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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Trade ideas
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.
USOIL TREND ANALYSISHERE we have USOIL IN 30m TIMEFRAME and ITS in down trend so we have marked all the important areas of this trend. ONCE,the market reaches that marked areas, WE WILL SHIFT TO SMALLER TIMEFRAME AND LOOK FOR TRENDSHIFT AND TAKE TRADE FOR SELL SIDE .
IMPORTANT AREAS
50 PERCENT AREA=(63.22)
75 PERCENT AREA=(63.69)
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
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
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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
USOIL: Market of Buyers
Looking at the chart of USOIL right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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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!
USOIL: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse USOIL together☺️
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 62.657 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.
❤️Sending you lots of Love and Hugs❤️
USOIL My Opinion! BUY!
My dear subscribers,
My technical analysis for USOIL s below:
The price is coiling around a solid key level - 62.35
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 63.12
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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———————————
WISH YOU ALL LUCK
Review the crude oil movement Let’s review the crude oil movement last week. WTI prices declined amid concerns over the U.S. economy and oversupply. Traders are still assessing the Fed’s remarks regarding further interest rate cuts.
In terms of price action, crude oil maintained a volatile downward trend. There was a brief rebound at one point, but the gains were eventually erased, and prices resumed their decline. The downtrend continued through Friday, yet the key support level of 62 remained unbroken. It is expected that crude oil will stage a rebound and go up in the coming week.
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
Oil Market Update📢 NFX TVC:USOIL Market Update
🛢 GBEBROKERS:USOIL
📊 ECONOMICS:USCOI EIA Crude Oil Inventories – Sep 17, 2025
Actual: -9.285M
Forecast: +1.400M
Previous: +3.939M
⚡ Huge bullish surprise – sharp drawdown vs forecast.
📍 Current Price: 64.3
Holding above 200-day SMA
Trading at key resistance, but zone already weakened from repeated tests.
🔀 Implication:
Given the bullish inventory print, I now lean towards Path B → liquidity push above 64.3 toward 65.0 (38.2% Fib level) before any meaningful bearish retracement.
⚠️ Keep in mind: ECONOMICS:USINTR decision still ahead → volatility risk.
USOIL (WTI Crude Oil) Intraday & Swing Outlook🛢️ USOIL (WTI Crude Oil) Forecast – Intraday & Swing Outlook 🚀📉
Asset Class: USOIL (SPOTCRUDE / WTI CASH)
Last Closing Price: $62.796
Date/Time: 20th Sept 2025 – 12:50 AM UTC+4
🔍 Market Context
Crude oil remains in a volatile zone as macro factors like OPEC+ policy, global demand recovery, and geopolitical risks continue to steer momentum. Traders must prepare for short squeezes, traps, and breakout plays this week.
📊 Technical Overview
Chart Theories Applied:
📈 Elliott Waves – corrective Phase B nearing end.
🔄 Wyckoff – signs of re-accumulation spotted.
🔺 Head & Shoulders (Inverse) – potential bullish reversal.
🔮 Gann Angles & Time Cycle – short-term resistance clustering near $64.50.
🛠️ Indicators
🔵 RSI (H1) → Neutral zone (48–52).
📏 VWAP Anchored → $62.20 (support pivot).
📉 EMA 20 / EMA 50 → Bullish cross on H4 confirmed.
🎯 Bollinger Bands → Expansion phase → Expect high volatility.
🕒 Timeframe Strategies
📌 Intraday (5M / 15M / 1H / 4H)
Buy Entry (Scalp): $62.20 – $62.50 🟢
TP1: $63.20 🎯
TP2: $63.85 🎯
SL: $61.80 ❌
Sell Entry (Scalp): $63.80 – $64.20 🔴
TP1: $63.00 🎯
TP2: $62.40 🎯
SL: $64.70 ❌
📌 Swing (Daily / Weekly)
Buy Zone: $61.50 – $62.00 🟢
Targets: $65.20 / $67.40 / $70.00 🎯
Stop Loss: $60.50 ❌
Sell Zone (Rejection): $67.40 – $68.00 🔴
Targets: $64.50 / $62.20 🎯
Stop Loss: $68.80 ❌
⚠️ Risk Management
Volatility expected due to Fed rate guidance & OPEC+ commentary.
Stick to 2–3% capital risk per trade.
Watch for bull/bear traps near breakout zones.
📌 Summary
Intraday: Range $62.20 – $64.20 ⚖️
Swing: Upside bias if $61.50 holds strong 💹
Key Resistance: $64.50 / $67.40
Key Support: $61.50 / $60.50
🔥 Bias: Short-term sideways → Medium-term bullish above $61.50.
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade
USOIL SENDS CLEAR BULLISH SIGNALS|LONG
USOIL SIGNAL
Trade Direction: short
Entry Level: 62.36
Target Level: 63.32
Stop Loss: 61.72
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 4h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CRUDE OIL Rebound Ahead! Buy!
Hello,Traders!
CRUDE OIL has been ranging
For a while now and the
Price is now about to
Retest the horizontal
Support level of 61.50$
From where a local
Bullish correction is
To be expected
Buy!
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