USOIL:Wait 63.6-64 to go long
Affected by last week's data, crude oil directly broke through the short-term pressure 64, technical point of view of the daily track upward opening, 64.8 position basically can not hold, and once the break open the space for rise, the rise has just begun;
After breaking from the early continuous shock to a strong unilateral, the market will at least continue a wave of strength, pay attention to 63.6-64 range to do more, or the European market force to rise, the United States is also more, now is to see a strong break.
Trading Strategy:
BUY@63.6-64
TP: 65-65.2
↓↓↓ More detailed strategies and trading will be notified here ↗↗↗
↓↓↓ Keep updated, come to "get" ↗↗↗
USOUSD trade ideas
WTI Oil H1 | Falling toward a pullback supportWTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 63.76 which is a pullback support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 62.70 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement.
Take profit is at 65.44 which is a resistance that aligns with the 78.6% Fibonacci projection.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Analysis of Upward/Downward Trends in Monday's Opening MarketBoosted by the telephone conversation between leaders of the world's two largest economies, oil prices maintained their upward momentum on Friday. Brent crude stabilized at around $65 per barrel, notching its first weekly rebound since mid-May; WTI crude also held near $63. "Against the backdrop of gradually easing macro uncertainties, the risk of panic selling in the market has significantly diminished," analysts said. "With the arrival of the summer peak demand season and the superimposition of geopolitical tensions in the Middle East and Russia, the downside for oil prices has been notably constrained."
The recent steady rebound in oil prices indicates that the market has gradually digested macro uncertainties, though the underlying supporting factors remain fragile. While trade concerns have temporarily subsided, whether OPEC+ will continue to release capacity as expected by the market will be key to determining whether oil prices can sustain their rebound. Meanwhile, the options market reflects expectations of a year-end supply glut, which will test the coordination capabilities of oil-producing countries.
Overall, for next week's crude oil trading strategy, it is recommended to prioritize buying on dips and supplement with shorting on rebounds. In the short term, monitor resistance at the $66.0-$67.0 level, while short-term support lies at the $63.5-$62.5 level.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
buy@62.0-62.5
TP:64.5-65.0
WTICOUSD - BULLISH
Typical Wycoff
Break Re-Test
Slight Tap of FV Gap
Bullish Engulfing Candle
Usually signifies "In a Hurry".
Best Analysis i think was Perplexity Ai
Bullish Case for Oil
US Jobs Data: Stronger-than-expected US jobs numbers have pushed prices higher, with algos covering short bets
Geopolitical Risks: Ongoing tensions in Ukraine and Iran, plus Canadian wildfires, are supporting prices due to potential supply disruptions
OPEC+ Supply Increase Smaller Than Feared: OPEC+ is raising output, but by less than the market expected, which has helped limit downside pressure and even sparked price gains
Recent Price Action: Oil has rebounded to around $64–$65 (Brent) after several weeks of losses, suggesting some stabilization and potential for a technical bounce
Deep Ai
Probability of bullish continuation: 75/100
Technical s indicate a relatively high likelihood that the current bullish trend will continue toward the identified resistance zone above, provided no major fundamental shifts occur. However, caution remains due to potential pullbacks or consolidation near resistance levels.
This is the safest place to enter usually
Cost average in not stops they suck !
imho
Lets See : )
.
USOIL: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse USOIL together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 64.706 will confirm the new direction upwards with the target being the next key level of 65.295. and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
USOIL Will Go Higher From Support! Buy!
Take a look at our analysis for USOIL.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 60.773.
Taking into consideration the structure & trend analysis, I believe that the market will reach 64.119 level soon.
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.
Like and subscribe and comment my ideas if you enjoy them!
USOIL:The strategy of going short
USOIL: Same thinking, still maintain the short strategy. Friends with short orders at 63.3-63.5 continue to wait, can increase short orders near 63.8, the target is 62.5-62.3 unchanged
↓↓↓ More detailed strategies and trading will be notified here ↗↗↗
↓↓↓ Keep updated, come to "get" ↗↗↗
Crude Oil (WTI) Daily Chart AnalysisCrude Oil (WTI) Daily Chart Analysis
Pattern Formed:
A Symmetrical Triangle formation is clearly visible.
Context:
The prior trend leading into the triangle was bearish.
Typically, in technical analysis, a triangle after a downtrend is considered a continuation pattern — meaning there is a higher probability that the price will break downward.
