USOIL LONG FROM SUPPORT
USOIL SIGNAL
Trade Direction: long
Entry Level: 60.68
Target Level: 64.67
Stop Loss: 58.00
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.
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Energy Commodities
LNG Week 40: 64 BCF Storage Boost Meets Cooling Demand Drop*Due to the platform's features, the charts are arranged in sequence from left to right, from the first to the Eighth chart.
Current prices compared to price dispersion 10 days before expiration by month since 2010
The next NGX25 contract is trading above the 10-day average level before expiration and is showing significant volatility during this period. Prices for 2026 winter contracts continue to remain above the upper limit of the interquartile range, reflecting a steady upward trend ahead of the winter period.
Forward curve compared to 2020-2025
The shape of the forward curve in 2025 remains stable and converges even more closely with the configurations observed in 2023 and 2024 for similar dates. This trend is most evident for contracts with delivery terms of three years or more, where there is a steady convergence towards historical price levels.
Current stocks and forecast for next week compared to 2019-2024
According to the forecast for week 39 (September 22–28), underground storage stocks will increase by +64 BCF to reach 3,572 BCF, exceeding the level for the same week last year. The growth in stocks is supported by high production volumes, which remain the main driver of stock growth.
Weekly HDD+CDD sum based on current NOAA data and forecast for the next two weeks compared to 1994-2024
In week 40 of this year, HDD+CDD values for the continental United States remain significantly below the average values for the last 30 years of observations, as clearly shown in the graph for 2025. The forecast for week 41 also indicates that this trend will continue: a further decline in values relative to historical levels is expected, which may continue to exert downward pressure on demand and energy prices.
Explanation of the graph: the candles represent quantiles for 30 years from 1994 to 2024. Red dots represent 2024, green dots represent 2025, and blue dots represent the 2025 forecast.
Weekly HDD+CDD total based on current NOAA data and forecast for the next two weeks compared to 1994-2024 by region
A steady trend is observed in the leading regions: HDD+CDD values in 2025 remain below the historical averages for 1995–2024 in virtually all areas. The lag in indicators corresponds to the generally mild weather of the season and reduced energy demand for heating and cooling, which is recorded in all major regions.
Weekly total supply/demand difference compared to 2014-2024
This week, the difference between supply and demand in 2025 is at the average values for 2014–2024.
Number of days for delivery from warehouses
The graph shows the number of days of supply from storage alone, based on current consumption levels. In February–March 2025, reserves will be at 10–18 days, which is comparable to or slightly below average. In May–August, reserves will increase to 25–35 days, which is slightly below the 10-year average. At the beginning of October 2025, the number of days of consumption from reserves will have increased to 35 days, which is at the lower end of the IQR. The moderate level of storage adequacy to meet current demand creates a fundamentally tighter market, where even moderate production disruptions or minor spikes in demand can cause disproportionate price reactions, especially in late winter and early spring.
Anomalies in weather (HDD+CDD) and fundamental factors
Overall, fundamental factors and weather anomalies are within the expected range, with no systemic deviations, except for isolated declines in LNG exports caused by technical work at individual terminals.
This analysis was conducted in cooperation with Anastasia Volkova, analyst of LSE.
USOIL Will Go Down! Sell!
Here is our detailed technical review for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 60.770.
Taking into consideration the structure & trend analysis, I believe that the market will reach 57.241 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
USOIL: Waiting for breakout after sidewaysTo better understand my current outlook on USOIL, please refer to my previous higher-timeframe and fundamental analyses.
* Trend: assessed using at least three trend indicators, with market structure as the primary guide.
** Weak or Reversal Signals: Assessed based on one of our criteria for trend reversal signals.
*** Support/Resistance: Selected from multiple factors – static (Swing High, Swing Low, etc.), dynamic (EMA, MA, etc.), psychological (Fibonacci, RSI, etc.) – and determined based on the trader’s discretion.
**** Our advice takes into account all factors, including both fundamental and technical analysis. It is not intended as a profit target. We hope it can serve as a reference to help you trade more effectively. This advice is for informational purposes only and we assume no responsibility for any trading results based on it.
Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future 🙏✨
USOIL: Waiting for a reaction at strong supportTo better understand my current outlook on USOIL, please refer to my previous higher-timeframe and fundamental analyses.
* Trend: assessed using at least three trend indicators, with market structure as the primary guide.
** Weak or Reversal Signals: Assessed based on one of our criteria for trend reversal signals.
*** Support/Resistance: Selected from multiple factors – static (Swing High, Swing Low, etc.), dynamic (EMA, MA, etc.), psychological (Fibonacci, RSI, etc.) – and determined based on the trader’s discretion.
