USOIL ANALYSIS SETUP READ THE CAPTIONUSOIL is consolidating above a strong support zone while forming higher lows, indicating bullish pressure building. Price is currently testing the trendline resistance, and a clean breakout could open the way toward the upper target zone. As long as price stays above support, the bullish scenario remains valid.
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Hellena | Oil (4H): LONG to the area of the maximum of wave “A”.Colleagues, the past forecast has not been canceled, but I see some changes and therefore feel it is necessary to make a fresh forecast.
Apparently, the corrective wave “B” has extended to the area of 57.930. This is quite close to the low of wave “C” at 56.408 and the price should not update it, otherwise there will be a full-fledged break of the structure.
In connection with the above, I think that the price is already completing the downward movement and I expect the resumption of the upward movement at least to the area of the maximum of wave “A” - 62.990.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
USOIL-Watching for Reversal From Support Zone Toward Key TargetsUSOIL has dropped into a strong support zone near 57.15–57.40, where price is showing early signs of a potential bounce. If this support holds, oil may push upward toward the marked target levels.
Support Zone: 57.15 – 57.40
Target Levels:
Target 1: 58.50
Target 2: 59.21
Target 3: 60.05
Price structure suggests a short-term bullish correction if buyers defend the support area. Waiting for confirmation before continuation toward higher levels.
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Potential bullish reversal?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 61.8% Fibonacci resistance.
Pivot: 59.38
1st Support: 59.01
1st Resistance: 60.16
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Market Analysis: WTI Crude Oil Extends RecoveryMarket Analysis: WTI Crude Oil Extends Recovery
Crude oil price is rising and it could climb further higher toward $62.00.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices are moving higher above the $60.00 resistance zone.
- There is a key bullish trend line forming with support near $59.80 on the hourly chart of XTI/USD.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil, the price started a decent increase from $58.00 against the US Dollar. The price gained bullish momentum after it broke $59.00.
There was a sustained upward movement above $59.50 and $60.00. The bulls pushed the price above the 50-hour simple moving average, and the RSI climbed toward 70. A high was formed near $60.75 before there was a minor pullback.
The price declined toward the 23.6% Fib retracement level of the upward move from the $58.11 swing low to the $60.75 high. However, the bulls are active above $60.00. There is also a key bullish trend line forming with support near $59.80.
Immediate resistance is near $60.75 level. If the price climbs further, it could face hurdles near $61.50. The next major stop for the bulls might be $62.20. Any more gain might send the price toward $63.50.
Conversely, the price might correct gains and retest the 50-hour simple moving average or the trend line. The next area of interest on the WTI crude oil chart is near the 61.8% Fib retracement at $59.10. If there is a downside break, the price might decline to $58.10. Any more losses may perhaps open the doors for a move toward $56.50.
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 OIL Is it possible to crash at $30.00?WTI Oil (USOIL) has been declining for 3 straight months (current red 1M candle is the 4th one) since the June 2025 rejection on the 1W MA100 (red trend-line). That has been the last rejection of a series of Lower Highs rejections on the 1W MA100 in the past 2 years.
On the much longer-term scale, this is the aftermath of the March 2022 market Top, made as a direct result of the Ukraine - Russia war. On a 17-year horizon, that was the 2nd Lower High of the multi-year Channel Down that WTI has been trading in since the July 2008 Top of the Housing Crisis.
As you can see, there is a high degree of symmetry on this pattern with Lower Lows in particular (market bottoms) getting formed around every 5-6 years. The use of the Time Cycles can fairly accurately project this. The next one is estimated to be towards the end of 2026, which matches perfectly the projected Bear Cycle bottom on the stock markets.
Based on this model, we may very well see WTI drop to as low as $30.00. A fairly solid bottom buy indicator would be when (if) the 1M RSI breaks below its 30.00 (oversold) barrier.
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WTI/USD: Bullish Rally to 62.45?CFI:WTI is gearing up for a bullish rally on the 4-hour chart , with price rebounding from a key support zone near cumulative long liquidation levels, setting up a strong entry opportunity if buyers maintain control and push toward resistance amid recent consolidation. Entry from current levels could also be favorable with proper risk management.
Entry zone between 57.5-58.3 for a buy position. Target at 62.45 near resistance.🎯 Set a stop loss at 56.335 , offering a risk-reward ratio greater than 1:2 . 📊 Watch for confirmation with a bullish close above entry and rising volume, capitalizing on oil's volatility.🌟
Fundamentally , WTI crude has fallen to around $58.13 per barrel as of November 21, 2025, amid supply outpacing demand, but recent breakouts above $60.7 signal near-term positivity despite forecasts of further drops to $53.50-$45.00 due to OPEC+ hikes and record US output. 💡
📝 Trade Setup
🎯 Entry Zone (Long): 57.5 – 58.3
🎯 Target (TP1): 62.45
❌ Stop Loss: 56.335
⚖️ Risk-to-Reward: Greater than 1:2, offering a clean upside swing with defined invalidation.
