WTI Crude Oil 4H Chart – Bullish Setup from Demand Zone📈 Current Price: $61.74
🔵 Key Zones & Levels
🔹 Demand Zone (Buy Area):
🟦 $59.48 – $61.39
→ Price expected to bounce here
→ 🔄 Potential reversal zone
🔹 Entry Point:
🎯 $61.39
→ Ideal level to enter LONG
→ Just above demand zone
🔹 Stop Loss:
🛑 Below $59.48
→ Exit if price drops here
→ Protects cap
OIL: A Bearish Setup And Geopolitical UncertaintyOIL: A Bearish Setup And Geopolitical Uncertainty
Today Oil is showing a clear bearish pattern development but it comes with a high risk from a fundamental perspective.
Technical analysis:
The price faced a strong resistance near 64 - 64.80 from where it moved down several times. The Chart is sho
USOIL Will Fall! Short!
Take a look at our analysis for USOIL.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 60.503.
Taking into consideration the structure & trend analysis, I believe that the market will reach 5
OIL: Short Term Bullish Setup - Very RiskyOIL: Short Term Bullish Setup - Very Risky
The trading setup we have for OIL carries a high risk as it has been moving against news reports on war or OPEC topics for days.
However, OIL faced a strong support zone near 60, thus increasing the chances of further growth. Perhaps the situation in GAZ
USOIL Today's Trading Strategy:Recent oil prices have been extremely volatile. On the supply side, OPEC+ has continued to increase production since June, with output hikes sustained over the past few months. This has led to a surplus in crude oil supply, exerting downward pressure on prices. Additionally, U.S. shale oil productio
WTI Oil H4 | Pullback support at 50% Fibonacci retracementWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 59.71 which is a pullback support that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 57.50 which is a level that lies underneath a swing-low support.
T
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 h
USOIL Today's Trading StrategyFrom the demand side, although U.S. crude oil inventories are currently rising and oil product demand is declining, the summer driving season is approaching, and gasoline consumption is expected to increase significantly—a yearly pattern. For example, during summer, increased driving leads to more p
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Displays a symbol's price movements over previous years to identify recurring trends.