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Crude Oil West Texas

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OIL WYCKOFF PHASEPhase A – Stopping the Downtrend SC (Selling Climax): Heavy selling pressure absorbed by strong hands. AR (Automatic Rally): First sign of demand entering the market. ST (Secondary Test): Price revisits the lower range to confirm support. Phase B – Building a Cause Market continues ranging within support and resistance. ST Phase B represents testing and liquidity grabs within the range. Purpose: to absorb remaining supply and trap impatient sellers. Phase C – Spring (Manipulation) Price dips into the lower accumulation zone to trap breakout sellers. Strong rejection signals institutional buying and start of accumulation completion. Phase D – Markup Initiation LPS (Last Point of Support): Higher low formed after the spring. SOS (Sign of Strength): Price breaks above resistance with increased momentum. Market structure shifts to bullish, confirming accumulation completion. Phase E – Trend Continuation (Projection) Expecting price to retest the breakout level before continuation toward higher liquidity pools.
NYMEX:CL1!Long
by Liquidity_Flow_SMC_ICT
Crude Oil MCX Future Intraday Technical Analysis - 28th Oct., 25$MCX:CRUDEOIL — Chart Pathik Insights | 28-Oct-25 Crude Oil is holding steady at 5,443, consolidating at the long entry (5,442) while toggling just around the zero line of 5,438. After a session marked by quick retracements and fakeouts, strong hands are waiting for a conviction move from this tightly wound range. Bearish Playbook: Short trades stay valid below 5,414, with further pressure if supply keeps the price pinned beneath the add-long (5,428) and zero line. Downside Targets: 5,364: First logical target for partial shorts or fast moves. 5,318: Deeper push if volatility leads to more liquidation. Risk Management: Shorts can be protected near 5,428 or switch long if there’s a strong reversal above session range. Bullish Playbook: Longs are interesting above the long entry zone (5,442), with added confidence above the short-exit (5,454) and push towards higher supply bands. Upside Targets: 5,512: Key resistance for short-term profit-taking. 5,558: Aggressive extension if buyers seize momentum. Risk Management: Use the add-long or short-entry as tactical stops (5,428/5,414) if buyers lose grip or volatility escalates. Neutral/Compression Logic: The 5,438 zero line governs today’s chop band—expect chop and fade trades until a clear expansion cues the next directional sequence. Keep these levels at hand for structured trading and calculated exits. Boost, comment, and share if these insights fit your strategy—your engagement builds a stronger learning market ecosystem. Follow Chart Pathik for actionable logic, mapped zones, and a reliable edge every single session.
MCX:CRUDEOIL1!
by ChartPathik
Crude Oil Approaches Key Resistance While Demand Dynamics Shift Current Price: $61.72 Direction: LONG Targets: - T1 = $66.50 - T2 = $69.00 Stop Levels: - S1 = $59.50 - S2 = $58.00 **Wisdom of Professional Traders:** This analysis incorporates insights from thousands of experienced market participants, combining technical expertise and macroeconomic understanding to identify high-probability opportunities in Crude Oil trading. Many professional traders emphasize the importance of tracking supply-demand balances, geopolitical risks, and seasonal consumption patterns, particularly in the energy market. Market sentiments continue to show consensus on the role of current economic recovery alongside global energy demand dynamics. **Key Insights:** Crude Oil is currently trading at $61.72, presenting a strong long-term opportunity as global consumption and demand patterns trend upward amid easing recession fears in major economies. Recent market inventory data highlights declining stockpiles, which could support upward price movement. Additionally, OPEC+ discussions regarding production cuts are anticipated to play a pivotal role in maintaining the supply-demand equilibrium, creating potential bullish pressure for the asset. The weakening U.S. dollar, observed amid dovish signals from the Federal Reserve in 2025, is another key driver enabling higher crude oil prices. Historically, energy commodities such as Crude Oil tend to perform well in weak dollar environments since they are priced in USD on global markets. Furthermore, China’s recent economic stimulus measures have contributed to projections of increased industrial activity, enhancing demand for crude oil. **Recent Performance:** Over the past few months, Crude Oil has experienced a pullback from its highs near $75 earlier this year. Concerns around global monetary tightening slowed momentum, dropping prices to the recent low of $57 in September. However, Crude Oil has rebounded significantly in October following strong U.S. GDP growth reports and confirmation of declining inventory levels. Currently trading at $61.72, crude appears poised for continued upside as market conditions stabilize. **Expert Analysis:** Technically, Crude Oil’s price action exhibits bullish momentum. The asset recently broke above its 50-day moving average, suggesting renewed buying interest. Additionally, positive RSI divergence signals strengthening internal price structure, while MACD indicators show upward crossover signals, reinforcing the bullish narrative. Experts emphasize that if Crude Oil sustains a rally above $62, the next resistance at $66.50 could be tested quickly, given the historical strength of demand at this price level. On the macroeconomic front, geopolitical tensions in oil-producing nations remain a concern, which could tilt the balance further toward supply-side constraints. Moreover, the International Energy Agency (IEA) recently updated its forecast, projecting higher oil demand in Q4 2025, primarily driven by travel seasonality and improved economic activity in emerging markets. **News Impact:** Recent developments in OPEC+ negotiations regarding oil output curbs have reignited bullish sentiment among traders and market analysts. The organization’s ongoing efforts to stabilize prices while avoiding oversupply have supported projections for sustainable growth. Additionally, signs of global economic stabilization coupled with continued global travel and industrial demand have heightened optimism for higher prices in the coming months. **Trading Recommendation:** Crude Oil’s strategic significance in the global economy, paired with improving fundamental trends, makes it an attractive long trade at current levels. The $61.72 price point offers a compelling entry opportunity with nearby technical support at $59.50. Traders should target the $66.50 level as a short-term upside, potentially reaching $69 by the end of Q4 2025 if demand forecasts remain robust. Maintaining stops at $59.50 and $58.00 will help manage potential downside risks against macro uncertainty. Do you want to save hours every week? Register for the free weekly update in your language!
