SELL OIL (WTI) - entry criteria explained!!!!Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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XTIUSD trade ideas
Black GoldFor oil producing countries, the oil charts ain't looking good either, although price has been in a range since 2023 till date, however if price breaks the $66/barrel mark and holds... we coming to $53/barrel
Hopefully this doesn't go as the chart says... this can affect a full economy 🤔, let's see
WTI OIL - USOUSDShort-term outlook:
Downward trend: Right now, there are signs that oil prices could drop, mainly due to weaker global demand and potential overproduction of oil. Citi predicts that without deeper OPEC+ production cuts, prices could fall to $60 per barrel by the end of 2025.
Upward trend: However, OPEC+ might take action to reduce production if prices continue to fall, aiming to keep prices higher, as they’ve done in the past. Also, geopolitical factors could cause temporary price spikes.
Bottom line: There's no strong signal that prices will rise consistently in the short term, but a rebound is possible if geopolitical events or OPEC+ decisions push the market up. However, the trend seems more likely to be downward for the next few weeks.
US OIL BULLISH 73Hey there on 1HTF US oil change there ways we now can see at this level we should see a bullish continue will reach next ath record 73 and 73.50
But if the price decline and comes downside and then we should see next support level is
Of US oil from 72 and 71.50 must be bullish candle to our next target 73 and 73.50
USOIL is changing as I analyzedThrough the previous accurate analysis, USOIL is rising as I analyzed, and many traders have also reaped considerable profits.
The current price of USOIL is US$72.3, and downward pressure still exists. Market expectations for Russia-Ukraine negotiations are heating up. If Russian oil sanctions are lifted, increased supply will put pressure on oil prices. Bank of America analyzed that the underlying price of Brent crude oil may fall by 5-10 US dollars per barrel.
sell:72.4
Tp:71
Tp:70
Sl:73.6
TVC:USOIL FX:USOIL
USOIL BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USOIL pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 69.64 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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CLH2025 Breakout Setup | Bullish OutlookCLH2025 (Crude Oil Futures) is showing bullish momentum, breaking out of a descending trendline. A successful retest of the 72.50-73.00 zone could confirm a potential uptrend continuation.
🔹 Breakout Confirmation: Above 72.50
🔹 Key Support: 70.50
🔹 Potential Target: 75+ if structure holds
This setup aligns with technical breakout principles, signaling a possible trend reversal. However, this is not financial advice—just an educational market analysis. Always manage risk and do your own research before trading. 🚀📈
USOIL READY TO EXPLODE?! DON’T MISS THIS CRUCIAL MOVE!📊 USOIL (Crude Oil) Analysis – February 17
What’s up, traders? Mr. Blue Ocean FX here with another deep dive into the markets, and today, we’re breaking down US Oil (Crude Oil) and the major opportunities setting up. Let’s get straight into it.
📉 Weekly Time Frame Insight
• Last week’s candle closed with exhaustion, printing a low at 70.30 but losing volume compared to previous bearish moves.
• Key Resistance: 71.55 area was broken, signaling potential bullish momentum.
• Impulse Move: Price pushed as high as 79.44 (Jan 13th), breaking past the 77.90 October high before retesting that level.
📊 Daily Time Frame Setup
• USOIL is currently ranging in a consolidation zone, and we are at the lower region of this range.
• Buy Zone Identified:
• Three bottom touches suggest a strong support level.
• Higher low structure forming at 70.58, above the previous Feb 6th low of 70.34.
• If bulls hold this zone, we could see a strong push to the upside.
🕒 4H Time Frame Execution Plan
• Structure Confirmation: After a deep retracement, price failed to print a new low.
• Liquidity Sweep: A wick below 70.16 may have stopped early buyers before price reclaimed.
• Entry Plan:
• Buy near 70.68 (entry level).
• Stops below the recent low.
• Targeting 72.04, then 73.32, with further upside potential to 74.21+ if consolidation breaks.
• Channel Formation: USOIL is respecting an upward-sloping trend channel that could continue bouncing before a major breakout or breakdown.
🚀 What’s Next?
If bulls maintain control, we could see an explosive breakout, targeting higher liquidity zones above 74.21. However, if price breaks down, we may see another leg lower before a final push up.
🔥 What do you think? Will oil rally higher or break down? Drop your thoughts in the comments!
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Let’s catch these moves! 🚀💰 #USOIL #CrudeOil #Trading #Forex #MarketBreakdown
Oil - Potential buy opportunities Hello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
USOIL is about to fall sharply, prepare to shortFrom a technical perspective, usoil currently has a large short-selling opportunity.
The overall price of usoil has successfully stabilized at the 70 mark, and on this basis, it has ushered in a correction market with a volatile rebound. In the afternoon European session, oil prices rose slightly, pierced the 71.2 mark, and then closed in a volatile state. From the daily K-line pattern analysis, it finally closed with a volatile rebound cross K-line.
Although the short-term price stabilized and rebounded after gaining support at the 70 mark, from a comprehensive consideration at the daily level, usoil is still in a weak volatile pattern, limited by the 10-day moving average and below the 5-day moving average. For the short-term trend, the 73 mark is the key dividing line for short weakness. At the daily level, as long as usoil fails to effectively break through and stabilize the 73 mark, any pullback can be regarded as an excellent short-selling opportunity.
usoil short-selling trading plan:
Sell: 71.55, take profit 70.5; stop loss 72.3
TVC:UKOIL TVC:USOIL
USOIL, oil trend analysis (hot news)USOIL: Due to a drone attack on a Russian oil pipeline pumping station, the oil flow from Kazakhstan has decreased. David believes that the price will rebound to the upper side soon
BUY:71.2
TP:71.6
TP:72
SL:71.00
If you agree with my analysis, please continue to pay attention. I will share my views for free later - (David)
If you don't know when to trade and want to avoid risks, you can continue to pay attention. TVC:USOIL FX:USOIL
Resistance in Focus: Will Oil Prices Reverse or Fall Again?● Oil prices have been trending downward through a parallel channel. However, a crucial support zone near $70.6 has provided a rebound, sparking hopes of a potential recovery.
● Currently, the price is testing its trendline resistance, a critical level that will determine the next move. A breakthrough above this level could signal a reversal in the oil market.
● On the other hand, if the price fails to clear this level, it may indicate that the downward pressure is still too strong, and another leg down is possible.
USOIL Will Go Higher! Long!
Please, check our technical outlook for USOIL.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 71.720.
Considering the today's price action, probabilities will be high to see a movement to 73.515.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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