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WTI Crude Oil bullish on geopolitical riskWTI Price: Trading around $74.60, extending gains in European trading hours. Key Drivers Today: Geopolitical Risk: Tensions between Israel and Iran are rising. Trump called for Iran’s “unconditional surrender,” increasing fears of US involvement. Iran may shut the Strait of Hormuz — a key oil shipping route — which could disrupt supply and push prices higher. Bullish API Inventory Data: US crude stockpiles dropped by 10.1 million barrels last week (vs. -0.6M expected). Signals strong demand or tighter supply, adding bullish pressure to WTI. Trading Implication: Geopolitical risk + surprise inventory draw = bullish bias for WTI. Watch for momentum toward $77.20 resistance, with support near $71.80. Eyes now on EIA data for confirmation and any new Middle East headlines for further upside. Key Support and Resistance Levels Resistance Level 1: 77.20 Resistance Level 2: 7940 Resistance Level 3: 82.00 Support Level 1: 71.80 Support Level 2: 70.00 Support Level 3: 69.00 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.
TRADENATION:WTI
by TradeNation
USOIL FUNDAMENTALS AND TECHNICALS USOIL (WTI Crude) is currently trading near the 72.00 level and is setting up for a potential breakout from a long-standing descending channel on the higher time frame (3D chart). Price has approached the upper boundary of this bearish channel after a strong bullish rally in recent sessions. This indicates growing bullish momentum, and any sustained breakout above the descending trendline could open the path toward the 98.00 zone, a major structural target based on previous price action and Fibonacci projections. The recent bullish surge in crude oil prices has been fueled by a combination of supply-side constraints and renewed optimism around global demand. OPEC+ continues to show discipline in supply management, and geopolitical tensions in oil-producing regions are adding risk premiums. Furthermore, the Fed’s recent signals of a potential pause in tightening, combined with an improving outlook for Chinese demand recovery, are creating a supportive environment for commodities, particularly oil. These fundamental tailwinds align with the technical structure hinting at an upside breakout. Technically, USOIL has broken back above a critical mid-channel support level and is now challenging the descending resistance line. The most recent impulsive candles suggest strong buyer conviction. If this momentum holds, we could see a retest followed by continuation toward the 98.00 psychological level. The structure also supports a higher low formation, which is another bullish signal for long-term traders watching the macro channel breakout. From a trading standpoint, this setup is high probability with a well-defined invalidation zone below 65.00. The confluence of macro catalysts, technical breakout formation, and seasonal demand trends makes this a compelling bullish opportunity. I am closely monitoring price action for confirmation to go long on the breakout and ride the potential wave toward the upper supply region near 98.00. U
TVC:USOILLong
by AndrewsMarket-Mastery
6
USOIL:A long trading strategy Oil prices also fell sharply under the stimulus of the news, and then completed the correction rebound in the sub-session, and now back to around 71 again. The current trend is in the upward rhythm of the main trend, and it is expected that the trend of crude oil will be mainly in the form of shock consolidation. Trading ideas than yesterday did not change too much, adjust the appropriate profit point. Trading Strategy: BUY@70.5-70.8 TP: 71.8-72.3 ↓↓↓ More detailed strategies and trading will be notified here ↗↗↗ ↓↓↓ Keep updated, come to "get" ↗↗↗
TVC:USOILLong
by Boooob_
