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!
USDWTI trade ideas
Buy Opportunity🛢️ WTI Crude Oil (4H) – Bullish Reversal Setup
WTI has hit a significant support zone near $59.30, aligning with a previous demand area and low-volume node from earlier consolidation. Price action suggests potential exhaustion in the selling momentum as indicated by the histogram flattening.
🟢 Entry: $59.32
🎯 Target: $64.69 – Previous swing high and key supply level
🛑 Stop Loss: $57.32
📊 Risk/Reward Ratio: 2.79
📆 Target Date: May 6, 2025
📈 Projected Move: +9.06% / +$5.37
🔍 Key Observations:
Strong support area with prior reaction.
Price now trading at low end of value zone (yellow-blue volume profile), often signaling reaccumulation.
Histogram shows bearish momentum waning – potential for shift in trend.
A move above $61.83 could accelerate bullish continuation.
📌 Bias: Bullish – Buy the dip with confirmation above $60 for safer entry.
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Entry 📈 : "The heist is on! Wait for the Neutral Level breakout then make your move at (59.90) - Bearish profits await!"
however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 (or) 30 minute timeframe most NEAREST (or) SWING low or high level for Pullback entries.
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📌Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (63.00) Day/Scalping trade basis.
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Target 🎯: 57.50
🔥🛢"US Oil Spot/ WTI" Energy Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇
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Oil - Short Term Sell Trade Update!!!Hi Traders, on April 17th I shared this idea "Oil - Looking To Sell Pullbacks In The Short Term"
I expected to see bearish continuation until the two Fibonacci resistance zones hold. You can read the full post using the link above.
The price is currently holding in the first Fibonacci resistance zone.
Until both the Fibonacci resistance zones hold my bearish view still remains.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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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.
Energy is life: tailwind for the global economy?Oil prices in gold in a clear down trend, presumably on the back of increased shale production and greater renewables, and resurgence of nuclear. Unless demand accelerates (AI? middle class growth in India?), this is very supportive of economic growth.
Heading into 61.8% Fibonacci resistance?WTI Oil (XTI/USD) is risng towards the pivot which has been identified as a pullback resistance and could reverse to the 1st suport which acts as a pullback support.
Pivot: 65.64
1st Support: 57.71
1st Resistance: 71.18
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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
Crude Oil's Bearish Trend Continues: Intraday Trading StrategiesDuring the US trading session on Monday, crude oil recovered part of the losses from the sharp decline at the opening of this week. Previously, OPEC+ unexpectedly increased production again, causing crude oil to continue the bearish trend that has been gradually taking shape since March.
Today, the price of crude oil first rose and then fell. After hitting a new low, the upward trend continued, but when it reached around $57.7, it encountered significant resistance. Looking ahead, it is expected that crude oil will experience an oscillation phase first, and then continue its downward trend.
Currently, crude oil is still in a bear - dominated trend. For intraday trading strategies, it is recommended to focus on short - selling on rallies and use buying on dips as a secondary approach. Pay close attention to the resistance range of $57.7 - $58.5 on the upside and the support range of $55.5 - $54.0 on the downside.
USOIL
sell@57.30-57.50
tp:56.50-56.00
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
Can oil prices continue to be shorted? Of courseSaudi Arabia made a major strategic shift, willing to accept low oil prices and unwilling to cut supply.
Oil prices fell sharply as a result.
It is expected that oil prices will hit 55-56 in the short term, so the operation is still mainly shorting oil prices. Overcapacity.
XTIUSD – 4H Short Position ExplanationI have entered a short position on XTIUSD (WTI Crude Oil) based on a multi-timeframe bearish confluence setup:
Weekly and Daily Trend: The overall structure on both the weekly and daily charts is bearish, showing a consistent downtrend and favoring sell setups.
Daily Chart Structure: Recently, price formed a lower high on the daily timeframe, indicating continued bearish pressure and a rejection from a key resistance zone.
4H Price Action: On the 4-hour chart, price has broken a major support level, confirming the bearish momentum. This breakdown increases the probability of further downside movement.
