USOIL Bullish breakout from symmetrical triangle pattern🚨 USOIL Breakout Alert! 🚨
1H Time Frame | Symmetrical Triangle Breakout
Crude oil (USOIL) has broken out bullishly from a symmetrical triangle pattern — confirming strong upward momentum. 📈
🎯 Entry Level: 74.20
📍 Technical Targets:
1st Resistance: 75.70
2nd Resistance: 76.80
This setup signals a potential continuation of bullish momentum. Keep an eye on volume confirmation and price action near resistance levels.
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– Livia 😜
USCRUDEOIL trade ideas
WTI MONTLY OUTLOOK! PRICE MIGHT EXPLODE!!Crude futures rose on demand as we saw price climb $73 per barrel as the time of publishing this report. Looking at the price action from the monthly chart, we’re seeing a possible bullish price action to continue after price found a new low around the $56 level.
Technically, we’re also seeing a morning star candlestick pattern which indicates a bullish reversal.
USOIL CRACK!Usually, these types of events are great selling opportunities as they are short-lived. However, this time may be different.
I would expect a pullback then if it lasts and escalates a breakout. For now, just observe, have patience, and look for the 2nd crack!
If it cracks a 2nd time, it is definitely not good for US inflation.
Crude Oil Weekly Chart Watch
The weekly crude oil line is still running within the channel. This is very interesting.
Last week, due to geopolitical conflicts, crude oil rose rapidly to the upper edge of the weekly channel.
It closed with a long upper shadow weekly K line.
This point is not suitable for chasing more. Observe more.
Wait and see
My personal opinion:Still leaning towards bullish
If it were you, what would you choose?
Welcome to discuss
OIL VS GOLD : COMMODITIESHELLO THERE.
Fine ? Me no, i'm tired.
OIL VS GOLD
We have a historical canal and OIL is very out if this. Do you believe it's for IRAN ? No, it's not, OIL just take an excuse for up.
Gold will fall ? No but oil will up because all currencies are destroy. So oil have to go up.
Imagine the consequences for the inflation now, when OIL WILL reach the white line of stabilisation : x3 versus GOLD.
Low indicator show a reversal.
Buy some OIL COMPANIES.
GL
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-$76 is a key support zone for dips. Watch Iran retaliation news and volume for supply disruption clues.
What’s your 4H oil trade? Post your setups! 👇 #OilPrice #WTI #Brent #IsraelIran #TradingView
USoilLatest news. If the Strait of Hormuz is closed, the restrictions on the import and export of oil and natural gas will increase greatly. Because 20% of the world's oil and natural gas exports come from the Strait of Hormuz. So the trend of geopolitics will affect the closing and opening of this important checkpoint. If the increase in geopolitics really reaches this point, the price of oil may rise to 90$-100$. This is an excellent trading opportunity for investors who like to trade oil. But at present, this is an option for Iran to negotiate. Rather than a real closure, after all, the incident has not developed to this situation. If you like to trade oil. You can also follow me. Get brand new trading opportunities and make profits. Do not trade independently to avoid losses.
USOIL The current conflict between Iran and Israel has caused a sharp spike in oil prices due to fears of supply disruptions in a geopolitically sensitive region that is critical for global energy flows.
Key Effects on Oil Prices:
Price Surge:
Oil prices jumped over 7% on June 13, 2025, reaching multi-month highs. Brent crude rose to $76.190 close 73.535 per barrel, while U.S. West Texas Intermediate (WTI) crude climbed to around $77.542 before closing at 72.91 per barrel on Friday
Earlier intraday spikes were even higher, with Brent briefly surging over 13% and WTI over 14%, marking the largest single-day gains since March 2022.
Risk Premium and Supply Concerns:
The Israeli strike on Iran significantly raised the "risk premium" on oil prices as markets worry about potential retaliation by Iran targeting oil infrastructure or blocking the Strait of Hormuz, a vital shipping route for about 20% of the world’s oil.
Iran produces about 3.3 million barrels per day (3% of global supply) and exports 1.5 million barrels daily, mainly to China and Turkey. Disruptions here could tighten global supply considerably.
Potential for Further Price Increases:
Analysts warn that if the conflict escalates, oil prices could surge beyond current levels, potentially topping $93 to $100 per barrel if Iran blocks the Strait of Hormuz or attacks Gulf energy installations.
Goldman Sachs projects Brent crude could peak slightly above $90 per barrel before falling back as supply stabilizes.
Broader Market Impact:
The conflict has also caused stock market declines and a flight to safe-haven assets like gold, which rose sharply alongside the oil price spike.
U.S. gasoline prices are expected to rise in the coming days due to higher crude costs, potentially increasing fuel prices significantly if the conflict worsens.
Summary
The Iran-Israel conflict has already caused a major jump in oil prices due to fears of supply disruptions in a key oil-producing region. The risk of Iran retaliating by targeting oil infrastructure or blocking the Strait of Hormuz could lead to sustained higher prices, with some analysts warning of a possible spike to $93–$100 per barrel if tensions escalate further. This situation is closely monitored by markets given its potential to impact global energy supplies and inflation worldwide
#USOIL #OIL
Bullish momentum to extend?WTI Oil (XTI/USD) has bounced off the pivot and could potentially rise to the 1st resistance.
