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Oil Long Setup (A Setup)Oil is basically in a sideways price action following a predictable range. Overall, there isn't much momentum. However, considering the current sideways move, and taking into consideration key demand levels, it seems it has a high probability of a move to the upside to next supply zone.
I give this
Price action + RSI support = fresh buy opportunity in CrudeOil1!CrudeOil1! (1-Hour Timeframe) Technical Outlook
CrudeOil1! is currently sustaining at the Fibonacci Golden Ratio level of 0.618, with the weekly pivot placed near 5640. Based on Fibonacci projections and price action, this 5640 zone appears to be a crucial area, as it aligns with a 2.8% retracement
WTI Crude Oil Trading Analysis: 02-September-2025Week Ahead Plan: September 2-6, 2025
Analysis Period : August 26-30, 2025 Review | September 2-6, 2025 Outlook
Market : WTI Crude Oil Futures (CL1!)
Methodology : Dual Renko Chart System ($0.25/15min + $0.50/30min)
Current Price : $64.00 (August 30, 2025)
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CL1! 4H | Bullish Setup
Price has respected multiple bullish structures and key demand zones. Strong higher lows with clean breaks of internal structure.
If theris pullback before continuation to the upside then can add entries
Entry: 64.03 (re-entry)
SL: 62.55
TP: 67.21
R:R ≈ 2.5
Final target aligns with previous supply
A return to solid sellers in a downtrend paves the way for =SELL
**1→3 Movement:** We've carved out a spicy lower low that absolutely demolished the buyers from that 2→3 upswing 💀. This makes the sellers from numero uno the absolute CHAD entity in this local structure 💪
**4→5 Action:** Sellers came back virtually unchecked (like they owned the place 😎) until th
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of WTI Financial Futures (Jun 2031) is 63.43 USD — it has fallen −0.69% in the past 24 hours. Watch WTI Financial Futures (Jun 2031) price in more detail on the chart.
Track more important stats on the WTI Financial Futures (Jun 2031) chart.
The nearest expiration date for WTI Financial Futures (Jun 2031) is Jun 30, 2031.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell WTI Financial Futures (Jun 2031) before Jun 30, 2031.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For WTI Financial Futures (Jun 2031) this number is 12.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for WTI Financial Futures (Jun 2031) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for WTI Financial Futures (Jun 2031). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of WTI Financial Futures (Jun 2031) technicals for a more comprehensive analysis.