WTI Crude, caution ahead of new US tariffs on IndiaThe WTI Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend.
Key resistance is located at 6600, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 6600 could confirm the resumption of the downtrend, targeting the next support levels at 6200, followed by 6100 and 6000 over a longer timeframe.
Conversely, a decisive breakout and daily close above 6600 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6710, then 6800.
Conclusion:
The short-term outlook remains bearish unless the pair breaks and holds above 6600. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
CLOIL trade ideas
OUR TRADE ON OIL FOR TODAYToday we went long on OIL after that the market grabbed a liquidity and gave us our entry point to take.
The market went straight to our target which was again a liquidity level, then it came lower.
I couldn't share the trade today since when we entered I was in a live trading session with my students.
Follow for more!
Will oil continue its upward trend?
Hi dears
Oil will remain bullish if and only if the price condition on the chart is met. This resistance area must be broken with a strong and bearish candle, otherwise we should continue to see oil prices rally.
It is best to watch for the current situation to determine the status of this resistance area.
Whatdo you think?
WTI Crude Awaits Breakout Amid Sanction RisksWTI Crude Oil – Overview
Oil Holds Steady on Fed Cut Bets and Sanction Risks
Oil prices are flat in early trade as markets weigh the likelihood of a U.S. Fed rate cut in September against potential disruptions to Russian crude flows. Brent trades at $67.18 (-0.1%), while WTI is steady at $63.64, following a 2.5% gain last week.
Fading optimism over a Russia–Ukraine summit and renewed U.S. tariff threats against India add to volatility. Markets are closely watching the Aug. 27 deadline, when secondary U.S. tariffs against India for Russian oil purchases are expected to take effect.
🔹 Technical Outlook
WTI is trading in bullish momentum as long as it holds above 63.47.
Price is likely to consolidate between 63.47 – 64.72 until a breakout.
✅ Above 64.72: Bullish continuation toward 65.83 → 67.20.
⚠️ Below 63.47: Bias turns bearish, targeting 61.83.
🔹 Key Levels
Support: 63.47 – 61.83
Resistance: 64.72 – 65.83 – 67.20
✅ Summary:
WTI crude remains range-bound but biased to the upside, supported by Fed cut expectations and geopolitical risks. A decisive break from the 63.47–64.72 range will set the next trend direction.
US OIL LONG RESULT Oil Price had been in multiple falling channel until reaching the support from which it consolidated in a sideways falling wedge and broke to the upside, from which I took the long setup, but price didn't retest the zone to fill it, so I took another entry from the next demand zone and boom, TP done ✅
_THE_KLASSIC_TRADER_.💪🔥
Bearish Outlook: Short Position Based on Technical and FundamentBased on a detailed assessment of key support and resistance levels, as well as recent fundamental news, I believe the price is set to decline. The current price action is approaching a critical resistance zone, which has historically proven to be a strong reversal point. Combined with bearish market sentiment driven by , the outlook for the asset appears to be skewed to the downside.
The risk-reward ratio on this short position is favorable, with the potential for significant profit if the price breaks THE ACCTUAL PRICE. I will be monitoring this trade closely for any signs of reversal or further confirmation of bearish momentum.
USOIL SENDS CLEAR BEARISH SIGNALS|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 63.73
Target Level: 61.24
Stop Loss: 65.36
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 8h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
WTI Crude Oil · M15 · 24-Aug — “Buy the Dip into EMA/Donchian”🟢 Bias: Intraday long after spike, buy the dip into Donchian + EMA support.
Entry: $62.90 – $63.20
Stop-Loss: $61.95
Targets: TP1 $63.80 · TP2 $64.70 · TP3 $66.00
RRR (from $63.10): Risk $1.15 → TP3 +$2.90 = ~1:2.5 ✅
Why this works:
Confluence: Donchian support ($62.91) + 200 EMA M15 ≈ $62.38 (white).
Structure: Higher highs/lows since Aug-20; volume expands on pushes, compresses on pullbacks.
HTF context: H4 pressing toward 200 EMA ≈ $64.7–$65.0 (key pivot).
Execution: Look for a bullish rejection/engulfing inside the box + 8/21 EMA hold (orange/blue) above the 200 EMA (white).
Risk: ≤ 1%. Move SL→BE after TP1.