USOIL 1 - Hour Chart AnalysisUSOIL 1 - Hour Chart Analysis Key Levels Support: ~69.50 (short - term), 67.70 (critical backup). Resistance: 73.50 (major hurdle, tested before). Trend, Pattern & Middle East Conflict Price oscillates between support/resistance, with a potential “V - shaped reversal”. Middle East conflicts add high uncertainty: Escalation: Fears of supply cuts could push price above 73.50 rapidly. De - escalation: May pressure price down, but 67.70/69.50 still get support from lingering supply - risk worries. Trading Strategies Bullish: If 69.50 holds (e.g., long lower shadows/bullish candles), small - size long. Target 73.50; stop - loss ~69.20. Watch for sudden conflict news. Bearish: If 69.50 breaks (consecutive closes below), short. Target 67.70; stop - loss ~69.80. Stay alert to conflict updates. Note: Oil prices hinge on supply - demand, Middle East tensions, and the USD. Combine tech/fundamental analysis; manage risk strictly. ⚡️⚡️⚡️ USOil ⚡️⚡️⚡️ 🚀 Buy@ 70.50 - 71.00 🚀 TP 73.00 - 74.00 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
MARKETSCOM:USOILLong
by Sovereign_1
WTI Oil H1 | Falling toward a pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 73.31 which is a pullback support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 70.90 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement. Take profit is at 77.60 which is a 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 ): 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 ): 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 ): 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
The best opportunity is when crude oil falls 💡Message Strategy Crude oil futures fell in the European session on Monday (June 16), giving up earlier gains, as a new round of hostilities between Israel and Iran had limited impact on oil production and exports. WTI briefly rebounded to $77.49, close to last week's high, which was also our second profit target, but failed to break through the key resistance level near $78.09. Oil prices surged 7% on Friday, driven by geopolitical risks, pushing crude to its highest level since January. However, Monday's reversal reflected the lack of immediate threats to supply routes, especially the strategically important Strait of Hormuz. If Iran's production drops sharply due to the conflict, the global oil supply buffer will be quickly exhausted and oil prices may usher in a new round of surges. Faced with this complex situation, investors, oil-producing countries and consumers need to be prepared to meet the possible energy storm. This is also the reason why we repeatedly emphasize that crude oil should be long when it falls. We can foresee its upward momentum, and the pullback is only in a moment without any signs. 📊Technical aspects The short-term (1H) trend of crude oil continued to fluctuate upward, and the price near 74 was tested. The moving average system relies on the bullish arrangement of oil prices, and the short-term objective trend direction remains upward. In the morning, the oil price hit a new high near 75.30, and then fell back and closed with a negative real candlestick. The short-term momentum is still bullish, and it is expected that the trend of crude oil will continue to maintain a high-level oscillating upward rhythm. 💰 Strategy Package Long Position:69.50-70.50 The first target is around 73.00 The second target is around 75.00
TVC:USOILLong
by TheodoreSilas
WTI crude oil Wave Analysis – 17 June 2025 - WTI crude oil reversed from round support level 70.00 - Likely to rise to resistance level 78.00 WTI crude oil recently reversed from the round support level 70.00 coinciding with the upper trendline of the recently broken up channel from May. The downward reversal from the support level 70.00 formed the weekly Japanese candlesticks reversal pattern Bullish Engulfing – which increases the probability WTI will continue to rise in the active impulse wave C. Given the strength of the active impulse wave C, WTI crude oil can be expected to rise to the next resistance level 78.00 (target for the completion of wave (4), which reversed the price in January).
