Could we see a bearish drop?WTI Oil (XTI/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support, which is slightly below the 161.8% Fibonacci extension.
Pivot: 62.32
1st Support: 57.97
1st Resistance: 65.95
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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Bearish continuation?WTI Oil (XTI/USD) is rising towards the pivot, which is a pullback resistance, and could drop to the 1st support.
Pivot: 62.15
1st Support: 60.63
1st Resistance: 63.15
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bearish drop?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support.
Pivot: 64.72
1st Support: 62.67
1st Resistance: 66.82
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off pullback support?WTI Oil (XTI/USD) is falling towards the pivot which aligns with the 38.2% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 63.94
1st Support: 62.09
1st Resistance: 65.90
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Could we see a bullish reversal?WTI Oil (XTI/USD) is reacting off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 62.08
1st Support: 60.99
1st Resistance: 64.18
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal?WTI Oil (XTI/USD) has rejected off the pivot and could drop to the 1st support which acts as a multi swing low support.
Pivot: 63.97
1st Support: 57.80
1st Resistance: 68.85
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off key support?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 64.17
1st Support: 63.59
1st Resistance: 65.73
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Market Analysis: WTI Crude Oil StrugglesMarket Analysis: WTI Crude Oil Struggles
Crude oil is showing bearish signs and might decline below $62.25.
Important Takeaways for WTI Crude Oil Price Analysis Today
- Crude oil price failed to clear the $65.60 region and started a fresh decline.
- There is a short-term bullish trend line forming with support at $62.25 on the hourly chart of XTI/USD.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil, the price struggled to clear $65.60 against the US Dollar. The price started a fresh decline below $64.60.
The bears gained strength and pushed the price below $62.00. Finally, the price tested $61.20 and recently started a recovery wave. There was a move above $62.00, the 50-hour simple moving average, and the 23.6% Fib retracement level of the downward move from the $65.63 swing high to the $61.23 low.
The bears are now active near $63.00. If there is a fresh increase, the price could face a barrier near $63.05. The first major resistance is near the 50% Fib retracement at $63.40. The next stop for the bulls could be near $64.60. Any more gains might send the price toward $65.60.
Conversely, the price might start another decline and test a short-term bullish trend line with support at $62.25 and the 50-hour simple moving average.
The next major support on the WTI crude oil chart is $61.20. If there is a downside break, the price might decline toward $60.50. Any more losses may perhaps open the doors for a move toward $60.00.
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.
Potential bearish drop?WTI Oil (XTI/USD) has rejected off the pivot, which has been identified as a pullback resistance and could drop to the pullback support.
Pivot: 65.81
1st Support: 57.80
1st Resistance: 68.85
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bearish drop off?WTI Oil (XTI/USD) has reacted off the pivot and could drop to the 1st support.
Pivot: 64.20
1st Support: 62.48
1st Resistance: 65.62
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal forming at key resistance?WTI Oil (XTI/USD) is rising towards the pivot, which is an overlap resistance and could reverse to the 1st support.
Pivot: 65.82
1st Resistance: 66.80
1st Support: 63.79
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Pullback resistance holding โ Bearish reversal in play?WTI Oil (XTI/USD) is reacting off the pivot, which has been identified as a pullback resistance that lines up with the 38.2% Fibonacci retracement and could drop to the 1st support.
Pivot: 65.81
1st Support: 62.17
1st Resistance: 68.85
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XTI/USD Analysis: Oil Price Falls 2.8% from This Weekโs HighXTI/USD Chart Analysis: Oil Price Falls 2.8% from This Weekโs High
As the XTI/USD chart shows, this morning (27 August) WTI crude oil is trading around the $63 level, although on Monday it climbed above $64.70. This means the price has retreated by approximately 2.8% from this weekโs high.
The bearish momentum may be linked to the marketโs reassessment of geopolitical risks. According to Reuters, US Special Representative Steve Witkoff stated that:
โ he will meet with a Ukrainian delegation in New York this week;
โ the US administration is also in talks with Russia, seeking to bring the war to an end.
He also noted that Washington is striving for de-escalation in the Middle East. We could assume that market participants are pricing in the possibility that these efforts could lead to the easing of sanctions and reduce risks and restrictions in global oil trade.
Technical Analysis of the XTI/USD Chart
On 19 August, we highlighted that:
โ the August downtrend remained intact, though it appeared to be weakening;
โ bulls might exploit this situation and attempt to launch an attack.