The triangle appears to have completed its 5-wave internal structure (ABCDE), a classical behavior of contracting triangles.
Breakout Expectation:
After a completed 5-wave triangle, a breakout is imminent.
Directional Bias: Since this triangle is forming after a strong downtrend, the higher probability is for a bearish breakout.
However, triangles can break either way, and when they do, the move is often impulsive.
Potential Scenarios:
Bearish Breakdown (High Probability):
A downside break would likely trigger a sharp fall.
Immediate support levels to watch post-breakout:
$60.00
$56.50
$46.75 (measured move — target derived from the height of the triangle projected downward)
Bullish Breakout (Low Probability but Possible):
In case of an upside breakout, resistance zones are:
$72.00 (supply zone + previous highs)
$78.00
Upside could see sharp momentum but is less likely unless there is strong fundamental support (e.g., geopolitical tensions, production cuts).
Volume Confirmation:
Volume typically contracts during triangle formation. Post-breakout, volume expansion is essential to confirm the breakout direction.
Indicators (Suggested Additional Confirmations):
Watch for RSI — if divergence forms, could signal weakness.
Monitor MACD for crossovers at breakout zones.
Summary
Triangle Completed: 5-wave structure inside the triangle — ready for breakout.
Bias: Bearish continuation pattern — higher probability of a downward move.
Trigger: Breakout of the triangle boundary with volume expansion will confirm the next move.
Targets (Post-Breakout):
Downside: $60 ➔ $56.5 ➔ $46.75
Upside (less probable): $72 ➔ $78
⚠️ Disclaimer:
This analysis is based purely on technical chart patterns and historical price action. Trading and investing involve substantial risk. Always perform your own due diligence or consult a financial advisor.
Crude Oil is Building Momentum for a BreakoutDuring the U.S. trading session on Thursday, international oil prices fluctuated higher, with U.S. crude oil currently trading near $63.55 per barrel. Despite the intraday volatility, international oil prices remain under downward pressure, primarily influenced by two key factors.
First, data from the U.S. Energy Information Administration (EIA) showed that as of last week, U.S. gasoline and distillate inventories increased more than expected, signaling weakening refined product demand in the world’s largest economy. This development has sparked investor concerns about whether the U.S. summer driving season can sustain demand growth, leading to a ~1% decline in oil prices on Wednesday.
The current crude oil market is caught between supply and demand headwinds:
Supply-side pressures: OPEC+’s production increase plan and Saudi Arabia’s strategic price cuts have created short-term bearish sentiment.
Demand-side uncertainties: The unexpected rise in U.S. refined product inventories has amplified market doubts about the vigor of global consumption recovery.
Additionally, the escalation of international trade frictions has further dampened risk appetite, exacerbating downward pressure on prices.
In the short term, oil prices are likely to continue oscillating within the $60–$65 per barrel range. Market participants should closely monitor U.S. macroeconomic data and OPEC+’s compliance with its production policies for directional cues.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
buy@61.5-62.0
TP:63.0-63.5
US OIL LONG POSITION RESULT Oil had now formed a triple bottom pattern, and also holding the minor Support Trendline indicating signs for bullisd potential.
Price action did move in our direction, just couldn't break above the orange resistance zone, and then reversed and went straight down to our Sl (my bad though, Should've moved sl to entry price to make it safe).
Better Luck and TA next time.
US OIL LONG RESULT Oil price broke out of the falling expanding wedge, with some good volume in Confluence woth the double pattern (as at entry) and also holding the minor support Trendline I decided to open a long trade to the next supply zone.
Price did move in our direction, just dumped down to grab liquidity at the support again hitting our SL.
Was a B" setup so we'll move on.
WTI Oil H1 | Overlap support at 61.8% Fibonacci retracementWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 61.52 which is an overlap support that aligns close to the 61.8% Fibonacci retracement.
Stop loss is at 59.60 which is a level that lies underneath a multi-swing-low support.
Take profit is at 63.76 which is a multi-swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USCRUDEOIL - Up ChannelHi Traders,
We are following the price in the "Up Channel". I am not a wave trader but i do understand the concept. the ABC are just for drawing purposes not the exact science of it.