Pivot: 73.40
1st Support: 71.46
1st Resistance: 76.64
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
WTI OIL Massive rejection on the 1D MA200.WTI Oil (USOIL) has been trading within a Channel Down for over a year now and today its latest Bullish Leg hit the 1D MA200 (orange trend-line) for the first time since February 03 2025.
Unless we see a sustainable structured rise that turns it into a Support, the long-term bearish trend should prevail, and the market has already reacted to this with a strong rejection.
With the 1D RSI almost overbought (>70.00), being consistent with the last 3 major tops, we expect a gradual decline towards Support 1, as it happened on the January - February 2025 Bearish Leg.
Our Target is just above it at $55.50.
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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.
USOIL Remains Bullish Amid Geopolitical Tensions and Steady Fed USOIL – Bullish Outlook Amid Geopolitical and Policy Factors
The ongoing escalation in the Middle East, combined with Jerome Powell's stance on holding interest rates steady, continues to support bullish momentum across commodities, including oil.
Technical Outlook:
USOIL remains bullish as long as it trades above 72.72 and more firmly above 70.40, with upside potential toward 77.30 and 79.50. If bullish momentum persists, a further extension to 84.14 is possible, supported by geopolitical risks.
A bearish shift is only likely if significant de-escalation or negotiations between Israel and Iran take place.
Key Levels:
• Pivot Point: 72.90
• Resistance: 77.29, 79.50, 84.10
• Support: 66.87, 63.52, 59.00
Trend Outlook:
Bullish while price holds above 68.53
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.
Crude Oil Challenges 2-Year ChannelAmid rising summer demand, an inverted head and shoulders breakout from oversold 2020 levels, and the recent outbreak of war between Israel and Iran, crude oil has tested the upper boundary of the declining channel originating from the 2022 highs. This test comes as supply risks for the coming month intensify.
This upper boundary aligns with the $77 resistance level. A confirmed breakout and sustained hold above this level could shift momentum more decisively to the bullish side, potentially paving the way for a retest of the $80 and $83.50 levels.
On the downside, if oil fails to maintain its gains and resumes a pullback, key support zones are located around $69, $66, and $64, reestablishing bearish dominance within the channel.
— Razan Hilal, CMT
Bullish momentum to extend?WTI/Oil (XTI/USD) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance.
Pivot: 63.32
1st Support: 61.18
1st Resistance: 65.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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 capital
🔹 Target Point:
🚀 $67.00
→ Profit-taking zone
→ Strong resistance zone nearby:
* 66.63
* 66.75
* 67.60
📊 Indicators
📍 EMA (70): 🔴 61.40
→ Price trading above = bullish signal
→ EMA acting as support
📏 Trendline Channel:
🔼 Higher highs & higher lows
→ Supports uptrend continuation
📌 Trade Plan Summary
* Bias: 📈 Bullish
* Buy: At 61.39
* Stop: Below 59.48 🛑
* Target: 67.00 🎯
* Risk-Reward: ✔️ Favorable (~1:3)
🔍 What to Watch
* ✅ Bullish candles in demand zone
* 🔁 Retest of EMA or lower channel
* ❌ Avoid if it breaks below $59.48
USOIL || Geopolitical Spike Hits Major Resistance - Watch $77.77🛢️
📅 June 13, 2025
👤 By: MJTRADING
🔍 🧭 Fundamental Context – Risk Premium on the Rise:
Crude oil surged sharply today following reports of Israeli airstrikes on Iranian territory — a move that reawakens fears of broader Middle East escalation. Iran plays a crucial role in OPEC and controls the strategic Strait of Hormuz , through which ~20% of global oil passes.
While Iran has not officially responded yet, markets are pricing in the potential for:
* Military retaliation
* Disruption of oil exports or maritime routes
* Heightened volatility across global risk assets
=======================================================
📉 📊 Technical Structure – Tag of Key Resistance at $77.7:
Price exploded upward, piercing the descending channel that's been intact since mid-2022.
Today's daily wick tagged the $77.70 level, a major horizontal resistance and channel top.
This zone has repeatedly acted as a pivot in both bullish and bearish phases.
Volume confirmed the move – highest daily volume in months, suggesting institutional reaction.
💡 Trading Outlook:
🔼 Scenario A – Breakout & Close Above $77.7 = Bull Continuation
If tomorrow closes firmly above $77.70:
Target 1: $88.88 supply zone
Target 2: $90.00 psychological resistance
Setup: Conservative entries on retest of $75–77 area with tight invalidation
🔽 Scenario B – Failed Breakout → Fade Back Inside Channel
If this was a headline-driven spike with no follow-through, bears may re-enter strongly
A close below $75 could confirm bull trap
Support zone to watch: $66.66 (mid-channel, EMA confluence)
⚠️ Risk Factors to Monitor:
Iran’s response (military, diplomatic, strategic)
US/NATO reaction to potential escalation
Strait of Hormuz disruption
OPEC commentary or Saudi-led output adjustment
Market sentiment unwind (profit-taking from overbought spike)
💬 Markets love emotion, but traders survive with structure. This is not the time to be reckless — size down, be responsive, and respect both breakouts and fakeouts.
