USOIL - Bearish Head and Shoulders Hello Traders ! The USOIL failed to break the resistance level (80.148 - 79.652). The price formed a head and shoulders pattern. Currently, The neckline is broken ! So, I expect a bearish move📉 ________________ TARGET: 74.450🎯Shortby Hsan_BenhmedUpdated 222278
USOIL Potential UpsidesHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 78 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 78 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 7719
Hellena | Oil (4H): LONG to area of 82.000 (Wave "5"). Colleagues, all trading instruments are behaving extremely unpredictably right now due to the situation with Trump's inauguration among other things. I see this as an opportunity to redraw the waves. Apparently now the price is developing wave “4” and will finish it soon. I expect the price to reach the area of 82.000, renewing the high of wave “3”. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 6618
Moustafa! WTI Crude Oil to surge up still to the upside 21.01.25* Broke the weekly and the daily descending line and made already the pullback and intends currently to settle on and bounce from to the upside towards the mentioned TPs * You can enter from the current level at 76,480 or you could wait till 75,059 so you can decide according the price action you follow. Note: My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.Longby moustafa_mareiUpdated 7728
CRUDE OIL (WTI) Classic Gap TradeI notice a noticeable gap down opening on WTI Crude Oil, which typically indicates a high likelihood of the gap being filled. Additionally, I am observing signs of buyer strength, such as an ascending triangle pattern on hourly timeframe. I predict that the price will soon reach levels between 79.05 and 79.80.Longby linofx1556
US OIL IN BULLISH TREND 📈 USOIL (WTI Crude Oil) Analysis & Forecast - H4 Time Frame 📊 🛢 Technical Overview: Trend: Bullish momentum continues as WTI Crude Oil consistently rejects its supply zones, signaling strong buying interest. EMA Crossovers: Price has successfully crossed over the 100 EMA, 200 EMA, and 50 EMA, indicating a clear upward trend and a confirmation of strong bullish momentum. Support Zone: The recent rejections from supply zones reinforce this bullish scenario, showing resilience in price action. 🚀 Forecast: The technical target for this bullish move is projected at 83.00, aligning with strong resistance levels and Fibonacci extensions. Buyers are dominating the market, and the trend suggests further upward movement in the short to medium term. 💡 Trading Insight: With all major moving averages aligning for an uptrend and continuous bullish price action, it’s an opportune time to look for buy setups on pullbacks or consolidations. Keep an eye on key supply and demand zones for potential reversals or breakout confirmations.Longby DOLLARMAN_FOREX_TRADERUpdated 5516
Crude Oil Buying Opportunity!WTI Crude Oil is neutralizing the previously overbought 1D technical outlook (RSI = 69.520, MACD = 2.080, ADX = 64.888) as after crossing over the R1 level, it is pulling back under it. Technically this has been mirroring the March-August 2023 fractal and based on that, we should see this pull back almost reach the 1D MA50. A buy opportunity is waiting there and our target is the 1.618 Fibonacci level (TP = 86.00).Longby Aramis111115
WTI Oil H4 | Rising into overlap resistanceWTI oil (USOIL) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 77.20 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 78.77 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit is at 74.85 which is a pullback support. 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short02:40by FXCM116
JAN 19TH 2025 ANLYSIS /SENTIMENT 🔥 Futures Market Analysis: Friday Recap & Monday Domination Plan 🔥 Friday Recap (January 19, 2025): Crushing the Week 💪 Friday’s futures market wrapped up with some serious moves and setups for next week: 1. 📈 Equity Futures: • S&P 500 E-mini climbed steadily, flirting with key resistance at 4,500. Bulls stayed in control, setting up for what could be a breakout week. • Nasdaq Futures stole the spotlight 🚀, smashing through resistance as tech stocks carried the load. If you’re not watching this, what are you even doing? • Dow Jones Futures cooled off as industrials and energy weighed down the index. Time to let the big dogs rest. 2. 🛢️ Commodities: • Crude Oil Futures tapped the brakes (-1.3%) after a red-hot rally earlier in the week. The sell-off screams profit-taking, not panic. Watch for a bounce next week. • Gold Futures hit a six-month high 💰—safe-haven buyers are loving inflation fears and global tension. It’s shiny for a reason. 3. 📉 Treasury Yields & Volatility: • Bond futures relaxed, with yields dipping as traders priced in Fed softness. • The VIX dropped as if it knew Monday would be quiet. But don’t let the low volatility fool you—big moves are brewing. 💥 Monday Outlook: Dominate the Holiday Gap 💥 With markets closed Monday (MLK Day), here’s how to stay ahead of the game: 1. Sunday Night Action (Overnight Session): • Expect light trading volumes—perfect for quick volatility spikes. • 🔑 Focus Areas: • News from Asia & Europe could dictate overnight direction. • Crypto futures (Bitcoin 🚀, anyone?) may provide early clues for risk appetite. 2. Tuesday Gap Risk: • Big Gaps Ahead? With no trading Monday, markets could open Tuesday with serious energy. Gaps up or down will depend on weekend news—don’t sleep on this! • Levels to Watch: • S&P 500 E-mini: 🚧 Resistance at 4,500, support at 4,420. • Nasdaq Futures: Ready to rumble between 15,800 (resistance) and 15,300 (support). 📅 What’s Coming Next Week? 