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USOIL : Full analysisHello friends Well, you see that we have a descending channel in which the price is moving, and considering that the price reached the ceiling of the channel, we had a Sharpe decline, and now it seems that the sellers want to break the channel, and the first support identified could be the buyers' stronghold, where we need to see if they support the price or not. If they support, there is a significant resistance in their way. This area is full of sell orders and can naturally correct the price. In this regard, breaking this resistance is very important and vital for price growth. Now what if the buyers cannot support the price in the support area and the price falls further? Well, we need to find areas again for a sell trade because if the descending channel is broken, the fall will be heavier and it is better to move with the trend. This analysis is purely technical and is not a buy or sell recommendation. *Trade safely with us*
TVC:USOIL
by TheHunters_Company
BRENT OIL ANALYSIS - Nov 22 - is this the bottom?BRENT OIL - Weekly Outlook Current Price: 62.39 Context: At BOTTOM of recent range (61.80-65.00). Bouncing off weekly lows. Range-bound after multi-week decline. Bias: NEUTRAL-to-BEARISH (range trade until breakout) TRADE IDEAS FOR NEXT WEEK SETUP 1: LONG from Support (most current opportunity) Entry: 62.00-62.50 (preferably after sweep of prev. week's low) Stop Loss: 61.50 TP1: 63.50 (partial - 40%) TP2: 64.50 (partial - 40%) TP3: 65.00 (final - 20%) Logic: Price at support, oversold on daily. Range trade targeting middle/top of range. Pros: At support, good R:R, clear levels Cons: Oil fundamentals weak, could break lower SETUP 2: SHORT from Resistance (HIGH PROBABILITY) Entry: 64.50-65.20 Stop Loss: 66.50 TP1: 63.50 (30%) TP2: 62.00 (40%) TP3: 60.50 (30%) Logic: Resistance zone rejection. Range top. Downtrend bias continues. Pros: High R:R, higher timeframe trend continuation, clear rejection zone Cons: Need to wait for rally first KEY LEVELS Support Zones: 61.80-62.00 ← Weekly low (CRITICAL support - holding NOW) 60.50-61.00 ← Next major support if breakdown 42-45 ← Long-term support Resistance Zones: 63.00-63.50 ← Immediate resistance 64.50-65.20 ← Weekly high / major resistance 66.50-67.00 ← Next resistance if breakout
PEPPERSTONE:SPOTBRENT
by OwlResearch
1
WTI Crude Holds at Its Lowest Levels of the YearWTI crude oil continues to show a steady bearish bias below the 60-dollar area in the short term. For now, selling pressure has remained firm, while recent comments regarding the military conflict between Ukraine and Russia point to an increase in reinforcements aimed at achieving a possible ceasefire. Such a scenario could reduce the economic sanctions currently imposed on Russia and, over time, become an important factor that drives a stronger-than-expected recovery in global crude production. This backdrop has kept confidence in the price of the barrel limited, reinforcing a persistent bearish tone that could continue if an official ceasefire is eventually reached. Medium-Term Trend Remains Firm: During the second half of the year, the prevailing bearish movements in WTI have maintained a perspective aligned with a solid medium-term downward trendline. So far, no meaningful buying corrections have appeared that could threaten this bearish structure in recent weeks, making it likely that this formation will continue to dominate most price movements in the medium term—especially if the market continues to trade below the 50-period simple moving average. Neutrality Begins to Emerge in Indicators: At the moment, both the RSI line and the MACD histogram remain oscillating within the neutral range of their respective indicators. This suggests that, in the short term, both the average selling and buying impulses and the directional strength of the moving averages remain in a neutral and indecisive zone, which can partly be explained by the price interacting with important support areas. What matters here is that as long as both indicators maintain this neutral stance, they could open the door for potential bullish corrections to develop in the coming sessions. Key Levels to Watch: 60 dollars: This is the main resistance on the chart, aligned with the current downward trendline, the barrier marked by the 50-period moving average, and the 23.6% Fibonacci retracement level. Buying moves that manage to break above this area could trigger a break of the bearish trend, potentially activating a more constructive bullish tone. 58 dollars: This level corresponds to the most recent zone of indecision and could become the reference area to monitor if bullish corrections begin to form within current price movements. 57 dollars: This marks the lowest level of the year and stands as the most relevant bearish barrier at the moment. Selling moves that break below this level could open the door to a more aggressive bearish bias, extending the current downward trend even further. Written by Julian Pineda, CFA, CMT - Market Analyst
