Oilforecast

Oil gearing up to blast through all time highs!Oil has outperformed commodities such as gold and silver Since March 10th when we had a pullback on commodities across the board. Combined with a geopolitical crisis This makes oil a very bullish asset that looks likely to blast through all time highs before the November elections in the US.

by alexishistory

WTI CRUDE OIL — 2H STRUCTURE & KEY LEVELS 🛢️ WTI CRUDE OIL — 2H STRUCTURE & KEY LEVELS 📊 WTI is currently trading around 90.0, sitting just above a clearly marked 88–89 support zone. Price previously respected the bullish trendline but later broke structure, shifting the short-term bias toward consolidation. 🔍 Market Structure Major resistance: 105–106 🚧 Fair Value Gap (FVG): 99–103 Current price: ~90 Key support: 88–89 🛡️ Major swing low: ~79.68 The previous bullish structure has weakened after the CHoCH, with price now forming a bro

by MarketStrategysignals

Crude Oil U.S Oil Index - Bullish Channel as an corrective pattern in Higher Time Frame - Fair Value Gap - Demand Zone - Completed " 123 " Impulsive Waves - Falling Wedge in Lower Time Frame

by ForexDetective

Something big to come up? US Oil make bullish structure! After making the high of 106.75, price retraced all the way till the support zone of 88 currently consolidating and taking multiple bounce-backs. It's a strong bullish zone as there is the confluence on rising trendline and horizontal support, price is expected to give a decisive breakout above 93.68 breaking the Resistance and immediate bearish trendline. If 93.68 is breached then it could resume it's moves on the bullish trajectory and even retest or surpass 106.62, but if it fails to do so

by CrazyTrades247

WTI CRUDE OIL — 4H MARKET STRUCTURE & PRICE ACTION 🛢️ WTI CRUDE OIL — 4H MARKET STRUCTURE & PRICE ACTION 📊 Market Overview WTI is currently trading around 92.45, after a strong rejection from the 106.75 H-H area. The chart shows that price has moved into a corrective phase following the previous bullish expansion. However, the broader 4H structure remains supported by the 87.50–89.00 higher-low zone, which is currently the key structural area to monitor. 🔎 Current Structure Price previously formed a strong bullish trend and established multi

by MarketStrategysignals

WTI CRUDE OIL — Bearish Channel & Key Support Setup 🛢️ WTI CRUDE OIL — Bearish Channel & Key Support Setup 📉 WTI remains inside a well-defined descending channel, with price continuing to form lower highs and lower lows from the 106.8 resistance area. The current structure keeps the broader short-term bias bearish while price trades beneath the channel’s upper boundary. 📉 Market Structure Price has been respecting the descending trendline and recently moved lower from the 96–98 order-block zone. The decline brought price into the 88–90 support

by MarketStrategysignals

WTI CRUDE OIL — 2H TECHNICAL ANALYSIS 🛢️ WTI CRUDE OIL — 2H TECHNICAL ANALYSIS 📈 Market Structure Price remains under a major resistance zone around 106.65. The previous bullish trend has shown a sharp rejection from the highs. A clear CHoCH (Change of Character) is visible around 95.0–95.5, indicating weakening bullish structure. 🔴 Current Resistance 96.5–99.0 is the key supply/resistance area. A sustained move above this zone could reopen the path toward 102–106.65. 🟢 Key Support 95.0–95.5: immediate structural support 87.5–89.5

by MarketStrategysignals

USOIL / WTI looking for retracement 0.618 Fibonacci level with FVG on the 1D timeframe 4H bearish trend has started Waiting for retracement before continuation Targeting $82–86 Manage your risk first #USOIL #WTI #CrudeOil #TechnicalAnalysis #Fibonacci #FVG #PriceAction #Bullish #TradingView #Forex #Commodities

Crude Oil U.S Oil - Bullish Channel as an corrective pattern in Higher Time Frame - RSI - Divergence - Resistance Level - Completed " 12345 " Impulsive Waves and " A " Corrective Waves - Sell Side Liquidity

by ForexDetective

WTI CRUDE OIL — 2H PROFESSIONAL MARKET ANALYSIS 🛢️ WTI CRUDE OIL — 2H PROFESSIONAL MARKET ANALYSIS 📊 MARKET STRUCTURE WTI Crude Oil is currently trading around 103.40 on the 2H timeframe. The broader structure shown on the chart remains contained within a bearish descending channel. Price has recently pushed upward toward the upper boundary of the channel, where significant resistance and supply are present. The key area to watch is around 106.00–107.00, where the chart shows a clearly marked resistance level at 106.79 together with an orde

by MarketStrategysignals

Crude Oil U.S Oil Index - Symmetrical Triangle as an corrective pattern in Lower Time Frame - RSI - Divergence - Completed " 12345 " Impulsive Waves - Order Block - Demand Zone

by ForexDetective

Oil Breaks Resistance: Is $110 the Next Major Test?Oil ( FX_IDC:USDBRO ) has resumed its bullish move as geopolitical tensions in the Middle East continue to intensify. After trending higher for nearly two weeks, oil has now broken above the nearby Resistance Lines and is approaching the key trading level of $107. Can oil break above the psychological $110 level and extend the rally toward $112? Macro Outlook Escalating tensions in the Middle East continue to support oil prices by increasing concerns about potential supply disruptions. Howe