What's your take on this setup? Drop your thoughts below! 👇
OIL Rejected Again at Resistance OIL Rejected Again at Resistance: Bears Preparing for Another Push Down
Oil continues to struggle below the 60.50–60.60 resistance zone, where price has been rejected multiple times, confirming selling pressure.
Each test of this zone has led to a swift bearish move — and this time might be no different. As long as oil trades below 60.50, the short-term bias remains bearish.
A clean breakdown could open the way toward:
🎯Quick Target: 59.40
🎯 Target 1: 59.00
🎯 Target 2: 58.30
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
USOIL : LIVE TRADEHello friends
Given the price growth, you can see that buyers have repeatedly tried to break the resistance but were unsuccessful and the weakness of the trend is quite clear.
Now we can trade with capital and risk management and account management.
This is not a buy or sell offer.
*Trade safely with us*
WTI resumes slideExcess supply concerns continue to hold back oil each time it tries to stage a recovery, and today it looks like the market has decided that it wants to trade below $60 per barrel. WTI has been testing this barrier from underneath for a few days but today it looks like the advance has been rejected once again. Prices have broken below the lows of the past two days, thus triggering some stops. From here $58.00 could be the next stop, below which there is nothing significant in terms of support until $55.00.
By Fawad Razaqzada, market analyst with FOREX.com
CRUDE OIL (WTI): Bullish Move After Trap
There is a high chance that Crude Oil will pull back
from the underlined daily key level.
I see a confirmed bear trap followed by a bullish imbalance
candle on an hourly.
I expect a rise at least to 58.51 level.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USOIL Breakout Confirmed—Is the Uptrend Ready to Extend?📈 WTI CRUDE OIL (USOIL) – SWING TRADE SETUP | VWMA BREAKOUT CONFIRMED 🛢️⚡
🎯 TRADE OVERVIEW
Asset: WTI Crude Oil (USOIL) – Energies Market
Trade Type: Swing Trade (Multi-Day Position)
Bias: 🟢 BULLISH – Volume Weighted Moving Average (VWMA) breakout confirmed near $61.00
📊 TRADE PLAN
🔹 Entry Strategy: "Thief Layering Method"
Primary Entry Zone: Post-VWMA breakout above $61.00
Layered Limit Orders (Multiple Entry Points):
🟦 Layer 1: $59.00
🟦 Layer 2: $59.50
🟦 Layer 3: $60.00
🟦 Layer 4: $60.50
Note: You can add more layers based on your capital allocation and risk tolerance. This strategy allows averaging into the position as price pulls back.
🛑 Stop Loss Management
Thief's SL: $58.00
⚠️ IMPORTANT: Dear Ladies & Gentlemen (Thief OG's),
This is MY stop loss level. Adjust YOUR stop loss based on YOUR strategy and risk management plan. I do not recommend blindly following my SL – manage your own risk and capital accordingly.
🎯 Take Profit Target
Primary Target: $64.00
Technical Reasoning:
SuperTrend ATR line acts as strong dynamic resistance
Potential overbought zone + bull trap risk
Escape with profits before reversal pressure
⚠️ IMPORTANT: Dear Ladies & Gentlemen (Thief OG's),
This is MY take profit target. Take YOUR money at YOUR own risk. You are responsible for your profit-taking strategy – trail stops, scale out, or exit fully based on YOUR trading plan.
🔗 CORRELATED PAIRS TO WATCH (USD-Denominated)
Monitor these related assets for confirmation and risk assessment:
🛢️ Energy Sector:
Brent Crude Oil (UKOIL) – Typically trades $2-5 above WTI; if Brent is bullish, WTI usually follows
Natural Gas (NATGAS) – Energy sector sentiment indicator
💵 Currency Pairs:
USD/CAD – Inverse correlation to oil (CAD = petro-currency). If oil rises, USD/CAD typically falls
DXY (US Dollar Index) – Strong dollar = bearish pressure on oil. Watch for weakness in DXY to support oil rally
📈 Equity Markets:
Energy Sector ETFs (XLE) – Tracks US energy stocks; bullish XLE confirms oil sector strength
S&P 500 (SPX) – Risk-on sentiment supports commodity prices
⚡ Key Correlation Points:
Oil ↑ + USD/CAD ↓ = Strong bullish confirmation
Oil ↑ + DXY ↓ = Supportive macro environment
Oil ↑ + XLE ↑ = Energy sector momentum aligned
💬 Engagement Call-to-Action
👍 If you found this analysis helpful, smash that LIKE button!