NYMEX:CL1!Long
by CrowdWisdomTrading
Crude oil: Sell around 58.60, target 56.00-55.00Crude Oil Market Analysis: Crude oil has been declining recently and has reached strong support near 55. A break of this level would open up further downside. Today's outlook for crude oil remains bearish. Continue selling on minor rebounds, focusing on selling opportunities around 58.90. The new contract also bearishly suggests no buying opportunities. This selling strategy has persisted for a long time. Fundamental Analysis: The Federal Reserve has once again implemented loose monetary policy, and with the added support of CPI, market uncertainty is high, prompting a surge in gold prices. Trading Recommendations: Crude oil: Sell around 58.60, target 56.00-55.00
NYMEX:CL1!Short
by GoldenSpaceship
CRUDE OIL (WTI) BUY SETUPCrude oil has pulled back to a strong support zone, aligning perfectly with the bottom of its ascending structure. Price action is showing signs of buyers stepping in, which could lead to a natural continuation of the uptrend. 🛢 Additional bullish factors: 🟢 Price reacted strongly from support, indicating accumulation. 🟢 Supply-side tensions and global demand outlook continue to support higher prices. 🟢 Technical structure favors a push toward higher highs if support holds. 📈 TP Levels: TP1: 65.88 TP2: 66.65 TP3: 67.39 TP4: 68.13 SL below support 🚫
PYTH:WTI3!Long
by Charts_M7M
Light Crude Oil (CL) Weakness Expected to PersistThe short-term Elliott Wave analysis for oil indicates that a decline from the September 26, 2025, high is unfolding as a five-wave impulse. Starting from that peak, wave ((i)) concluded at $60.40, as depicted on the 45-minute chart. Subsequently, wave ((ii)) rallied in a zigzag Elliott Wave pattern. From the low of wave ((i)), wave (a) reached $62.12, followed by a pullback in wave (b) to $60.72. The upward move in wave (c) peaked at $62.93, completing wave ((ii)) at a higher degree. Oil then continued its descent in wave ((iii)), structured as an impulsive sequence. From the wave ((ii)) high, wave (i) dropped to $61.78, and wave (ii) corrected to $62.87. Wave (iii) extended lower to $58.22, with a bounce in wave (iv) reaching $60.17. In the near term, as long as the pivot at $62.93 holds, any rally is expected to falter in a 3, 7, or 11-swing pattern, leading to further declines. The potential downside target lies between $53.2 and $56.9, based on the 100% to 161.8% Fibonacci extension of wave ((i)). This analysis suggests continued bearish momentum, with limited upside potential unless the key pivot is breached.
NYMEX:CL1!
by Elliottwave-Forecast
Oil Finally Breaks the Range — Downside Momentum EmergingAfter weeks of sideways, messy price action where most traders got chopped up, CL has finally chosen a direction. During that entire range-bound phase, we stayed on the sidelines and focused on cleaner markets instead — waiting patiently for this exact moment of clarity. Now price has broken below the range lows with the 5/10/20 EMAs stacked cleanly beneath the 50 EMA, confirming downside momentum and the start of a new expansion phase. For the first time in weeks, structure is aligned and directional — no more fakeouts, no more noise. This is the kind of clean context where money is made, not lost. The plan now is simple: wait for a lower-high pullback into the EMA stack and look for continuation setups if structure holds. Questions for discussion: – Did you avoid trading this chop or get caught inside it? – Are you seeing similar clean shifts forming in other markets right now? – Do you prefer to sit out until context like this forms, or trade through the noise?
NYMEX:CL1!Short
by SirCharIes
Crude Oil - Intraday Technical Analysis - 14th Oct., 2025 $MCX:CRUDEOIL Crude Oil is trading at 5,307, consolidating after a steep fall and holding just above the neutral zone (5,246). Price is compressing between intraday supply and demand. Bearish Scenario Short Entry (5,325): Shorts become actionable below 5,325, especially if the price fails to reclaim 5,354 (add long zone) and loses momentum. Downside Targets: 5,096 (Target 1): First mapped support for covering shorts. 5,003 (Target 2): Additional extension if selling accelerates. Stop Loss: Hold shorts only if price remains below 5,301 (long exit); cover if it bounces above 5,354. Bullish Scenario Long Entry (5,382): Fresh longs trigger above 5,382, with additional conviction if price sustains over 5,396 (short exit). Upside Targets: 5,489 (Target 1): Key resistance and logical profit booking area. Stop Loss: Use 5,354 or 5,325 for active risk control. Neutral/Range Logic Neutral Zone (5,246): If price continues to oscillate in this band, expect a choppy range until a directional breakout confirms the trend. Watch for decisive moves out of the compression zone to activate either bullish or bearish plans. If these levels help your trading, please boost, comment, and share. Follow for more daily key levels and actionable market logic! Reach out in the comments—no hassle, just honest learning and open sharing. Your engagement drives this effort for all active viewers!
MCX:CRUDEOIL1!Short
by ChartPathik
Lower Highs Signal Weakness: Crude Oil Bears Eye $61 Support The recent attempt to rally stalled around $65–66, failing to break above the mid-Bollinger band resistance. Multiple long upper wicks show selling pressure on rallies. Price is moving closer to the lower band after failing to hold above the middle band. The market shows weak upside momentum and dominant selling pressure. As long as price stays below $65.50, bears maintain control. If $61.00 support breaks, downside targets are $59.00, then $57.00.
NYMEX:CLV2025Short
by Sahrin