Hellena | Oil (4H): LONG to the area of the maximum of wave “A”.Colleagues, the past forecast has not been canceled, but I see some changes and therefore feel it is necessary to make a fresh forecast.
Apparently, the corrective wave “B” has extended to the area of 57.930. This is quite close to the low of wave “C” at 56.408 and the price should not update it, o
OIL: Time To Rise AgainOIL: Time To Rise Again
Oil is moving within a "Descending Channel Pattern" which is clear and well defined.
Every time the price tested the lower support of the pattern, the price moved back up and every time Oil tested the upper boundary of the pattern, the price moved back down.
It is more li
USOIL ANALYSIS SETUP READ THE CAPTIONUSOIL is consolidating above a strong support zone while forming higher lows, indicating bullish pressure building. Price is currently testing the trendline resistance, and a clean breakout could open the way toward the upper target zone. As long as price stays above support, the bullish scenario re
Potential bullish reversal?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 61.8% Fibonacci resistance.
Pivot: 59.38
1st Support: 59.01
1st Resistance: 60.16
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form
Market Analysis: WTI Crude Oil Extends RecoveryMarket Analysis: WTI Crude Oil Extends Recovery
Crude oil price is rising and it could climb further higher toward $62.00.
Important Takeaways for WTI Crude Oil Price Analysis Today
- WTI Crude oil prices are moving higher above the $60.00 resistance zone.
- There is a key bullish trend line
WTI OIL Is it possible to crash at $30.00?WTI Oil (USOIL) has been declining for 3 straight months (current red 1M candle is the 4th one) since the June 2025 rejection on the 1W MA100 (red trend-line). That has been the last rejection of a series of Lower Highs rejections on the 1W MA100 in the past 2 years.
On the much longer-term scale,
WTI/USD: Bullish Rally to 62.45?CFI:WTI is gearing up for a bullish rally on the 4-hour chart , with price rebounding from a key support zone near cumulative long liquidation levels, setting up a strong entry opportunity if buyers maintain control and push toward resistance amid recent consolidation. Entry from current levels
USOIL The Target Is UP! BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 57.97 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the marke
WTI resumes slideExcess supply concerns continue to hold back oil each time it tries to stage a recovery, and today it looks like the market has decided that it wants to trade below $60 per barrel. WTI has been testing this barrier from underneath for a few days but today it looks like the advance has been rejected
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.