FOREXCOM:USOIL
by FOREX.com
Analysis of Core Factors in the Short-Term Oil MarketSupply Side: The oversupply situation has become a consensus, and the geo-political support has failed - Global supply remains consistently tight: The OPEC report in November adjusted the global oil situation to be in an oversupply state. The current daily production exceeds demand by 500,000 barrels, while the previous month's estimate was a shortage of 400,000 barrels. The IEA has continuously raised the expected global crude oil supply surplus for six consecutive months, and it is predicted that in 2026, there will be a record-breaking surplus of nearly 4 million barrels per day. At the same time, the supply increase in the United States is significant. As of the week of November 21, the total number of oil drilling rigs in the United States increased to 419. The Trump administration also plans to open new drilling areas in the west coast and the Arctic. Additionally, although OPEC+ has suspended production increases in the first quarter of next year, the overall supply growth trend remains strong, making it difficult to change the oversupply situation. - Geopolitical risks have marginally eased: There have been signals of peace talks in the Ukraine conflict. US officials stated that Ukraine has agreed to the terms of the peace agreement, with only some details yet to be finalized. Zelensky expects to "as soon as possible" visit the United States to advance the agreement. This news has weakened the geopolitical risk premium for oil. Although Russian refineries and export ports have been attacked multiple times recently, Russia can buffer through methods such as temporary storage in floating tanks, and the short-term export pressure is limited, making it difficult to have a substantive impact on supply. Crude Oil Strategy Analysis sell：58.5-59 tp:58-57.5 sl:59.5
TVC:USOILShort
by Thorne-
Crude oil off earlier lows but pressure remainsCrude oil has bounced off its earlier lows, thanks to a risk-on session in the stock markets. But oil's underlying trend remains bearish. Earlier saw Brent sliding to just below the $61 level—its lowest point this week, before stalling. Oil’s latest decline kicked off after reports suggested that Ukraine has agreed to the outline of a potential peace deal with Russia. Now, nothing is signed yet—there’s still a lot of negotiation left - but markets reacted immediately. So why did oil prices fall? Well partly because peace in the Ukraine-Russia conflict could mean sanctions on Russia may eventually be eased, and that could bring more Russian supply back into a global oil market that’s already pretty well-supplied. More supply equals more downward pressure on prices. From a technical perspective, the chart of oil tells you everything you need to know. As shown by the daily chart of Brent, crude oil continues to print lower lows and lower highs, which is classic downtrend behaviour. The key level to watch right now is $61 per barrel, a major support zone. If Brent breaks below that, then $60 is potentially the next target, followed by $58.25, which was the low back in April. Unless something changes fundamentally, we could easily see a continuation of the current downtrend in the days and weeks ahead. By Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:UKOILShort
by FOREX.com
Breaking: CETY Secures $10 Mln Battery Energy Storage ProjectClean Energy Technologies, Inc. (NASDAQ; NASDAQ:CETY ) has spike 80% gearing for a move to the $30 resistant if the stock should break through the 61.8% Fib retracement level. The RSI is at 54, giving room for massive upside as buyers step in. In another news, Clean Energy Technologies, Inc. (Nasdaq: CETY) today announced that it has secured a $10 million Battery Energy Storage System (BESS) project in New York State. This award represents the Company’s largest storage project to date and marks the first of several similar, either front of the meter or behind the meter, BESS deployments across New York State CETY expects to finalize in the months ahead. The New York project includes the deployment of a 5MW / 20MWh standalone energy storage system, designed to support grid reliability, peak-shaving, and market participation under New York’s Value of Distributed Energy Resources (VDER) program and ancillary grid services markets. The site has the opportunity to increase energy storage capacity to the maximum 20MW/80MWh storage permitted for such locations, subject to grid interconnection availability. About CETY Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States and internationally. It operates through four segments: Clean Energy HRS & CETY Europe, CETY Renewables Waste to Energy Solutions, Engineering and Manufacturing Business, and CETY HK. The company offers Clean Cycle generator, which captures wasted heat energy and produce electricity.
