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West Texas Intermediate Crude Oil cashWest Texas Intermediate Crude Oil cashWest Texas Intermediate Crude Oil cash

West Texas Intermediate Crude Oil cash

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WTI trade ideas

4 Possible Scenarios for USOIL (WTI Crude Oil, H1) I SEP/24/2025Scenario 1: Price Rejects Supply Zone (63.80 – 63.94) The Supply Zone at 63.80–63.94 has acted as a strong resistance. If price fails to break above this zone, a short-term pullback is likely. Nearest target: POC zone at 63.05. If this level is broken, price could move further down to the Liquidity Zone at 62.36. 👉 This is a short-term bearish scenario. Scenario 2: Price Breaks Supply Zone and Moves Higher If price breaks out and closes an H1 candle above 63.94, the short-term bullish trend will be confirmed. The Supply Zone will then flip into a support area. Next potential target: 64.50 – 65.00. 👉 This is a strong bullish scenario, but confirmation is required. Scenario 3: Price Pulls Back to POC Zone (63.05) and Bounces The POC zone (Point of Control) at 63.05 is a key volume balance level. If price retraces here and strong buying pressure appears, a bounce back toward the Supply Zone (63.80–63.94) is likely. 👉 This is a sideway-accumulation then bullish scenario. Scenario 4: Price Drops Deep into Demand Zone (61.76) If strong selling pressure breaks through the Liquidity Zone (62.36), price may fall deeper to the Demand Zone at 61.76. This is a key demand level where a short-term bottom could form, followed by a strong rebound. 👉 This is a deep bearish then recovery scenario. Disclaimer: This analysis is for informational and educational purposes only, not financial advice. Please manage your own risk before making any trading decisions.
TVC:USOIL
by TraderX_68
WTI crude oil Wave Analysis – 23 September 2025 - WTI crude oil reversed up from the key support level 61.70 - Likely to rise to resistance level 65.00 WTI crude oil recently reversed up from the key support level 61.70 (which has been reversing the price from the start of August) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 61.70 will most likely form the daily Japanese candlesticks reversal pattern Morning Star – if the price closes today near the current levels. Given the strength of the support level 61.70, WTI crude oil can be expected to rise to the next resistance level 65.00 (which stopped earlier waves a, 2 and ii).
FXPRO:XTIUSDLong
by FxProGlobal
WTI key levels in play as oil prices bounceCrude oil is worth close attention. Prices have been consolidating within what appears to be a descending triangle formation — a pattern that typically signals continuation of a downtrend. But today we have seen a nice bounce off the key support area around $62, where prior lows align with the triangle’s base. While intraday wobbles have pierced this level, daily closes have generally respected it, making it the battleground to watch. A clean break beneath $62 would likely open the door for a deeper move towards $60, and potentially $55 if selling momentum gathers pace. On the topside, the picture is equally clear. The area between $63.60 to 65.00, the grey-shaded resistance region, previously a pivot zone, has been a major resistance area in recent trade. The bearish trendline also intersects in this zone. To turn convincingly bullish on oil, we’d need to see a decisive breakout above that cluster of resistance. By Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:USOIL
by FOREXcom
WTI OIL Descending Triangle targeting its top.WTI Oil (USOIL) has been trading within a Descending Triangle and following yesterday's test of its Support Zone, it is rebounding. This Bullish Leg has already touches the 4H MA50 (blue trend-line) and based on the previous one, it should extend to at least the 0.7 Fibonacci retracement level. This gives us a 63.80 Target before the pattern's Lower Highs trend-line is tested. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILLong
by TradingShot
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.
FX:USOIL
by Trader1mran
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 ICmarkets
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