WTI Crude Oil Long Setup Amid Rising Geopolitical TensionsWTI is forming a bullish structure with potential for further upside. Geopolitical tensions between the U.S. and Iran are adding pressure to the supply side, supporting higher oil prices. A long position aligns with both technical momentum and the increasing risk premium.
SPOTCRUDE trade ideas
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
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USOIL:Waiting to go long
The impact of the news is still continuing, the situation did not ease in a short period of time, there is still a rise, the above large space to see 76-77, trading ideas on the long space and advantages are greater. Intraday short - term trading to consider low long.
Trading Strategy:
BUY@72.8-73.2
TP: 74.5-75
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WTI Oil H4 | Multi-swing-low support at 61.8% Fibo retracementWTI oil (USOIL) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 72.92 which is a multi-swing-low support that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 69.10 which is a level that lies underneath a swing-low support.
Take profit is at 77.60 which is a multi-swing-high resistance.
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USOIL - Near CUT n REVERSE Area? holds or not??#USOIL.. straight bounce after #IranvsIsrael war situation, and now market just reached near to his current Resistance Area / region
keep close that region and if market holds then drop expected otherwise not at all.
NOTE: we will go for cut n reverse above region on confirmation.
good luck
trade wisely
US-Iran war or peace?Oil options are more bullish now than they were just after the outbreak of the Russia-Ukraine conflict in 2022, indicating that global markets are on edge over the confrontation between Israel and Iran, and speculation that the United States may join the attack.
As of Tuesday's close, the premium of Brent crude call options relative to put options was the widest since 2013. As the turnover of option contracts has been higher than usual in recent days, a measure of implied volatility has also risen sharply.
The war between Israel and Iran has raised concerns that crude oil export infrastructure could be targeted, which could curb supply and trigger a price surge. On Wednesday, Brent crude oil prices approached $76 a barrel, having previously hit a new high since the conflict broke out in January.
According to ABC, US officials said that the next 24 to 48 hours will be critical and will determine whether the Israeli-Iranian issue can be resolved through diplomatic means or whether Trump will take military action.
Trump summoned his senior advisers in the White House Situation Room on Tuesday. Trump significantly stepped up his rhetoric against the Iranian regime ahead of the meeting, claiming that the United States knew exactly where Khamenei was hiding.
Despite the apparent saber rattling, U.S. negotiators on Tuesday believed Iran was in a weak position and could be forced to return to the table and ultimately accept a deal that would require it to abandon all nuclear enrichment, according to multiple officials involved in the diplomatic process.
The Iranian regime has indicated a willingness to resume discussions with the United States as Iran and Israel trade blows, the officials said, adding that the Trump administration has been seeking more concrete commitments before abandoning its path to war.
If Iran returns to the talks and agrees to abandon uranium enrichment, U.S. officials see a potential high-level meeting led by special envoy Steve Witkoff and Vice President J.D. Vance as soon as this week.
But such a scenario would likely require Iran to act quickly. Trump has acknowledged that his patience with the situation in the Middle East is wearing thin.
Sources familiar with Trump's mindset say he is frustrated by the volatile situation in Iran and the inability to provide the administration with immediate answers, and he seems very reluctant to see Tehran successfully send him a military warning.
The U.S. military is already moving assets to the region, including additional aircraft, a second aircraft carrier and its strike group to the Middle East. Officials say all of these moves are defensive.
Defense Secretary Pete Hegseth spoke about the U.S. posture in the Middle East in an interview with Fox News on Monday, saying, "We are strong, we are ready, we are defensive and we are present."
But while the redeployment of assets is intended to protect the roughly 40,000 U.S. troops stationed in the region, it also leaves options open for the Trump administration if it decides to directly assist Israel's ongoing offensive operations against Iran.
"Our job is to keep options on the table, but our posture remains defensive," one U.S. official said.
One major question is whether the U.S. will deploy B-2 stealth bombers. The heavy strategic bomber is capable of carrying 30,000 pounds of mass destruction and may be able to destroy Iran's deep underground nuclear facility at the Fordow Fuel Enrichment Plant.
Currently, the military's 19 B-2 bombers are based at Whiteman Air Force Base in Missouri. Six of the planes were previously based at an air base on Diego Garcia in the Indian Ocean — closer to Iran. But those bombers were replaced by B-52 long-range bombers that can’t carry the bunker-busting bombs needed to destroy Fordow.
There are already about a dozen U.S. Navy ships patrolling near Bahrain’s territorial waters, according to a U.S. Defense Department official. The ships have no official mission, the official said. They include a littoral combat ship, four minesweepers and six surface patrol boats.
The Navy also has two destroyers, an aircraft carrier in the Red Sea and three other surface ships in the Arabian Sea. Two more U.S. destroyers are stationed in the eastern Mediterranean, each equipped with a missile defense system capable of shooting down Iranian ballistic missiles.