NASDAQ:CETYLong
by DEXWireNews
USOIL trades with a weak oscillatory biasUSOIL is exhibiting a weak oscillatory downward trend today. Despite a slight rebound yesterday, affected by bearish news and technical pressure, the intraday upside momentum remains insufficient, with bearish momentum gradually emerging. Overall, it shows a sluggish pattern of a quick pullback after the rebound. For the upside, focus on the short-term resistance zone of $59.5 - $60.5 per barrel, among which $59.5 per barrel can be regarded as a key watershed. On the downside, closely monitor the support range of $57.0 - $57.5 per barrel. If this zone is effectively broken down, the price may further decline to around $56 per barrel. Sell 59 - 59.7 SL 60.1 TP 57.5 - 57 - 56.5
TVC:USOILShort
by KingArthur_
WTI OIL Short-term relief rebound before a Lower Low?WTI Oil (USOIL) has been trading within a 1-month Channel Down and has just completed its strongest Bearish Leg (-5.91%). All previous three Bearish Legs eventually bottomed and rebounded into the new Bullish Legs towards the Sell Zone consisting of the 4H MA200 (orange trend-line) - 1D MA50 (red trend-line) range to form a new Lower High. In 2 out of those 3 cases, it even exceeded the 0.618 Fibonacci retracement level. As a result, we expect a short-term rise now to subsequently be sold towards the -0.236 Fibonacci extension. Our medium-term Target remains 56.500. --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX:USOIL
by TradingShot
Crude Ready For New Strong Leg UpCrude oil is recovering for the last few weeks, after new sanctions against Russia, with price rebounding from 56 sharply and impulsively. This suggests an important new swing low is in place, and we should now be aware of more upside ahead, with a minimum three-wave recovery that could take us toward 66.60 or even higher, after that wave b/ii setback which is now coming to an end at 58-59 support area. Even HS bullish pattern is calling for more upside. GH
NYMEX:CL1!Long
by ew-forecast
6
USOIL Is Very Bearish! Sell! Please, check our technical outlook for USOIL. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 57.983. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 57.471 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
1
WTI: Buyers Return After a False BreakoutOn the daily timeframe, buyers absorbed the sellers, and a false-breakout pattern has formed on the 4H chart. The nearest targets are 60.22 and 60.981. This analysis is based on the Initiative Analysis (IA) method. Hello, traders and investors! Oil is showing early signs of recovery. On the daily timeframe, the key level is 57.768 — the base of a buyer candle with increased volume during the last upward impulse. A high-volume seller candle interacted with this level, and yesterday’s daily buyer candle absorbed the seller, indicating strengthening buyer initiative. It’s also worth noting that in both candles, the key volume was accumulated at the bottom. The blue band on the chart represents the minimal price range of the candle where 50% of the volume was accumulated. The blue line marks the price level with the maximum accumulated volume. On the 4-hour timeframe, the price is in a sideways range. A false-breakout pattern has just formed at the lower boundary of this range. The nearest target is 60.22, which aligns with the 50% level of the trading range — an important point to monitor. The next target is 60.981. Wishing you profitable trades!
OANDA:WTICOUSD
by AlexeyWolf
Oil Upd:Price at Resistance–But the Real Story Is in OptionFlowRight now, price has reached the upper boundary of the 1σ Expected Range (ER). A pause or rejection here is possible. But that’s not the main story. Bears are getting active in the options market. First sign: A significant Put Condor has appeared — large enough to stand out. Target range: $55–$57 Timeframe: 20 days to expiry 📌 For those still learning: A Condor profits most when price stays within a tight range at expiry. Second wave of bearish positioning: Additional players are placing Put Spreads targeting $54–$55, but with a much shorter horizon — 5–7 days. This shows a layered approach: Short and mid- term pressure expected 🧠 Bottom Line: I’m not jumping into shorts right now — and I wouldn’t advise it blindly. But given this growing bearish sentiment, it’s smart to start looking for short setups Sentiment is building.
TVC:USOILShort
by ClashChartsTeam
1
WTI Oil Market Outlook: Sell Zones & Key LevelsOil is still respecting a broader downtrend structure with consistent lower highs and lower lows. Price recently reacted from the $62–63 resistance zone (trendline + supply) confirming another lower high and maintaining bearish momentum. As long as oil stays below this zone the chart suggests a continuation toward the downside with next supports sitting near $56.30, $52.50 and potentially $50.00 if bearish pressure accelerates. Only a clean breakout above $63 with strong candles would invalidate this bearish outlook and shift momentum toward the $66–70 zone. 🔻 Sell Setup 1 - Entry Zone: 62.00 – 63.00 - Stop Loss: 63.80 - Targets: TP1 59.00, TP2 56.30, TP3 52.50 🔻 Sell Setup 2 - Entry: Break below 57.50 and retest - Stop Loss: 59.20 - Targets: TP1 56.30, TP2 52.50, TP3 50.00 Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XTIUSDShort
by SibiSh
Crude Falls with Market Sentiment, Key Levels StandFrom a weekly perspective, the overall outlook on crude remains within a dominant downtrend since 2023, with a shorter-term trend forming from June 2025, currently stabilizing above the $55 per barrel mark. Scenarios: • Upside: Climbing back above the upper bound of the short-term channel (June–November 2025) and above the $63 mark could open the way for a retest of the upper boundary of the broader downtrending channel that has been in place since December 2023, near $66, before confirming a structured bullish breakout. • Downside: A drop below the lower boundary of the six-month channel and the $55 yearly low is expected to extend losses toward the bottom of the original downtrend channel near $49, where another bullish rebound could emerge. The borders of the December 2023–November 2025 channel remain dominant in defining crude’s next major directional move. Written by Razan Hilal, CMT
FOREXCOM:USOIL
by FOREX.com