usoil starts longusoil is close to the support area below, and you can start to go long when it reaches the support position
usoil trading strategy today
usoil buy@60-61
tp:62-63
USCRUDEOILCFD trade ideas
USOIL Today's Trading Strategy Hope this helps you
On the supply side, although OPEC+ has a production increase plan, there are differences in the implementation efforts among member states. Some countries may be unable to fully implement the production increase target due to their own interests or production capacity limitations. In the case of U.S. shale oil, the current oil price is hovering near $60, close to the shale oil extraction cost line. If oil prices continue to fall, the production enthusiasm of U.S. shale oil enterprises will be dampened, and some oil wells may even be shut down, leading to a reduction in supply, which in turn will support oil prices.
On the demand side, the global economic recovery trend has gradually become clear. With the continuous implementation of economic stimulus policies by various countries, industrial production activities have increased, and the transportation industry has gradually recovered, leading to a steady growth trend in crude oil demand. In particular, emerging economies, with their fast economic growth rates and large demand gap for crude oil, have become an important force driving the growth of crude oil demand.
Geopolitical factors remain a key variable affecting oil prices. The situation in the Middle East is tense, the progress of the Iranian nuclear negotiations is slow, and the contradictions between Israel and Iran continue to escalate. Once a conflict breaks out, it will seriously affect crude oil production and transportation in the Middle East, leading to a global crude oil supply shortage and a inevitable sharp rise in oil prices.
USOIL Today's Trading Strategy Hope this helps you
USOIL BUY@60.5~61
SL:59.5
TP:61.5~62
USOIL Today's Trading Strategy:
Recent market signs indicate that oil prices may decline. From a supply perspective, some OPEC+ producers have relaxed production cuts, increasing crude oil supply in the market. Additionally, U.S. crude oil inventories increased by 2.4 million barrels last week, and output further rose, making the oversupply of crude oil more evident. On the demand side, under the influence of U.S. tariff policies, global economic growth has slowed, and market expectations for crude oil demand are relatively pessimistic. Although geopolitical tensions in the Middle East have eased, reducing the risk of supply disruptions, this has also caused oil prices to lose a strong supporting factor.
USOIL Today's Trading Strategy:
USOIL SELL@62.0~62.5
SL:63
TP:61~60
WTIOIL short term buy opportunity flag formation.basically there is a flag formation in short term and with the brake of the little triange it should go up, if downbrake shown as invalidation level should be stop loss for this trade.
WTI Oil H1 | 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 61.31 which is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 59.95 which is a level that lies underneath a multi-swing-low support.
Take profit is at 62.54 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.
Stratos Markets Limited (tradu.com ):
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.
Stratos Europe Ltd (tradu.com ):
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.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USOIL Today's Trading Strategy:
Recently, oil prices have generally shown a narrow oscillating trend. In terms of influencing factors, on the one hand, uncertainties in global economic growth have made the outlook for oil demand unclear, putting some downward pressure on oil prices. For example, the slowdown in economic growth in some countries and insufficient factory capacity have reduced demand for crude oil. On the other hand, the production policies of the Organization of Petroleum Exporting Countries (OPEC) and its allies are also influencing oil prices. If they plan to increase production, the supply of crude oil in the market will rise, and prices may fall.
USOIL Today's Trading Strategy:
USOIL SELL@62.0~62.5
SL:63
TP:61~60
US-Oil will further push upside After Testing TrendlineHello Traders
In This Chart XTIUSD HOURLY Forex Forecast By FOREX PLANET
today XTIUSD analysis 👆
🟢This Chart includes_ (XTIUSD market update)
🟢What is The Next Opportunity on XTIUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Weekly Target next move Double Top Resistance - Oversimplified
Issue: Labeling this zone a "Double Top Resistance" without confirmation is premature.
Disruption: A double top pattern is only valid after a neckline break, which hasn't occurred.
Alternative View: This area could also be a bullish continuation zone if price consolidates and breaks out above $63 with strong volume
The outlook for the crude oil market next weekOutlook for Next Week's Crude Oil Market
Next week, the crude oil market will (most likely) remain in a range-bound pattern. If OPEC+ lacks clear and forceful measures regarding the implementation of production cuts and future supply plans, concerns about supply surpluses will continue to exert downward pressure on oil prices. Additionally, if global economic data does not improve significantly, the demand side will struggle to provide sufficient support for prices.
However, tensions in the Middle East persist, with relations between Israel and Iran remaining highly strained. If conflicts escalate—for example, if Iranian nuclear facilities are attacked—global crude oil daily production capacity could be reduced by at least 1 million barrels. This risk of supply disruptions would instantly drive up oil prices.
As a result, investors next week need to closely monitor OPEC+ dynamics, Middle East geopolitical developments, and global economic data to seize investment opportunities in the crude oil market.
The outlook for the crude oil market next week, I hope it will be helpful to you
USOIL BUY@61.0~61.5
SL:60
TP:62.5~63
The outlook for the crude oil market next weekThis year, the crude oil market has been facing a tough time, with demand remaining sluggish. The growth in crude oil consumption has been slow, and inventories have been continuously building up. Institutions such as JPMorgan Chase have pointed out that the growth in global crude oil demand is much worse than expected. Moreover, OPEC+ is set to raise the crude oil supply ceiling from June, and has been increasing production in the previous few months, which has led to a further increase in the amount of crude oil in the market. Coupled with the recovery in shale oil production in non - OPEC+ countries such as the United States, and the expansion of production capacity in Norway, Brazil, and other countries, the supply side has exerted great pressure on oil prices. From the demand side, the slowdown in global economic growth has made people more cautious about industrial production and energy consumption. In addition, the energy structure is undergoing a transformation, with the share of oil in energy demand falling below 30% for the first time. The increasing number of electric vehicles and the growing use of renewable energy in the industrial sector have also contributed to the weak growth in crude oil demand.