Trade Confidence: ⭐⭐⭐⭐ (High if retest holds and 8/21 maintain bullish structure)
🔒 Want more? The Prime version below adds: alternate short plan at $64.7–$65.0, management ladder, HL tight-stop variant (~4R), and a full execution checklist. Follow on Skool, link in profile!
⚠️ Trading involves risk. Manage exposure and trade responsibly.
💬 Thoughts on this setup?
USOIL Set To Fall! SELL!
My dear subscribers,
This is my opinion on the USOIL next move:
The instrument tests an important psychological level 63.76
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 63.02
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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
# USOIL Technical Analysis & Trading Strategy# USOIL Technical Analysis & Trading Strategy
* Current Position: 64.581 (August 23, 2025, 12:50 AM UTC+4)
---
* **Market Overview & Fundamental Backdrop**
*# Key Market Drivers:
*OPEC+ Production Increase**: Starting August 2025, OPEC+ nations increased output by 548,000 barrels per day
*Bearish Supply Outlook**: EIA forecasts Brent crude falling from $71/barrel in July to $58/barrel in Q4 2025
*Inventory Build**: Global oil inventories rising due to supply exceeding demand
*Current Price Action**: USOIL down 14.91% year-over-year, testing critical support zone
---
* **Multi-Timeframe Technical Analysis**
*# **Monthly/Weekly (Swing Analysis)**
**Elliott Wave Analysis:**
- Currently in Wave C of a corrective ABC pattern from 2024 highs
- Major support confluence at 63.88-64.72 zone (previous significant lows)
- If support fails, next target: 58-60 range (EIA fundamental target alignment)
**Wyckoff Analysis:**
- Phase C of Distribution: Testing support after distribution top
- Volume analysis suggests institutional selling on rallies
- Support test at current levels critical for future direction
*# **Daily Timeframe**
**Harmonic Patterns:**
- Potential Bearish Bat pattern completion around 66-67 resistance
- AB=CD pattern suggests 62-63 as next measured target if support breaks
**Ichimoku Analysis:**
- Price below all major Ichimoku levels (bearish)
- Kumo (cloud) acting as resistance around 67-69
- Tenkan-sen/Kijun-sen bearish cross occurred
*# **4H/1H Analysis**
**Key Levels:**
*Resistance**: 66.50, 67.20, 68.00
*Support**: 64.00, 63.88, 62.50
**RSI Analysis:**
- 4H RSI: 35-40 range (oversold territory)
- Divergence watch: Any bullish divergence could signal temporary bounce
**Bollinger Bands:**
- Price at lower band, suggesting potential oversold bounce
- Squeeze pattern developing, indicating volatility expansion ahead
**VWAP Analysis:**
- Daily VWAP: 65.80 (price below - bearish)
- Weekly VWAP: 67.20 (strong resistance)
*# **Intraday (5M-30M) Analysis**
**Moving Averages:**
- 20 EMA: Acting as immediate resistance at 64.80
- 50 SMA: Dynamic resistance at 65.50
- 200 SMA: Key level at 67.00
**Gann Theory Application:**
*Square of 9**: Next support at 63.00 (significant Gann level)
*Time Cycles**: 14-21 day cycle suggests potential reversal zone by August 28-30
*Gann Angles**: 2x1 angle support at 63.50
*Price Squaring**: 64² = important mathematical support
---
* **Weekly Trading Strategy (August 26-30, 2025)**
*# **Monday, August 26**
**Setup**: Support Bounce Play
*Entry**: 64.20-64.40 (if holding above 63.88)
*Stop Loss**: 63.70
*Target 1**: 65.20
*Target 2**: 65.80
*Risk-Reward**: 1:2
*# **Tuesday, August 27**
**Setup**: Breakdown Play (if Monday support fails)
*Entry**: Break below 63.80 with volume
*Stop Loss**: 64.30
*Target 1**: 62.50
*Target 2**: 61.80
*Risk-Reward**: 1:2.5
*# **Wednesday, August 28**
**Setup**: Range Trade
*Long Entry**: 63.00-63.20
*Short Entry**: 65.50-65.80
*Range SL**: 50 pips
*Range Targets**: Opposite side of range
*# **Thursday, August 29**
**Setup**: Momentum Follow
*Bullish**: Above 65.80 with volume → Target 66.50
*Bearish**: Below 63.00 → Target 61.50
*Stop**: 40-50 pips from entry
*# **Friday, August 30**
**Setup**: Weekly Close Strategy
*Focus**: Position for next week based on weekly close
*Above 64.50**: Bullish bias for next week
*Below 63.50**: Bearish bias for next week
---
* **Risk Management Framework**
*# **Position Sizing**
- Maximum risk per trade: 2% of account
