WTI 4H🔹 Overall Outlook and Potential Price Movements
In the charts above, we have outlined the overall outlook and possible price movement paths.
As shown, each analysis highlights a key support or resistance zone near the current market price. The market’s reaction to these zones — whether a breakout or rejection — will likely determine the next direction of the price toward the specified levels.
⚠️ Important Note:
The purpose of these trading perspectives is to identify key upcoming price levels and assess potential market reactions. The provided analyses are not trading signals in any way.
✅ Recommendation for Use:
To make effective use of these analyses, it is advised to manually draw the marked zones on your chart. Then, on the 15-minute time frame, monitor the candlestick behavior and look for valid entry triggers before making any trading decisions.
USOIL.F trade ideas
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.
USOILPrice is consolidating inside a large symmetrical triangle pattern, with strong support forming around the $62.00–62.50 zone. A breakout is approaching as price nears the apex.
🔹 Key levels to watch:
Resistance zone: $65.99 – $66.87
Major breakout confirmation: $70.32
Upside target (if breakout sustains): $72.80 – $74.00
🔹 Bias:
As long as $62.00 holds, bulls may attempt a breakout towards the upper resistance trendline. A clean close above $66.87 could trigger momentum toward $70.32 and potentially $72+.
⚠️ However, a failure to hold $62.00 support may invalidate the bullish setup and push price lower.
Could we see a bullish reversal?WTI Oil (XTI/USD) is reacting off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 62.08
1st Support: 60.99
1st Resistance: 64.18
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.
Bearish reversal?WTI Oil (XTI/USD) has rejected off the pivot and could drop to the 1st support which acts as a multi swing low support.
Pivot: 63.97
1st Support: 57.80
1st Resistance: 68.85
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.
ROADMAP FOR OIL: Volatility Now, a Geopolitical Spark LaterThis isn't an update because the outlook has changed—it's been remarkably stable for months and even couple of years. Instead, this is about connecting the dots as we potentially approach a major inflection point.
Here’s the core idea: major geopolitical events aren't the drivers of crowd sentiment and price action. It's the other way around. Events like OPEC decisions or strikes on Iran happen when social mood has reached a tipping point, pushing politicians to act. These events cause volatility spikes on the chart but don't change the underlying trend; they simply create the corrective waves within it.
The chart is telling us that after the upcoming decline we're anticipating (based on wave count and indicators), a very powerful rally is due. This implies a major geopolitical catalyst, likely in late 2025 or 2026. Crucially, this spike will itself be just a large corrective wave up, setting the stage for the next major leg down in price.
The Technical Setup:
We're inside a complex double zigzag - - correction. The current (X) wave should unfold as either a combination (W)-(X)-(Y) or a flat pattern (A)-(B)-(C). A key tenet is that the trendline connecting the tops of and shouldn't be broken. That line is hard to define right now, which tells me the high for wave isn't in yet. This points to sustained and elevated volatility in the coming months.
The Big Picture (The Supercycle):
COVID likely marked the absolute bottom for energy prices. We are now in a major multi-decade upward supercycle. However, this cycle is so vast that we are still in its very first large wave. The entire corrective phase we're in now began in 2022 and could last until the late 2020s, potentially culminating in a global crisis sparked by conflict, escalating into trade wars, and exacerbated by the financial system vulnerabilities everyone is now preparing for.
Layer on top of that potential US production exhaustion and a post-2030 output decline across India and Asia, and you have a perfect recipe for a powerful oil rally in the future. But that story is for the next decade. For now, fasten your seatbelts for some turbulence.
#Oiltrading #ElliottWave #Socionomics #Macro #Trading #Geopolitics #Energy #Supercycle #Commodities
CRUDE OIL FREE SIGNAL|SHORT|
✅CRUDE OIL is going up now
But a strong resistance level is ahead at
Thus I am expecting a pullback and we
Will be able to enter a the following short trade:
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Entry: 86.500
Stop Loss: 86.700
Take Profit: 86.100
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SHORT🔥
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USOIL Analysis- Bearish OutlookUSOIL Analysis- Bearish Outlook
Crude oil is once again testing the resistance zone near $65.00, a level that has been rejected multiple times in the past. Sellers seem to remain strong at this area, keeping the price from breaking higher.
Currently, the chart suggests a possible pullback from resistance. If the bearish move continues, the first target is around $63.10, followed by the lower support area at $61.80.
As long as the price stays below $65.00, the short-term outlook remains bearish.
You may find more details in the chart!
Thank you and Good Luck!
