|Symmetrical Triangle| Squeeze in Crude OilCrude oil is currently forming a symmetrical triangle pattern, a classic squeeze formation with price compressed into a tight range. Symmetrical triangles typically act as continuation patterns, favoring the prevailing trend, and in this case, on the daily chart, the trend is well established: a bul
Positive market: OIL rises sharply - Important area to watch forThe recent escalation of tensions in the Middle East has had a strong ripple effect across all commodities market. Just as we observed with Gold, it’s no surprise we’ve seen oil prices climb as well, given this uncertainty.
If you’ve seen my latest Gold analysis, you’ll understand how market senti
6/16/2025 3:33am PST - PreMarket Analysis - ChatGPTCRUDE OIL FUTURES – 15-Min Chart Analysis (June 16, 2025 – 06:23 UTC-4)
Ticker: OIL (MARKETSCOM)
Current Price: ~$70.97
Trend: Short-term bearish correction after major rally
EMA Signals: Bearish pressure building below 21 EMA, 50 EMA, and at 200 EMA support
🔍 Technical Indicator Summary:
1. Moving
Israel creates a risk-off environmentThe current geopolitical tensions continue to escalate and this is creating a risk-off environment, forcing investors to worry. Let's dig in.
MARKETSCOM:OIL
TVC:USOIL
Let us know what you think in the comments below.
Thank you.
77.3% of retail investor accounts lose money when trading CFD
Crude Oil DTF Technical & Fundamental AnalysisCrude Oil DTF Technical & Fundamental Analysis
Oil prices surged by 6–10% within minutes, with Brent and WTI recording the largest daily gains since May 2022. This spike followed Israel's airstrikes on Iran’s nuclear and military facilities, which reportedly killed senior commanders and scientists.
Crude Oil - Major VolatilityDue to what we are seeing between the US, Israel, and Iran - Oil prices have experienced heightened levels of volatility.
Since September '23, Oil has respected a clear series of lower highs, with each touch of the orange trendline marked by a red X. Every attempt higher has been faded — and nothi
WTI oil has approached a key area of resistanceThe technical picture of WTI oil shows that the commodity is now near one of its key downside resistance lines. Could we get a break, or trendline will remain intact?
Let's dig in!
TVC:USOIL
MARKETSCOM:OIL
Let us know what you think in the comments below.
Thank you.
77.3% of retail invest
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.