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USOILSPOT trade ideas

Hellena | Oil (4H): SHORT to support area of 55.204.Colleagues, I believe that the price will continue its downward movement. At the moment we are observing a combined correction. I expect the completion of wave “Y”. Even if it is already completed, the price is still waiting for a downward correction to the support area of 55.204. Therefore, I think that 55.204 is the 1st minimum target. There are two possible ways to enter the position: 1) Market entry 2) Pending Limit orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
19
WTI Crude Oil Bearish Reversal Setup – Short from Resistance ZonEntry Point: 62.66 USD Stop Loss: 65.26 USD Target Point (Take Profit): 55.09 USD Indicators: EMA 200 (blue): 60.92 USD — long-term trend indicator EMA 30 (red): 60.75 USD — short-term trend indicator Analysis: 1. Bearish Setup: The price is approaching a key resistance zone marked by the purple shaded area near 62.66. The strategy is to short from this level, anticipating a drop to the 55.09 target area. 2. Risk/Reward: Risk (SL - Entry): 65.26 - 62.66 = 2.60 USD Reward (Entry - TP): 62.66 - 55.09 = 7.57 USD Risk-to-reward ratio: ~1:2.9, which is favorable. 3. Support/Resistance Confirmation: Multiple touches at the resistance zone (or
TVC:USOILShort
by EA_GOLD_MAN_COPY_TRADE
9
The new US sanctions on Iranian oil have set off the marketThe Trump administration announced a new round of sanctions on Iran's oil exports 😡, aiming to increase pressure on Iran by ramping up efforts when the tensions over Iran's nuclear program are intensifying 🚫. A statement from the US Treasury Department said that President Trump was stepping up the "maximum pressure" campaign and trying to reduce Iran's oil exports to zero 💀. Driven by concerns over the global supply tightness after the US imposed new sanctions on Iran, oil prices have risen 📈. 💰💰💰 USOIL💰💰💰 🎯 Buy@63.0 - 63.5 🎯 TP 64.0 - 66.0 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗 👇The accuracy rate of our daily signals has remained above 98% within a month! 📈 We sincerely welcome you to join our channel and share in the success with us! 🌟
TVC:USOILLong
by PearlMichael
1
XTI/USD "WTI LIGHT CRUDE OIL" Heist Plan (Scalping/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XTI/USD "WTI LIGHT CRUDE OIL" Energy market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout (64.00) 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 for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📍 Thief SL placed at the recent/swing low level Using the 1H timeframe (59.00) Day trade basis. 📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 68.70 🧲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 💰. 🛢️ XTI/USD "WTI LIGHT CRUDE OIL" Energy Market Heist Plan (Scalping/Day) is currently experiencing a bullishness,., driven by several key factors. ☝☝☝ 📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Seasonal Factors, Intermarket Analysis, Inventory and Storage Analysis, Sentimental Outlook, Future trend targets and Overall outlook score..., Go ahead to check 👉👉👉🔗 ⚠️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 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
FXOPEN:XTIUSDLong
by Thief_Trader
2
WTI CRUDE OIL: Channel Down bottomed. Buy opportunity.WTI Crude Oil is heavily bearish on its 1D technical outlook (RSI = 38.039, MACD = -2.310, ADX = 38.046) as it is trading inside a Channel Down for more than 1 year. Last week's low has made a technical LL at the bottom of the pattern and the current consolidation indicates that this may be an attempt to initiate the new bullish wave. The 1D RSI recovered from being oversold previously and this potentially hints to a rebound over the 1D MA200. The last bullish wave crossed above the 0.618 Fibonacci marginally. Trade: long, TP = 71.00. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