Trendline & Structure: The pair is respecting a descending trendline, further supporting the bearish scenario.
RSI Confirmation: The RSI has dropped below 40 and continues to trend downward, reflecting bearish strength without yet being oversold.
This trade aligns with the higher timeframe trend, with a clear break of support and momentum favoring sellers. The risk is managed above the broken structure, and the setup offers a favorable risk-to-reward ratio.
USOIL is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
USOIL Today's strategyFrom a technical perspective, if USOIL can take advantage of the weakening of the DXY, stabilize and rebound near the current price, and break through the key resistance level, it may be able to form an upward trend. However, if it fails to effectively withstand the impact of the production increase by OPEC+, and breaks below the key support level, the price is likely to decline further.
Currently, it is necessary to closely monitor the competition around the price level of $55. If this level can be held, the probability of a rebound will increase. Once it is broken, the next support level may be around the $53 area. At the same time, continuously tracking the trend of the DXY and the subsequent policy dynamics of OPEC+ is of vital importance for judging the future trend of USOIL.
USOIL
buy@55-56
tp:57.5-58.5
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
USOIL SPOT CASH ANALYSIS Oil Analysis:
Overall Trend: The general trend remains bearish, moving towards key supportive correction zones aligned with Fibonacci retracement levels.
Technical Signals:
A regular hidden positive divergence has appeared, suggesting a potential upward movement from the corrective Fibonacci levels.
Outlook:
Based on the current setup, there are expectations for a bullish rebound from the corrective zones toward higher target areas, as illustrated in the accompanying chart.
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 BEARISH BIAS RIGHT NOW| SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 63.13
Target Level: 61.78
Stop Loss: 64.03
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
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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Oil is Doomed: Time to SELL (Part 1/3)A Perfect Storm for Oil Has Begun
The start of April triggered a brutal selloff in oil, and it's only the beginning. Here’s why:
🛑 Global Trade Wars
On April 2nd, Trump launched a full-scale trade war. New tariffs could reach 23% — the highest in a century. China, the world’s largest oil importer, now faces 145% tariffs. Global trade slowdown = weaker demand for oil. Result? Oil dropped 10% in just 2 days — one of the worst drops in history.
📉 US at Risk Too
Goldman Sachs raised recession odds from 15% to 35%. Atlanta FED sees weakening GDP. The whole world slows down — and so does oil demand.
🛢️ OPEC Surprise Output Hike
OPEC+ has started increasing output — over 2.2 million barrels per day in 2025. The April hike alone was supposed to be 138,000 bpd, but turned out to be 411,000 bpd — triple the forecast. This is a MAJOR bearish shock to the market.
Flashback: Spring 2020 — OPEC raised output during an economic crisis. Oil dropped 65% .
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.
✅LIKE AND COMMENT MY IDEAS✅
OIL: Very bearish Monthly closeOIL ST/MT Outlook: Sell
From FA perspective, Oil is in downtrend:
1- Worldwide recession is/will create a lower demand for oil.
2- Risk: Agreements between Iran-USA and Ukraine-Russia will fade out any risk related.
From TA perspective:
1- Monthly close is a strong bearish. A continuation down is expected.
2- Next major stop is around $40.
WTI Crude Oil selling pressure below 6200The price sentiment for WTI Crude Oil remains bearish, in line with the prevailing downtrend. Recent price action shows an oversold rally, which has stalled near a previous consolidation zone around 6200 — a key resistance level.
Key Resistance Level: 6200
This level marks a previous intraday consolidation area and could act as a ceiling for the current rally.
Bearish Scenario:
If WTI fails to break above 6200, it may resume its decline toward:
5860 (near-term support)
5713
5550 (longer-term support)
Bullish Scenario:
A confirmed breakout and daily close above 6200 would shift momentum and open upside targets at:
6375
6533
6700
Conclusion:
WTI Crude Oil remains under bearish pressure unless it breaks and closes above 6200. Traders should monitor this level closely for signs of rejection or breakout.
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