This is part two of a monthly reviewThis is the 21st of August.. It's important to go back and look at a previous video since I'm trying to make decisions as to the direction of the market and this will give you a chance to see whether or not price action and patterns can find you good trade location which includes small stops and reasonable Rewards.
QCS1! trade ideas
Crude Oil - Why I see it at $56 in the coming weeksCrude is trading below the centerline.
The pressing shows that the “election whales” don’t want higher prices at the moment.
Why?
No idea, and it doesn’t matter either.
All I’m interested in is where I can find a good entry to short crude. For example, a pullback to the pressure line, with a money management stop, or behind one of the weekly candles. It’s all a question of how much risk you’re allowed to take according to risk management.
Let’s see if we get an entry to join the sleigh ride down to the centerline.
Crude Oil Warning $66.40 Flip Signals $63.86 TargetWTI rolled over after failing near $68.66096 (top red dashed line). The breakdown through $66.40002 turned that level into resistance 🚧. After a sharp selloff, price is now hovering around the $65.54 area (thin entry line labeled 65.54232), just beneath the minor pivot band at 65.54 / 65.52 / 65.21 (green dashed cluster labeled 65.54232 • 65.52347 • 65.20824). The structure is lower-high → lower-low, which keeps momentum bearish while price holds below $66.40. If sellers keep control, the next magnet is the confluence support around $63.86661 (first lower green dashed line), with extension into $63.51000–$63.46746 if momentum accelerates.
You can also see repeated “S” tags on the push down from the high and into the mid-range, while the “B” tags cluster only at pullback lows—classic distribution behavior. Any spikes toward $66.07 (label 66.07275) and especially $66.40 should attract supply unless bulls reclaim and hold above that zone.
Trade setup 🎯 (from the chart):
• Entry: $65.54232 (≈ $65.54)
• Stop-loss: $66.07275 (≈ $66.07), conservative SL above $66.40002 if you prefer more room
• Targets: $63.86661 first take-profit; stretch targets $63.51000 → $63.46746
This offers a solid bearish R:R while price stays capped beneath $66.40. As it moves your way, book small profits 💰 at each objective, trail stops 🔒 (e.g., to $65.52 once under $65.21), and size the position to your own risk tolerance—WTI can spike on headlines.
Invalidation: A sustained reclaim and hold above $66.40 would neutralize the immediate bearish bias and open room back toward $68.66. Until then, the path of least resistance remains down 📉.
return to solid structure + prev volitility = high RR buy = BUY1-4 : number 4 closes above number 2 ,
making number 1 the current boss on the chart,
this is because the genesis of the strongest entity
is at number 1.
5: we return to the strongest entity.... if we can
get a bullish micro-structure here, a small stop big
reward trade is possible.
what do I think will happen ?
* if the current bar closes above its left bar, we have
a micro confirmation
* RSI , MFI and Acc/dist is hidden bullish
* mfi and rsi are oversold
* it makes sense to give it a go, I think it might work out
* over the past 2,500 bars we have a 58% chance that if
price closes above a zone it will travel to the next zone,
this is a better than random chance, a stop loss above the
next zone is appropriate, because if price travels back then
there is a 65% chance it will come to the start
Crude Oil Retesting Key Support: Is a Reversal Imminent? Current Price: $62.8
Direction: LONG
Targets:
- T1 = $65.2
- T2 = $68.5
Stop Levels:
- S1 = $60.5
- S2 = $58.9
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. Traders with years of experience in commodity markets have noted that Crude Oil often displays predictable price behavior around key technical levels, providing opportunities for well-timed entries. The collective opinion focuses on the importance of geopolitical events, inventory data, and technical demand zones that could shape the next move for Crude Oil.
**Key Insights:**
Recent market action suggests that Crude Oil is testing historical support levels near $62.0-$63.0, widely considered a demand zone by traders familiar with long-term price patterns. These levels have coincided with prior reversals, where bullish momentum emerged after extended corrections. With Brent and WTI futures aligning on a moderate bullish outlook, traders are capitalizing on divergences in the Relative Strength Index (RSI) and oversold conditions.
