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USOILSPOT trade ideas

Potential Long on WTI Crude oil is showing potential for a bullish move due to increasing speculation about a possible agreement between China and the United States. As we approach August 1st – the date associated with Trump's proposed tariff actions – the chances of a diplomatic breakthrough are growing. If the two economic giants reach any form of understanding, it could trigger a wave of optimism in the oil market, potentially leading to a strong upward move. Market participants should closely watch developments related to the US-China negotiations over the coming days.
TVC:USOILLong
by MasoudEskandari
USOIL My Opinion! BUY! My dear friends, Please, find my technical outlook for USOIL below: The instrument tests an important psychological level 65.00 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 65.50 Recommended Stop Loss - 64.75 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
1
UPDATE ON THIS MORNING'S TRADEEarly in the morning, I posted a trade (Sell USOIL) in which we trargeted the LQ level which the market came closer to and didn't touch, which isn't a big deal. As you can see on the chart, as I told my students during the LIVE TRADING SESSION they assisted, it's all about trade management. On the screenshot on the left, we added another order at 50% lvl of the FVG, xhich the market respected at that moment before giving us a double bottom which is a sign to the change of the movement of the market. For a safe closure of the trade, as you can see in the picture on the left, we waited for the market to break through the 5min LQ we have to close, and that's what exactly happened. We'll wait for another trade to take later in the US session. Follow for more!
FX:USOIL
by YassineAnalysis
Crude Oil (WTI / USOIL) Analysis:Crude oil is currently trading near a short-term support zone around $64.70. 🔻 Bearish Scenario: If the price breaks below $64.00 and holds beneath it, we could see a decline toward $63.60 as the first target, followed by $62.00 as a secondary target. 🔺 Bullish Scenario: On the other hand, if the price regains bullish momentum and breaks above $65.00, we may see a retest of the $66.70 area, and with continued buying pressure, a potential move toward $67.50. ⚠️ Disclaimer: This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
TVC:USOIL
by Fadi_radar
WTI Crude: Bulls on the Back FootWTI crude oil has found plenty of willing buyers beneath $65 per barrel recently, often acting as a launchpad for abrupt squeezes higher. But with supply gushing as OPEC+ returns 2.2 million barrels per day to market at a time when concerns about the U.S. economy are growing, whether that continues remains debatable—especially after the sharp $5-plus slide over the past week. With the price closing at its lowest level since early June on Tuesday, traders should be alert to the risk of an extension of the bearish move. Given how often the price has been bid up beneath $65, the inclination is not to act immediately if Tuesday’s lows are taken out. Instead, $63.70 is a level to watch, having acted as resistance through May and June. A break below there would create a cleaner setup for shorts, allowing positions to be initiated with a stop just above for protection. $62.00 saw some action earlier in the year, but $60 looks the more compelling downside target. RSI (14) is beneath 50 while MACD is negative, having already crossed below the signal line—both hinting that selling rallies may work better than buying dips near term. Of course, if the contract can’t break $65 meaningfully despite the bearish backdrop, the setup could be flipped, allowing for longs to be established above with a stop beneath, targeting either the 200-day moving average or $68.44 resistance. Good luck! DS
FOREXCOM:USOILShort
by FOREXcom
Crude Oil drops below $70, reversal on the radar?Oil opened the week under pressure after OPEC+ confirmed a 547,000 bpd increase for September, completing a 2.5 million bpd reversal of past cuts—about 2.4% of global demand. The group is now undecided—future moves could be more hikes, a pause, or even cuts, depending on market conditions. Actual supply growth may be closer to 1.7 million bpd due to member constraints, while expectations are that this could be the last hike amid slowing demand and rising non-OPEC output. With oil demand softening, a Q4 surplus looming, and prices under $70, holding steady seems likely for now. Meanwhile, geopolitical pressure from Trump over Russian oil adds more uncertainty, where a final call by OPEC may come at the next meeting on September 7. On the technical side, the price of crude oil is currently testing the support of the 50% weekly Fibonacci retracement level while the moving averages are still validating a bullish trend in the market. The Bollinger bands are expanding, showing that volatility is picking up in the market for crude oil, while the Stochastic oscillator is approaching extreme oversold levels, hinting that a bullish correction might be on the horizon in the upcoming sessions. If this scenario becomes reality, then the first area of potential resistance might be seen around the $70 level, which consists of the psychological resistance of the round number, the upper band of the Bollinger bands, and the previous medium-term high since late July. Disclaimer: The opinions in this article are personal to the writer and do not reflect those of Exness
TVC:USOIL
by antreas_themistokleous_exness
WTIWTI crude oil (West Texas Intermediate) is one of the main global benchmarks for oil pricing, alongside Brent crude. It is a light, sweet crude oil primarily produced in the United States and traded on the New York Mercantile Exchange (NYMEX). WTI is known for its high quality and low sulfur content, making it ideal for refining into gasoline and other fuels. Crude oil prices are influenced by a wide range of factors including global supply and demand dynamics, geopolitical tensions, OPEC+ decisions, US shale production, and macroeconomic trends such as inflation and economic growth. Over the past two decades, crude oil has experienced significant volatility. Prices surged to over $140 per barrel in 2008, collapsed during the global financial crisis, and again plummeted during the COVID-19 pandemic in 2020, when demand collapsed and prices briefly turned negative for the first time in history. The years following saw a sharp rebound as the global economy reopened and supply constraints persisted. However, rising interest rates, concerns about slowing global growth, and increasing energy transitions toward renewables have put downward pressure on oil demand in recent years. As of August 2025, WTI crude oil is trading at $66.59 per barrel, reflecting a relatively weak energy market compared to its highs in 2022. The current price suggests concerns over slowing global industrial demand, increased US oil production, and ongoing geopolitical negotiations that have stabilized some of the previous supply shocks. While energy markets remain sensitive to global conflicts, economic shifts, and OPEC+ policy decisions, WTI at this level represents a market balancing between moderate demand and ample supply. It remains a critical asset for energy traders and a key indicator of global economic health.
THINKMARKETS:WTILong
by HavalMamar