FX_IDC:USDWTILong
by FxProGlobal
Oil Eyes $90+ as U.S.–Iran Conflict LoomsWTI Crude Oil — Bullish Reversal in Play as War Risk Escalates Technical & Geopolitical Outlook — Weekly Chart | 17 June 2025 🧭 Current Market Condition: WTI crude oil is breaking out of a multi-month falling wedge, a classically bullish reversal pattern, after bouncing from the $67–68 support region. This technical move is further amplified by rising geopolitical tensions in the Middle East, particularly fears of a potential U.S. military strike on Iran, which would threaten global oil supply routes through the Strait of Hormuz. The current breakout attempt aligns with a sentiment shift from oversold to recovery mode, supported by a sharp rise in weekly momentum indicators. 📊 Key Technical Highlights: Bullish Falling Wedge Breakout: Price breaking above descending resistance. Key Resistance Levels: $76.67 – immediate supply zone $92.82 – prior breakout area; major target if breakout sustains Key Support Levels: $71.28 – breakout retest level $67.00–$68.00 – wedge base, strong historical support $52.00 – longer-term bearish invalidation (unlikely unless demand collapses) Momentum: Weekly stochastic sharply rising from bottom, signaling strength building. 🔺 Bullish Scenario — If U.S. Attacks Iran: If the U.S. carries out military strikes on Iranian targets, oil prices are highly likely to: Price in geopolitical risk premium of $10–$20/barrel. Spike toward $90–$100 range within days or weeks due to: Fears of supply disruption (Hormuz choke point) Panic buying and short covering Strategic reserves hoarding Technical Targets: $76.67 → Break above confirms bullish continuation $92.82 → First major upside target $100–$110 → Stretch target if conflict escalates or prolongs 🛢️ Energy traders and institutions typically front-run geopolitical escalations, so price can jump before any physical conflict if tensions remain unresolved or rhetoric intensifies. 🔻 Bearish Scenario — Fake Breakout or De-escalation: Rejection from $76.67 or failure to hold above $71.28 can trigger pullbacks. If tensions cool and Iran conflict is diplomatically diffused: WTI may slide back toward $68.00 and re-enter the wedge. Below $67.00, oil could revisit $60–$52 range in a risk-off macro environment. 🛡️ Risk Management & Outlook: Geopolitical events can override technicals, especially in commodities. Gaps, whipsaws, and sharp reversals are common — caution with overnight positions. Consider hedging strategies or limited-risk option plays if trading leveraged oil instruments. 📢 If you found this analysis valuable, kindly consider boosting and following for more updates. ⚠️ Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
BLACKBULL:WTI
by MarketsPOV
OIL🛢️ Oil is caught in an unbalanced price zone due to rising global tensions. Prices have spiked and with that, inflation risks are back on the table. Now here's the play I see forming: 📌 The Fed might choose not to cut interest rates as a way to cool inflation without printing more money. 📌 This also puts pressure on China to act since rising oil prices hurt their economy too, they may push Iran to scale back aggression in order to stabilize global markets. Everything is connected. This isn’t just about oil it’s about global strategy, inflation control, and power dynamics.
EASYMARKETS:OILUSD
by TheMoney_Association
WTI above $75 on fears of US involvement in Israel-Iran conflictThe Israel-Iran situation is quite different this time and with Trump announcing that *we* now have full control over Iranian skies, suggesting the US is entering the fray – hardly a surprise to be honest - this is not going to end well. The conflict may get far worse in the short-term, and this will send shockwaves through the oil markets – especially if there are disruptions in the Strait of Hurmuz. Oil prices could easily spike to $100 and higher in the worst-case scenario. So, the situation is quite serious, unfortunately. Let's hope that it quickly de-escalates and lives are not lost. But make no mistake, this could get really big - especially with headlines like these coming out in the last few minutes: *US OFFICIALS SAY TRUMP 'SERIOUSLY CONSIDERING' STRIKE ON IRAN: AXIOS; *TRUMP TO MAKE POLICY DECISION ON ISRAEL-IRAN: AXIOS *IRAN WILL SOON LAUNCH 'PUNITIVE' OPERATION AGAINST ISRAEL: IRNA The picture is looking quite grim, unfortunately. by Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:USOIL
by FOREXcom