💡 Tuesday: Flash PMI data could shake things up. 🔥 Thursday: Initial jobless claims—are we still #winning in the labor market? 💣 Friday: Core PCE inflation (aka: what the Fed really cares about). This will be the week’s mic drop. Your Game Plan: From Crushing It to Kicking Ass 🔥 1. 🚨 Be Ready for Whipsaws: Low volume means traps are everywhere. Stay sharp, and don’t let the algos outsmart you. 2. 📊 Monitor Key Indicators: • VIX: A spike = risk-off. • Crude Oil: If it starts bouncing, it could set the tone for energy stocks. 3. 💪 Scenario Mindset for Tuesday: • Bullish Setup: Earnings and macro optimism light the fuse. • Bearish Setup: Bad news (or no news) throws cold water on the rally. You’re not here to play nice. You’re here to dominate. So bring the heat Tuesday and make sure your strategy is locked and loaded. Let’s kick ass and take names this week. 💥 Let me know if you want me to tweak the energy or tone! by bencryptoknight112
Crude Oil Short Trade Idea I’m considering a short position on crude oil , driven by two key macroeconomic factors: China’s Economic Slowdown : Weakening demand from China, the world’s largest oil importer, continues to pressure oil prices. Recent data shows slower-than-expected economic recovery, signaling reduced energy consumption. Easing Geopolitical Tensions: With Middle East geopolitical risks subsiding, concerns over potential supply disruptions have diminished, adding to bearish sentiment in the oil market. Let me know your thoughts or if you’re seeing additional factors that could influence this trade! 🛢️📉Shortby MasoudEskandari224
CRUDE OIL (WTI): Intraday Bullish Signal?! It looks like Crude Oil may go even higher. I see a bullish breakout of a bull flag on an hourly after a retest of a recently broken resistance. Goals: 79.0 / 79.4 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader4426
WTI Crude Oil Analysis: Demand Zone Reversal and Fibonacci Targewe can see that after breaking the downward trendline (yellow), the price has reached a specific demand zone (purple box). If valid reversal candles, such as a pin bar or engulfing candle, are observed in this zone, a buy trade can be initiated. It is expected that, by holding this zone, the price will start an upward move, breaking through Fibonacci levels and reaching the 50% and 61.8% targets. Ultimately, the main target could be near the 78.6% Fibonacci level.Longby Benyaminzap111
Oil - Double top bearish divergenceOn the above 3-day chart Crude oil has enjoyed a massive 400% rally since the buy signal in April 2020. A number of reasons now exist to be bearish, very bearish. This should really be the start of peak inflation for the moment. So why bearish? 1) The ‘great sell’ signal with 90% probability. 2) Double top bearish divergence. RSI prints a lower high on the price action double top (pink line). 3) Price action support breakout. Is it possible price action continues to rally? Absolutely. A back test of support to confirm resistance is possible. Is it probable? No. Be risk on folks. wwOShortby without_worriesUpdated 2235
USOIL-Sell 77 sl 77.60 tp 62As price hit upside leg of descending channel expect to fall pls like for support Good luck to youShortby Aramis1118820
sell wti usoilhello Although the liquidity level and the volume case are in the oversold area and the price is stuck in the place of traders' greed. I see the price going down to 76.66 Meanwhile, the price must move to provide liquidity for the trading gapShortby saeidsamadpoor224
XTIUSD MARKET FORECAST BEARSH TRADE🔥 Big Breakdown XTI/USD Trading Setup 📌 Entry Level: 76.30 📉 Target Levels: Take piont 75.20 Take piont 74.30 Take piont 73.50 Take piont 72.50 ⚙️ Stop Loss Adjustment: Once the market reaches Target 1 (75.20), move the stop loss to the Entry Point (76.30) to secure the trade. 📈 Indicator Used: EMA50 🚨 Strategy Reminder: Stick to the plan and manage your risk wisely. Let the market work in your favor.Shortby ExpertTrader041Updated 3312
USOIL - NEW BREAKOUTHello Traders ! On the daily time frame, The USOIL broke the resistance level (79.57 - 80.13). This key level becomes a new support level ! So, I expect a bullish move🚀 ______________ TARGET: 81.55🎯Longby Hsan_BenhmedUpdated 337
Navigating the Oil Market volatile prices Crude oil prices have been on a roller coaster ride in recent times, influenced by a multitude of factors, including geopolitical tensions, economic indicators, and OPEC+ production decisions. Let's break down the key elements affecting the current oil market: The Russia-Ukraine War and Sanctions The ongoing conflict between Russia and Ukraine has been a significant driver of oil price volatility. Russia is a major oil exporter, and the Western sanctions imposed on the country have disrupted global supply chains. This has led to supply concerns and consequently, higher oil prices. OPEC+ Production Cuts The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) have been actively managing oil production levels to stabilize the market. Their decision to cut production has had a direct impact on increasing oil prices. This move aims to balance supply and demand, ensuring oil prices remain at profitable levels for member countries. US Oil Production and Inventory Levels The United States is a major oil producer, and its production levels and inventory change s influence global oil prices. While US production has increased, it hasn't been enough to offset the supply disruptions caused by the Russia-Ukraine conflict and OPEC+ production cuts. Lower US oil inventories have also contributed to the upward pressure on prices. Oil Algorithmic Traders Loosen Grip