USOIL ANALYSIS SETUP READ THE CAPTIONUSOIL is consolidating above a strong support zone while forming higher lows, indicating bullish pressure building. Price is currently testing the trendline resistance, and a clean breakout could open the way toward the upper target zone. As long as price stays above support, the bullish scenario re
USOIL strong down trend entry on consolidation breakdown USOIL Technical Outlook – 4H Timeframe
USOIL continues to show strong downside momentum, with sellers maintaining control. Price is currently respecting the downtrend structure, and a consolidation breakdown below 59,100 is confirming further bearish pressure.
📉 Key Technical Levels:
Immediate Su
How to Trade Crude Oil with Smart Money Concepts SMC Explained
Smart Money Concepts is one of the most reliable techniques for trading WTI Crude Oil.
In this article, I will teach you a profitable SMC strategy for analysing and trading USOIL futures and CFD.
This simple strategy is based on an important event every SMC trader should know - a break of
US CRUDE OIL (WTI): Classic Trend-Following Setup I spotted a very classic bullish model on 📈USOIL.
Following a strong bullish wave, the market started to correct within a bullish flag pattern.
The resistance breakout of this pattern consistently provides a reliable confirmation to consider a buy.
I anticipate a rise to 62.50 at this time.
USOIL Will Grow! Long!
Please, check our technical outlook for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 60.422.
The underlined horizontal cluster clearly indicates a highly probable bullish movement
WTI OIL Successive 1D MA50 rejections. Sell Signal.WTI Oil (USOIL) has been trading within a 3-month Channel Down with the price experiencing successive rejection on the 1D MA50 (blue trend-line) since the October 24 Lower High.
Given that the 0.5 Fibonacci retracement level was also filled (as on the previous Lower High), we expect this inability
CRUDE OIL (WTI): Strong Selling Imbalance
Look at a large selling imbalance candle that was formed
on an hourly time frame after a test of falling trend line on a daily.
I think that there is a high chance that WTI Crude Oil will
continue falling now.
Goal - 59.6
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OIL Rejected Again at Resistance OIL Rejected Again at Resistance: Bears Preparing for Another Push Down
Oil continues to struggle below the 60.50–60.60 resistance zone, where price has been rejected multiple times, confirming selling pressure.
Each test of this zone has led to a swift bearish move — and this time might be no di
Potential bearish drop?WTI Oil (XTI/USD) could rise towards the pivot and could reverse to the 1st support which acts as a swing low support.
Pivot: 60.07
1st Support: 56.77
1st Resistance: 61.63
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC
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Displays a symbol's price movements over previous years to identify recurring trends.