With that said, lets BUY CMCMARKETS:USCRUDEOIL
Price Action:
Price is moving within a clear ascending channel
Good Luck
Study, Study, Study Lorenzo Tarati
USOIL:tay long
USOIL: The short-term objective trend is oscillating. In terms of momentum, the MACD indicator is above the zero axis, showing a top divergence, indicating that the upward momentum is weakening. In the first two trading days, the overall rhythm trend was alternating between primary and secondary, and it is expected that the intraday crude oil trend will still maintain the probability of shock upward, so maintain the long idea.
Trading can wait for the retracement after the long.
Trading Strategy:
BUY@62.8-63
TP: 63.8-64
↓↓↓ More detailed strategies and trading will be notified here ↗↗↗
↓↓↓ Keep updated, come to "get" ↗↗↗
Maintain high-level volatility.In early trading on Wednesday in the Asian market, international oil prices fell slightly, mainly affected by the easing of supply-demand balance and the drag on the global economic outlook from trade concerns. Brent crude oil futures fell 0.1% to $65.58 per barrel, while U.S. WTI crude oil fell 0.1% to $63.32. This decline came after both rose about 2% in the previous trading day, hitting two-week highs. Tuesday's rally was driven by two main factors: first, large-scale wildfires in Canada since early May, which caused thousands of people to evacuate and disrupted part of crude oil production; second, markets expected Asian countries to reject the nuclear agreement draft proposed by the United States, thereby maintaining sanctions on the major oil-producing country and reducing crude oil supply. The current international oil market is in a game of multiple forces. On the one hand, geopolitical factors and natural disasters have increased short-term supply risks; on the other hand, OPEC+ production expansion and trade concerns have constrained the sustainability of price rebounds. In the absence of clear policy directions and confirmation from inventory data, oil prices may remain volatile at high levels.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: epeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
buy@62.0-62.5
TP:63.5-64.0
Crude oil is about to end its shock outbreak
💡Message Strategy
International oil prices rose in early Asian trading on Tuesday, mainly due to rising risks of supply disruptions. Iran is expected to reject a nuclear deal proposal from the United States, which would have paved the way for easing sanctions on Iranian oil exports.
In addition, wildfires in Alberta, Canada, also caused some oil and gas production to be suspended, exacerbating market concerns about supply.
Brent crude rose 0.86% to $65.20 a barrel; U.S. West Texas Intermediate rose 0.75% to $63.00. This continued the previous trading day's nearly 3% increase.
Geopolitical tensions also added to market concerns. The ongoing conflict between Russia and Ukraine has increased uncertainty in the global supply chain and geopolitical risk premiums.
Oil prices were also supported by OPEC+'s slowing production increase. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) decided at a meeting last week to increase production by only a small 411,000 barrels per day in July, the same as in the previous two months and lower than the large increase some market participants had expected.
International market conditions have a great impact on crude oil trends. Currently, various reasons have indicated an upward trend in crude oil, paving the way for the upcoming rising market.
📊Technical aspects
Technical analysis shows that the daily chart of US crude oil (WTI) is strong and still has room for upward movement in the short term. After the current WTI crude oil price stabilized at the integer mark of $61, it closed positively for several consecutive days, showing an obvious upward channel pattern.
In terms of technical indicators, the MACD fast and slow lines have formed a golden cross, and the kinetic energy column continues to expand, indicating that the bulls are strengthening; the RSI is near 65, not entering the overbought range, but showing good upward momentum.
In addition, the 5-day and 10-day moving averages continue to diverge upward after the golden cross, supporting the oil price trend. If the oil price can effectively break through the resistance level of $63.50, it is expected to challenge the previous high of $65.80;
💰 Strategy Package
Long Position: 62.00-62.50
USOIL BEARS ARE GAINING STRENGTH|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 63.56
Target Level: 56.12
Stop Loss: 68.51
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
USOIL - Long - WWIIIUkraine just bombed Russia's fighter jets in which Zelensky call a well coordinated plan that took one years since month to carry out. Russia being the third largest oil producer is likely to defend their most important resource oil companies which might limit oil production in the short term. However Russia is likely going to respond with equal force if not more which will then disrupt trades routes therefore cutting oil global supply. A shock supply will lead to higher oil prices. Technical analysis also supports these thesis by current prices being above moving averages however a pullback before prices ascend is imminent.
Summary
If entry 1 is triggered and hits target 1 then you can take a second entry( Entry2).
Entry 1 or Current = Target 1 or Target 2
Entry 2 = Target 2
Follow, Boost and share my ideas.
Foreign Capital
'If you Know, you Know."