Indeed, since then the price rallied to a peak near $64.80, forming an upward trajectory shown by the orange lines. However, at the start of this week, momentum shifted back to the bears, as evidenced by a series of bearish signals on the chart:
โ Yesterday, bulls attempted to resume the upward trend from the lower orange boundary but failed โ this was reflected in a candlestick with a long upper shadow, touching the $64 level before reversing downwards.
โ Bears then built on this success, pushing the price below $63.50 (where the lower orange line had been positioned).
โ This morning, WTI is trading close to weekly lows, highlighting the bullsโ inability to counter the pressure.
As a result, bears have driven the price back into the descending channel that has been in place since the start of the month. Given the above, we could assume that the market may continue to develop bearish dynamics within this downward channel โ with WTI potentially heading towards the red median line.
The forthcoming oil inventory report (due today at 15:30 GMT+3) might have a significant influence on how the situation unfolds.
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.
Bearish continuation?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support, which is a pullback support.
Pivot: 65.65
1st Support: 60.66
1st Resistance: 70.97
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal off pullback resistance?WTI Oil (XTI/USD) is rising towards the pivot, which has been identified as a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse to the 1st support.
Pivot: 65.56
1st Support: 62.67
1st Resistance: 67.44
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Market Analysis: WTI Crude Oil Struggles In RedMarket Analysis: WTI Crude Oil Struggles In Red
WTI Crude oil is also down and remains at risk of more losses below $62.00.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices extended losses below the $65.00 support zone.
- A major bearish trend line is formed with resistance at $63.05 on the hourly chart of XTI/USD.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil, the price struggled to continue higher above $66.00 against the US Dollar. The price formed a short-term top and started a fresh decline below $65.00.
There was a steady decline below the $64.50 pivot level. The bears even pushed the price below $63.50 and the 50-hour simple moving average. Finally, the price tested the $62.15 zone, and the price is now consolidating losses.
On the upside, immediate resistance is near the 23.6% Fib retracement level of the downward move from the $65.98 swing high to the $62.15 low at $63.05. There is also a major bearish trend line at $63.05 and the 50-hour simple moving average.
The main hurdle is $63.50. A clear move above the $63.50 zone could send the price toward the 61.8% Fib retracement level at $64.50.
The next key resistance is near $66.00. If the price climbs further higher, it could face sellers near $68.00. Any more gains might send the price toward the $70.00 level.
Immediate support is near the $62.15 level. The next major level on the WTI crude oil chart is near $61.20. If there is a downside break, the price might decline toward $60.00. Any more losses may perhaps open the doors for a move toward the $55.00 zone.
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.
Oil at Key Support โ Bounce or Breakdown?Crude oil is trading around $66.94, showing a bearish correction after failing to hold above $69.05. The chart shows price respecting an ascending channel but currently testing its lower boundary. The recent drop signals weakening bullish momentum, and a confirmed break below the channel could accelerate selling pressure toward lower levels.
๐ Potential Scenarios
- Bullish Rebound: If price holds above the channel support (~$66.00โ$66.50) and breaks back above $69.05, it may target $71.03 and possibly $72.00.
- Bearish Breakdown: A confirmed close below $66.00 can accelerate the downside toward $65.00, with extended targets near $63.50โ$62.00.
๐ Key Technical Highlights
- Price rejected from the channel top and is now testing lower support.
- Key resistance zones: $69.05 (immediate), $71.03 (major).
- Key support zones: $66.00 (channel), then $65.00โ$63.50 (breakdown targets).
- Momentum indicators show weakening buying pressure, favoring cautious trading.
๐ Key Levels to Watch
- Resistance: $69.05 โ $71.03 โ $72.00
- Support: $66.00 โ $65.00 โ $63.50
๐งญ Trend Outlook
- A short-term relief bounce is possible, but failure to reclaim $69.05 keeps sellers in control.
- Breaking below the channel would shift the overall outlook to bearish for August.
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!
USOIL Robbery Alert! Smart Entry Plan Below Key MA Level๐๐ฅ โWTI Energy Heist: Thief Traderโs Bearish Master Planโ ๐ฅ๐
The Official Robbery Blueprint for Smart Traders
๐ Hi! Hola! Ola! Bonjour! Hallo! Marhaba! ๐
๐ธ Welcome, Money Makers & Market Robbers! ๐ธ
๐จ Get ready to break into the "US Oil Spot/WTI" market with precision-crafted bearish strategy from the one and only โ Thief Trader Style!