USOIL – Reclaiming the Energy Narrative | WaverVanir Macro Rever📉 Chart Thesis: After nearly three years of structural decline from the $129 peak, crude oil (USOIL) is approaching a confluence zone of historic Fibonacci support ($56–$60) and a multi-year descending trendline. This zone may mark the bottom of a long-term accumulation phase. 🧠 Strategic Perspective (WaverVanir View): “It’s time to take back our resource. Not just politically—but economically, institutionally, and structurally.” WaverVanir International LLC sees this setup as a rare macro pivot. This isn’t about short-term fluctuations—it’s about the global realignment of resource value in a world where: Central banks are overleveraged Strategic petroleum reserves are drawn down War premium is mispriced Real assets are undervalued 📊 Key Levels: Support Zone: $56.04 (historical institutional buy zone) Breakout Trigger: Trendline above $67.00 Target 1: $101.35 (0.786 Fib) Target 2: $129.42 (1.0 Fib) Target 3: $160.58 (1.236 Fib projection) ⚠️ Risk Disclosure: We are not yet capitalized but actively building a legally compliant funding vehicle. No capital is currently allocated. This post is part of our vision publication cycle to build trust and transparency in WaverVanir’s thesis. 📌 Follow WaverVanir International LLC for conviction-based macro trade ideas at the intersection of data science, price action, and risk strategy. #USOIL #MacroTrading #Commodities #WaverVanir #TradingView #QuantMacro #EnergyRevolution #FibonacciAnalysis #MarketStructure #EmergingFund
TVC:USOILLong
by Wavervanir_International_LLC
The latest long - short trading recommendations for crude oil.On Monday, the two benchmark oil prices fell by more than 1% due to media reports that Iran might seek to ease the situation. However, the market's short-term optimism proved unsustainable. Currently, oil price movements are driven primarily by geopolitics rather than fundamentals. Market sensitivity to the Middle East situation has surged to an extremely high level, with even the slightest development triggering violent volatility. The possibility of supply disruptions remains high in the short term, and close attention should be paid to Iran's oil export trends and the actual execution of OPEC+ after its meeting. Meanwhile, be wary of the risk of sharp consolidation amid mixed geopolitical and negotiation news. In terms of momentum, the fast and slow lines of the MACD indicator have crossed below the zero axis, forming a golden cross with an upward divergence, indicating a stalemate between bullish and bearish momentum. In terms of patterns, a flag continuation pattern has emerged, with penetration of the upper edge of the flag, and the overall trend is in a secondary rhythm. It is expected that crude oil prices will mainly fluctuate and consolidate within the pattern. you are currently struggling with losses，or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results. Trading Strategy: buy@70.0-71.0 TP:74.0-75.0
BLACKBULL:WTILong
by Ashbur
WTI OIL Overbought RSI = best time to sell!WTI Oil (USOIL) has been trading within a 2-year Channel Down pattern and due to the recent Middle East geopolitical tensions, the price catapulted near its top (Lower Highs trend-line). That made the 1D RSI overbought (>70.00) and every time that took place since September 2023, the pattern priced its Lower High and started a Bearish Leg. As a result, an overbought 1D RSI reading has been the strongest sell signal in the past 2 years. The 'weakest' Bearish Leg after such sell signal has been -25.29%. As a result, we have turned bearish on WTI again, targeting $58.20 (-25.29%). ------------------------------------------------------------------------------- ** 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:WTIShort
by TradingShot
Oil Surges on Israel-Iran Nuclear Strike Fears🛢️ Israel’s attacks on Iran’s nuclear sites are pushing oil ( BLACKBULL:WTI , BLACKBULL:BRENT ) higher! Bloomberg reports Trump’s G-7 exit and Tehran evacuation warning as Israel-Iran strikes intensify (June 17, 2025). Analysts warn of Strait of Hormuz risks, with 17M barrels/day at stake. 4H Chart Analysis: Price Action: WTI ( BLACKBULL:WTI ) broke $75 resistance (June 2025 high), exiting a 3-week range. Brent ( BLACKBULL:BRENT ) mirrors at $78. Volume: 4H volume spiked 15% vs. prior week, confirming breakout buying. Key Levels: Current Support: $75 (WTI), $78 (Brent) – former resistance, now support. Next Support: $73 (WTI), $76 (Brent) – prior range lows, tested twice in June. Context: Oil gained 2% this week, driven by Middle East supply fears, with WTI at a 1-month high. Trading Insight: The $75/$78 breakouts signal bullish momentum. $73-$76 is a key support zone for dips. Watch Iran retaliation news and volume for supply disruption clues. What’s your 4H oil trade? Post your setups! 👇 #OilPrice #WTI #Brent #IsraelIran #TradingView
