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CFDs on WTI Crude Oil

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USOIL trade ideas

CRUDE OIL Bullish Breakout! Buy! Hello,Traders! CRUDE OIL is making a bullish Correction from the lows and The price made a bullish Breakout of the key horizontal Level of 60.10$ then made a Retest and a rebound so we Are bullish biased and we will Be expecting a further bullish Continuation on Monday Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TVC:USOILLong
by TopTradingSignals
1
US-Oil will further push upside After Testing TrendlineAt present, the price of crude oil is above the key technical level, and the geopolitical sentiment has also become more favorable, so the short-term outlook for crude oil is bullish. If the upcoming Sino-US meeting leads to a relaxation of trade tensions, the upward momentum is likely to accelerate. Unless OPEC+ unexpectedly increases the supply, the target for the next few trading days may be set at $63 and higher. Crude oil opened lower this week and then rebounded. The weekly candlestick closed as a large positive candlestick, approaching the resistance of the 5-week moving average. On the daily chart, after the second pullback, the price rebounded upwards without breaking the low point. $64.80 is a key watershed. Below this level, there is still a possibility of a bearish trend. In the short term, the trend is bullish. Overall, it is expected to rise first and then fall next week. Pay attention to the resistance at $63.50 and go short, and set the stop-loss with the position of $64.80 for a bearish outlook. you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
TVC:USOILLong
by HilaryBloomer
WTI - Technical Setup Points to April HighsThe US Light Crude chart is displaying promising bullish momentum after establishing a significant double bottom at the $56 support zone. Following a sharp recovery from recent lows, the price has broken above key resistance levels and is currently trading around $61,27 with the green arrow indicating potential continuation to the upside. Technical patterns suggest there is a higher probability that crude oil prices will extend this rally toward the local top formed on April 23rd near $65, completing a broader recovery pattern. With strengthening momentum indicators and improved market sentiment, this upward move appears well-supported, especially if crude can maintain position above the current consolidation range and continue forming higher lows on the daily timeframe. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:WTILong
by financialflagship
USOIL What Next? SELL! My dear subscribers, This is my opinion on the USOIL next move: The instrument tests an important psychological level 60.99 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 58.63 My Stop Loss - 62.11 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. 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
TVC:USOILShort
by AnabelSignals
1
USOIL: Oscillating and Declining within the RangeFor USOIL, its short-term trend has rebounded after hitting the bottom again. The oil price has repeatedly crossed the moving average system, and its objective short-term trend is in a sideways oscillation. Overall, it has formed a wide fluctuating range in its rhythm. In the early trading session, the oil price oscillated above the range, showing signs of insufficient upward momentum. It is expected that the intraday trend of crude oil will mainly fluctuate within the range.   USOIL sell:60.5-61.5 tp:59.5-58.5 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.
TVC:USOIL
by H_C_12
USOIL Bulls Eye Breakout – Can Momentum Carry It to $64The 4-hour chart of USOIL shows a market that has recently experienced a sharp decline, followed by a consolidation phase near a key support level. This key support zone is clearly defined at 55.21 USD, where the price found strong buying interest and bounced back up. From there, the market started to climb, attempting to form a potential short-term bottom. The price is now approaching a previous trendline, which used to act as support during the uptrend and is now being retested as resistance. This retest area overlaps with horizontal resistance at around 60.00 USD, making it a critical decision zone. The two red arrows in the image mark failed attempts to break higher, indicating sellers are still active at this level. If the price manages to break through this resistance with strength, the next likely objective is Target 1, set at 64.76 USD. This level coincides with the prior support that was broken during the selloff and could now act as a strong resistance. Beyond that, Target 2 at 72.44 USD marks a major resistance zone from which the last downtrend began. From a trade setup perspective, the chart suggests a bullish opportunity: The entry is near 59.98 USD, just above the short-term consolidation area, ideally after a breakout. The stop loss is placed just below the recent swing low, at around 57.82 USD, providing room for volatility without exposing the trade to unnecessary risk. The take profit is positioned at 64.76 USD, giving this trade a clear structure with a risk-to-reward ratio of about 1:3.75, which aligns well with strong risk management principles. Additionally, the MACD indicator at the bottom supports the bullish bias. It shows a recent crossover of the MACD line above the signal line, with a rising histogram—indicating building upward momentum. In summary, this chart presents a well-structured bullish setup with a favorable risk-to-reward ratio, clear entry and exit levels, and supporting momentum signals. However, the region around the trendline retest remains crucial. A strong close above this zone would confirm the breakout, while another rejection could signal the need for caution or reevaluation.
