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: 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 Hope this helps you
### Factors Influencing Long Positions in Crude Oil
#### Seasonal Demand Growth
Summer typically sees a surge in crude oil demand as increased travel and industrial activities drive up consumption. For example, gasoline demand in the U.S. rises significantly during summer due to higher public
Oil Price Stuck Near $60 Amid Geopolitical TensionsOil Price Stuck Near $60 Amid Geopolitical Tensions
Oil prices remain near $60, driven by global uncertainty. In the Middle East, tensions persist as Israel continues its military actions in Gaza. Meanwhile, the war between Ukraine and Russia continues despite U.S. efforts to mediate. Reports indi
WTI OIL Rejection on 1D MA50 aims at $56.50.WTI Oil (USOIL) has been trading within a 13-month Channel Down pattern and is currently under heavy pressure by multiple Resistance levels.
The immediate one is the 1D MA50 (blue trend-line), which has its most recent rejection last Wednesday (May 21) and as you can see, the price has failed to br
USOIL next week trend analysis, hope it helps youLimited support on the demand side
- Seasonal factors: The U.S. summer travel peak has begun, with gasoline demand increasing by approximately 3% month-on-month, but warm winter conditions have caused heating oil consumption to decline by 5% year-on-year .
- Economic outlook: Expectations for a slow
Crude oil is moving upward again, testing 63 today
💡Message Strategy
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) met at their headquarters in Vienna on Wednesday to assess the current oil market situation. WTI crude oil prices climbed above $62 as OPEC+ said there would be no immediate change to current produc
Potential bullish rise?WTI Oil (XTI/USD) has bounced off the pivot and could rise the 1st resistance which is a pullback resistance.
Pivot: 61.68
1st Support: 60.72
1st Resistance: 63.49
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can affor
USOIL Today's Trading Strategy Hope this helps you
The situation in the Middle East remains highly tense, with the Iran nuclear negotiations stalled and U.S. sanctions against Iran still in place. The two sides have significant differences on key issues such as nuclear facility inspections and conditions for lifting sanctions. Israel's military thr
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Displays a symbol's price movements over previous years to identify recurring trends.