USOIL Switching to the 4-Hour, a Bearish Harami that is a top reversal pattern formed at the peak of a rally for the bears to descend.
Nearby is a Bullish Trendline (in green dotted line). If the bears drop down more and move to the right of the trendline, the market (directional) bias will flip from Bullish to Bearish for the most profitable moves to be bearish ones. Let's see if it happens.
USOIL On the Hourly that is in Bearish (directional) Market Bias after the bears dropped below the Bearish Trendline (in red dotted line), a Double Inside Day showed up. So, a BIG move is coming.
USOIL Crude oil fluctuated and rebounded, and the weekly closed positive again. The rebound will continue in the short term. The overall trend is still bearish, so it is better to go short and long. The upper pressure levels are 64, 65 and 66 respectively, and the lower support levels are 62.3, 61.5 and 61 respectively. The following operation suggestions are given today. Operation suggestion: wait for the retracement to around 62.4, long, loss 61.9, short-term, near 64, target around 65.
USOIL (WTI Crude) – 12H & 5H Precision Outlook Current Price: $63.70 – $64.00 Status: High-stakes zone — smart money is positioning 🎯🧠
Key Trade Setups & Zones
1. Long Setup – Pullback Buy 🟢📈
Entry: $63.30 – $63.75 Target: $65.30 (Fair Value Gap CE) 🎯 Context: Smart money could wick price into this zone before launching higher. Look for a clean 5H bullish candle to confirm entry ✅
This is the base case for now.
2. Breakout Long – Confirmation Entry 🚀🔥
Entry: $64.00 – $64.20 (after body close above) Targets: • TP1: $64.80 🥇 • TP2: $65.30 🎯 • TP3: $65.80 – $66.00 (possible final sweep) ⚠️🧲
Conditions: • Volume must support the move • No strong upper wick rejections • Strong bullish momentum needed to stay above $64.20
This is a high-probability short zone — where institutions typically offload. A rejection here signals exhaustion and a likely reversal back to imbalance zones.
If price can’t hold above $63.30, the bullish case is invalidated. This could lead to a clean flush toward the macro FVG and order block area.
Big Picture Summary 🧩
• Primary Move: Push into $65.30 CE 🎯 • High-Probability Short: From $65.30 – $65.80 zone 🔻 • Extended Wick Risk: $66.00 sweep possible but less likely ⚠️ • Major Rejection Target: $60.40 – $61.00 (magnetic zone + FVG fill) 🧲
Let price prove its move — then strike with confidence. ⚠️⚠️⚠️ This is not a financial advice, this is basically my key technical levels I have my eyes set on for high probability trades.
GOLD Since today is Sunday, April 20, 2025, the market will open tomorrow, Monday, April 21, 2025 — typically starting with the Sydney and Tokyo sessions GBPJPYUSDJPYDXYUSOIL