FX:USOILLong
by SupertradeOfficial
2
Latest Strategic Positioning for Crude OilDuring the US trading session, crude oil prices declined for the second consecutive trading day after rebounding from intraday lows and encountering resistance. The commodity traded at $60.42 per barrel, representing a 1.87% daily loss. Per the Commitments of Traders (COT) report released last Friday, there exists a moderate divergence in sentiment between managed funds and asset management firms regarding WTI crude oil futures. While both investor categories maintain net long positions, over the prior two weeks, managed funds reduced their net long exposure by approximately 20,000 contracts, whereas large speculators increased their net long positions by 10,000 contracts. Technically, crude oil exhibited a "rally-and-reversal" pattern today, retreating under selling pressure near the $61.7 resistance zone before stabilizing and rebounding around $60.0. Current price action indicates a range-bound oscillation, with bullish stabilization probabilities contingent on the $60.0 support level holding firm. In summary, crude oil remains trapped in a narrow consolidation phase, with overhead resistance levels retaining dominance. For today's trading strategy, a "rebound shorting-first" approach is recommended, complemented by tactical long positions on dips. Key resistance lies between $61.7-$62.5, while support zones are identified at $60.0-$59.0. 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.
TVC:USOILLong
by Ashbur
Crude Oil – Geopolitical Risks and Stockpiles Impacting PricesThe recent reduction in global trade tensions has helped Crude Oil (WTI) prices recover from lows of 55.64 seen on May 5th, to trade comfortably above 60 for the last 2 weeks. Traders have readjusted their thinking and positioning to account for a slightly more stable background for the global economy, and its potential influence on upcoming demand for Oil. However, despite this, tests of the recent highs at 65.33, seen on April 23rd, have been few and far between, although yesterday saw a spike in Crude Oil prices up to a 1 month high of 64.60 on a CNN report that suggested that Israel has drawn up plans to attack Iran's nuclear facilities. While prices have since moved lower again, the market reaction to this news does highlight the sensitivity of traders to any potential escalation in geopolitical risks in the region. It is also important to remember that traders are still awaiting updates on progress from US/Iran talks to curb Iran's nuclear activities. President Trump only a week ago said a deal was getting close, while Iran's top negotiator has seen shed some doubt over whether that's the case. Either way, updates on both of these crucial events may well influence Crude Oil prices moving forward. Adding to yesterday's volatile moves was a weekly report providing an update on the size of US Oil inventories which always grabs the attention of traders. Yesterday's release quickly dashed any hopes of a fresh move to test higher levels as it outlined an increase in stockpiles to 10 month highs and a fall in gasoline demand, which saw prices fall back lower (61.71 low) into the recent trading range. This extra volatility within the recent trading range sets up a potentially tense finish to the week for Crude Oil prices, so its often useful to check out the technical landscape for further insight. Technical Update: Evidence Points to a Sideways Range Since the sharp acceleration lower into the 55.20 April 9th 2025 low, Crude Oil has seen a consolidation emerge, with the mid-April recovery finding resistance at 65.15, which is equal to the 38.2% Fibonacci retracement of January 15th to April 9th 2025 weakness (see chart below). This activity looks to have established both upper and lower extremes of a sideways range in price, especially as the latest price movement has been held within these levels, which are 65.15 to the upside and 55.20 to the downside. Within technical analysis, this highlights something of a ‘battle’ between buyers and sellers, where price weakness is supported by buyers at or just above the 55.20 low, while price strength runs into resistance, as sellers continue to be found near the 38.2% retracement level at 65.15. Adding Bollinger Bands To Support Trading Decisions Now look at the chart below, where we include Bollinger bands alongside price action. This also appears to support an argument that a sideways trading range is forming. The mid-average is currently flat with both the upper and lower Bollinger bands parallel to it, outlining that balanced price volatility is evident for now. This suggests the sideways range may well continue with the upper band, currently at 64.77 and the lower band, currently at 57.36. We could argue that with the proximity of both the 65.15 Fibonacci retracement resistance to the upside, and the 55.20 April 9th low to the downside, upper extremes of the current range are 64.77/65.15, and lower levels of the current range are between 55.20/57.36. What Could This Mean for Crude Oil? For now at least, from a technical perspective the risks appear for the price of Crude Oil to remain within the confines of the current 55.20/57.36 up to 64.77/65.15 trading range, as there is no evidence emerging of an imminent breakout yet. A closing breakout from the current range is required to suggest potential for a more extended phase of price movement,. Of course, while any closing break is not a guarantee of a sustained move in the direction of the eventual break, any closes above 65.12/15 might see traders anticipate a further recovery in price towards 68.13, which is equal to the 50% Fibonacci retracement, even 71.17, the higher 61.8% level. To the downside, closes below the 55.20/57.30 lower daily Bollinger band and April 9th price low, might now be needed to skew possibilities towards a more extended phase of weakness. Such activity might then suggest potential for further downside, towards 51.38, which was a price low established in January 2021. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:SPOTCRUDE
by Pepperstone
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!