The outlook for the crude oil market next week, I hope it will be helpful to you
USOIL SELL@62.0~62.5
SL:63.5
TP:61~60
USOIL Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for USOIL below:
The price is coiling around a solid key level - 61.69
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 61.18
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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
Next Week’s Outlook, I hope it will be helpful to youRecent Oil Price Trends and Outlook
The recent trend of oil prices has been volatile. On the supply side, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) are discussing further production increases in July. If actual production is increased, the supply of crude oil in the market will rise, naturally putting downward pressure on prices. There has already been news that OPEC+ began gradually increasing supplies in May and June. If subsequent production increase plans continue to advance, concerns about supply surpluses will intensify.
Forecast for Next Week’s Market
Expectations of OPEC+ production increases and weak U.S. demand are likely to continue influencing the market next week. If OPEC+ confirms further production increases at its June 1 meeting, oil prices will (most likely) continue to face downward pressure next week. However, if unexpected situations arise—such as sudden geopolitical tensions affecting crude oil production and transportation—oil prices may also rise volatility. Based on current conditions, it is more likely that oil prices will maintain a (range-bound downward) pattern next week. Key resistance levels to watch are 63.0–63.5, and support levels are 60.5–60.0
USOil Dips Amid Global Demand WorriesXTI/USD is currently exhibiting bearish technical signals, with key indicators pointing towards potential further declines. However, the presence of oversold conditions suggests that a short-term rebound could occur if prices find support at current levels. Traders should monitor the $60.13 support and $61.38 resistance levels closely, as breaks of these levels could signal the next directional move.
XTI/USD is experiencing a noticeable downward shift in market sentiment. After a period of relative stability, prices have started to decline, influenced primarily by concerns over global demand and shifting geopolitical conditions. Despite earlier support from tensions in Eastern Europe and U.S. sanctions on Russian energy exports, the market now appears to be reacting more to economic headwinds, such as signs of slowing industrial growth in major economies like China and the Eurozone. Traders are closely watching whether current support levels will hold or if the recent downward momentum will lead to a deeper correction. Overall, the sentiment leans cautious, with traders waiting for clearer signals from both supply-side developments and macroeconomic indicators.
Pivot Points:
Support Levels: S1 at $60.13, S2 at $59.69, S3 at $58.88.
Resistance Levels: R1 at $61.38, R2 at $62.19, R3 at $62.63.
Bearish Outlook
Trigger: A break below the $60.13 support level.
Targets: $59.69 followed by $58.88
Invalidation: A decisive move above the $61.38 resistance level.
Bullish Outlook
Trigger: A sustained break above the $61.38 resistance level.
Targets: $62.19 followed by $62.63
Invalidation: A drop below the $60.13 support level.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
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
WTI Oil H4 | Overlap support at 38.2% Fibonacci retracementWTI 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.
Stratos Markets Limited (tradu.com/uk):
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.
Stratos Europe Ltd (tradu.com/eu):
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.
Stratos Global LLC (tradu.com/en):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Crude Oil (WTI/USD) Short SetupInternational oil prices have been supported by the temporary easing of trade tensions and buying sentiment attracted by a double bottom. However, the upside for oil prices remains limited, mainly due to the impact of Trump's uncertain tariff policies on the economy and the OPEC+ strategy of maintaining production increases. In the forward view, attention should be paid to the progress of the Iran Nuclear Agreement and Russia-Ukraine negotiations. If the agreements are reached, pressure on the oil supply side will continue to increase. During the summer oil consumption peak season, the incremental oil demand in major consuming countries may be affected by factors such as the bleak prospects of economic recovery and the substitution of new energy, keeping oil prices under pressure. On the daily chart, crude oil closed with a small bullish candle, with the high price breaking above the previous high and the low price not breaking below the previous low, forming an breakout pattern. Crude oil has shown upward momentum after consecutive oscillations, and key attention should be paid to whether the resistance level at 63.6 is broken.
Trading Strategy:
sell@62.5-63.0
TP:61.0-61.5
In the market, there are no absolutes, and neither upward nor downward trends are set in stone. Therefore, the ability to judge the balance between market gains and losses is your key to success. Let money become our loyal servant.
WILL CRUDE OIL HOLD BULLISH PRESSURE!?NY Session
LONG entry
Retest and Bounce of POi (61.700) psychological level
5-15min break of previous structure]
15min break of 9 ema
+ 618 retracement level
looking for price to fill (63.838)TP
EASYMARKETS:OILUSD
WTI Oil H4 | Potential bullish bounceWTI 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.
Stratos Markets Limited (tradu.com):
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.
Stratos Europe Ltd (tradu.com):
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.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USCRUDEOIL - Potential Sell (Day Trading)Hi traders,
Next week I am looking to SELL CMCMARKETS:USCRUDEOIL .
Price Action Analysis:
4hr Chart: Price has been forming higher highs and higher lows, but has now broken a key support level (previous buyer zone), which may indicate a shift to seller control. We need to check the lower time frames to confirm if this supports a bearish bias.
1hr Chart: After breaking the buyer zone, price has started forming a new bullish structure. If this structure fails, it could confirm a sell setup. Stay on standby.
Lower timeframe: Timing for entry
Good Luck
STUDY, STUDY, STUDY. Lorenzo Tarati :)
USOIL: Continue to shortThe upper resistance of crude oil is 64.5. If it reaches 63-64, you can continue to short. The downward trend is about to begin.
Accurate signals are sent every day, all profitable and free. Account management services are also provided.
usoil sell@63-64
tp:62-60
USOIL: Will Keep Falling! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USOIL pair price action which suggests a high likelihood of a coming move down.
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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