USOIL Chart — WTI Crude Oil Price — TradingView

Key data points

Details

Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.

See all minds

Ideas

USOIL Daily CLS Model 1 - Nested in Monthly Model 2 Hi Friends, New CLS Range has been created and Im looking for Long Model 1 trade setup. As always after the manipulation in to the Key Level, below the CLS range and reaction, we need to see a confirmation switch from the manipulation phase - CIOD (change in order flow) in the the expansion. 📚

USOIL 30Min Engaged ( Bullish Reversal Detected )HANZO MARKET LIQUIDITY REPORT USOIL Timeframe: 30min (Volume Basis) Scale: Higher Timeframe Context / Deep Volume analysis ━━━━━━━━━━━━━━━━━━━━━━ Market Observation This analysis is focusing on structural behavior, liquidity zones, Volume analysis and key areas of interest within the current range.

by Path_Of_Hanzo

USOIL 4H Structure: Breakdown Retest Targets $76.50 Support Hi! Market Structure & Trend: Price experienced a major bullish run, peaking near $93.00 before breaking down below the long-term descending trendline. The recent drop below the Simple Moving Average signals a shift back toward a bearish market structure. Resistance Zone: The highlighted blue

by melikatrader94

USOIL Technical Analysis: Buyers Defend Support, Upside to $82 USOIL (WTI) Technical Analysis – Bullish Recovery from Demand Zone, Eyes on $82.00 WTI Crude Oil is showing early signs of a bullish recovery after finding strong buying interest near the major demand zone around 75.10–75.80. Following a prolonged bearish trend that pushed prices sharply lower from

by Global_Gold_Insights

USOIL 30Min Engaged ( Bullish Reversal Detected )HANZO MARKET LIQUIDITY REPORT USOIL Timeframe: 30min (Volume Basis) Scale: Higher Timeframe Context / Deep Volume analysis ━━━━━━━━━━━━━━━━━━━━━━ Market Observation This analysis is focusing on structural behavior, liquidity zones, Volume analysis and key areas of interest within the current range.

by Path_Of_Hanzo

Hellena | OIL (4H): LONG toward the unfilled gap area at 87.59.OIL continues to develop within a complex corrective structure. According to the current wave count, the larger wave "W" has already been completed, while the next part of the correction, wave "X", is now unfolding. Within wave "X", the price is developing wave "B" of the higher degree. However, th

by Hellena_Trade

USOIL Bearish Rejection Below Trendline USOIL remains under bearish pressure after rejecting a long-term descending trendline, reinforcing the overall downtrend. Price has failed to sustain above multiple Fair Value Gap (FVG) zones, indicating that sellers continue to control the market. The recent rejection near trendline resistance and

by PRIMEALPHA-FX

USOIL Bearish Continuation Targets Major Demand Zone WTI Crude Oil (USOIL) remains under strong selling pressure after breaking below the previous consolidation range and confirming a bearish continuation. The breakdown from the highlighted distribution zone, along with price trading below the Ichimoku cloud, indicates that sellers remain firmly in

by PRIMEALPHA-FX

WTI OIL Is the Channel Down going to bounce?WTI Oil (USOIL) has been trading within a 1.5-month Channel Down and broke below the 1D MA200 (orange trend-line) for the first time since July 17. This technically extends the current Bearish Leg. If it bottoms after a -16.71% decline like the previous Lower Low, a rebound towards the 0.618 Fibona

WTI Crude Oil ->Trendline Rejection Keeps Bears in Control Hi! WTI rallied into the long-term descending trendline and was rejected once again, confirming it as a key resistance level. The bearish rejection created a gap lower, reinforcing the view that sellers remain in control. Price is currently trading below the 100-day SMA, adding to the bearish tech

by melikatrader94

See all ideas

Seasonals

Displays a symbol's price movements over previous years to identify recurring trends.