USCRUDEOIL trade ideas
Bearish continuation?USO/USD is rising towards the resistance level, which is a pullback resistance, and could drop from this level to our take profit.
Entry: 63.20
Why we like it:
There is a pullback resistance level.
Stop loss: 64.15
Why we like it:
There is an overlap resistance level.
Take profit: 61.80
Why we like it:
There is a swing low support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Oil slips on weak U.S. demand, supply glut concernsOil slips on weak U.S. demand, supply glut concerns
Oil prices dipped late Thursday as U.S. crude stocks rose 3.9M barrels, defying forecasts for a decline, while the IEA lifted supply estimates, signaling a larger surplus ahead. Losses were capped by rising geopolitical risks, with the U.S. and EU weighing tougher sanctions on Russia after fresh Ukraine-related tensions. Traders now balance bearish fundamentals with potential supply disruptions.
USOIL SELLERS WILL DOMINATE THE MARKET|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 63.28
Target Level: 61.46
Stop Loss: 64.49
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Oil near $63 as Middle East tensions and tariff risks drive gainOil near $63 as Middle East tensions and tariff risks drive gains
WTI crude traded around $63 August 10, marking a third day of gains as Middle East tensions escalated after Israel struck Hamas leadership in Qatar. The move adds to years of regional operations and heightens supply concerns, supported by OPEC+’s smaller October output hike.
Meanwhile, U.S. President Trump urged the EU to impose 100% tariffs on Chinese and Indian goods to pressure Russia, with Washington ready to match. U.S. crude inventories rose 1.25M barrels, tempering the rally. Global stocks gained and the dollar steadied ahead of key U.S. inflation data, while gold held near record highs.
Market Analysis: WTI Crude Oil StrugglesMarket Analysis: WTI Crude Oil Struggles
Crude oil is showing bearish signs and might decline below $62.25.
Important Takeaways for WTI Crude Oil Price Analysis Today
- Crude oil price failed to clear the $65.60 region and started a fresh decline.
- There is a short-term bullish trend line forming with support at $62.25 on the hourly chart of XTI/USD.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil, the price struggled to clear $65.60 against the US Dollar. The price started a fresh decline below $64.60.
The bears gained strength and pushed the price below $62.00. Finally, the price tested $61.20 and recently started a recovery wave. There was a move above $62.00, the 50-hour simple moving average, and the 23.6% Fib retracement level of the downward move from the $65.63 swing high to the $61.23 low.
The bears are now active near $63.00. If there is a fresh increase, the price could face a barrier near $63.05. The first major resistance is near the 50% Fib retracement at $63.40. The next stop for the bulls could be near $64.60. Any more gains might send the price toward $65.60.
Conversely, the price might start another decline and test a short-term bullish trend line with support at $62.25 and the 50-hour simple moving average.
The next major support on the WTI crude oil chart is $61.20. If there is a downside break, the price might decline toward $60.50. Any more losses may perhaps open the doors for a move toward $60.00.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Natural Gas & Oil Rally...What You Need to KnowNatural gas price action made a bullish reversal on the daily chart.
Closing up 1.8% ahead of inventories is very aggressive trading by the bulls.
The last couple of inventory prints have been bearish.
Crude Oil inventories sent WTI crude higher.
Energy & oil stocks were very strong today on the drop in oil inventories.
September 19 week inventories dropped by about 3.5 Million barrels.
This is showing a greater demand for oil.
Crude is still chopping around in a very dangerous technical level. Hasn't broken out or down.
Oil analysisThe oil buy trigger we gave yesterday has been activated and already hit its target. After that, we need to wait and see how the price reacts to the channel’s ceiling before making the next decision. However, with this momentum, it looks like it’s heading to break the channel’s ceiling. ✅
USOIL TodayThe recent core support level is around 62,today, the price briefly bottomed out at the 62 support level, but immediately bounced back upwards and failed to achieve a genuine downside breakout. if this level is breached, the price may retrace to the 60-61 range. Resistance levels are concentrated in the 65-66 zone. Based on recent technical data, the momentum indicators on the daily timeframe are showing signs of a weak rebound.
WTI crude oil Wave Analysis – 23 September 2025
- WTI crude oil reversed up from the key support level 61.70
- Likely to rise to resistance level 65.00
WTI crude oil recently reversed up from the key support level 61.70 (which has been reversing the price from the start of August) intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 61.70 will most likely form the daily Japanese candlesticks reversal pattern Morning Star – if the price closes today near the current levels.
Given the strength of the support level 61.70, WTI crude oil can be expected to rise to the next resistance level 65.00 (which stopped earlier waves a, 2 and ii).
OIL (WTI) – Trading Plan | Sep 23, 20251️⃣ Main Trend
- Overall: Short-term trend has shifted to bullish, but still needs confirmation at the 63.9–64.2 supply area.
- On H1: After a strong decline, price broke the downtrend line and bounced sharply.
- Currently, price has surged from the 62.0 area up to 63.8, touching a key resistance zone.
