US CRUDE OIL(WTI): Price Action Trading📈USOIL may experience a reversal from an important daily support level. The formation of a cup & handle pattern and a breakout above its neckline on a 4-hour chart suggest that the price is likely to rise. The target price is 68.50.Longby linofx1101023
USOIL at Critical Support – Rebound Toward 73$?TVC:USOIL has reached a major demand zone, an area that has historically acted as strong support. This region has previously triggered sharp rebounds, making it a key level to watch for a potential bullish reaction. The recent sell-off has pushed the price deep into this zone, and early signs of rLongby DanieIM121222
OIL Testing 6 Month LowOIL Testing 6 Month Low OIL Analysis Yesterday, OIL tested a very strong area dating back six months to September 10, 2024. OIL reached $65 per barrel after a long time. The market reaction was strong, pushing the OIL price up again to $67.3, an increase of nearly 1.7%. Impact of U.S. Tariff PoLongby KlejdiCuniUpdated 101074
Hellena | Oil (4H): SHORT to the area of 64.00 (Wave C).Colleagues, at the moment we see a situation where it is difficult to determine the end of the movement. Wave “C” is not completed and I believe that we should expect the continuation of the downward movement. I do not set distant targets, so I expect the price to reach the area of 64.00. A correctShortby Hellena_TradeUpdated 3321
$CL_F: Oil forecastIt looks like energy is going to get cheaper after all, over time this can result in stimulus for the economy as prices fall, once they've fallen enough. The effect will be felt with some lag lasting a few months though. Best of luck! Cheers, Ivan Labrie.Shortby IvanLabrie7710
Oil bullish scenarioOil is on a big test in the $68.50 zone. With a break above, the chances for a retest of the $70.00 level increase. A little higher in the $71.00 zone, the EMA 200 moving average is approaching, which was an obstacle to further oil price recovery on the previous two occasions.Longby Aleksin_Aleksandar4410
USOIL Potential UpsidesHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 66 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 66 support and resistance area. Trade safe, Joe.Longby JoeChampion1114
USOIL Potential DownsidesHey Traders, in today's trading session we are monitoring USOIL for a selling opportunity around 68 zone, USOIL is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 68 support and resistance area. Trade safe, Joe.Shortby JoeChampion229
USOIL Long USOIL Long , It looks good trade to me because its strong support here, and Take profit level is very obvious and high probability. I kept big SL to be safe side, and take profit on TP. Use proper risk management Looks like good trades. Lets monitor. Use proper risk management. Disclaimer: only iLongby MuhammadTradesUpdated 224
OIL DOWN TREND SOONThe chart shows WTI Crude Oil (CFDs) on a 1-hour timeframe. The price is currently facing resistance near 67.50, with a recent pullback towards the support level at 65.82. An order block is indicated around the 67.00 mark, suggesting a potential move down to the target of 65.82. Traders may look forShortby Joan_Pro_Trader117