Oil WTI - short term short, then longWe have a 15min timeframe short term sell opportunity, then we will look for a buy setup.
Short levels are on the chart. Trade with care.
We will update later between the London and the NY session.
USOIL trade ideas
Buy OpportunityWTI Crude Oil Long Trade Signal
📈 Buy WTI Crude Oil
🔹 Entry: 67.45
🔹 Stop Loss: 65.90 (-2.30%)
🔹 Take Profit: 71.08 (+5.38%)
🔹 Risk/Reward Ratio: 2.37
🔹 Timeframe: 4H
📌 Analysis:
Price is bouncing from a demand zone with strong volume support.
Moving averages indicate potential trend reversal.
Target at 71.08 aligns with previous resistance levels.
Favorable risk/reward setup of 2.37.
WTI POSITIONAL TRADE IDEA!!WTIUSD - Long-Term Positional Trade Setup 🚀
🔍 Market Overview:
WTI Crude Oil (WTIUSD) has been in a macro downtrend, but price is now trading at a long-term demand zone around $66-$67, a historically strong support level. With potential supply shocks, geopolitical factors, and seasonal demand, WTI could see a long-term recovery.
This setup is for swing and positional traders looking to hold for weeks to months.
📍 Key Levels:
Major Demand Zone: $65.00 - $67.00
First Resistance: $75.00
Major Resistance: $82.00 - $85.00
Macro Target: $90.00+
📊 Trade Idea:
🔸 Long Entry: $66.00 - $67.00 (Accumulation Zone)
🔸 Stop Loss: $62.50 (Below historical support)
🔸 Take Profit Targets:
TP1: $75.00 (Key resistance, potential pullback)
TP2: $82.00 (Previous supply zone)
TP3: $90.00+ (Macro bullish target)
📈 Confluences for the Trade:
✅ Strong Historical Support at $65-$67
✅ 200-Week Moving Average Support
✅ MACD and RSI Bullish Divergence (Momentum shifting)
✅ Geopolitical Risks & Supply Factors favoring oil upside
✅ Previous Market Cycles show WTI bouncing from this zone
🎯 Execution Plan:
DCA (Dollar-Cost Averaging): If price drops, consider scaling in at $65, $63, and $62.
Partial TP Strategy: Secure profits at each resistance while leaving some position open for higher targets.
Re-evaluate at $75.00: If price struggles to break, watch for re-accumulation before continuation.
🚨 Risk Management:
WTI is volatile—use proper risk sizing to avoid unnecessary drawdowns.
📌 This is a long-term position, so patience is key!
Oil: Pending ShortThis is based on descending triangles being bearish setup. So I would think that there are 2 entry points:
1. When it touches the upper trendline, or better yet,
2. When it breaks down from the lower trendline.
WTI increased slightly and decreased rapidly, downtrend TVC:USOIL prices rose slightly by about 1% in Asian trading on Monday before falling sharply, largely due to the continued US military crackdown on Houthi militias.
US Pete Hegseth said on Sunday that the US military will continue to fight the Houthis until they stop attacking international shipping lanes. The US has previously conducted airstrikes in Yemen, causing casualties among Houthi fighters.
The Houthis have hinted that they could take stronger retaliatory actions, adding to market concerns that the situation in the Red Sea will continue to escalate.
While geopolitical tensions pushed oil prices higher, concerns about global economic growth limited gains.
Goldman Sachs analysts have lowered their oil price forecasts based on the following points:
• The Trump administration’s new tariffs on Mexico and Canada could restrict global trade and lead to lower-than-previously expected US economic growth.
• The slowdown in economic growth will lead to lower oil demand, and Goldman Sachs expects oil demand growth in the coming months to be lower than previously estimated by the market.
• OPEC+ supply could exceed expectations, and while the market is currently focused on the situation in the Middle East, overall supply remains relatively abundant.
• The market expects signs of a slowdown in the US economy to keep oil prices under pressure in the long term, although geopolitical factors could still support prices in the short term. In addition, the market is paying attention to the Federal Reserve's interest rate meeting on March 18-19. The market expects the Fed to keep interest rates unchanged while continuing to assess the impact of the Trump administration's policies on the economy. If the economic outlook continues to deteriorate, the possibility of the Federal Reserve adjusting its policy this year cannot be ruled out.
WTI Crude Oil Technical Outlook Analysis TVC:USOIL
On the daily chart, WTI crude oil is temporarily in the accumulation phase but with the current position and structure, the downtrend is still dominant with the short-term trend being noticed by the price channel, the medium-term by the price channel and the nearest pressure from the EMA21.
The recovery momentum of WTI crude oil is also limited by the 0.50% Fibonacci extension level, and as long as crude oil fails to move above the EMA21 and break above the price channel, it still has a main bearish outlook.
In the short term, the downside target is around $65, the low since September 10, 2024, followed by the 0.786% Fibonacci extension. Notable positions for the WTI crude oil downside trend will be listed again as follows.
Support: $66.63 – $65.33
Resistance: $67.85 – $68.52 – $69.07
OilUS Oil - Crude Oil
Rejecting from the Upper Trend Line of a corrective pattern " Symmetrical Triangle " and Strong Resistance Area with strong Bearish Price Action making a Change in Characteristics. We need to wait until it Breaks Upper or Lower Trend Line
Note :
This is only the Technical Analysis of US Oil next possible , It is not a proper signal
#USOIL/WTI 1 DAYUSOIL/WTI (1D Timeframe) Analysis
Market Structure:
The price is currently trading near a key support level, which has previously acted as a strong demand zone. Buyers may step in at this level, leading to a potential reversal or bounce.
Forecast:
A buy opportunity is expected if the price holds above the support level and shows signs of bullish momentum. Confirmation through price action, such as bullish candlestick patterns or increased volume, can strengthen the trade setup.
Key Levels to Watch:
- Entry Zone: Consider buying near the support level if the price confirms a bounce.
- Risk Management:
- Stop Loss: Placed below the support level to manage downside risk.
- Take Profit: Target resistance levels or previous swing highs for potential gains.
Market Sentiment:
If the support level holds, the market sentiment may shift towards the upside, leading to a potential bullish move. However, a breakdown below support could indicate further weakness, requiring reassessment.
Bullish bounce off pullback support?WTI Oil (XTI/USD) has bounced off the pivot and could rise to the 1st resistance which lines up with the 38.2% Fibonacci retracement.
Pivot: 65.73
1st Support: 63.22
1st Resistance: 71.07
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
WTI - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 64.000, resumption of uptrend is expected.
We make sure when the resistance at 79.361 breaks.
If the support at 64.000 is broken, the short-term forecast -resumption of uptrend- will be invalid.
TVC:USOIL BLACKBULL:WTI
Technical analysis:
A peak is formed in daily chart at 79.355 on 01/15/2025, so more losses to support(s) 64.900 and minimum to Major Support (64.000) is expected.
Take Profits:
68.354
70.182
72.434
74.449
77.410
79.361
83.961
87.000
93.882
100.802
109.192
126.350
__________________________________________________________________
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
High Gas Prices By Xmas.We still have 9M left to go but I’ll say it now: price will soar to $113.186 by year end.
Watch and see about it.
USOILUSOIL is in still in down trend, any pullback is just a chance to get in the sells again.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
USOIL 1HR // 16 March AnalysisUSOIL has been in a downtrend.
With this trendline forming and the price nearing the trendline, we can look for potential sells.
The price has been resisting the 68.00 area, we can wait and see how it reacts to the trendline.
potential sells if we can see a good rejection from the trendline as well as the resistance zone. A good target would be near the 65.00 price area.
Trading Strategy for Crude Oil Next WeekAs U.S. President Donald Trump pushes for an increase in domestic oil production and a reduction in energy prices, the prospect of declining profits may stifle drilling activities. If WTI crude oil hovers around $65 per barrel, shale oil operators may shut down 25 drilling rigs and keep U.S. oil production flat. A further drop in prices would actually reduce crude oil production.
With Trump's trade war weighing on the demand outlook, traders are bracing for an influx of Russian crude oil into the global market, and WTI crude oil is in the midst of its longest losing streak in nearly a decade.
The price of crude oil has been lingering at a low level. On the weekly chart, it closed with a bearish doji star, showing a double-bottom pattern. In the short term, the oil price is still fluctuating in the range below $68.5. If it fails to break upward in the future, there is a high probability of a continued decline.
USOIL Trading Strategy for Next Week:
Sell@67.7-68.3
TP:66-65
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
WTI Crude The Week Ahead 17th March '25WTI Crude INTRADAY bearish & oversold capped by resistance at $68,65
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TP 73 coming Oil now bottom in on every time scale is your want to trade best buying opportunity now long term targets 104$ per barrel short term tp 73 76 78 80 next on and on soo on reason of this upcoming pump is hidden
"US oil Spot / WTI" Energy Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US oil Spot / WTI" Energy market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (73.300) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
Stop Loss 🛑:
Thief SL placed at the recent / nearest low level Using the 2H timeframe (71.600) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
1st Target - 75.500 (or) Escape Before the Target
Final Target - 79.000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
🛢️"US oil Spot / WTI" Energy Market is currently experiencing a bullish trend,., driven by several key factors.
🔥Fundamental Analysis
- Supply and Demand: The current price is influenced by the balance between oil supply and demand. OPEC's production cuts and increasing demand from Asia are driving prices up ¹.
- Inventory Levels: US oil inventory levels are currently below the five-year average, contributing to the price surge.
🔥Macro Economics
- Inflation: Rising oil prices can contribute to inflation, which may lead to interest rate hikes and impact oil demand.
- Global Economic Trends: Economic growth, particularly in Asia, is driving up oil demand and prices.
🔥COT Data
- Non-Commercial Traders: Currently holding a net long position, indicating a bullish sentiment.
- Commercial Traders: Holding a net short position, possibly hedging against potential price drops.
🔥Seasonal Analysis
- Historical Price Patterns: Oil prices tend to be higher during the summer months due to increased demand.
🔥Market Sentimental Analysis
- Investor Sentiment: Currently leaning towards a bullish outlook, driven by escalating crude oil prices and increasing demand.
- Market Positioning: Investors are optimistic about oil's potential, with some expecting a breakout above $75.
🔥Next Trend Move
- Potential for an Upward Movement: With increasing demand and supply constraints, oil prices may continue to rise.
🔥Overall Summary Outlook
Considering the current price of 72.500, USOILSPOT is expected to maintain its upward momentum, driven by increasing demand and supply constraints. However, investors should be cautious of potential price volatility and geopolitical events that may impact oil prices.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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USOILWe can attempt to short USOIL from specified level as it make LH , also 0.5 FIB Level occur indicate that it moves downward.
SL , TP mention in chart.
Crude - 1 hr - Trendline break??Crude is trying to hold breakout of the hpurly trendline that had been in force since 20 feb
Staying above can rally towards 71, then 73
WTI Crude INTRADAT bearish below 6865The WTI Crude Oil price action sentiment appears bearish, reinforced by the prevailing long-term downtrend. The recent price action indicates a potential oversold rally, approaching a critical resistance zone.
Key Levels and Price Action
The primary trading level to watch is 68.65, representing the current intraday swing high and falling resistance trendline. An oversold rally towards this level, followed by a bearish rejection, could confirm continued downward momentum. In this case, the next downside support targets are at 66.04, 65.34, and 64.80 over the longer timeframe.
On the other hand, a decisive breakout above the 68.65 resistance level, confirmed by a daily close, would invalidate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 69.30 and 70.12.
Conclusion
The sentiment remains bearish as long as the 68.65 resistance level holds, with potential downside targets at 66.04, 65.34, and 64.80. A confirmed breakout above 68.65 would shift the outlook to bullish, paving the way for potential rallies toward 69.30 and 70.12. Traders should carefully watch the price action around the 68.65 level to assess the next directional move.
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.
Crude oil builds a base after a downtrendCrude oil is consolidating in a narrow coil after a medium-term downtrend. As the position of the price is close to the lower border of the bollinger bands, and below the fair price of $70 (that’s a supply/demand equilibrium according to the STEO forecast), the neckline of a current formation can be broken to the upside should the price come closer to it and tries to initiate a test.
The mean-reversion scenario with the price touching 70 is a dominant scenario, though, the downside reversal is also possible, as Crude oil is still under pressure.
Political talks and statements may impose volatility and change the direction of the price at any time, as the market operates under increased uncertainty and volatility. Be careful and manage your risks at all times!
Don't forget - this is just the idea, always do your owr research and never forget to manage your risk!
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 idea, not advice, trade on your own risk.
Oil Downside To Continue TodayI'm selling WTI contracts today, a few technical reasons, and generally trading with the current momentum.
Stop will trail. Lets see how we go!
USOIL latest analysis of profitable trading signalsDuring the US trading session on Thursday, US crude oil fell in a narrow range and is currently trading around $67.13 per barrel, holding most of the gains in the previous two trading days. Previously, oil prices had rebounded for two consecutive trading days. The latest monthly report released by the Organization of Petroleum Exporting Countries (OPEC) on Wednesday showed that the organization maintained its forecast for global oil demand growth in 2025 and 2026, which is expected to increase by 1.45 million barrels per day and 1.43 million barrels per day respectively. The current crude oil market is supported by factors such as the decline in US inflation and the recovery of market sentiment in the short term, and prices have rebounded.
Analysis: From the daily chart level, the medium-term trend of crude oil remains in a wide upward channel, and oil prices gradually fall back to the lower edge of the channel. There have been many cases where one trading day swallowed up all the gains in the previous week, and the short-selling forces are more dominant. The medium-term trend of crude oil maintains a range of oscillations and downward, and the lower edge of the channel has been broken. It is expected that the medium-term decline of crude oil will start soon. The short-term trend of crude oil (1H) continues to consolidate at a low level, and the oil price gradually tests from the bottom of the range to the upper edge of the range, with the range range between 68.80-65.20. The short-term objective trend direction is oscillating rhythm. It is expected that the trend of crude oil will be resisted at the upper edge of the range during the day, and the probability of falling back downward is high. On the whole, He Bosheng recommends that the operation strategy of crude oil today is mainly to rebound high and to step on lows as a supplement. The short-term focus on the upper resistance of 68.3-68.8 and the short-term focus on the lower support of 66.0-65.5. FX:USOIL FOREXCOM:USOIL TVC:USOIL
