.6, maintaining volatility within a narrow upper range. Influenced by the large bullish candlestick on the daily chart, oil prices still carry an upward probability.
Overall, crude oil remains in a bullish consolidation phase. For trading strategies, a "buy low, sell high" approach is recommended, with resistance levels to watch at $63.6–64.5 and support levels at $62.7–61.2.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
WTI Crude Oil INTRADAY corrective pullback supported at $62.00
WTI crude oil prices are slightly lower in early European trade, down about 1.00% on the day to around $63.00. This pullback ends a four-day winning streak that had pushed prices to over a two-week high.
The decline so far lacks strong bearish momentum, suggesting traders may be taking profits or pausing ahead of key data.
Relevance for Trading:
Price dip appears corrective, not a reversal — no strong selling pressure yet.
Market focus now shifts to upcoming weekly US inventory data, which could drive the next move.
A bullish inventory report could help WTI resume its uptrend; a bearish one may deepen the pullback.
Trading Bias:
Cautiously bullish while holding above $62. Support and inventory reaction will be key for near-term direction.
Key Support and Resistance Levels
Resistance Level 1: 6420
Resistance Level 2: 6560
Resistance Level 3: 6670
Support Level 1: 6170
Support Level 2: 6050
Support Level 3: 5950
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.
XTIUSD Crude oil Raid Plan: Snag Profits Before the ATR Trap!🌍 Greetings, Wealth Warriors! Salut! Ciao! Salaam! 🌟
Fellow Profit Pirates, 🤑💰🚀
Crafted with 🔥Bandit Blueprint analysis🔥 (technical + fundamental), here’s our cunning scheme to raid the "XTIUSD / WTI Oil" Energy Market. Follow the charted course for a long entry, aiming to slip away near the high-stakes ATR Zone. Watch out—overbought signals, consolidation, or a trend flip could trap the unwary where bearish bandits lurk! 🏴☠️💸 "Cash out and celebrate, traders—you’ve earned it! 🎉💪"
**Entry 📈**: "The vault’s open! Await the MA breakout (64.00), then strike—bullish riches await!"
Pro tip: Set buy stop orders above the Moving Average or place buy limit orders at the latest 15/30-min swing low/high for pullback entries.
📢 Set a chart "alert" to catch the breakout moment!
**Stop Loss 🛑**: "📣 Heads up, crew! 🗣️ For buy stop orders, hold off on placing that stop loss until the breakout sparks 🚀. Stick to my marked spot 📍 or go rogue at your own peril 😎—it’s your gamble! ⚠️"
📍 Bandit SL set at the recent 3H swing low (60.00) for swing trades.
📍 Adjust SL based on your risk, lot size, and number of orders.
**Target 🎯**: 70.000 or bail out before the finish line.
🧲 **Scalpers, listen up** 👀: Stick to long-side scalps. Big bankrolls can dive in; smaller stacks, join the swing trade heist. Use trailing SL to shield your loot 💰.
💸 **US Oil Spot / WTI** Swing Trade Plan: Bullish vibes 🐂 are surging, fueled by key drivers. ☝
📰 **Dive Deeper**: Check Fundamentals, Macro Trends, COT Reports, Seasonal Patterns, Intermarket Insights, Inventory Data, and Future Targets 👉🔗
⚠️ **Trading Alert: News & Position Tips** 🗞️ 🚨
News drops can shake prices and volatility. To protect your haul:
- Skip new trades during news events.
- Use trailing stops to lock in gains.
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---
Real-Time Data (UTC+1, May 14, 2025) 📊
**WTI Oil (XTIUSD)**:
- **Price**: ~$63.80 (based on latest market data)
- **MA Breakout Level**: ~$64.00 (as per strategy)
- **Stop Loss Level**: ~$60.00 (3H swing low)
- **Target**: $70.00
- **Market Sentiment**: Bullish 🐂, driven by inventory draws and geopolitical factors (per recent analysis).
**Latest COT Data (Friday, May 9, 2025)**:
- **Commercial Hedgers**: Increased net long positions in WTI futures, signaling bullish bias.
- **Large Speculators**: Moderately net long, cautious due to overbought risks.
- **Data Source**: CFTC (official Commitment of Traders report).
**Key Fundamental Drivers**:
- **Inventory**: EIA reported a -2.5M barrel draw last week, supporting bullish momentum.
- **Geopolitical**: Middle East tensions continue to prop up oil prices.
- **Seasonal**: Summer demand expectations rising.
🔔 **Note**: Monitor upcoming EIA inventory data (Wednesday, May 14, 2025) for volatility.
---
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USOIL POTENTIAL SHORT|
✅CRUDE OIL has been growing recently
And Oil seems locally overbought
So as the pair is approaching a horizontal resistance of 64.82$
Price decline is to be expected
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
WTI Crude Oil Testing Major Resistance – Will $64.260 Hold or CrPrice has surged sharply from the $55.931 🔽 support zone, climbing nearly 14% and is now approaching the key $64.260 🔼 resistance area. This level has held twice before, making it a significant short-term barrier.
Currently trading at $63.83, with
Support at: $60.000 🔽, $55.931 🔽
Resistance at: $64.260 🔼, $67.000 🔼, $71.101 🔼
Bias:
🔼 Bullish: A clean breakout and retest above $64.260 could open the door toward $67.000 and even $71.101. Strong momentum favors buyers for now.
🔽 Bearish: Rejection at $64.260 may lead to a retracement back toward $60.000 or even $55.931 if sellers step in strongly.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
USOIL bullish projection, expecting price to rise after pullbaCKInstrument: CFDs on WTI Crude Oil
Timeframe: 2-hour (2h)
Current Price: Around 69.35 USD
Indicators:
Moving Averages: Two are visible (likely 50 and 200-period EMAs)
Fibonacci Levels: Retracement levels marked
Key Zones:
Resistance Zone (Red box): Around 63–65 USD
Support Zone: Around 61–62 USD
Price Action:
There was a significant downtrend, followed by a double bottom/reversal.
Price has broken above previous resistance and is now retesting the breakout zone.
Trade Setup:
Entry Zone: Around 63.10 USD
Target Zone: Around 69.11 USD
Stop Loss: Near 61.87 USD (based on the support zone/Fibonacci 0.5 level)
The green box suggests a bullish projection, expecting price to rise after a pullback and retest.
Interpretation:
This chart implies a bullish setup, where the trader expects:
A minor retracement to the highlighted red resistance-turned-support zone.
A continuation toward the target at 69.11 USD.
The risk-reward ratio is favorable if the entry occurs near the zone outlined.
USOIL prediction for Tue the 13th of MayApologies about not sharing predictions recently. For today, I can see the USOIL has reached a beautiful supply that has a FVG inside of it. My prediction is that the price might reverse for a short correction. If you are day-trading, that might be a good opportunity.
⚠️ Disclaimer:
This idea reflects my personal analysis and bias. It is not financial advice. Always do your own research, apply risk management, and trade only when you have clear confirmation. Protect your capital first.