WTI Oil Inverse Head & Shoulders looking for a 4H MA50 break-outWTI Oil (USOIL) has formed an Inverse Head and Shoulders (IH&S) pattern, which is a technical bottom formation that signals the trend change to bullish. So far the move is limited by the 4H MA50 (blue trend-line) which has 2 rejections already and is keeping the bullish break-out from happening. If the market closes a candle above the 4H MA50, we will have a bullish confirmation signal. Our Target will be the 1.618 Fibonacci extension at $69.00 and not higher, because the long-term trend is limited by the wider Lower Highs trend-line of January. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 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 TradingShot
Crude rallies on Trump China trade optimism, WTI test key levelCrude oil prices were already on the ascendency but have just hit fresh highs on the day after the latest Trump remarks: WILL MAKE GOOD DEAL WITH CHINA WE WILL HAVE A DEAL WITH CHINA But... *TRUMP SAYS HE'S IN 'NO RUSH' TO CLOSE DEALS Anyway WTI has risen to session highs, now testing a major resistance area around $65 give or take $1. The area is shaded on the chart. If we go above this zone then bullish, else the bears remain in control. By Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:USOIL
by FOREXcom
Oil Market Watch: Corrective Patterns, Geopolitical Triggers So far, there have been no deviations from the expected scenario. The price appears to be forming a corrective pattern around a critical trendline. Last week, we anticipated movement under the "red scenario," but the "black scenario" now seems more likely. However, post-Iran news developments might still push us toward the red path. The delayed ultimatum in Iran negotiations and optimistic comments about progress could trigger a downward move. Next, either breakthroughs with Russia or a continued S&P 500 decline (dragging oil lower) will shape the trajectory. News serves as context for reflection, not direct trading cues.
TVC:USOIL
by Fomenka
6
Why Oil Could Gap Down on Monday▫️ Context Amid ceasefire news 🕊️ and my dissatisfaction 😤 with the previous wave count, I spent 3 hours ⏳ searching for options with a sharp drop on Monday ⬇️. ▫️ What I Found 1️⃣ Complex Wave Count 🧩: To understand the wave logic, zoom in 📊. 2️⃣ Elliott Wave Rules 🧠⚡: Interpreting them correctly is like soldering a circuit board without instructions 🔧. 3️⃣ Why Now? 🌟: It’s nearly impossible during the week (market volatility + time pressure), but weekends are perfect 🛋️. ▫️ Takeaways → Glad we held short positions over the weekend 🤞. → News is overwhelmingly positive 📰 (but bearish for oil due to tariffs). → In a correction, keep positions aligned with the trend.
TVC:USOIL
by Fomenka
Potential bullish rise?WTI Oil (XTI/USD) has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance. Pivot: 62.09 1st Support: 58.07 1st Resistance: 66.63 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.
ICMARKETS:XTIUSDLong
by ICmarkets
OIL Approaching Critical Resistance –Will Bulls Hold Control?🔍 Price has broken above the 62.94 resistance and is now approaching the 65.75 resistance. Momentum is bullish, but the next move depends on how price reacts at this level. 📌 Marked Zones: • Resistance: 65.75 ❌ | 68.70 🔼 | 71.88 🔼 • Support: 62.94 ⚠️ | 59.17 🔽 | 55.15 🔽 📈 Scenarios: • Bullish Bias: A clean break and retest above 65.75 could open the way to 68.70. • Bearish Bias: Rejection from 65.75 or failure to hold above 62.94 may lead to a drop toward 59.17. 📘 This is not financial advice. Always trade your plan.