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CRUDE OIL (WTI): Strong Bullish Confirmation?!
Update for my yesterday's idea for WTI Crude Oil.
The price retested a recently broken structure and we see a
strong bullish reaction to that today.
A bullish violation of a resistance line of a falling wedge pattern
indicates a strong buying pressure.
I think that the market will continue growing and reach 64.65 resistance soon.
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Crude oil:short-term longCrude oil continued to rally during the US session, with a series of bullish candles on the chart. Note that short positions are not viable—focus on taking profits to break even on pullbacks. The wide ranging oscillation on the daily chart remains unchanged. The watershed for the small cycle is at 63.5, and the trend watershed is at 65.
Buy 62.5 - 62.8
TP 64 - 64.5
SL 62
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
Clear Rebound Post-Pullback, Watch for 2nd Drop After a significant pullback, oil has now seen a clear rebound 📈
However, we need to watch out for a potential second pullback ⚠️ and can opt to go long at lower levels 🐂
Buy 62.2 - 62.6
TP 63.2 - 63.6 - 64.6
Accurate signals are updated daily 📈! If you encounter any issues during trading, these signals can serve as your reliable guide 🧭—feel free to refer to them anytime! I sincerely hope they’ll be of great help to you 🌟
WTI ShortThe alliance, including Russia and Saudi Arabia, agreed to a phased increase in production, which led to an increase in supply on the market.
OPEC+ production increase parameters
April 2025: Increase in production by 137,000 barrels per day
May-July 2025: Monthly increase of 411,000 barrels per day
August 2025: Increase by 548,000 barrels per day
September 2025: Increase by 547,000 barrels per day
October 2025: Planned increase by 137,000 barrels per day
OPEC+ plans to fully restore production cuts in 2023. Initially, a gradual increase in production was planned until September 2026, but due to favorable market conditions, the process was accelerated
US trade policy, which introduced customs duties on goods from many countries, also affects the price of oil
We expect a decline in the American grade of oil to $ 60
WTI Crude Oil ReboundsWTI Crude Oil Rebounds
Crude oil is recovering and might rise toward the $64.30 resistance zone.
Important Takeaways for WTI Crude Oil Prices Analysis Today
- WTI Crude oil is recovering losses and trading above $62.60.
- There is a major bearish trend line in place with resistance near $63.65 on the hourly chart of XTI/USD.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil, the price found support near $61.60 against the US Dollar. The price formed a base and started a recovery wave above $62.60 and the 50-hour simple moving average.
The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $64.32 swing high to the $61.58 swing low. The hourly RSI is above the 60 level, but the price is struggling near $63.65.
Besides, there is a major bearish trend line in place with resistance near $63.65. It coincides with the 76.4% Fib retracement. A close above the trend line resistance might send the price toward the $64.32 high.
The next hurdle could be $65.00. A clear move above $65.00 could send the price toward $66.25. Any more gains might open the doors for a test of $68.00.
Conversely, the price might start a fresh decline from $63.65. Immediate support sits near $62.95. The key breakdown zone on the WTI crude oil chartmight be $62.60 and the 50-hour simple moving average.
If there is a downside break, the price might decline toward $62.60. Any more losses might encourage the bears for a push toward the $61.58 low.
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.
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
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CRUDE OIL (WTI): Pullback Trade From Support
WTI Crude Oil looks oversold after a test of a significant
daily horizontal demand zone.
A formation of a bullish imbalance candle on an hourly time frame
indicates a strength of that structure.
With a high probability, the price will pull back to 62.38
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OIL – Stuck in Range as Russian Supply Risks Counter OPEC+ PressOIL – OVERVIEW
Oil is on track for a modest weekly gain, but remains locked in a narrow range since early August. Bearish fundamentals—led by OPEC+’s accelerated output return—continue to cap upside potential.
However, lingering concerns over Russian supply risks following recent Ukrainian attacks on key infrastructure and Trump’s call for NATO allies to halt Russian oil purchases keep the market alert for potential spikes in volatility.
Technical Analysis
Crude maintains a bearish momentum while trading below 63.47 – 63.14, with downside targets at 61.83 and, if broken, 60.16.
A confirmed 4H close above 63.47 would shift momentum to bullish, opening a path toward 64.72 and 65.83.
Key Levels
Pivot: 63.14
Resistance: 63.47 – 64.72 – 65.83
Support: 61.83 – 60.16 – 58.70
Oil remains range-bound, with the 63.14–63.47 zone acting as a key decision area. A breakout will determine whether the next move favors a deeper pullback or a bullish reversal.