Signs that the Trump administration may be moving toward military action could include canceling the president’s planned trip to the Netherlands next week for a NATO summit.
At a news conference on Tuesday, State Department spokeswoman Tammy Bruce said the summit was still "on the table," but she said things could change depending on dynamics with Iran.
"Things are moving very quickly. So I think anything is possible," she said. TVC:USOIL MARKETSCOM:USOIL SWISSQUOTE:USOILN2025 TVC:USOIL
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).
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.
Today's Crude Oil Trend Analysis and Trading RecommendationsFrom a daily chart perspective, the violent rally in USOIL driven by external factors has completely disrupted prior technical expectations. The sharp surge has also significantly exhausted future upside potential, explaining today's gap-up and subsequent decline. With minimal likelihood of near-term de-escalation in the Iran situation, USOIL is likely to remain bullish. However, severe overbought conditions on technical charts have disrupted structural expectations, necessitating a price correction.
Technically, the $70-$75 range serves as a reasonable short-term consolidation zone, contingent on no severe escalation in Iran tensions. Given the high probability of worsening tensions, USOIL may retest $75 and even challenge $80 driven by geopolitical developments.
Thus, while the market remains focused on Iran-related risks, the short-term bias remains bullish. Avoid chasing the rally recklessly. Focus on the $70.5-$71.5 pullback zone early in the week—consider long entries only after price consolidation in this area.
USOIL
buy@70.50-71.50
tp:74-76-78
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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
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 🌟 👇
USOIL Will Move Higher! Buy!
Please, check our technical outlook for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 71.393.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 78.089 level.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Today's crude oil trading strategy, I hope it will be helpful to Crude Oil Trend Analysis
(1) Geopolitics: Tensions Propel Oil Price Expectations
The Middle East has long been a "powder keg" for the crude oil market, and recent developments have intensified tensions. Military conflicts between Iran and Israel continue to escalate—Iran’s latest attacks injured approximately 50 people in Israel. Controlling the Strait of Hormuz, through which 30% of global seaborne crude oil passes, Iran’s strategic position is pivotal. After the conflict escalated, Iran threatened to block the strait, instantly igniting international oil prices. Brent crude surged to around $79 per barrel. As long as the conflict persists, market fears of crude supply disruptions—like an invisible hand—will continue to underpin price gains.
(2) Supply Side: Interplay of Production Increases and Geopolitical Risks
OPEC+ previously announced plans to increase production by 411,000 barrels per day, but actual output growth has fallen short of market expectations. With current Middle East tensions, the feasibility of this plan remains uncertain. If Iran’s crude production and exports are constrained by the conflict, global supply could tighten. In the U.S., shale oil production remains unstable, affected by technical, cost, and policy factors. Thus, the supply side is fraught with uncertainty: production increase expectations may exert downward pressure on prices, while geopolitical risks could tighten supply outlooks and push prices higher.
(3) Demand Side: Battle Between Seasonality and Economic Prospects
From a seasonal perspective, the northern hemisphere’s summer travel peak has boosted demand for petroleum products like gasoline and jet fuel. Data from the U.S. Energy Information Administration (EIA) shows U.S. crude oil inventories have declined for several consecutive weeks, indicating rising market demand. However, the global economic environment remains bleak: trade protectionism, tariff policies, and other factors have slowed global growth, constraining crude demand. Major economies like China and Europe have failed to meet oil demand projections. Thus, the demand side is torn: seasonal factors provide support, but economic headwinds act as a drag.
Today's crude oil trading strategy, I hope it will be helpful to you
USOIL BUY@72.5~73
SL:71.5
TP:74~75
Analysis of the latest crude oil market trendCrude oil prices stabilized after a sharp rise on Tuesday, with the market keeping a close eye on the potential escalation of conflicts in the Middle East. According to market surveys, Iran's crude oil export infrastructure has not been directly hit so far, and most of the impacts are still concentrated on shipping. However, analysts point out that if the conflict spreads to the entire region, oil prices are likely to rise further significantly. The current rise in crude oil prices is not only dominated by actual supply and demand but is highly influenced by geopolitics. Market sentiment is extremely vulnerable to disturbances from external events. As the global energy artery, the stability of the Strait of Hormuz provides strong support for oil prices. When the uncertainty of the geopolitical situation intensifies, attention should be paid to the release of U.S. official inventory data and the development of diplomatic processes.
Technical analysis of crude oil: The moving average system is in a bullish arrangement, and the medium-term objective trend direction is upward. The current trend is in the rhythm of the main upward trend. The fast and slow lines of the MACD indicator coincide with the bullish columns above the zero axis, indicating that the bullish momentum is currently full. It is expected that the medium-term trend is expected to usher in a rising rhythm.