💬 Drop your thoughts in the comments – are you bullish or bearish on oil?
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USOIL:LIVE TRADEHello friends
you can see that we had a decline and the sellers were in power until the support was determined with Fibonacci, where buyers entered and were able to support the price.
Now, with Fibonacci, we have determined a resistance area for buyers that can move up to there, but considering the main trend, which is negative, the price increase is an opportunity for a sell trade.
Don't forget risk and capital management.
*Trade safely with us*
USOIL The Target Is UP! BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 57.97 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 58.98
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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
WTI Crude Returns to the Year’s LowsIn recent trading sessions, WTI crude oil has posted three consecutive losing sessions, recording a decline of more than 4.7% in the short term. Selling pressure remains steady, driven by concerns over a potential market oversupply, especially with the upcoming OPEC+ meeting in December. Additionally, weaker market confidence has raised expectations of lower short-term demand for oil, reinforcing a sense of uncertainty in crude price movements. If this trend persists, it could result in stronger selling pressure in the coming sessions.
Downtrend Remains Firm
For now, the downward movements have maintained a bearish trendline that has persisted over recent months. So far, buying attempts have not been strong enough to challenge this structure. As the price approaches the year’s lows, the downtrend could become even steeper in the coming sessions.
RSI
The RSI indicator continues to show consistent oscillations below the neutral 50 level, suggesting that the average momentum over the past 14 sessions remains predominantly bearish. If the RSI continues to decline, this could indicate stronger selling pressure in the next few sessions.
TRIX
Meanwhile, the TRIX indicator remains below the neutral 0 level, signaling that the average strength of the exponential moving averages continues to favor a bearish bias. As long as this sentiment persists, selling momentum is likely to remain dominant in WTI crude’s price action.
Key Levels to Watch:
$57 – Key Support: Represents the year’s low zone and serves as the main bearish barrier. A break below this level could reinforce the ongoing downtrend and extend selling pressure in the coming sessions.
$60 – Nearby Barrier: Corresponds to the 50-period simple moving average. Price movements returning to this level could trigger indecision and lead to a short-term sideways range.
$64 – Major Resistance: Aligns with the 200-period moving average and represents the most important bullish barrier in the short term. If the price reaches this level, it could revive buying momentum and challenge the current bearish structure.
Written by Julian Pineda, CFA, CMT – Market Analyst
USOIL strong down trend entry on consolidation breakdown USOIL Technical Outlook – 4H Timeframe
USOIL continues to show strong downside momentum, with sellers maintaining control. Price is currently respecting the downtrend structure, and a consolidation breakdown below 59,100 is confirming further bearish pressure.
📉 Key Technical Levels:
Immediate Support: 58,300
Next Major Support: 56,400
As always, ensure you are using proper risk management and wait for clear confirmations before entering any position.
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U S OILHI GUYS,
We expected a small triple top price pattern H4 last week,
however what has change is a market failed to form the correct sell pattern leading to a wide spread ranging as illustrated in the white box with wrong combination of sell patterns colored purple days of the week strategy.
we are currently out of the white box as of Friday yesterday market presented a proper price pattern on the on going correction.
we expect a continuation buy pattern (Monday, Tuesday) . then later in the week we then expect a sell pattern (Wednesday, Thursday) correction around level 61000
Crude oil trading strategyDemand side: Structural highlights stand out, terminal consumption resilience exceeds expectations
Asia resumes replenishment demand temporarily
China's refining margins have recovered (the 3-2-1 cracking spread has risen to $26 per barrel), with sufficient remaining import quotas in November, and it is expected that crude oil purchase volume will increase by 12%-15% in the latter half of the month. India's refineries have initiated a new round of replenishment due to the traditional consumption peak in December (increased holiday travel), with the import volume expected to exceed 5.4 million barrels per day in November. The increase in Asian demand accounts for more than 70% of the global demand increase, becoming a key support for short-term bulls.
Finished oil inventory reduction confirms consumption resilience
The latest EIA data shows that gasoline inventories have decreased for two consecutive weeks (cumulative reduction of 1.8 million barrels), and distillate oil inventories have decreased for three consecutive weeks (cumulative reduction of 2.1 million barrels). The extent of finished oil inventory reduction far exceeds market expectations, reflecting the resilience of terminal consumption. U.S. gasoline retail sales increased by 3.2% month-on-month (a new high in the past two months), and European diesel consumption decreased by 2.1% (previously 5.8%), with the improvement in the consumption side easing concerns about "weak demand", providing fundamental support for the rebound in crude oil prices.
Crude oil trading strategy
buy:59.30-59.60
tp:60.20-60.50
sl:58.80
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!






