**** Our advice takes into account all factors, including both fundamental and technical analysis. It is not intended as a profit target. We hope it can serve as a reference to help you trade more effectively. This advice is for informational purposes only and we assume no responsibility for any trading results based on it.
Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future 🙏✨
George Vann @ ZuperView
Hellena | Oil (4H): SHORT to support area of 60 (Wave 3).The price is still not reaching the target of 60. I decided to make a new forecast, slightly changing the labeling of waves, or rather their importance.
At this stage, as before, I think that the price will reach the area of the level 60 in the middle wave “3”.
This movement is the development of the big corrective wave “C”. In general, the plan remains the same.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Natural Gas: Buy The Rumor Sell The NewsNatural gas spiked higher in the morning session on a strong inventory report.
Natural Gas inventories came in at 53B vs 66B est.
This report is showing a greater demand likely due to the colder temps.
In the afternoon Natural Gas reversed from the highs and sold off.
Ending the day with a Daily topping tail.
Technically the chart pattern in still strong. The 200 MA should be observed as bulls will want to defend that price level.
The Chart is still showing $4.00 target unless we see a failed breakout.
We netted a lovely day trade short today on the live stream.
Crude Oil – Bearish Below 61.83 as OPEC+ Meeting NearsCrude Oil – Overview
Crude prices remain under pressure as geopolitical and supply factors clash with weak demand signals.
The Trump administration will provide Ukraine with intelligence for long-range missile strikes inside Russia, raising geopolitical risk.
Markets await Sunday’s OPEC+ meeting, where another November output hike is expected despite supply glut concerns.
The latest EIA data showed crude inventories rising for the first time in three weeks, while gasoline stocks posted the biggest jump since June—signalling weaker demand.
Technical Outlook
Oil maintains a bearish bias as long as price trades below 61.83, with downside targets at 60.20 → 58.70.
A confirmed 4H close above 61.83 would flip momentum bullish, targeting 63.47 → 64.75.
Pivot: 61.83
Support: 60.20 – 58.70
Resistance: 63.47 – 64.75
Oil prices extend losses on supply concernsOil prices extend losses on supply concerns
Oil prices slipped Thursday, extending last week’s decline on oversupply worries and uncertainty from the U.S. government shutdown. Expectations that OPEC+ may raise output by up to 500,000 bpd in November, along with forecasts of a potential glut, weighed on sentiment.
Geopolitical risks remain in focus, with the G7 vowing tighter controls on Russian oil and the U.S. set to aid Ukraine with intelligence for strikes on energy infrastructure. Still, Chinese stockpiling helped limit losses. Concerns over Russian supply disruptions and steady Chinese stockpiling provided some support, but U.S. data showing rising crude and fuel inventories added to bearish pressure.
Natural Gas Price Hits 2.5-Month HighNatural Gas Price Hits 2.5-Month High
As the XNG/USD chart shows today, natural gas prices have risen above $3.600/MMBtu for the first time since mid-July.
According to media reports, the rise in gas prices has been driven by:
→ Weather models forecasting colder conditions, suggesting the heating season may begin earlier than expected;
→ An EBW Analytics Group note highlighting short-covering activity in the market, which has accelerated the rally (a short squeeze effect).
At the same time, chart analysis suggests that the upside potential may be limited.
Technical Analysis of the XNG/USD Chart
Three factors might restrict further price growth:
→ The RSI indicator signals extreme overbought conditions.
→ Price has moved above the upper boundary of the channel (which has been in place since August), indicating that natural gas may be overvalued.
→ If we view September’s moves as a 3.065–3.315 range, then the target following the breakout on 29 September should be calculated based on the range height — pointing to 3.645. This target has already been reached.
Thus, we could assume that the market is vulnerable to a pullback (for example, towards the median of the blue channel). At the same time, the steep upward trajectory (highlighted in orange) remains intact.
Therefore, we may see an attempt at a bullish breakout of the July high near the 3.65 level — although, given the factors mentioned above, such a breakout could well prove to be a false one.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
WTI Crude Oil
As shown in my previous analysis (pinned below this post), we shorted oil from the range high.
Now price has reached the range low, where two key buy levels are marked on the chart ✅.
🔹 If these levels break, the opposite scenario still stands.
🔹 We’re not in OPEC, we don’t make political or war decisions, and we don’t give orders to the market.
🔹 We are traders, simply trying to profit from opportunities.
⚡️ Remember: being biased toward your analysis = blowing up your account and losing confidence.
🎯 Always follow the market, never fight it.
Oil Playing Twister: Triple Bottom or Quadruple Pretzel?A Triple Bottom Walks Into a Bar…
Crude Oil (CL) has been busy doing something traders love and hate at the same time: building bottoms. First, it carved a neat Triple Bottom on the daily chart — textbook stuff. Everyone lined up at 66.68 waiting for the breakout champagne to pop.
