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WTI Oil Spot

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GENERAL CONTEXTUSOIL remains in a short-term downtrend, capped by the H1 descending trendline. Price just bounced from Demand zone ~61.85–62.00 (VAL) → showing buy-side reaction. POC ~63.30 is the key magnet zone. Supply zone ~63.90–64.00 (VAH) aligns with strong resistance. 📍 TRADING SCENARIOS 🟢 Scenario 1 – BUY at Demand zone (61.85–62.00 / VAL) 🔺 Conditions: Price retests Demand zone (VAL). Bullish reversal candles appear (Pin Bar / Engulfing M15–H1). RSI > 30, bullish divergence confirmed. 🔹 Reason: VAL often acts as strong support. Confluence with Demand zone → high probability of bounce. 🎯 TP: 63.30 (POC) → 63.90 (VAH) 🛑 SL: below 61.70 🟡 Scenario 2 – SELL reaction at Supply zone (63.90–64.00 / VAH) 🔺 Conditions: Price retests Supply zone + VAH. Strong rejection forms (Bearish Pin Bar / Engulfing). RSI > 70 or MACD losing momentum. 🔹 Reason: VAH often works as distribution/profit-taking zone. Aligns with Supply zone, high chance of pullback. 🎯 TP: 63.30 (POC) → 62.00 (VAL) 🛑 SL: above 64.20 🔴 Scenario 3 – SELL if breakdown below 61.80 (VAL) 🔺 Conditions: H1 candle closes below 61.80. Retest of VAL fails from below. 🔹 Reason: Losing VAL → downtrend continuation. Price likely seeks lower lows. 🎯 TP: 61.20 → 60.50 🛑 SL: above 62.20 ⚠️ Scenario 4 – BUY breakout above 64.00 (VAH) 🔺 Conditions: H1 candle closes firmly above 64.00. Pullback holds above 63.90. 🔹 Reason: Breakout of VAH + Supply zone confirms strong bullish momentum. Could trigger a deeper rebound. 🎯 TP: 65.20 → 66.00 🛑 SL: below 63.60 📌 SUMMARY The 61.85–62.00 (VAL/Demand zone) is the best BUY zone. The 63.90–64.00 (VAH/Supply zone) is a potential SELL zone. Overall bias remains bearish, but short-term bounce toward POC 63.30 is possible. Strict risk management is required as crude oil tends to be highly volatile. Disclaimer: This analysis is provided for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and you should only trade with money you can afford to lose. Always do your own research before making any investment decisions.
TVC:USOIL
by TraderX_68
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.
ICMARKETS:XTIUSDLong
by IC Markets
OILUSD Technical AnalysisWTI Crude Oil rejected the 61.717 support zone, showing buyers stepping in after the selloff. Price is now pulling back from this level, and the next reaction will determine short-term momentum. Support at: 61.717 🔽 / 59.869 🔽 Resistance at: 63.090 🔼 / 64.576 🔼 🔎 Bias: 🔼 Bullish: Holding above 61.717 could allow buyers to target 63.090, with a break higher opening 64.576. 🔽 Bearish: A clean break below 61.717 exposes 59.869 as the next downside target. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
EASYMARKETS:OILUSD
by SPOT_FX
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 ❤️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:USOILLong
by VasilyTrader
2
US OIL WTI Long Entry 62.46 SL 61.98 TP 63.20 This is a counter-trend setup, the main structure is still bearish. A strong bullish candle close above 62.600 would strengthen the bullish case toward to TP2. If 62.200 fails to hold, expect continuation lower, with next possible demand near 61.500–61.600. Fundamentally, Oil is currently undervalued against the US Dollar index and US Bond. I will expect some value gain. Technically: This is a tactical long setup based on a demand zone bounce with RSI confluence. It’s a short-term play aiming for corrective upside within a broader bearish market. Partial profit-taking at TP1 is recommended, with a chance to extend gains to TP2 if momentum follows through.
BLACKBULL:WTILong
by ChartWithMG
Crude oil review - DAILY - 22/09/2025Oil prices fell on Friday as concerns about abundant supply and weakening demand outweighed optimism from the U.S. Federal Reserve’s first interest-rate cut of the year. OPEC is easing its production cuts, Russian exports remain unaffected by sanctions, and the refinery maintenance season is set to reduce demand further. The Fed lowered rates by 25 basis points in last week’s meeting, with hints of more cuts to come, but experts argued that such small moves won’t lift oil markets given weak fundamentals. Energy agencies have all flagged slowing demand, and a surprise 4 million-barrel build in U.S. distillate stockpiles added pressure to prices. On the technical side, the price of crude oil has declined after finding sufficient resistance on the 50-day moving average and the 61.8% of the weekly Fibonacci retracement level. The Stochastic is still at neutral levels while the moving averages are validating the overall bearish trend in the market. The Bollinger bands are sufficiently expanded, showing that there is volatility to support any short-term spikes. In any case, the price area of $62 is still the major technical support area that the price failed to break below in the past 2 months. Disclaimer: The opinions in this article are personal to the writer and do not reflect those of Exness
TVC:USOIL
by antreas_themistokleous_exness
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.
ICMARKETS:XTIUSDShort
by IC Markets
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
TVC:USOIL
by Energeia_Charta
wti 4hTrading Perspectives for the Upcoming Week In this series of analyses, we have reviewed short-term trading perspectives and outlooks. As can be seen, in each analysis there is a significant support/resistance zone near the current asset price. The market’s reaction to or break of this level will determine the future price trend up to the next specified levels. Important Note: The purpose of these trading perspectives is to examine key price levels and the market’s potential reactions to them. The analyses provided are by no means trading signals!
CFI:WTI
by Deltafx_Broker