CFDs on WTI Crude Oil
64.78USD / BLLR
+0.78+1.22%
As of today at 13:29 GMT
USD / BLL
No trades
USOIL trade ideas
USOIL Technical Analysis! BUY!
My dear followers,
I analysed this chart on USOIL and concluded the following:
The market is trading on 67.25 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 68.74
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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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WISH YOU ALL LUCK
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.
USOIL Technical Analysis – Black Mind Curve Breakout & Reversal🔍 Overall Market Context:
The current USOIL structure is a great example of market shift from compression to expansion, characterized by a breakout of the Black Mind Curve followed by a measured impulse move. This chart is not just reacting technically, but it reflects how institutional smart money manipulates curves, breaks minor structures, and then retests zones to refill orders before continuing directionally.
Let’s break the market psychology and price action phase by phase:
🔄 Phase 1: Black Mind Curve Breakout ✅
The Black Mind Curve represents long-standing supply pressure that had been capping price.
Its breakout marks a shift in market intention, often signaling the end of a distribution phase and beginning of a possible accumulation or re-accumulation.
Price broke above this curve cleanly with strong bullish candles, which also broke minor structure levels, confirming short-term bullish sentiment.
The breakout was also backed by momentum and volume as the market pushed 130+ pips upward—an aggressive impulse that trapped late sellers below.
📉 Phase 2: Retracement to Interchange Zones
Now, we’re in the retracement phase, where price is pulling back toward:
🔹 SR Interchange Zone ($66.80 - $67.30)
This zone was previous resistance, now flipping to support.
In MMC terms, this area is expected to serve as a refill zone where smart money will look to accumulate again after the breakout.
We are watching for confirmation candles or MMC-style reversal patterns here (e.g., inside bar breakouts, demand imbalances).
🔹 Main Zone ($65.80 - $66.50)
If the first zone fails, this is the next key demand base.
It holds historical value from previous accumulation phases (see July 10–25) and aligns with the origin of the last impulse.
Expect a sharper wick or deeper liquidity grab if price moves into this area.
📉 Phase 3: Final Defensive Zone – Major Support ($63.70 - $65.20)
This zone marks the last line of bullish defense.
A move here would mean the bullish structure is being reevaluated or absorbed by sellers.
However, if price hits this level, it could also attract significant institutional demand, setting up for a more powerful long-term leg up.
Reactions here are typically large and volatile, with a risk of fakeouts and fast reversals.
📈 Possible Scenarios (MMC Based Forecasting):
✅ Scenario 1 – Bullish Continuation (Primary Path)
Price finds support inside SR Interchange Zone.
Forms a base (MMC reversal structure) and pushes back to recent highs near $71.
Breakout above $71 opens room for next supply zones between $72.50 - $74.00.
⚠️ Scenario 2 – Deeper Liquidity Grab
Price breaks below SR Interchange and tests Main Zone for a deeper accumulation.
A wick or shakeout may happen before bullish continuation.
This trap zone could give the best R:R entry.
❌ Scenario 3 – Breakdown to Major Support
If both zones fail and bearish pressure sustains, price may revisit Major Support.
That would reset the bullish structure and require fresh MMC assessment.
🧠 MMC Logic at Work:
The curve break symbolizes the shift from supply dominance to a possible demand-led phase.
Minor structure breaks add fuel to trend shift and indicate participation from larger players.
Retracements are not weaknesses—they are refills for those who missed the move.
Smart money uses these zones and flips (SR interchanges) to hide in plain sight.
🎯 Key Takeaway for Traders:
This is a textbook MMC setup that combines:
Curve Breakout + Impulse
Zone Retest + Interchange Logic
Liquidity Engineering before Continuation
Traders should remain patient and observe reactions at each zone. Don’t chase—wait for the market to reveal its hand via MMC entry signals (break-of-structure, bullish engulfings, imbalance fills, etc.)
