Trade ideas
CRUDE OIL Will Keep Falling! Sell!
Hello,Traders!
CRUDE OIL retested the horizontal supply area cleanly and is now forming a pullback, confirming Smart Money’s intent to continue distribution. Liquidity above recent highs is likely absorbed, with price expected to target 60.10$ to rebalance inefficiency and continue bearish flow.Time Frame 3H.
Sell!
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WTI 1H🔹 Overall Outlook and Potential Price Movements
In the charts above, we have outlined the overall outlook and possible price movement paths.
As shown, each analysis highlights a key support or resistance zone near the current market price. The market’s reaction to these zones — whether a breakout or rejection — will likely determine the next direction of the price toward the specified levels.
⚠️ Important Note:
The purpose of these trading perspectives is to identify key upcoming price levels and assess potential market reactions. The provided analyses are not trading signals in any way.
✅ Recommendation for Use:
To make effective use of these analyses, it is advised to manually draw the marked zones on your chart. Then, on the 15-minute time frame, monitor the candlestick behavior and look for valid entry triggers before making any trading decisions.
$wti potentialHave TVC:USOIL here screaming for $68.844!!!!
$59.479 is the crucial key from here and if price cannot breach on close below that handle THIS will be an easy long to target working towards $64 off the jump.
However, high timeframes are not fully adjusted as of yet imo but the elephant in the room is Fridays high.
I believe if she can print out a close above it, this has massive potential for profiling longs based off $60.949.
Current profile is a “draft” as of now, and I will be watching closely at the next daily close to make a better judgement.
Bag Or Dust!!!! 🫶🏽🏦
USOIL: Absolute Price Collapse Ahead! 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 60.750 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❤️
Key pivot resists followed by breakdown (WTI Crude)Setup
Bearish. Breakdown
Bearish engulfing candle
Failure at key 65.0 pivot
Signal
Looking to sell while price holds below support-turned-resistance at 62.
(Watch for possible intraday fakeout above 62 before daily close lower)
Agree / disagree? Let me know - happy to discuss :)
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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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.
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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.
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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
US CRUDE OIL (WTI): Strong Bearish Signal?!The price of 📉USOIL appears to be showing bearish tendencies following a consolidation period of two months.
A bearish breakout below the support level of a sideways range often serves as a dependable confirmation signal.
Consequently, a downward movement towards the support level of 59.00 is anticipated.
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!
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.