The market fundamentals remain in focus, with supply constraints from production cuts in major OPEC countries and tightening reserves due to export bans. On the demand side, a pickup in industrial activity in China, combined with steady global aviation fuel consumption, has recently supported crude oil prices. Additionally, the U.S. dollar has shown minor declines, easing pressure on dollar-denominated commodities like oil.
**Recent Performance:**
Crude Oil has witnessed a multi-week correction from highs in the $70 range, reflecting a pullback in anticipation of rising global interest rates. Over the last two weeks, however, prices have stabilized between $62.0 and $64.0 levels, with intraday volatility driven by inventory releases and remarks from OPEC officials. While the downward trajectory has dampened investor sentiment, price consolidation hints at strengthening support capable of generating a rebound.
**Expert Analysis:**
Technical analysis highlights the importance of a bullish crossover observed in the MACD histogram, suggesting growing upward momentum as bearish volumes taper out. Crude Oil also shows signs of a near-perfect Fibonacci retracement to the 61.8% level from its recent uptrend, reinforcing probabilities for a reversal. Experts stress that maintaining above $62.0 is critical, and a breakout above $65.0 could re-establish broader bullish sentiment as near-term resistance weakens.
From fundamental perspectives, analysts underline upcoming geopolitical developments like the Russia-Ukraine conflict, Middle East tensions, and U.S. reserve release strategies as potential catalysts for price movement. A tighter global crude inventory balance supports long positions as energy demand grows in the coming quarter.
**News Impact:**
Recent headlines reporting OPEC's continued adherence to production cuts, combined with rumors of extended strategic petroleum reserve releases from the U.S., create a mixed trading backdrop. However, China's recovery post-pandemic lockdowns fuels strong optimism for Crude Oil as key demand expectations rise in Q4. Any renewed supply disruptions from geopolitical events could inject volatility, emphasizing the importance of strategic stop levels for traders taking new positions.
**Trading Recommendation:**
Based on combined technical, fundamental, and sentiment analysis, initiating a LONG position on Crude Oil at current levels ($62.8) aligns with a high-probability scenario for reversal. Tight stop losses below $60.5 provide controlled risk exposure while targeting resistance at $65.2 and potentially $68.5. Traders should monitor inventory data and OPEC announcements for further clarity. Crude Oil's rebound potential makes this an opportunistic setup for bullish positions in the short-to-medium term.
Do you want to save hours every week?
downtrend continuation confirmed on the hourly for the next leg1-4 : lower highs and lows
4: a dip under the lowes low in the local structure ,
followed by a pullback, then a confirmation STRONG volitle
push back below the buyers from #2, for me the candle closing
down here signals buyers have interest
* what do I think will happen
* notice : RSI + MFI , making a sort of triangle shape, this is good
for signaling a turn in the market, not to mention oversold almost
on both.
* according to the chaos theory indicator , over the past 2,500 bars, if a bar closed
under a zone, we have a 65% chance to reach the next zone below, good for us
because the bar did close under the zone
* using these various factors I like the idea of a continuation down trade.
CL (Oil Futures) Short Trade Idea 08/17Setup
• Type: Rejection of 4H/1H supply → continuation lower.
• Zone to arm: 62.90–63.30 (overlapping 30m/1H supply + prior shelf).
• Triggers (must have both):
• 15-minute bearish confirmation (lower high + close back below ~62.95 from the zone).
• 5-minute bearish close in the zone with order-flow tilt (absorption/failure to lift).
(No confirmation = no trade.)
Entry & Risk
• Entry: MOS on the confirming 5m close within 62.90–63.30.
• Stop: 63.62 (above 1H supply high/swing). ≈ 0.32–0.72 risk depending on fill.
• Size: Calibrate so full-stop loss = ≤ 1R of your plan.