๐๐ฃ THE HEIST IS ON: SHORT PLAN LOADED! ๐ฃ๐
Weโve analyzed the charts using Thief Technicals + Fundamental Lockpick Tools and spotted a high-risk GREEN zone โ a consolidation trap where greedy bulls usually get caught. This is where we strike.
๐ ENTRY:
"Wait for the Neutral Moving Average to Break โ Then Make Your Move!"
๐ฏ Focus zone: 64.50
โ ๏ธ Wait for the breakout โ do NOT enter before it happens.
โ
Use sell stop orders above the MA line or place sell limit orders on the pullback after the breakout (target within the 15โ30 min candle near swing high/low).
๐ง Thief Tip: Layer in entries using the DCA (layered attack strategy) to catch price on its way down. Set a chart alert so you donโt miss the strike moment.
๐ STOP LOSS:
"Set it smart or donโt set it at all โ you choose the fire you want to play with!"
๐ SL only gets placed AFTER breakout.
๐ฏ Recommended SL at 66.00 on the 4H swing level.
โ ๏ธ DO NOT place any orders or SL before confirmation breakout.
๐ Your SL depends on your risk %, lot size, and number of entries stacked.
๐ฏ TARGET ZONE: 62.50
๐ธ Lock profits before the bulls wake up. This level is based on market exhaustion zones and historical bounce areas.
๐ง WHY WE'RE SHORTING THIS?
This isnโt just a chart move โ itโs backed by full-scale robbery research:
๐ฐ COT Reports
๐ Macro & Seasonal Trends
๐ข๏ธ Crude Oil Inventories
๐น Sentiment & Intermarket Correlation
๐ Supply-Demand Dynamics
๐ Before pulling the trigger, educate yourself with the fundamentals. Dive into COT, Seasonal, and Macro reports. Donโt rob blindly โ rob smart.
โ ๏ธ Risk Management Alert:
Major news releases? Step back.
Trailing stops? Lock it in.
Position sizing? Know your risk.
Trade like a professional robber, not a street pickpocket.
๐ฅ๐ SUPPORT THE ROBBERY PLAN ๐๐ฅ
๐งจ Smash that BOOST button to support this trading style and help more traders rob the market clean. Every like, every boost makes this community stronger.
๐ฌ Drop a comment, share your entry levels, or post your winning trades.
This is a trading crew โ we rob together, we profit together.
๐ Stay tuned โ more heist plans dropping soon.
Until then... Rob Smart. Trade Hard. Take Profits. ๐ฐ๐ช๐ฏ
WTI Under Attack โ Rob the Market with This Bear Setup๐ข๏ธ๐ฃ WTI Oil Short Raid: Bearish Heist Activated! ๐ฃ๐ข๏ธ
๐ Thief Traderโs Limit-Layered Attack Plan ๐
๐ฅ Attention Market Robbers & Chart Breakers! ๐ฅ
We're about to break into the XTIUSD / US Oil Spot vault โ Bearish style.
๐จ The Setup:
This ainโt your average breakout โ weโre talking high-precision, multi-layered entries on a downside raid.
๐ง Thief Trader Strategy: Drop limit orders at key zones like trip wires. Let price walk into your trap.
๐ฏ Plan:
๐งฑ Entry: Any level after MA resistance confirmation.
Layer multiple limit orders โ DCA-style โ after trend shows weakness.
๐ Stop Loss: 66.300 ๐
Protect your vault. Place SL just above major 4H rejection zone.
๐ฏ Target: 60.000 ๐ฐ
Profit at exhaustion level. This is where bulls cry, and we cash out.
๐ง Robbery Logic Backed By:
COT Data ๐
Crude Oil Inventories ๐ข๏ธ
Macro + Sentiment Flows ๐
Technical MA Break + Retest Patterns ๐ฏ
๐ฅ Why this isnโt a random short?
Because thieves do research โ not guesswork.
Bulls have overextended. Oilโs price is reacting to strong supply pressure and weakening demand outlook.
โ ๏ธ Risk Note:
No entry without trend confirmation.
No blind shots โ place alerts and wait for the setup.
This is a sniper job, not a shotgun spray.
๐ฌ Join the Robbery Crew
Smash that โค๏ธ & Boost if you're riding with the thieves!
Drop your charts, entries, or sniper shots in the comments ๐ฌ
We rob together. We win together.
๐ Follow for more heist plans โ next market break-in coming soon.
๐ฐ Rob Smart. Trade Sharp. Exit Clean. ๐ดโโ ๏ธ
WTI Crude Oil Technical Outlook โ Key Breakout or BreakdownWTI Crude Oil 4-hour chart suggests a potential inflection point after a strong bullish breakout from a larger symmetrical triangle pattern in late July. The price surged past key resistance levels and is now consolidating in a smaller symmetrical triangle formation just below the psychological $70 mark. This indicates a phase of indecision following a strong move, with market participants awaiting further confirmation.
