Can I enter a long position in crude oil?
International crude oil emphasizes caution against excessive bullishness until it stabilizes above the 66 high. It may fluctuate again. If it fluctuates, consider the 66/61.5 level. Focus on the gains and losses at the support level below 61.3. If this level holds, consider buying the dip and looking for potential upside in this trend. Therefore, on Wednesday, I'm planning a bullish long position in crude oil. Pay attention to the timing. Shorting is acceptable if crude oil rebounds, as there is room and demand for further declines. Today, focus on the upward resistance level of $63.50. If it rebounds below this resistance, continue shorting. Specific buying times and points will be provided in the channel.
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USCRUDEOIL trade ideas
CRUDE OIL Will Grow! Buy!
Hello,Traders!
CRUDE OIL after sweeping liquidity from the horizontal demand area, price shows signs of rebalancing inefficiency. From an SMC perspective, buyers may drive the market toward the marked target zone. Time Frame 5H.
Buy!
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USOIL WEEKLY CHARTUS OIL have a seen a sharp drop in price and buyers and opec kept April 2025 low at 54.93$-55$ zone and retested in the month of may 2025 at 54.93$-55$ zone ,this zone could be considered as weekly benchmark buying deman floor from our strategy.
As geopolitical tension cools off oil price surged but capped by long term descending trendline connecting as represented on the chart on weekly timeframe,at the moment we have bridged 64.041$ and it will expose 70.971$-71.82$ descending trendline acting as dynamic resistance to oil uprising for a long time .
if buyers and opec make critical change and demand exceeds supply then we are going long on the break of 70.971$-71.82$ into 88$-85$ zone before correction .
pls let me know if you like the analysis and if we have any error to help us win on oil forecast.
pls note that this is my perspective based on the strategy and it could have some error.
#oil #usoil #ukoil
USOIL BULLS ARE STRONG HERE|LONG
USOIL SIGNAL
Trade Direction: long
Entry Level: 62.93
Target Level: 64.18
Stop Loss: 62.10
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 4h
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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USOIL Is Bullish! 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 65.184.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 68.737 level.
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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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.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USOIL: Breaks $64.75 — Is a retest of $66 and higher level?This is my previous analysis — feel free to take a look for reference.
* 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.
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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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Crude oil opens a path to $60Crude oil is in play after testing the $65 technical resistnace, and reverting back to the downtrend.
Having shown a large distribution day, crude oil might reverse back to the downtrend with reaching a fair price of $60, which is a fair price pointed by eia.gov for Q4, 2025.
Yesterday's proposal of the US president Donald Trump about deescalation in Gaza was approved by Israeli prime minister Netanyahu. That is a move towards decreasing geopolitical tensions in the Middle East, though the situation may be far from the resolution.
Anyways, Crude oil futures have reacted with the decline, confirming weak sentiment and overall bearish context.
One may consider a trend-following trade with a potential target of $60.
Don't forget - this is just the idea, always do your own research and never forget to manage your risk!
Potential bearish drop?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support.
Pivot: 64.72
1st Support: 62.67
1st Resistance: 66.82
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.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
WTI Crude | Oversupply Pressures Below Key AveragesWTI crude remains under pressure as the September sell-off extends. Rising supply from OPEC+ easing cuts and Russian export adjustments continue to outweigh seasonal demand, while U.S. macro indicators point to a softer consumption backdrop. The Fed’s September rate cut offered little support, with demand signals still muted and inventories building.
Technically, WTI trades below both the 20- and 50-day moving averages, reinforcing a bearish tone. Price action remains capped within a consolidation channel, with sellers defending the upper boundary. A sustained failure to reclaim the moving averages leaves scope for further downside toward the anchored VWAP from April lows and the broader $60–62 zone.
For now, crude sits at an inflection point: oversupply fears and soft demand keep pressure on the downside, while only a breakout above recent consolidation highs would begin to shift momentum.
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: Range-bound setup with upside test before downside risk
* 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.
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USOIL Trading Opportunity! SELL!
My dear friends,
My technical analysis for USOIL is below:
The market is trading on 65.18 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 64.22
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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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WISH YOU ALL LUCK
Crude oil long position are currently being held,awaiting profitCrude oil hit an extremely low bottom yesterday, creating an opportunity to go long. During the first wave of the rally, it peaked near $62.5, which was in line with expectations and offered good profit margins. We have always advocated for buying at low levels. The price is about to break out with a large bullish candlestick pattern, and it has already begun to gain momentum, breaking through the intraday short resistance level. The upper limit is currently visible at $63.3. Today, we continue to adopt a long-on-low strategy.
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USOIL BEARS WILL DOMINATE THE MARKET|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 65.18
Target Level: 63.42
Stop Loss: 66.35
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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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USOIL On The Rise! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The instrument tests an important psychological level 60.68
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 62.13
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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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WISH YOU ALL LUCK
USOIL Struggles to Hold Gains, Bearish Trend Intact
Current market sentiment is bearish.
USOIL is struggling to hold above resistance and leaning towards support.
USOIL is trading at $63.76, below the mid-Bollinger band → showing weak momentum.
Price failed to hold above $66–68 resistance zone and is now trending lower.
Price is leaning towards the lower band, suggesting bearish continuation risk.