- Daily loss limit: 4% of account
- Weekly loss limit: 8% of account
*# **Market Hours Focus**
*Best Volatility**: 13:30-17:00 UTC (US session)
*Asian Session**: 01:00-08:00 UTC (lower volatility)
*Overlap Periods**: Highest volume and best setups
---
* **Geopolitical & Macro Scenarios**
*# **Bearish Catalysts**
1. **OPEC+ Further Production Increases**: Could push prices to $58-60 range
2. **US Strategic Reserve Releases**: Additional supply pressure
3. **China Economic Slowdown**: Reduced demand expectations
4. **Recession Fears**: Global demand destruction
*# **Bullish Catalysts**
1. **Middle East Tensions**: Any supply disruption risk
2. **OPEC+ Production Reversal**: If they halt planned increases
3. **Hurricane Season**: Potential Gulf of Mexico disruptions
4. **Geopolitical Tensions**: Russia-Ukraine, Iran tensions
*# **Probability Assessment**
*Bearish Scenario (60%)**: Break below 63.88 → Target 58-60
*Neutral Scenario (25%)**: Range-bound 63.50-66.50
*Bullish Scenario (15%)**: Recovery above 67.00 → Target 70-72
---
* **Key Economic Events to Watch**
*# **This Week**
- EIA Crude Oil Inventories (Wednesday)
- OPEC+ Meeting Minutes/Statements
- US GDP Data
- China Manufacturing PMI
*# **Next Week**
- Non-Farm Payrolls
- OPEC Monthly Oil Market Report
- China Trade Balance
---
* **Technical Confluence Summary**
*# **Strong Support Zone: 63.00-63.88**
- Previous significant lows
- Gann Square of 9 level
- 61.8% Fibonacci retracement
- Wyckoff support test zone
*# **Key Resistance Zone: 66.50-67.20**
- Weekly VWAP
- 200-day SMA
- Ichimoku cloud base
- Volume profile resistance
---
* **Trading Recommendations**
*# **Short-Term (1-2 weeks)**
**Bias**: Bearish below 65.00
**Strategy**: Sell rallies, buy only on oversold bounces
*# **Medium-Term (1 month)**
**Bias**: Bearish
**Target**: 58-60 range based on fundamental outlook
*# **Long-Term (3-6 months)**
**Bias**: Range-bound to bearish
**Range**: 55-70 with periodic volatility spikes
---
*Disclaimer: This analysis is for educational purposes. Always use proper risk management and consider your risk tolerance before trading.*
For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya dot Trade.(world wide web shunya dot trade)
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya.Trade
world wide web shunya dot trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
USOIL: Swing Trading & Technical Analysis
The recent price action on the USOIL pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
USOIL Will Explode! BUY!
My dear subscribers,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 61.96 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 63.08
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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 Oil: Rebound Setup with $95 Target Ahead?”WTI Crude Oil Analysis 🛢️
Price is holding strong around the $59–62 support zone.
A breakout above the $70 trendline could open the way to $95–96.
🔹 Fundamentals: OPEC+ supply discipline, global demand recovery, and USD weakness could support the move.
⚠️ Risks: global slowdown, stronger USD, unexpected OPEC policy shifts.
👉 Setup looks bullish, but patience is key.
This is not financial advice.
USOIL: Bears Are Winning! Short!
My dear friends,
Today we will analyse USOIL together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 61.933 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
USOIL Will Go Lower From Resistance! Sell!
Here is our detailed technical review for USOIL.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 61.941.
Taking into consideration the structure & trend analysis, I believe that the market will reach 58.529 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
WTI 4HTrading Outlook for the Upcoming Week
In this series of analyses, we review trading perspectives and short-term outlooks.
As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The market’s reaction to—or breakout from—this zone will determine the next price movement toward the specified levels.
Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the market’s potential reactions to them. The analyses provided are by no means trading signals!