Targets (R:R from 63.10 mid-entry, 0.52 stop)
• TP1: 61.80 (prior-week low/shelf) → ~2.5R
• TP2: 61.10 (1H demand edge) → ~3.8R
• TP3: 60.50 (deeper 4H demand) → ~5.0R
Management
• Scale 1/2 at TP1; trail above last 5m swing after a fresh LL or hold for TP2.
• If price tags 63.30–63.50 and closes 15m above 63.50, invalidate the short idea until structure resets.
• Avoid fresh risk within ~10–15 min of EIA Wed 10:30 ET; re-arm after the first post-release 15m bar closes.
Oil Market Insights: Demand Zones and Future FundamentalsYesterday, CL1! oil tested and rebounded from my weekly demand zone without triggering my entry, resulting in a missed opportunity for several points. This suggests to me that there is buying interest at this level, regardless of the fact that non-commercial traders are short. I am now looking for a retest of this area—if I'm fortunate—to enter a long position. I am also awaiting the new COT data tomorrow to assess any potential shifts in fundamentals. Additionally, I am considering the presence of a stronger demand zone below, which appears even more promising. We'll see how it unfolds.
✅ Please share your thoughts about CL1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
ID: 2025 - 0146.16.2025
Trade #14 of 2025 executed.
Trade entry at 60 DTE (days to expiration).
BULLISH options trade executed on Crude Oil. Once price level of $75.00 gets taken out, this trade will get adjusted to secure a risk-free trade. Targets will be 100% ROI based upon this being a balanced bullish butterfly construct.
Defined risk
Defined reward
Happy Trading!
-kevin
Light Crude Oil Futures Stock Chart Fibonacci Analysis 081425Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 63/61.80%
Chart time frame:B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress:A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If you want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Crude Levels (Non-Updated but still reactive)Just wanted to share my crude levels. Drew alot of these months ago and haven't adjusted alot of them...especially the boxes but general areas identified still seem to be reactive.
Will update these eventually, but not sure this will be a living chart once published.
~The Villain
CL1! Long Setup – Recovery BounceBias: Bullish
Reasoning:
Demand zone respected – Price reacted strongly from the 62.00 – 62.20 support zone, forming a bullish rejection wick.
Liquidity sweep – The recent dip below support grabbed liquidity before reversing upward, signaling possible continuation.
Higher timeframe confluence – On the daily, crude oil remains in a broader accumulation phase with buyers stepping in at key support.
Risk-to-Reward setup – Entry near 62.70 – 62.90, targeting higher resistance zones, gives a favorable R:R.
Entry: 62.70 – 62.90
Stop Loss (SL): 62.00 (below liquidity sweep)
Target 1 (TP1): 64.08
Target 2 (TP2): 64.57
📈 Plan: Looking for price to push higher as long as it holds above 62.00 support.
CRUDE OIL FUTURES ## Views on the Crude Oil Futures Chart (MCX)
This chart represents daily price action for *Crude Oil Futures* on MCX as of August 14, 2025. Here are some key observations and insights:
### Price Action & Trend
- The trend since February shows an initial *downward movement, followed by a significant **reversal and uptrend* from late April to June.
- After peaking above 6,500 in June, prices have retraced and entered a *sideways/consolidation phase*.
### Key Technical Levels
- *Support levels*: 5,506 (current), 5,495, and 5,442. Price is currently testing a major horizontal support zone. A breakdown below these could trigger further bearish momentum.
- *Resistance levels*: 5,663, 5,800, 5,865, 5,944, 6,184, 6,575. These are potential areas where price may pause or reverse on an upward move.
### Candlestick Analysis
- The latest candle signifies a bounce off the 5,506 support with slight bullish intent (close is above open), but there’s visible bearish pressure in recent sessions.
### Volume & Sentiment
- Volume for the session stands at 5.04K—slightly increased, indicating active participation around this key support level.
### Summary & Outlook
- If prices sustain above the *5,500 support zone*, a rebound towards 5,663 and higher resistance levels is possible.
- If the 5,500 zone fails, expect a move towards lower supports at 5,495 and 5,442.
- Watch for strong bullish candles or volume spikes to confirm any reversal.
*Note:* This analysis is graphical and technical in nature. Actual trading decisions should account for broader market context and news events, as technical levels can be invalidated quickly in volatile markets.
Crude Oil completing a Regular Flat CorrectionCrude Oil bottomed out from a major down move last Friday and began a slow consolidation process which I believe will turn into a Regular Flat correction with Wave B completed a few hours ago. Wave B fell within the range of 90 to 105% of A giving a Regular term vs an expanded or running flat. Wave C will need to finish above the top of Wave A and will likely be of similar length. I expect the completed of Wave C to be pretty quick relative to the slow consolidation of the previous B Wave. Once Wave C is completed, I expect price to continue downward likely into the 50's.
Crude Oil – Retesting Resistance | Possible Pullback Trade Setu
Crude Oil (1H timeframe)
broken out from its short-term downtrend channel and is now retesting key resistance near 5740.
Price is holding above the 5610 support, but upside is likely capped unless bulls sustain momentum.
🔹 Key Levels:
• Resistance: 5740 – 5770
• Support: 5610 → 5513
📊 Technical View & Trade Plan:
• Sell Zone: 5730 – 5770 (near trendline resistance)
• Stop Loss: Above 5800
• Target 1: 5610
• Target 2: 5513
💡 Next Scenario:
• If price breaks & sustains above 5800, bullish momentum could extend toward 5860 – 5900.
• If rejection happens at resistance, expect a pullback toward 5610 and possibly 5513.
Bias: Neutral to Bearish — waiting for price reaction at resistance to confirm the next move.
MCL About to Take the Express Elevator DownOn the 15-min chart, MCL has completed a clean double top at 64.50, with neckline support broken at 63.00. This pattern is forming within a broader descending channel, adding higher-timeframe confluence for further downside.
Bearish Scenario (Primary Bias – 70% Probability)
- Entry Zone: 63.80–64.00 retest of broken neckline
- Stop Loss: 64.20 (above retest high)
- Target 1: 62.50 (recent swing low / intraday liquidity pocket)
- Target 2: 61.50 (lower channel boundary)
- Target 3: 60.80 (HTF measured move from double top)
Technical confluence:
Pattern completion, retest rejection, descending channel structure, macro trend alignment.
Bullish Invalidator (30% Probability)
A sustained reclaim of 64.20 with volume would invalidate the breakdown, likely triggering a short squeeze back into 64.50–64.70. This scenario is less likely without a macro catalyst during Tokyo liquidity, but remains a risk consideration.
The Tokyo open often sees thin liquidity in oil futures, meaning stop hunts above retest zones are common. Patience is key wait for rejection confirmation before entering short.
Bearish unless we see a confirmed reclaim and hold above 64.20. Short from 63.80–64.00 offers a high R:R toward the 62.50–60.80 range.
Oil Trap Activated – Limit Orders Set for the Big Score💥🛢️Crude Oil Vault Breach Plan – DCA Heist Begins!🧨💰
🚨Asset: CL1!
📈Bias: BULLISH RAID MODE ON
🎯Target: $74.50
🛡️Stop Loss: $67.50
🔑Entry: ANY LEVEL – Thief stacking limit orders like layers of gold bars 💼⚖️ (DCA Mode Activated)
🕵️♂️Thief Trader is not chasing, we're ambushing 🧠 — scaling in smart with multiple limit traps. The crew never FOMOs, we trap the market 🎯.
💣This is a layered loot plan, not for weak hands. Watch how we load up quietly while market sleeps 😴, then hit hard when the vault cracks open 🔐.
Support this heist by smashing that ❤️LIKE button
💬 Comment your plans below & join the real thief squad
🤝 Together we rob the market — LEGALLY & LOGICALLY
#ThiefTrader #OilHeist #CL1 #BullishTrap #DCA #CrudeOilStrategy #SmartMoneyPlay #MarketRobbery #TeamLoot #NoRetailPanic