But what did price do? Instead of exploding higher, it slammed on the brakes and took a detour straight back to support. Typical CL — always keeping traders on their toes.
Now we’re staring at the possibility of a Quadruple Bottom. Not a typo. Yes, they exist, but you don’t see them every day. Like spotting a unicorn in Times Square.
Why We Care About 66.68
That level isn’t just random. It’s the line where:
The Triple Bottom neckline lives.
The Supertrend upper band hangs out.
And, conveniently, the breakeven of our options spread sits.
In other words: get above 66.68 and suddenly this setup has wings. Target? Around 70.63, where UFO resistance is waiting to greet us.
The Fun Part: Bull Call Spread
Instead of swinging a giant futures bat and risking unlimited pain, we play it smarter with a Bull Call Spread:
Buy the 65 Call (Nov-17)
Sell the 71 Call (Nov-17)
Pay about 1.75 points (≈ $1,750 per standard spread, ≈ $175 if you go micro).
That’s it. Risk capped, reward mapped. Max loss? $1,750. Max gain? $4,250.
And yes, the breakeven is… drumroll… 66.8. Same line as the chart breakout. Love when math and pictures line up.
Plot Twist: Cheaper Now, But…
Here’s the kicker: because price dipped back into support, the spread might actually be cheaper right now. Sounds good, right?
But there’s a catch. Waiting for the breakout confirmation could make the spread pricier later, shrinking your reward-to-risk. Classic trading dilemma: do you want cheaper tickets with less confirmation, or more expensive tickets after the bouncer checks your ID?
Risk in 3 Sentences
Keep your trade size sane.
Don’t marry the setup if price dumps below the bottoms.
If CL rushes toward 70, take the money and run (or at least roll the short strike higher).
Bottom Line
Crude Oil is still building its base. Maybe it’s a Triple Bottom. Maybe it becomes the rare Quadruple Bottom collectors dream about. Either way, the play is the same: breakout above 66.68, aim for 70.63, and do it with a defined-risk Bull Call Spread that doesn’t keep you up at night.
Sometimes the market is dramatic. That’s why we trade it. 🎭
Want More Depth?
If you’d like to go deeper into the building blocks of trading, check out our From Mystery to Mastery trilogy, three cornerstone articles that complement this one:
🔗 From Mystery to Mastery: Trading Essentials
🔗 From Mystery to Mastery: Futures Explained
🔗 From Mystery to Mastery: Options Explained
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CRUDE OIL Free Signal! Buy!
Hello,Traders!
CRUDE OIL taps into a horizontal demand area, showing strong bullish reaction. Liquidity beneath recent lows is swept, signalling smart money positioning for upside continuation.
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Stop Loss: 61.35$
Take Profit: 62.87$
Entry: 61.94$
Time Frame: 8H
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Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Crude Oil Ready to Explode ? Watch This Key Support Pattern!Crude Oil (4H & 15Min Chart) Analysis:
Crude Oil is moving within a well-defined parallel channel on the 4-hour timeframe, with a strong support zone at 5480–5490.
On the 15-minute chart, a descending broadening wedge is forming, with the pattern support zone also near 5480–5490 and pattern resistance around 5600.
Potential breakout target: 5700.
If the support zone holds, we may see higher prices in Crude Oil.
Summary: Key support at 5480–5490 is critical. Watch for a breakout above 5600 for a potential upside move toward 5700.
Thank you !!
UKOIL H4 | Bullish Reversal in PlayBased on the H4 chart analysis, we can see that the price has bounced off the entry, which is a pullback support that could potentially rise from this level to the upside.
Buy entry is at 65.58, which his a pullback support.
Stop loss is at 64.54, which aligns with the 127.2% Fibonacci extension.
Take profit is at 68.44, which his a pullback resistance that lines up with the 61.8% Fibonacci retracement.
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.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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.
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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.
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Losses can exceed deposits.
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USOIL continues to decline on oversupply concerns
Oil prices tumbled on oversupply fears as major producers ramped up output. Reuters reported that ahead of the OPEC+ meeting on October 5th, November production hikes could exceed the planned 137,000 barrels per day. The resumption of Kurdish oil exports and prospects of additional supply may further pressure prices.
USOIL extended its decline before consolidating within the 61.50–63.00 range. The death cross of the EMAs points to a potential shift toward bearish momentum. If USOIL breaks below the 61.50 support, the price could retreat toward 60.00. Conversely, if USOIL breaks above the 63.00 resistance, the price may advance toward 65.50.
$COAI after a 63% pump is now trading in an Ascending Triangle $COAI after a 63% pump is now trading in an Ascending Triangle with resistance around 0.25 and rising support near 0.20. A breakout above 0.25 could push the price toward 0.35–0.40, while losing the rising support would risk a sharp drop back under 0.19.