USOIL BULLS ARE STRONG HERE|LONG
USOIL SIGNAL
Trade Direction: short
Entry Level: 67.26
Target Level: 68.46
Stop Loss: 66.46
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
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✅
It looks like this chart for WTI Crude Oil is showing a bearish • Previous Move: There’s a strong downward leg before the flag formation, indicating bearish momentum.
• Flag Pattern: Price consolidates in an upward-sloping channel after the drop.
• Breakout: The chart suggests a bearish breakout below the channel, marked with a red arrow at around $67.25.
• Target Projection: The measured move target appears to be around the $53–54 range, based on the flagpole height.
USOIL REACHED THE 6,900.00 SUPPORT LEVEL. WHAT'S NEXT?USOIL REACHED THE 6,900.00 SUPPORT LEVEL. WHAT'S NEXT?
As we told July 31, the price got reversed towards first support level of 6,900.00. Market participants are waiting for the OPEC+ meeting this week, expecting a significant output hike. Currently, the price sits slightly above the support level. Although, the asset trades above this level, considering the current weakness of the asset, further decline is expected. The 6,800.00 support level is the next target here.
USOIL WTIWest Texas Intermediate (WTI) oil is a major benchmark for crude oil pricing, known for its high quality—being both light and sweet due to its low sulfur content and low density. WTI is sourced primarily from inland Texas and is the underlying commodity for oil futures traded on the New York Mercantile Exchange (NYMEX). The main physical delivery point is Cushing, Oklahoma, a critical U.S. oil storage and trading hub.
Current Price (as of August 1, 2025)
WTI crude oil is trading around $69.15–$69.36 per barrel.
Recently, WTI prices have seen volatility due to global economic factors, including U.S. tariffs, OPEC+ production, and shifts in oil demand. Despite a small decline on the day, oil prices have posted their strongest weekly performance since June, rising over 6% for the week.
Market and Outlook
Recent price movement reflects concerns about global trade tensions, new tariffs, and their impact on economic growth and energy demand. At the same time, supply risks remain due to geopolitical factors such as potential sanctions on Russian oil and U.S.-China trade developments.
Analyst forecasts for the remainder of 2025 suggest continued volatility, with WTI potentially ranging between $56 and $73 per barrel, influenced by demand, OPEC+ decisions, and geopolitical events.
Quick Facts Table
Feature Detail
Type Light, sweet crude
Benchmark NYMEX (U.S.), major global reference
Main Delivery Point Cushing, Oklahoma
Latest Price (Aug 1, 2025) $69.15–$69.36 per barrel
Typical Drivers U.S. tariffs, OPEC+ decisions, trade policy, supply risks, global demand
WTI oil plays a central role in global energy markets, serving as a benchmark for North American and international oil pricing. Its price reflects both supply fundamentals and broader macroeconomic and geopolitical developments.
#OIL #WTI
Falling towards 50% Fibonacci support?WTI Oil (XTI/USD) is falling towards the pivot, which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 68.21
1st Support: 65.56
1st Resistance: 72.91
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Oil prices rebound, maintain bullish attitude
💡Message Strategy
International oil prices continued their upward trend on Thursday, closing higher for the fourth consecutive day, as concerns about growing global supply tightness abounded. Brent crude for September delivery rose 0.4% to $73.51 a barrel, while West Texas Intermediate (WTI) crude for September delivery rose 0.5% to $70.37 a barrel, while the more active Brent October contract rose 0.4% to $72.76 a barrel.
Recently, the market has focused on the statement of US President Trump, who demanded that Russia make "substantial progress" on the situation in Ukraine within 10-12 days, otherwise he would impose 100% secondary tariffs on its trading partners, significantly bringing forward the previous 50-day deadline.
Inventory data suggests a continued struggle between supply and demand. Data from the U.S. Energy Information Administration (EIA) showed that U.S. crude oil inventories unexpectedly rose by 7.7 million barrels to 426.7 million barrels in the week ending July 25, far exceeding expectations for a 1.3 million barrel drop. However, gasoline inventories fell by 2.7 million barrels to 228.4 million barrels, exceeding market expectations for a 600,000 barrel drop.