2️⃣ Potential Price Zones
Nearest Resistance:
- 63.97 (Swing POC – key balance zone + supply zone).
- 64.27 (Swing VAH – previous distribution high).
Key Support:
- 63.05 (Swing VAL – first dynamic support).
- 62.40–62.50 (confluence of demand + breakout zone).
- 62.0 (psychological support level, origin of the strong bullish leg).
3️⃣ Price Behavior
- Price rallied vertically, breaking the downtrend line → buyers are dominant.
- However, the latest H1 candle left a long upper wick at 63.9 → showing short-term selling pressure.
- If price holds above 63.05, the bullish trend may extend towards 64.2.
- If 63.05 breaks → high probability that price will retest 62.4 or even deeper to 62.0.
4️⃣ Candlestick Patterns
- Consecutive long-bodied bullish candles show strong buyer control.
- The most recent candle at 63.9 has a long upper wick → a warning signal of profit-taking.
Observation: If a bullish pin bar forms at 63.0–63.1 → confirms continuation of the trend. If a bearish engulfing forms at 63.9 → signal of a short-term reversal.
5️⃣ Trading Plan
📌 Scenario 1 – BUY at support (top priority)
Entry: 63.05 (Swing VAL).
Stop Loss: below 62.8.
Target: 63.9 → 64.2.
📌 Scenario 2 – BUY at deeper support
Entry: 62.40–62.50.
Stop Loss: below 62.0.
Target: 63.5 → 63.9.
📌 Scenario 3 – Short-term SELL (only if clear reversal candlestick signal appears)
Entry: 63.9–64.0 (Swing POC + supply zone).
Stop Loss: above 64.3.
Target: 63.1 → 62.5.
✅ Conclusion: The short-term trend has shifted to bullish after breaking the downtrend line. Priority strategy is BUY at the 63.05 or 62.4 support zones. SELL should only be considered if a strong bearish reversal candlestick signal forms at 63.9–64.2.
👉 If you find this analysis useful, don’t forget to hit like 👍 and drop a comment 💬 to support us in delivering even better insights! Or join my channel to get free signal.
USOIL SHORT FROM RESISTANCE
USOIL SIGNAL
Trade Direction: short
Entry Level: 62.52
Target Level: 61.60
Stop Loss: 63.13
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GENERAL CONTEXTUSOIL remains in a short-term downtrend, capped by the H1 descending trendline.
Price just bounced from Demand zone ~61.85–62.00 (VAL) → showing buy-side reaction.
POC ~63.30 is the key magnet zone.
Supply zone ~63.90–64.00 (VAH) aligns with strong resistance.
📍 TRADING SCENARIOS
🟢 Scenario 1 – BUY at Demand zone (61.85–62.00 / VAL)
🔺 Conditions:
Price retests Demand zone (VAL).
Bullish reversal candles appear (Pin Bar / Engulfing M15–H1).
RSI > 30, bullish divergence confirmed.
🔹 Reason:
VAL often acts as strong support.
Confluence with Demand zone → high probability of bounce.
🎯 TP: 63.30 (POC) → 63.90 (VAH)
🛑 SL: below 61.70
🟡 Scenario 2 – SELL reaction at Supply zone (63.90–64.00 / VAH)
🔺 Conditions:
Price retests Supply zone + VAH.
Strong rejection forms (Bearish Pin Bar / Engulfing).
RSI > 70 or MACD losing momentum.
🔹 Reason:
VAH often works as distribution/profit-taking zone.
Aligns with Supply zone, high chance of pullback.
🎯 TP: 63.30 (POC) → 62.00 (VAL)
🛑 SL: above 64.20
🔴 Scenario 3 – SELL if breakdown below 61.80 (VAL)
🔺 Conditions:
H1 candle closes below 61.80.
Retest of VAL fails from below.
🔹 Reason:
Losing VAL → downtrend continuation.
Price likely seeks lower lows.
🎯 TP: 61.20 → 60.50
🛑 SL: above 62.20
⚠️ Scenario 4 – BUY breakout above 64.00 (VAH)
🔺 Conditions:
H1 candle closes firmly above 64.00.
Pullback holds above 63.90.
🔹 Reason:
Breakout of VAH + Supply zone confirms strong bullish momentum.
Could trigger a deeper rebound.
🎯 TP: 65.20 → 66.00
🛑 SL: below 63.60
📌 SUMMARY
The 61.85–62.00 (VAL/Demand zone) is the best BUY zone.
The 63.90–64.00 (VAH/Supply zone) is a potential SELL zone.
Overall bias remains bearish, but short-term bounce toward POC 63.30 is possible.
Strict risk management is required as crude oil tends to be highly volatile.
Disclaimer: This analysis is provided for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and you should only trade with money you can afford to lose. Always do your own research before making any investment decisions.
US OIL WTI Long
Entry 62.46
SL 61.98
TP 63.20
This is a counter-trend setup, the main structure is still bearish.
A strong bullish candle close above 62.600 would strengthen the bullish case toward to TP2.
If 62.200 fails to hold, expect continuation lower, with next possible demand near 61.500–61.600.
Fundamentally, Oil is currently undervalued against the US Dollar index and US Bond. I will expect some value gain.
Technically:
This is a tactical long setup based on a demand zone bounce with RSI confluence. It’s a short-term play aiming for corrective upside within a broader bearish market. Partial profit-taking at TP1 is recommended, with a chance to extend gains to TP2 if momentum follows through.
USOIL TREND ANALYSISHERE we have USOIL IN 30m TIMEFRAME and ITS in down trend so we have marked all the important areas of this trend. ONCE,the market reaches that marked areas, WE WILL SHIFT TO SMALLER TIMEFRAME AND LOOK FOR TRENDSHIFT AND TAKE TRADE FOR SELL SIDE .
IMPORTANT AREAS
50 PERCENT AREA=(63.22)
75 PERCENT AREA=(63.69)
Crude oil review - DAILY - 22/09/2025Oil prices fell on Friday as concerns about abundant supply and weakening demand outweighed optimism from the U.S. Federal Reserve’s first interest-rate cut of the year. OPEC is easing its production cuts, Russian exports remain unaffected by sanctions, and the refinery maintenance season is set to reduce demand further.
The Fed lowered rates by 25 basis points in last week’s meeting, with hints of more cuts to come, but experts argued that such small moves won’t lift oil markets given weak fundamentals. Energy agencies have all flagged slowing demand, and a surprise 4 million-barrel build in U.S. distillate stockpiles added pressure to prices.
On the technical side, the price of crude oil has declined after finding sufficient resistance on the 50-day moving average and the 61.8% of the weekly Fibonacci retracement level. The Stochastic is still at neutral levels while the moving averages are validating the overall bearish trend in the market. The Bollinger bands are sufficiently expanded, showing that there is volatility to support any short-term spikes. In any case, the price area of $62 is still the major technical support area that the price failed to break below in the past 2 months.
Disclaimer: The opinions in this article are personal to the writer and do not reflect those of Exness
wti 4hTrading Perspectives for the Upcoming Week
In this series of analyses, we have reviewed short-term trading perspectives and outlooks.
As can be seen, in each analysis there is a significant support/resistance zone near the current asset price. The market’s reaction to or break of this level will determine the future price trend up to the next specified levels.
Important Note: The purpose of these trading perspectives is to examine key price levels and the market’s potential reactions to them. The analyses provided are by no means trading signals!
USOIL: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse USOIL together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 62.657 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
USOIL (WTI Crude Oil) Intraday & Swing Outlook🛢️ USOIL (WTI Crude Oil) Forecast – Intraday & Swing Outlook 🚀📉
Asset Class: USOIL (SPOTCRUDE / WTI CASH)
Last Closing Price: $62.796
Date/Time: 20th Sept 2025 – 12:50 AM UTC+4
🔍 Market Context
Crude oil remains in a volatile zone as macro factors like OPEC+ policy, global demand recovery, and geopolitical risks continue to steer momentum. Traders must prepare for short squeezes, traps, and breakout plays this week.
📊 Technical Overview
Chart Theories Applied:
📈 Elliott Waves – corrective Phase B nearing end.
🔄 Wyckoff – signs of re-accumulation spotted.
🔺 Head & Shoulders (Inverse) – potential bullish reversal.
🔮 Gann Angles & Time Cycle – short-term resistance clustering near $64.50.
🛠️ Indicators
🔵 RSI (H1) → Neutral zone (48–52).
📏 VWAP Anchored → $62.20 (support pivot).
📉 EMA 20 / EMA 50 → Bullish cross on H4 confirmed.
🎯 Bollinger Bands → Expansion phase → Expect high volatility.
🕒 Timeframe Strategies
📌 Intraday (5M / 15M / 1H / 4H)
Buy Entry (Scalp): $62.20 – $62.50 🟢
TP1: $63.20 🎯
TP2: $63.85 🎯
SL: $61.80 ❌
Sell Entry (Scalp): $63.80 – $64.20 🔴
TP1: $63.00 🎯
TP2: $62.40 🎯
SL: $64.70 ❌
📌 Swing (Daily / Weekly)
Buy Zone: $61.50 – $62.00 🟢
Targets: $65.20 / $67.40 / $70.00 🎯
Stop Loss: $60.50 ❌
Sell Zone (Rejection): $67.40 – $68.00 🔴
Targets: $64.50 / $62.20 🎯
Stop Loss: $68.80 ❌
⚠️ Risk Management
Volatility expected due to Fed rate guidance & OPEC+ commentary.
Stick to 2–3% capital risk per trade.
Watch for bull/bear traps near breakout zones.
📌 Summary
Intraday: Range $62.20 – $64.20 ⚖️
Swing: Upside bias if $61.50 holds strong 💹
Key Resistance: $64.50 / $67.40
Key Support: $61.50 / $60.50
🔥 Bias: Short-term sideways → Medium-term bullish above $61.50.
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade