Get started
Crude Oil West Texas - CashCrude Oil West Texas - CashCrude Oil West Texas - Cash

Crude Oil West Texas - Cash

No trades
See on Supercharts
OverviewNewsIdeasDiscussionsSeasonals

USCRUDEOIL trade ideas

USOIL(WTI) – Demand Zone Tested,Potential Bullish Reversal AheadCrude Oil (WTI) is showing signs of strength after respecting the support level near $60–62 and forming a clear demand zone. Price has been consolidating within a descending structure and is now attempting to push higher. Key observations: ✅ Support level held strongly near $60. ✅ Multiple Change of Character (CHoCH) signals indicating momentum shift. ✅ A potential breakout above the descending triangle may open the path toward the $70–72 demand zone. 📈 If bullish momentum continues, next targets lie around $76–80 resistance area. On the downside, a break below $60 would invalidate the bullish setup and expose a move toward $56–54. This structure highlights a possible trend reversal from the bottom toward higher levels, as long as buyers maintain control above support. This analysis is for educational purposes only. It is not financial advice. Please trade responsibly and manage your risk
FX:USOILLong
by ProfitMagnet-Pro
4
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.
VANTAGE:USOUSDShort
by VantageMarkets
CRUDE OIL (WTI): Strong Bearish Pressure WTI Crude Oil is under a strong bearish pressure after US CPI release today. A bearish breakout of a support line of a flag pattern in a clear intraday downtrend on a 4H time frame leaves a strong confirmation. I think that the price will reach 62.0 level soon. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
FX:USOILShort
by VasilyTrader
3
OIL Trade Setup📢 NFX Trade Update – USOIL FX:USOIL Price pushed above $64, tagging the 23.6% Fibonacci retracement, which I believe should hold. This move looks like a liquidity grab, hunting short stop-losses (our last setup included 😅). Classic SMC in play. Now we have clearer insight: the key question is whether price respects the 23.6% Fib or extends higher. Based on strong fundamentals (recent inventory build signaling oversupply), I doubt sustained higher prices. The bearish case still holds weight. 🎥 Full breakdown and details in the video.
GBEBROKERS:USOILShort
by niclaxfx
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.
FOREXCOM:USOILLong
by ProfessorSingapore
Oil at the crossroads - buy zone or bear trap?Technically , WTI is testing the lower boundary of a converging wedge, hovering around the identified buy zone. Holding above 62–63 is critical for bulls, as a breakdown would expose targets at 61.30 and 58.80. Conversely, a rebound from current levels could trigger a move toward 70.50 and even 77.60 if momentum builds. The daily stochastic hints at a potential reversal to the upside, suggesting that a short-term bounce may be in play. Fundamentally , the outlook remains tense: weak demand from China and global economic uncertainty are weighing on prices, while OPEC+ continues to maintain control over supply. U.S. inventory swings, with alternating builds and exports, add to volatility. Overall, the setup looks neutral with elevated risk - macro data could easily tip the balance either way. Tactically , the market is facing a binary scenario: sustained strength above 63 opens the way to 70.50 and 77.60, while failure here brings 58.80–55.60 into focus. In short, oil is at a crossroads and the next decisive move depends on whether bulls can hold the line.
FX:USOILLong
by TotoshkaTrades
USOIL Trade Insights📢 NFX Trade Update – FX:USOIL USOIL (WTI-USD) Strong rejection at the 23.6% Fibonacci resistance, with price dropping exactly as expected, confirming the liquidity grab setup. A textbook SMC play. We anticipate further downside on Oil. Our trade is active, and for those who entered around $64.10 (per the last video analysis), you’re already sitting on +350 pips in profit. Looking ahead, I expect price to drop below the EIA entry level and potentially test the $62/barrel zone before Friday’s market close.
GBEBROKERS:USOILShort
by niclaxfx
WTI OIL Recent fractal calls for a buy towards $70.50.WTI Oil (USOIL) is on the 3rd straight green 1D candle following a Double Bottom bounce on the 61.50 Support. At the same time the 1D RSI formed Higher Lows, which is a Bullish Divergence. The same set of conditions emerged on the May 05 bottom rebound, which resulted into initially a 1D MA50 (blue trend-line) test and then a Resistance 2 contact. As a result, we expect this rise to continue, targeting $70.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILLong
by TradingShot
3
USOIL Trade Setup📢 NFX Trade Alert – Swing Setup 💹 Instrument: FX:USOIL Crude Oil (WTI-USD) 🛒 Trade Type: Swing – Sell at Market 📍 Entry: $63.50 ⛔ Stop Loss: $64.00 ✅ Target Profit: $60.50 Analysis: Crude Oil turned bearish after failing to hold above the $64.00 resistance. The latest EIA Crude Oil Inventories report (Sep 10, 2025) showed a +3.939M build versus a forecasted -1.900M draw and a previous +2.415M, signaling weaker demand and oversupply pressures. This aligns with the current technical setup: lower highs forming and supply pressure weighing on price action. A rejection around $63.50 opens room for continuation to the $60.50 support zone. Risk remains tight with a stop above $64.00, maintaining a favorable risk-to-reward profile.
GBEBROKERS:USOILShort
by niclaxfx
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.
FOREXCOM:USOILLong
by ProfessorSingapore
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.
FXOPEN:XTIUSD
by FXOpen
1
WTI Crude Oil resistance at 6540The WTI Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend. Key resistance is located at 6540, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6540 could confirm the resumption of the downtrend, targeting the next support levels at 6200, followed by 6070 and 6000 over a longer timeframe. Conversely, a decisive breakout and daily close above 6540 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6650, then 6830. Conclusion: The short-term outlook remains bearish unless WTI Crude breaks and holds above 6540. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:WTI
by TradeNation