📊Technical aspects
From a daily perspective, WTI crude oil prices have closed higher for four consecutive days since rebounding from the $66 level. It is currently running stably above the integer mark of $70 per barrel. The short-term moving average system is in a bullish arrangement, and the MACD indicator remains above the zero axis, indicating that the bullish momentum is still strong.
From an hourly perspective, if the price breaks through the previous high of $70.50, it is expected to further rise to the $73.50-$75 range. Conversely, if it continues to fall below the $70 mark, it may trigger short-term profit-taking, and further support will focus on the $68.50 level. Overall, the short-term trend remains bullish.
💰Strategy Package
Long Position:68.00-68.50,SL:67.50,Target:70.50-73.00
Bullish bounce off 50% Fibonacci support?USOUSD is falling towards the support levle which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 68.20
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
Stop loss: 65.68
Why we like it:
There is a multi swing low support.
Take profit: 71.06
Why we like it:
There is a swing high resistance.
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Is the surge in crude oil bulls here a comeback?The news-driven support for crude oil's recent rally is almost exhausted, so we'll continue to adopt a buy-low-sell-high strategy today, using a small stop-loss to maximize profits.
Short at $71.20, with a stop-loss at $71.70 and a take-profit at $69.20. (For aggressive shorting, try shorting at $70.95).
The above strategy is Charlie's personal opinion and is for reference only. If you follow suit, please be cautious and use a stop-loss to protect your position. TVC:USOIL FOREXCOM:USOIL TRADU:USOIL TRADU:USOIL
Crude Oil: Buying Pressure StrengthensFenzoFx—Crude Oil maintained its bullish trend with an ideal dip for entry on July 25. Stochastic and RSI 14 indicate overbought conditions, suggesting intensified buying pressure. A breakout seen yesterday reinforces the bullish bias.
Our projection remains optimistic, targeting a move toward the Fair Value Gap zone, extending to $73.8. However, if Oil closes below the $69.3 support, the bullish outlook will be invalidated.
USOIL IS GOING BULLISH. FOR HOW LONG?USOIL IS GOING BULLISH. FOR HOW LONG?
Brent has started this week with a strong bullish momentum and holds near 6-week high on supply fears. President Trump announced plans to impose tariffs on Indian exports and penalize its Russian oil imports. In a parallel move, the US introduced its most extensive sanctions on Iran in seven years. The United States has even offered its oil to the world in exchange for Iranian and Russian oil, but there is evidence that the US production capacity is now at historic highs and is unlikely to grow in the near future.
However, technically oil shows us bearish divergence on RSI and bearish wedge here. The price may reverse towards 6,900.00 as a first target. EIA data showed US crude inventories jumped by 7.7 million barrels last week—the largest increase in six months and defying forecasts for a decline. Market participants are waiting for the OPEC+ meeting this week, expecting a significant output hike.
Crude Oil’s $70 Surge Still Faces 3-Year Channel ResistanceAlthough news points to a crude oil price surge, technical analysis indicates price cap risks remain within the borders of a 3-year descending channel.
Should a clear hold emerge above the $70 barrier, the bullish rebound in price action from the $64.40 zone, in line with the weekly RSI’s rebound off the neutral 50 zone, may extend toward the channel’s upper boundary at $72.40, $74.40, and $77 in more extreme scenarios.
A confirmed hold above the $77–78 zone may shift the primary trend away from bearish dominance and pave the way for longer-term bullish forecasts.
On the downside, if a price drop results in a clean break below the $64 barrier, downside risks may extend toward the mid-zone of the long-standing channel, with potential support levels at $63.20, $61.80, and $59.70, respectively.
Written by Razan Hilal, CMT
USOIL GROWTH AHEAD|
✅CRUDE OIL broke the key
Structure level of 69.50$
While trading in an local uptrend
Which makes me bullish biased
And I think that after the retest of the broken level is complete
A rebound and bullish continuation will follow
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Xmoon Indicator Tutorial – Part 2 – Pivots🔻🔻🔻+ Persian translation below 🔻🔻🔻
🔹 What Is a Pivot?
In the Xmoon strategy, every high or low that forms on the chart is considered a pivot.
The number of candles between two highs or two lows defines the size of the pivot.
The more candles there are between them, the larger and more reliable the pivot becomes.
🔸 Types of Pivots in the Xmoon Indicator Settings
In the settings panel, you can choose which types of pivots the patterns should be based on.
There are 4 pivot types :
• Super Minor → the smallest pivot
• Minor
• Mid Major
• Major → the largest pivot
⏫ As you move from Super Minor to Major, the strength of the pivot increases — but the number of signals decreases.
⚖️ Choosing the Right Pivot = Your Trading Style
• Want more signals? → Use smaller pivots like Minor or Super Minor
• Prefer higher accuracy and lower risk? → Use larger pivots like Major or Mid Major
💡 Pro Tip: On higher timeframes, pivots perform better and help reduce risk.
✍️ Summary
If you're looking for frequent signals, trade on lower timeframes, and can handle higher volatility and pressure, then smaller pivots like Super Minor and Minor are a better choice.
But if you prefer quality over quantity, work on higher timeframes, and value clarity, peace of mind, and higher success rates, then larger pivots like Mid Major and Major are the way to go.
📣 If you have any questions or need guidance, feel free to ask us. We’d be happy to help.
🔻🔻🔻 Persian Section – بخش فارسی 🔻🔻🔻
🔹 پیوت چیست؟
در استراتژی ایکسمون، هر قله یا درهای که روی چارت شکل میگیرد، یک پیوت محسوب می شود
فاصله زمانی بین دو قله یا دو دره (یعنی تعداد کندلهایی که بینشان قرار دارد) اندازهی پیوت را مشخص میکند
هرچه تعداد کندل بین دو سقف یا کف بیشتر باشد، آن پیوت بزرگتر و معتبرتر است
🔸 انواع پیوت در تنظیمات اندیکاتور ایکسمون
در بخش تنظیمات، میتوانید مشخص کنید که الگوها بر اساس چه نوع پیوتهایی شناسایی شوند
ما ۴ نوع پیوت داریم
• سوپر مینور ← کوچکترین پیوت
• مینور
• میدماژور
• ماژور ← بزرگترین پیوت
⏫ هرچه از سوپرمینور به سمت ماژور برویم، قدرت پیوت بیشتر میشود، ولی تعداد سیگنالها کمتر می شود
⚖️ انتخاب پیوت مناسب = سبک معاملاتی شما
• به دنبال سیگنال زیاد هستید ← پیوت کوچک تر = مینور و سوپرمینور
• به دنبال دقت بیشتر و ریسک کمتر هستید← پیوت بزرگتر = ماژور و میدماژور
💡 نکته حرفهای: در تایمفریمهای بالا، پیوتها عملکرد بهتری دارند و به کنترل ریسک کمک میکنند
✍️ جمعبندی
اگر دنبال سیگنالهای زیاد هستید، در تایمفریمهای کوچکتر کار میکنید و میتونید نوسانات و فشار روانی بالاتر رو تحمل کنید، پیوتهای کوچکتر مثل سوپرمینور و مینور انتخاب مناسبتری هستند
اما اگر در تایم فریم های بزرگتر کار می کنید و کیفیت سیگنال، آرامش ذهنی و احتمال موفقیت برایتان مهمتر است، پیوتهای بزرگتر مثل میدماژور و ماژور انتخاب بهتری هستند
📣 اگر سوالی دارید یا نیاز به راهنمایی دارید، خوشحال میشویم از ما بپرسید
با کمال میل در خدمتتان هستیم