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Trading Strategy:
buy@72.0-72.5
TP:74.0-74.5
#USOIL - CUT n REVERSE region, still holds??#USOIL.. well guys in first go market perfectly holds our region then again n again..
Now again. Market is in our resistance region and if market hold again then again drop expected.
But
Keep in mind that above that region new will go for cut n reverse on confirmation .
Good luck
Trade wisely
OIL: THE CHART THAT COULD TIP THE WORLDWTI Crude just bounced hard off the $65 channel support, tagging resistance at $76 — and what happens next isn’t just about price. It’s about power.
Zoom into this chart:
We're sitting at a directional pivot with two possible outcomes:
1️⃣ If this was a truncated 5th wave, the structure is complete. Any further war escalation could be the catalyst for oil to break resistance — dragging down risk assets, including CRYPTOCAP:BTC and equities.
2️⃣ If wave 5 isn’t done, we’ll likely see one more sharp leg down before oil launches. Either way, this is a high-stakes Elliott Wave setup with global macro consequences.
Chart with FIB Levels:
You'll see the wave I’ve marked (3) is messy, and on lower timeframes, that may hint at a truncated move worth watching.
Why this matters:
Over 20% of global oil flows through the Strait of Hormuz, a critical chokepoint controlled by Iran. If conflict escalates, that line gets squeezed… and oil price explodes.
Price to watch:
$76 resistance.
If oil breaks, the markets will react fast.
If it fails, we might get one more correction and maybe some relief from the sideways pain we’ve seen across risk assets.
Remember the COVID Crash?
Oil literally went below zero in April 2020. That wasn't just a chart anomaly, it was a global demand collapse. Traders were paying to get rid of oil because there was nowhere to store it. That moment marked a generational low, and what followed was a powerful multi-year 5 wave up.
Now look where we are:
That same COVID low helped form the base of the current Elliott Wave structure. The fact we’re back testing levels that once sparked global panic is no coincidence.
If you’ve been here before, you’ll see the signs. The charts always leave traces. And if this is the end of wave 5, it could be the start of a whole new macro move.
TLDR:
Stop trading headlines.
Trade the structure.
This chart is telling us everything.
Potential 3000+pips on XXXUSD PairsGBPUSD
We anticipate a potential bullish move towards the 1.3540 region, from there, we'll be watching closely for sign of exhaustion to initiate a short position, targeting up to 300pips to the downside. A confirmed daily close below the 1.2270 level will serve as out trigger to hold the short position with confidence,
EURUSD
For this market, we remain cautiously bearish. A 4H timeframe close below the 1.3950 region will be our signal to begin more sells to the downside targets around 1.3400 and 1.12800 zones. Until that breakdown occurs, we'll remain on the side-lines to avoid premature entries.
XAUUSD
Gold will be traded with a high level of discipline- only high conviction trades will be taken here. We're currently waiting for a clear breAK and close below the 3291.90 level before initiating any shorts positions. Until then, we maintain a neutral stance and monitor price action closely around key levels.
USOIL
We're keeping an eye on possible entry opportunities, anticipating a potential rally towards the 116 region. Updates on the setup and validation criteria will follow as price action unfolds.
Send a direct message if you are interested in more info about Capital Management.
Patience is the Way! Ieios
USOIL:Go short before you go long
The idea of crude oil is still to go long. Today, the more appropriate entry point is 72-72.3, there is still a little space at present, if you consider selling short first, then the more appropriate short point is 73-73.3 range. Give to the point to do, to wait to do more.
Trading Strategy:
SELL@73-73.3
TP: 72-72.3
BUY@72-72.3
TP: 73.7-74
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weekly price chart of WTI Crude Oil (CFDs on Crude Oil - WTI) 🔍 Key Observations:
1. Downtrend Line (Black Diagonal Line)
The chart has a descending trendline drawn from a previous high (around mid-2022), connecting lower highs.
This trendline represents a long-term resistance level — each time the price approached it, it was rejected.
2. Support Zone (Green Box)
A horizontal green zone marks a strong support area, roughly between $62–$67.
This area has been tested multiple times in the past (as both support and resistance), indicating it's a key level where buying interest appears.
3. Recent Price Action
The price recently dipped below the green support zone, forming a false breakdown or bear trap, then strongly rebounded back above it.
The price is now around $73.20, approaching the descending trendline (resistance).
🔧 Technical Interpretation:
Trend: Overall long-term downtrend (as seen from the descending trendline).
Current Momentum: Strong bullish bounce from the support zone.
Key Resistance: Around $74–$76, where price meets the descending trendline.
Key Support: Around $62–$67, the highlighted green zone.
🔮 What to Watch Next:
Bullish Scenario: If price breaks above the descending trendline and sustains above $76, it could signal a trend reversal or breakout.
Bearish Scenario: If price gets rejected at the trendline, it may retest the $67 zone or lower.
Volume: Not shown here, but would be important to confirm the breakout.