on Market After Back to Back Annual Losses Gusgraph.com Global Economic Recovery and Demand The global economic recovery from the COVID-19 pandemic has led to increased demand for oil. As economies reopen and travel picks up, the demand for fuel has surged, putting upward pressure on oil prices. Other Factors In addition to the above factors, other elements such as geopolitical tensions in the Middle East, currency fluctuations, and speculative trading can also impact oil prices. In conclusion, the current oil price surge is a result of a complex interplay between geopolitical events, supply and demand dynamics, and economic indicators. The Russia-Ukraine conflict, OPEC+ production cuts, and robust global economic recovery are the primary drivers pushing oil prices higher. Navigating the Oil Market: A Day Trader's Guide The oil market is a dynamic and complex arena, presenting both significant opportunities and formidable challenges for day traders. Understanding the key drivers of oil price fluctuations is crucial for developing effective trading strategies. Key Factors Influencing Oil Prices: Geopolitical Events: The ongoing conflict in Ukraine and the resulting sanctions on Russia have significantly disrupted global oil supply chains. Geopolitical instability in the Middle East, a major oil-producing region, can also trigger price volatility. OPEC+ Production Decisions: The decisions of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) regarding production cuts or increases have a direct and significant impact on oil prices. Global Economic Growth: Strong economic growth translates to increased demand for energy, driving up oil prices. Conversely, economic slowdowns can lead to lower demand and lower prices. US Oil Production and Inventories: Changes in US oil production and inventory levels play a crucial role in influencing global oil prices. Currency Fluctuations: The value of the US dollar against other major currencies can impact oil prices, as oil is typically priced in US dollars. Day Trading Opportunities in the Oil Market: The volatile nature of the oil market presents several trading opportunities for skilled day traders: Identifying Trends: Identifying and trading with the prevailing trend (uptrend, downtrend, or sideways) is crucial. Technical analysis tools like moving averages and trend lines can be valuable in this regard. Capitalizing on News Events: Anticipating and reacting to news events, such as OPEC+ meetings, geopolitical developments, and economic data releases, can provide significant trading opportunities. Volatility Trading: High volatility periods can create short-term trading opportunities, but require careful risk management and a robust trading plan. Scalping: Scalping involves taking small profits on small price movements. This strategy requires quick decision-making and a deep understanding of market dynamics. Key Considerations for Day Trading Oil: High Volatility: The oil market is known for its volatility, which can present both significant opportunities and risks. Risk Management: Implementing strict stop-loss orders and position sizing strategies is crucial to manage risk effectively. Fundamental Analysis: Stay informed about geopolitical events, economic data, and industry news to make informed trading decisions. Technical Analysis: Utilize technical indicators such as moving averages, RSI, and MACD to identify entry and exit points. Emotional Control: The volatile nature of the oil market can trigger emotional responses. It's crucial to maintain discipline and avoid impulsive trading decisions.by Gusflier111
USOIL M15 and H1 scalping ideaslet me introduce myself, I am a trader who focuses on usoil and I have found an amazing indicator for this pair It can be seen that H1 has shown a bearish trend and entered the magic candle area so here I am ready to sell and on M15 a triple top formation is about to be formed let's see if this set up will tp?Shortby MaZenFx24112
WTI OIL expecting a +10% rise.WTI Oil (USOIL) has been trading within a Channel Up, supported by the 4H MA50 (blue trend-line) since the December 27 break-out. The price has already made contact with the bottom of the pattern (Higher Lows trend-line) so it is already a buy opportunity. The ultimate buy signal technically, however, has been the 4H RSI Higher Lows since the December 06 Low, so it is possible to see one more small pull-back before the trend reverses. Since the previous two Bullish Legs have increased by at least +10% since their 4H RSI Lows, we are targeting $84.40, which is the Resistance 1 level, exactly on the +10% mark. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot16
WTI could see another push to $80Upward trend with a bullish wedge break. Support is at around $75 and target is at around $80. If we see prices well below $75 this trade is invalidated. But do not put your SL to close below the support.Longby LGNDRY-Capital224
CRUDE OIL TO HIT $160?! (UPDATE):Oil prices have now broken above the trendline that started forming back in September 2023! We've seen a strong bullish rejection from our green support zone + trendline breakout. Currently up 850 PIPS (12% ROI) in profit from our support zone. Keep an eye out because rising Oil prices will create havoc in the markets!Longby BA_Investments117
USOIL - Expect retracement !!Hello traders! ‼️ This is my perspective on USOIL. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. After price filled the imbalance we can see price to start the retracement, I expect continuation till level 74.00 where we have huge imbalance. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD14