โWTI Crude Oil: Rebound Setup with $95 Target Ahead?โWTI Crude Oil Analysis ๐ข๏ธ
Price is holding strong around the $59โ62 support zone.
A breakout above the $70 trendline could open the way to $95โ96.
๐น Fundamentals: OPEC+ supply discipline, global demand recovery, and USD weakness could support the move.
โ ๏ธ Risks: global slowdown, stronger USD, unexpected OPEC policy shifts.
๐ Setup looks bullish, but patience is key.
This is not financial advice.
USOIL.F trade ideas
USOIL: Bears Are Winning! Short!
My dear friends,
Today we will analyse USOIL togetherโบ๏ธ
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 61.933 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.
โค๏ธSending you lots of Love and Hugsโค๏ธ
USOIL Will Go Lower From Resistance! Sell!
Here is our detailed technical review for USOIL.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 61.941.
Taking into consideration the structure & trend analysis, I believe that the market will reach 58.529 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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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WTI 4HTrading Outlook for the Upcoming Week
In this series of analyses, we review trading perspectives and short-term outlooks.
As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The marketโs reaction toโor breakout fromโthis zone will determine the next price movement toward the specified levels.
Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the marketโs potential reactions to them. The analyses provided are by no means trading signals!
OILUSD โ Testing 61.71, Next Support at 59.86WTI Crude extended its bearish move after rejecting the 64.57 resistance zone. Price is now testing the 61.71 support, and a breakdown here could open the way toward the 59.86 zone.
Support at: 61.71 / 59.86 ๐ฝ
Resistance at: 63.09 / 64.57 ๐ผ
๐ Bias:
๐ฝ Bearish: A clear break below 61.71 exposes 59.86 as the next target.
๐ผ Bullish: Holding above 61.71 and reclaiming 63.09 would suggest a possible rebound toward 64.57.
๐ Disclaimer: This is not financial advice. Trade at your own risk.
WTI Oil Shorting Opportunity | Technical + Macro Confirm๐ WTI CRUDE OIL | Money-Making Thief Plan ๐ข๏ธ (Swing/Day Trade)
๐ก๏ธ Thief Strategy Plan (Bearish Bias)
Plan: Bearish setup confirmed โ sellers in control after MA rejection of bulls ๐
Entry (Layered Style):
63.000 ๐ช
62.500 ๐ช
62.000 ๐ช
61.500 ๐ช
(You may increase or adjust layers based on your own plan)
Stop Loss (Thief SL): @64.000 โ
โ ๏ธ Adjust SL according to your risk & strategy
Target (Thief TP): Key resistance zone + overbought trap @4.6700 ๐ฏ
Note: Dear Ladies & Gentlemen (Thief OGโs) โ I donโt recommend locking only my TP. Take your profits wisely & manage risk responsibly. ๐ฐ
โ Why This Plan?
Moving average rejection confirms sellersโ dominance โ๏ธ
Technical indicators showing strong sell bias ๐
Layered entry strategy helps in catching moves efficiently ๐ฏ
Oversupply risk + weak demand = bearish fuel ๐ฅ
Retail & institutions both leaning short-side heavy ๐ป
๐ Market Analysis (Technical + Fundamental + Macro + Sentiment)
๐ Real-Time Price Action - Sep 05
Daily Change: -1.03%
Monthly Change: -2.84%
Yearly Change: -8.44%
๐ Retail & Institutional Sentiment
Retail Traders: 35% ๐ | 55% ๐ป | 10% ๐
Institutional Traders: 30% ๐ | 60% ๐ป | 10% ๐
๐ก๏ธ Fear & Greed Index
Current: 25/100 โ Fear ๐
Mood: Cautious, driven by oversupply fears + weak demand
โ๏ธ Fundamental Score: 40/100 (Bearish)
U.S. crude inventories unexpectedly +2.42M vs. -2.19M expected ๐
OPEC+ considering production increase ๐
Weak China demand signals ๐
๐ Macro Score: 35/100 (Bearish)
Fed rate cut expectations (25bp likely in September) ๐ธ
Global slowdown fears ๐ (Europe + Asia weak data)
Geopolitical risks (Russia-Ukraine) limited impact ๐จ
๐ Overall Market Outlook: Bearish (Short Bias) ๐ป
Declining prices + rising inventories + OPEC+ supply hike risk
Technicals = Strong Sell (daily/weekly)
Sentiment favors sellers across the board
๐ฎ Key Takeaway
WTI/USOIL remains heavy under supply pressure + demand weakness.
Market sentiment is fearful, with both retail & institutions leaning short.
โก Keep eyes on U.S. jobs data + OPEC+ decisions for any trend shifts.
๐RELATED PAIRS TO WATCH
BRENT CRUDE ( TVC:UKOIL ): $66.42 (-1.8% daily)
NATURAL GAS ( FX:NGAS ): $2.84 (-0.7% daily)
ENERGY ETFS: XLE, USO, UCO
OANDA:CADJPY : Oil-correlated currency pair
ENERGY STOCKS: NYSE:XOM , NYSE:CVX , NYSE:COP , NYSE:SLB
โจ โIf you find value in my analysis, a ๐ and ๐ boost is much appreciated โ it helps me share more setups with the community!โ
#USOIL #WTI #CrudeOil #ThiefTrader #EnergyMarkets #Commodities #OPEC #SwingTrade #DayTrade #OilAnalysis
USOIL Is Bullish! Long!
Here is our detailed technical review for USOIL.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 63.116.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 65.546 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.
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 BULLISH BIAS RIGHT NOW| LONG
USOIL SIGNAL
Trade Direction: long
Entry Level: 63.13
Target Level: 65.08
Stop Loss: 61.82
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.
โ
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WTI BUY OPPORTUNITY Price rebound at a support level of 62.5 technically we anticipate some bullish price action to develop away from that level. Also, thereโs a decrease in oil production according to report from EIA therefore thereโs an increase in demand which shows that buyers are likely to take the price higher from the current price. Target profit is 64.5
Oil Prices Under OPEC+ Pressure!Oil prices fell for a second consecutive session, with Brent crude down 0.6% to $67.17 a barrel and U.S. West Texas Intermediate down by the same percentage to $63.53. Investors are now looking ahead to the upcoming OPEC+ meeting early next week, amid rising expectations that producers may consider a fresh output hike for October.
This comes after the alliance had already raised its targets by about 2.2 million barrels per day between April and September, along with an additional 300,000 barrels for the UAE. At the same time, market focus is shifting to U.S. crude inventory data, particularly after the American Petroleum Institute reported an unexpected build of 622,000 barrels for the week ending August 29, compared with analyst forecasts of a nearly 2 million barrel drawdown.
From the technical side:
Crude oil is still trading in a general uptrend on the 4-hour chart, forming higher highs and higher lows. However, it is approaching a key level in the short- to medium-term at 62.95, which represents the last higher low recorded by the price. A break below this level and the formation of a lower low on the 4-hour chart would indicate a shift from the current uptrend to a renewed downtrend. On the other side, if price holds the 62.95 level and fails to form a lower low, oil could potentially target the 65.31 level.
USOIL H4 | Potential bearish dropBased on the H4 chart analysis, we can see that the price has reacted off the sell entry, which is a pullback resistance and could drop from this level to the downside.
Sell entry is at 63.41, which is a pullback resistance.
Stop loss is at 64.78, which is a pullback resistance.
Take profit is at 61.60, which is a swing low support that lines up with the 138.2% Fibonacci extension.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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Potential bearish drop off?WTI Oil (XTI/USD) has reacted off the pivot and could drop to the 1st support.
Pivot: 64.20
1st Support: 62.48
1st Resistance: 65.62
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WTI: weekly seller targets reached, monthly targets still lowerHi traders and investors!
This analysis is based on the Initiative Analysis concept (IA).
The sellers have reached the targets mentioned in the previous review (65.628 and 64.378).
What to expect next.
Daily timeframe
On the daily timeframe (D1) for WTI, we see a manipulation of the 65.771 level, which may indicate that the market is moving toward the monthly targets I mentioned earlier โ 61.818 and 58.504.
Hourly timeframe
On the hourly timeframe (H1), this manipulation appeared as a false breakout of the upper boundary of a sideways range. The range boundaries are clearly defined: the upper boundary at 65.771 and the lower boundary at 63.580.
Wishing you profitable trades!
WTI OIL 4H BUY SIGNAL WTI OIL 4H Buy Signal ๐ข
After catching last weekโs low and hitting $66.30 target, WTI now pulled back to the 4H MA50 inside the short-term Channel Up.
The last 3 touches = buy opportunities โ
.
If this Higher Low holds, a new bullish leg should target the 1.382 Fib extension โ $66.75 ๐ฏ.
Kaizo precision. Next move loadingโฆ ๐ฅท๐ฅ
WTI OIL Short-term Channel Up 4H MA50 buy opportunity.Last week (August 26, see chart below) we caught the absolute low with our WTI Oil (USOIL) buy signal, hitting our $66.30 Target shortly after:
This time we have another buy signal on the short-term as the Channel Up that emerged has pulled-back all the way to its 4H MA50 (blue trend-line).
The last 3 times it did so, it was a buy opportunity. Assuming this is another Higher Low bottom, the new Bullish Leg that is about to be initiated, should aim for the 1.382 Fibonacci extension, similar to what the previous two did.
This gives us a $66.75 Target for the short-term.
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