ICMARKETS:XTIUSDShort
by SibiSh
Will Middle East Tensions Ignite a Global Oil Crisis?The global oil market faces significant turbulence amidst reports of potential Israeli military action against Iran's nuclear facilities. This looming threat has triggered a notable surge in oil prices, reflecting deep market anxieties. The primary concern stems from the potential for severe disruption to Iran's oil output, a critical component of global supply. More critically, an escalation risks Iranian retaliation, including a possible blockade of the Strait of Hormuz, a vital maritime chokepoint through which a substantial portion of the world's oil transits. Such an event would precipitate an unprecedented supply shock, echoing historical price spikes seen during past Middle Eastern crises. Iran currently produces around 3.2 million barrels per day and holds strategic importance beyond its direct volume. Its oil exports, primarily to China, serve as an economic lifeline, making any disruption profoundly impactful. A full-scale conflict would unleash a cascade of economic consequences: extreme oil price surges would fuel global inflation, potentially pushing economies into recession. While some spare capacity exists, a prolonged disruption or a Hormuz blockade would render it insufficient. Oil-importing nations, particularly vulnerable developing economies, would face severe economic strain, while major oil exporters, including Saudi Arabia, the US, and Russia, would see substantial financial gains. Beyond economics, a conflict would fundamentally destabilize the geopolitical landscape of the Middle East, unraveling diplomatic efforts and exacerbating regional tensions. Geostrategically, the focus would intensify on safeguarding critical maritime routes, highlighting the inherent vulnerabilities of global energy supply chains. Macroeconomically, central banks would confront the difficult task of managing inflation without stifling growth, leading to a surge in safe-haven assets. The current climate underscores the profound fragility of global energy markets, where geopolitical developments in a volatile region can have immediate and far-reaching global repercussions.
FX_IDC:USDWTILong
by UDIS_View
Oil bearish trend resumesI believe that we have been in a slow oscillating move to the high of $64.50. Which is a previous resistance area. The flash news of Israel planning on attacking Iran nuclear facilities caused a rally on the daily open. The markets viewed that this appears to be very unlikely to occur. Price then hit the daily resistance area and started to fall since reaching these highs. Today the build on oil inventories appears to have sealed oils fate and the downward pressure has continued.
OANDA:WTICOUSD
by mustafabeercan
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.
TRADU:USOILLong
by Tradu
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 :)
CMCMARKETS:USCRUDEOILShort
by tarati.lorenzo
USOIL Temporary Drop seems inevitableOn Thursday, WTI crude oil futures prices fell approximately 3.5% during the session, extending losses after failing to test technical resistance levels. The decline was jointly driven by heightened expectations of a U.S.-Iran nuclear agreement and unexpected increases in crude oil inventories, both of which exerted heavy pressure on supply outlooks. Nevertheless, market analysis suggests the downside for the U.S. dollar may be limited. Improved global trade sentiment has reduced recession fears, leading markets to scale back expectations for aggressive Federal Reserve rate cuts. Data shows the probability of a 25-basis-point rate cut by the Fed in September is now 74%, down from earlier predictions of a July cut. Crude oil continued to decline today, breaking the previous upward pattern, with a high probability that prices will trade in a broad range going forward. Overall, the magnitude of the decline has increased, suggesting a higher likelihood of further downside. Today's trading strategy considers shorting on rebounds as the primary approach, while waiting for long opportunities at lower levels. Resistance is focused on the $62.0–63.0 area, with support at $60.0–59.0. you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
TVC:USOILShort
by HilaryBloomer