WTI Crude Oil 4H: Inverse Head & Shoulders Setup Hi! WTI Crude Oil is forming a major bullish reversal structure on the 4H chart, currently testing a key resistance zone. 📉 Technical Highlights: Pattern: Inverse Head & Shoulders (ih&s) structure, with the Head supported by a primary Supply & Demand zone around $73.50 – $75.00. Current Action: Price is pressing against the ascending neckline resistance around the $87.50 – $88.00 area. Support: 100 SMA continues to slope upwards, providing dynamic support beneath the Right Shoulder. 🎯 Trad

by melikatrader94

WTI CRUDE OIL — 1H TECHNICAL ANALYSIS 🛢️ WTI CRUDE OIL — 1H TECHNICAL ANALYSIS 📊 Bullish Structure | Key Resistance Test | Breakout-or-Rejection Setup Current price: ~93.11 Chart timeframe: 1H ⚠️ Educational market analysis only — not financial advice. Levels are based on the structure visible in the provided chart and should be confirmed with price action/volume. 🟢 1. MARKET STRUCTURE — BULLISH WTI has developed a clear higher-high / higher-low structure after the reversal from the ~$79.63 support area. 📈 The important structu

by MarketStrategysignals

Crude Oil U.S Oil Index - Consolidation Phase as an corrective pattern in Lower Time Frame - Sell Side Liquidity - Change of Characteristics - Completed " 12345 " Impulsive Waves and " AB " Corrective Waves - Fibonacci Level - 50.00% / 61.80%

by ForexDetective

WTI CRUDE OIL — 1H TECHNICAL ANALYSIS 🛢️ WTI CRUDE OIL — 1H TECHNICAL ANALYSIS 📊 Current Price: ~86.49 🔍 Market Structure 📈 Price is trading inside a bullish channel, maintaining higher highs and higher lows. ⚠️ However, price is approaching a strong resistance zone around 87.00–87.40. 🎯 Key Scenario 87.00–87.40: Major resistance / supply zone A liquidity sweep above resistance is possible before rejection. 🔻 If bearish rejection confirms, price could move toward 84.00, with 83.20–83.40 as a deeper support/demand area. 📈 A clean

by MarketStrategysignals

Crude Oil U.S Oil - Completed " 123 " Impulsive Waves - Resistance Level - Fibonacci Level - 3ru8.20% / 50.00% - Sell Side Liquidity - Demand Zone

by ForexDetective

WTI CRUDE OIL — PROFESSIONAL TECHNICAL ANALYSIS # 🛢️ WTI CRUDE OIL — PROFESSIONAL TECHNICAL ANALYSIS 📊🔥 ## 🧠 Market Overview WTI Crude is currently trading around **82.35** after experiencing a strong corrective move from the **87.00–87.50 resistance area**. Despite the recent bearish pressure, the broader structure on the 2H chart remains **constructive/bullish**, as price previously established a strong recovery from the **74.26 low** and developed a clear ascending trendline. The current pullback can therefore be viewed as a potential *

by MarketStrategysignals

Crude Oil U.S Oil Index - Completed " 12345 " Impulsive Waves - Demand Zone - Sell Side Liquidity - Rising Wedge as an corrective in Higher Time Frame - Equal Lows

by ForexDetective

WTI CRUDE OIL — 4H PROFESSIONAL TECHNICAL ANALYSIS 🛢️ WTI CRUDE OIL — 4H PROFESSIONAL TECHNICAL ANALYSIS 📊🔥 📈 Market Structure WTI is currently showing a bullish recovery structure on the 4H timeframe. After finding strong demand around the 74–76 area, price established a series of higher lows and higher highs, indicating that buyers have regained control of the short-to-medium-term structure. The recent rally pushed price from the lower 80s toward 86.70, confirming continued bullish momentum. However, price is now approaching an area where a

by MarketStrategysignals

WTI CRUDE OIL (USOIL) — DETAILED TECHNICAL ANALYSIS # 🛢️ WTI CRUDE OIL (USOIL) — DETAILED TECHNICAL ANALYSIS 📊🔥 ## 📍 Current Market Overview WTI Crude Oil is currently trading around **81.95**, after recovering strongly from the lower support region. The chart shows that price has reacted positively from the marked **demand zone around 78.0–79.5**, indicating that buyers are actively defending this area. The broader structure previously showed a bearish trend, but the recent price action suggests that the market is attempting to transition int

by MarketStrategysignals

Crude Oil U.S Oil Index - Falling Wedge as an corrective pattern in Higher Time Frame - Demand Zone - Symmetrical Triangle in Lower Time Frame - Completed " 1234 " Impulsive Waves - Order Block

by ForexDetective

WTI CRUDE OIL — SHORT SETUP AFTER REJECTION FROM $84+WTI made a strong run into the $84.00–$84.50 area, but buyers failed to hold the move. On my 15-minute chart, price rejected the highs and produced a sharp bearish move followed by a CHoCH, suggesting short-term momentum may be shifting from buyers to sellers. I’m watching the $82.50–$83.50 area for a possible retracement and rejection rather than chasing the initial drop. My setup: 🔴 Bearish below: $83.50 🎯 Target 1: $80.00–$80.40 🎯 Target 2: $78.00 area ❌ Invalidation: Strong reclaim/hold a

by EvaultFinancialGroup

WTI Crude Oil (USOIL) Technical Analysis (2H)🛢️ WTI Crude Oil (USOIL) Technical Analysis (2H) 📊 🔍 Market Overview WTI Crude Oil remains under bearish pressure after facing a strong rejection from the 93.40 resistance zone. The market has formed lower highs and lower lows, confirming that sellers are still controlling the trend. Price is currently trading near 79.90, a key area where buyers may attempt a temporary defense. 📉 Technical Structure ✅ Strong rejection from the 93.40 resistance level. 🔄 Two visible Fair Value Gaps (FVGs) have a

by MarketStrategysignals