EASYMARKETS:OILUSD
by SPOT_FX
USOIL Long Setup: Targeting $69 – Bullish Momentum in PlayUSOIL Long Setup Analysis: Targeting $69 with Bullish Momentum Technical Analysis: The current price action shows USOIL trading at $70.51, demonstrating a recovery from a key liquidity pool zone. Technical indicators support this bullish outlook, with the 50-day SMA at 69.34 and 200-day EMA at 69.32, creating a strong foundation for upward momentum. The RSI reading of 57.82 indicates growing bullish momentum without being overbought, suggesting room for further upside. The ATR value of 0.29257 shows significant volatility, which could facilitate quick price movements toward our target. Fundamental Drivers: Several fundamental factors support this bullish setup: Geopolitical tensions in the Middle East are creating potential supply disruption concerns, which supports higher prices in the near term. OPEC+ production cuts are maintained through December, providing a floor for prices and supporting the bullish case. This supply constraint helps maintain price stability and potential upward pressure. The EIA's Short Term Energy Outlook projects tighter market conditions, with prices expected to average $75 per barrel in the third quarter of 2025, supporting our bullish thesis. Sentiment Analysis: Market sentiment indicators provide additional confirmation: Institutional positioning through COT reports shows significant activity from large speculators and hedge funds, indicating strong institutional interest in the market. Analysts maintain a bullish outlook, forecasting Brent crude to average $80 per barrel in Q4 2024, suggesting broader market confidence in higher prices. The combination of technical indicators and fundamental factors has created a positive sentiment environment, supported by institutional outlooks derived from market reports. Price Target Rationale: The $69 target is well-supported by: Technical support from the 50-day SMA (69.34) and 200-day EMA (69.32) EIA's forecast of $68 per barrel, providing a fundamental basis The current price action showing recovery from support levels with increasing momentum Market structure suggesting potential for continued upward movement Risk Considerations:Monitor potential market surplus projected for early 2025 Watch for changes in OPEC+ compliance with production cuts Keep track of geopolitical developments that could impact price volatility Consider the impact of China's economic recovery on demand dynamics This setup provides a balanced risk-reward opportunity, supported by technical, fundamental, and sentiment factors, with clear support levels and upside potential aligned with major forecasts.
FX:USOILLong
by FtradeFXArabic
9
Bearish reversal off pullback resistance?USO/USD is rising towards the resistance level which is a pullback resistance that lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 65.91 Why we like it: There is a pullback resistance that lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement. Stop loss: 68.48 Why we like it: There is an overlap resistance level that lines up with the 78.6% Fibonacci retracement. Take profit: 62.74 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
Bullish bounce?USO/USD has bounced off the support level which is an overlap support and could potentially rise from this level to our take profit. Entry: 60.95 Why we like it: There is an overlap support level. Stop loss: 60.01 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci projection. Take profit: 63.27 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
Oil Trends: Mid - Term Downward, Short - Term Breakout HintsFrom the perspective of the daily chart of crude oil, the moving average system in the medium-term trend is arranged downward, indicating that the objective direction of the medium-term trend is downward. After the oil price reached a low of 55.20, there have been frequent alternations between bullish and bearish forces. In the medium term, the bearish momentum is being accumulated, and it is expected that the price will further decline to the 50 mark in the later stage. In the short term (1-hour chart), the crude oil price has been fluctuating within a narrow range for three trading days at the position of the right shoulder of the embryonic head-and-shoulders bottom pattern, and the proportion between the left and right shoulders is gradually becoming unbalanced. During the correction rhythm in recent days, the volatility of the oil price has gradually narrowed, and the market is waiting for the direction of the breakout. It is expected that there is a relatively high probability of a slight upward movement of crude oil within the day. USOIL buy@60.5-61 tp:61.5-62.5 Investment itself doesn't carry risks; it's only when investment is out of control that risks arise. 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.
TVC:USOILLong
by SterlingOracle
Oil slumps as demand outlook dims and supply risesMacro: - Oil prices stay weak as trade war fears weigh on global growth and energy demand. - The IEA cut its 2025 oil demand growth forecast to just 730k bpd, the slowest pace in five years, down from 1.03 mln. - Meanwhile, OPEC+ output is rising, with Saudi Arabia set to boost exports to China in May and Russia maintaining steady production, fueling oversupply concerns. Technical: - USOIL is in a clear downtrend fueled by lower highs and lows. The price is below both EMAs, indicating persistent downward momentum. - If USOIL closes above the resistance at 63.30, the price may retest the following resistance at 65.80. - On the contrary, remaining below 68.30 may pave the way to retest the support at 57.25 and 53.85, respectively. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
FX:USOILSPOT
by DatTong
Bearish reversal?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 65.92 1st Support: 62.37 1st Resistance: 68.53 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.
ICMARKETS:XTIUSDShort
by ICmarkets