📎 #CrudeOil #Geopolitics #OilSpike #WTI #MiddleEastTensions #Iran #IranIsrael #TechnicalAnalysis #MJTRADING
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
Oil (WTI) – Geo-Political Concerns Drive SentimentA quickly escalating conflict in the Middle East between Israel and Iran has seen Oil (WTI) volatility increase dramatically as the focus for traders has shifted overnight from worries about an on-going lack of demand due to a slowing global economy over to major supply concerns moving forward from this oil rich region.
This shift has seen Oil trade from lows of 60.17 on May 30th, to an early Monday high of 76.31, as weekend attacks by Israel on Iran's energy infrastructure introduced more uncertainty at the start of this new trading week regarding Israel's future strategy in this conflict. Prices have since settled down and moved back towards 72.80 (0830 BST) at time of writing but looking forward traders may need to balance the potential for further escalation/duration of this conflict against extra Oil production/supply from OPEC+ and the US.
Also important for Oil prices across the week could be the outcome of the Federal Reserve (Fed) Interest Rate Decision (Wed 1900 BST) and Press Conference (Wed 1930 BST). No change to interest rates is expected, but the updates from Fed policymakers to their inflation and interest rate expectations for the rest of 2025 could have a major impact on risk sentiment, the dollar and anticipated Oil demand.
Technical Update: Utilising Bollinger Bands
A rise in tensions in the Middle East last week prompted a sharp acceleration higher in the price of Oil. This saw price volatility increase, reflected by the widening upper and lower Bollinger bands and prices trading to levels last seen in late January 2025, as the chart below shows.
Traders will now likely be wondering if this type of price strength can continue, or if prices can enter a correction phase, even possibly a more extended period of price weakness.
Much will clearly depend on future market sentiment and price trends, and on any easing or escalation in geo-political tensions. However, with this in mind let's consider what may be the relevant support and resistance levels .
Potential Resistance Levels:
As the chart shows below, interestingly, last weeks price strength stalled against 75.99, which is equal to the February 3rd session high and with a setback in price developing from it so far today, this might be viewed by some as a potential first resistance.
As such, while not a guarantee of further price strength, closing breaks above 75.99 may be a sign of continued upside momentum towards 81.01, which is the January 15th price high and a potential next resistance focus for traders.
Potential Support Levels:
After such a strong advance in price, it might be harder to establish support levels, although, Fibonacci retracement levels on the recent May 30th to June 16th upside move in price, might prove useful. These retracement levels are highlighted on the chart below.
The 38.2% Fibonacci retracement of the price strength stands at 70.12 and this might prove to be a possible first support focus, if price weakness is seen over coming days. Closing breaks below 70.12, if seen, may then lead to declines towards 66.32, the deeper 61.8% Fibonacci retracement level.
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USOIL:The trading strategy of going short
USOIL: Consider shorting for now, as there are signs of a top above 74.5, but I think this is only a short-term high and will continue to surge higher. The trading idea is to sell short today and wait for the right position to be long.
Trading Strategy:
SELL@74-74.3
TP: 73.2-72.7
↓↓↓ More detailed strategies and trading will be notified here ↗↗↗
↓↓↓ Keep updated, come to "get" ↗↗↗
USOIL-– Bearish Reversal Toward $72.04Crude oil is showing signs of weakness after testing a significant resistance zone near $74.50 – $75.00. The price had previously broken out of a descending channel, triggering a bullish correction. However, it’s now approaching a critical resistance level which has been tested multiple times historically.
The bearish projection (shown in red) suggests a possible lower high formation, signaling exhaustion in bullish momentum. If the resistance holds, a drop toward the next target at $72.04 looks probable, aligning with previous support and the breakdown zone of the ascending move.
Key Levels:
Resistance Zone: $74.50 – $75.00
Support Zone: $68.00 – $70.00
Intermediate Target: $72.04
📉Bias: Bearish below $75.00
Confirmation: Watch for bearish candle patterns or rejection wicks near resistance.
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" ↗↗↗
Strait of Hormuz risk priced in—or not yet?Iran has repeatedly threatened to block the Strait of Hormuz during periods of heightened tension with the U.S., notably in 2011, 2018, and 2020. The Strait is considered the world’s most critical oil chokepoint, with nearly 20 million barrels passing through daily.
Several banks warn that a full closure could push crude prices above $120–$150 per barrel, or higher if the disruption is prolonged. Still, most analysts view a complete shutdown as unlikely, since Iran also depends on the Strait to export its own oil.
Technically, recent WTI candles suggest that the risk premium may be fading. Price action near $74 shows hesitation, raising the risk of a developing double top—particularly if support at $70 fails. Unless tensions escalate materially, such as the U.S. becoming more directly involved, WTI may consolidate between $70–$74.