Price is currently hovering around $69.82, with key levels marked at $71.03 (resistance) and $69.05 (support). The short-term price action within the tight triangle could determine the next move, with both bullish continuation and bearish reversal scenarios on the table.
Prices remain supported by supply concerns after Trump threatened to impose 100% secondary tariffs on buyers of Russian crude and warned China, a major oil consumer of severe penalties if it continues its purchases of Russian oil.
๐ Potential Scenarios
- Bullish Breakout Scenario
If price breaks out of the smaller symmetrical triangle to the upside and clears the $70 resistance level with strong momentum, it may quickly test the $71.03 zone. A clean break above $71.03 would confirm the continuation of the previous uptrend, potentially opening room toward $72.50 and beyond in the medium term. The pattern would resemble a bullish pennant โ a continuation pattern following the late July rally.
-Bearish Rejection and Breakdown
Conversely, a failure to sustain above $70 followed by a break below the lower boundary of the smaller triangle could lead to a sharper decline. The first critical level to watch would be $69.05; a break below this would likely invalidate the bullish setup and initiate a retest of the previously broken upper trendline of the larger triangle near $67.50. A further breakdown could lead price towards the larger support zone around $65โ$66.
๐ Trend Outlook
- Short-Term: Neutral to Bullish โ Consolidation in a smaller symmetrical triangle suggests a pause before continuation. However, the structure is still technically bullish unless $69.05 is broken.
- Medium-Term: Bullish Bias โ The breakout from the large symmetrical triangle in late July indicates a shift in market sentiment, favoring higher prices unless the price fails to hold above $67.50.
- Long-Term: Cautiously Bullish โ As long as WTI holds above the $65โ$66 structural support area, the longer-term outlook remains constructive.
Note
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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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WTI Crude Oil Breaks Out of Symmetrical Triangle, $73-$76 ZoneThe WTI Crude Oil chart shows a strong breakout from the symmetrical triangle pattern that was forming for several weeks. Price has decisively broken above the descending resistance trendline and is now testing the $70โ$71 area, which aligns with the 0.382 Fibonacci retracement level (around $70.27) and an important horizontal resistance ($71.03). This breakout indicates strong bullish momentum, supported by the recent series of higher lows and a sharp upward move in recent sessions.
If price sustains above $69.05 (previous breakout zone), we could see a bullish continuation towards $73.40 (0.118 Fibonacci) and potentially to $76.00โ$76.50, which is the upper resistance block marked on the chart. However, if the price fails to hold above $69.00, there could be a pullback to retest the broken triangle resistance around $67โ$68 before any next bullish leg.
Weekly Chart
The weekly chart of WTI Crude Oil is showing a long-term downtrend channel, where price has been consistently making lower highs and lower lows since mid-2023. Currently, oil is trading around $69.96, showing a sharp bullish push of 6.13% for the week. However, the price is still inside the broader descending channel, which keeps the long-term trend bearish unless a confirmed breakout occurs.
Key Resistance Levels:
- $70.27, $71.03, $73.43
Support Levels:
- $69.05 (previous breakout zone)
- $67.00โ$68.00 (triangle retest area)
Trend Outlook:
- Short-Term: Bullish momentum; pullbacks likely to hold above $69.05.
- Medium-Term: If $71.85 breaks, price may target $76.00โ$76.50 resistance.
Note
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Oil Prices Form Bearish Head & Shoulders โ Key Neckline in FocusWTI crude oil is showing a clear Head and Shoulders (H&S) pattern, which is a strong bearish reversal signal. The left shoulder formed in early July, followed by a higher peak forming the head in mid-July, and finally the right shoulder near the current levels, which is lower than the head. The neckline is positioned around $66.00, acting as a key support level. Currently, the price is trading at $67.34, hovering slightly above this neckline, indicating that the market is at a critical decision point. A confirmed break below the neckline could accelerate bearish momentum, targeting the $62.20 โ $62.80 zone based on the patternโs measured move. However, if the neckline holds, a possible bounce toward $68.50 โ $69.00 could occur, but overall bias remains bearish unless the price can break and sustain above $69.00.
Key Price Levels:
- Resistance: $68.50 โ $69.00
- Neckline Support: $66.00
- Bearish Target (if confirmed): $62.20 โ $62.80
Note
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