OANDA:WTICOUSDLong
by DCAChampion
Long on OIL amid Israel-Iran confilctFundamental trends: Israel-Iran conflict does not seem to end soon, Israel might target iranian facilities more Recent insights suggest US involvement which whould lead to oil price rising. Technical trends: Plot seems to develope an Elliot impulse wave with clear 1-3rd waves already built. This suggests the impulse wave must end with rising on 5th wave. Conclution Overall trends tell in favor of future oil prices rising. What do you think about the situation? Please, leave your comments
TVC:USOILLong
by SamuelHuntington
WTI US OIL 17 JUNE 2025 TRADE IDEAThe WTI Crude Oil (US Oil Spot) chart shows price action still trading within a long-term descending channel, bounded by dynamic resistance and support dating back to mid-2022. Currently, price has bounced strongly off the $67–$58 demand zone, rallying toward the descending trendline around $76–$78, which also aligns with key historical supply levels. This area poses a significant challenge for bulls and may trigger short-term rejection. However, the recent impulsive bullish leg suggests renewed demand, possibly driven by geopolitical uncertainty and speculation of potential supply disruption. From a Smart Money Concept (SMC) perspective, WTI recently swept liquidity below the $58.69 low and formed a bullish Change of Character (ChoCH) as price broke through short-term structure levels. This confirms that smart money may have accumulated long positions in the discount zone. The rally targeting the $76.77–$78.30 range appears to be part of a mitigation move toward a supply zone, and traders may anticipate either a reversal or continuation depending on how price reacts near that level. Macro & Geopolitical Context: This bullish momentum in crude oil comes amid elevated tension between Iran and Israel, which historically injects volatility into energy markets. Any escalation could threaten oil production or export routes in the Middle East, particularly the Strait of Hormuz, through which a significant percentage of global oil supply flows. Such events can drive speculative and fundamental buying in oil, pushing prices higher in anticipation of reduced supply. However, oil traders must also remain aware of OPEC+ policy decisions and U.S. inventory data, which can quickly shift sentiment. Trade Outlook: Bias: Bullish until $76–$78 zone; watch for rejection or breakout. Entry: Pullback entries between $70–$71 with bullish confirmation are ideal. Stop Loss: Below $66 or invalidation at $64 (below structure support). Take Profit: Conservative TP around $76.77; extended target at $78.30–$79.37. Alternative View: Strong rejection at the descending trendline may result in a return to the $67 or even $58 support if risk-off sentiment declines or supply concerns ease. In summary, oil is currently reacting to both technical and geopolitical catalysts. While the technical structure suggests a short- to medium-term bullish move toward the upper channel resistance, sustained upside will depend heavily on how the Iran–Israel conflict unfolds, and whether market participants anticipate further disruptions to global oil supply.
THINKMARKETS:WTILong
by karabompesi
WTI Technical Analysis – WTI (1H Chart) Structure & Momentum: WTI recently broke out of a short-term bullish structure, forming higher highs and higher lows. However, momentum appears to be weakening, with divergence showing between price action and volume (or internal strength), hinting at a potential short-term pullback. Liquidity & Reaccumulating: There’s a visible liquidity pool resting below the recent swing lows, around the $62 level, which aligns with a bullish order block or prior consolidation zone on the 1H chart. If price revisits this zone, it would likely be a liquidity grab followed by reaccumulating. ✅ Scenario Outlook: "WTI might pull back to the $62 area to clear resting liquidity and mitigate previous demand imbalances. If the level holds with strong bullish intent, we can expect a continuation toward higher levels—targeting the $67–$70 range in the coming sessions." Trade Setup Concept (SMC-style): Wait for price to sweep the $62 level. Look for a shift in market structure (CHOCH) on lower timeframes from bearish to bullish. Entry: Post-CHOCH confirmation above local high. SL: Below liquidity sweep. TP1: $66.80 TP2: $69.90 🛢️ Geopolitical Context: If Iran retaliates directly or if Strait of Hormuz tensions rise, crude could spike suddenly. But U.S. SPR releases or weak global demand data might offset rallies—watch macro data.
BLACKBULL:WTILong
by ProSignalai