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, otherwise there will be a full-fledged break of the structure.
In connection with the above, I think that the price is already completing the downward movement and I expect the resumption of the upward movement at least to the area of the maximum of wave “A” - 62.990.
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Trade ideas
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 likely that Oil has found strong bullish momentum again near the 57.40 support area and is probably preparing to move higher as shown in the chart.
KeyTargets:
58.70
59.50
You may find more details in the chart!
Thank you and Good Luck!
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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
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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 remains valid.
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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 forming with support near $59.80 on the hourly chart of XTI/USD.
WTI Crude Oil Price Technical Analysis
On the hourly chart of WTI Crude Oil, the price started a decent increase from $58.00 against the US Dollar. The price gained bullish momentum after it broke $59.00.
There was a sustained upward movement above $59.50 and $60.00. The bulls pushed the price above the 50-hour simple moving average, and the RSI climbed toward 70. A high was formed near $60.75 before there was a minor pullback.
The price declined toward the 23.6% Fib retracement level of the upward move from the $58.11 swing low to the $60.75 high. However, the bulls are active above $60.00. There is also a key bullish trend line forming with support near $59.80.
Immediate resistance is near $60.75 level. If the price climbs further, it could face hurdles near $61.50. The next major stop for the bulls might be $62.20. Any more gain might send the price toward $63.50.
Conversely, the price might correct gains and retest the 50-hour simple moving average or the trend line. The next area of interest on the WTI crude oil chart is near the 61.8% Fib retracement at $59.10. If there is a downside break, the price might decline to $58.10. Any more losses may perhaps open the doors for a move toward $56.50.
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Oil Upd:Price at Resistance–But the Real Story Is in OptionFlowRight now, price has reached the upper boundary of the 1σ Expected Range (ER).
A pause or rejection here is possible.
But that’s not the main story.
Bears are getting active in the options market.
First sign: A significant Put Condor has appeared — large enough to stand out.
Target range: $55–$57
Timeframe: 20 days to expiry
📌 For those still learning:
A Condor profits most when price stays within a tight range at expiry.
Second wave of bearish positioning:
Additional players are placing Put Spreads targeting $54–$55, but with a much shorter horizon — 5–7 days.
This shows a layered approach:
Short and mid- term pressure expected
🧠 Bottom Line:
I’m not jumping into shorts right now — and I wouldn’t advise it blindly.
But given this growing bearish sentiment, it’s smart to start looking for short setups
Sentiment is building.
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, this is the aftermath of the March 2022 market Top, made as a direct result of the Ukraine - Russia war. On a 17-year horizon, that was the 2nd Lower High of the multi-year Channel Down that WTI has been trading in since the July 2008 Top of the Housing Crisis.
As you can see, there is a high degree of symmetry on this pattern with Lower Lows in particular (market bottoms) getting formed around every 5-6 years. The use of the Time Cycles can fairly accurately project this. The next one is estimated to be towards the end of 2026, which matches perfectly the projected Bear Cycle bottom on the stock markets.
Based on this model, we may very well see WTI drop to as low as $30.00. A fairly solid bottom buy indicator would be when (if) the 1M RSI breaks below its 30.00 (oversold) barrier.
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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 could also be favorable with proper risk management.
Entry zone between 57.5-58.3 for a buy position. Target at 62.45 near resistance.🎯 Set a stop loss at 56.335 , offering a risk-reward ratio greater than 1:2 . 📊 Watch for confirmation with a bullish close above entry and rising volume, capitalizing on oil's volatility.🌟
Fundamentally , WTI crude has fallen to around $58.13 per barrel as of November 21, 2025, amid supply outpacing demand, but recent breakouts above $60.7 signal near-term positivity despite forecasts of further drops to $53.50-$45.00 due to OPEC+ hikes and record US output. 💡
📝 Trade Setup
🎯 Entry Zone (Long): 57.5 – 58.3
🎯 Target (TP1): 62.45
❌ Stop Loss: 56.335
⚖️ Risk-to-Reward: Greater than 1:2, offering a clean upside swing with defined invalidation.
What's your take on this setup? Drop your thoughts below! 👇
WTI OIL Short-term relief rebound before a Lower Low?WTI Oil (USOIL) has been trading within a 1-month Channel Down and has just completed its strongest Bearish Leg (-5.91%). All previous three Bearish Legs eventually bottomed and rebounded into the new Bullish Legs towards the Sell Zone consisting of the 4H MA200 (orange trend-line) - 1D MA50 (red trend-line) range to form a new Lower High.
In 2 out of those 3 cases, it even exceeded the 0.618 Fibonacci retracement level. As a result, we expect a short-term rise now to subsequently be sold towards the -0.236 Fibonacci extension. Our medium-term Target remains 56.500.
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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 market.
Goal - 58.98
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
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 once again. Prices have broken below the lows of the past two days, thus triggering some stops. From here $58.00 could be the next stop, below which there is nothing significant in terms of support until $55.00.
By Fawad Razaqzada, market analyst with FOREX.com
USOIL : Full analysisHello friends
Well, you see that we have a descending channel in which the price is moving, and considering that the price reached the ceiling of the channel, we had a Sharpe decline, and now it seems that the sellers want to break the channel, and the first support identified could be the buyers' stronghold, where we need to see if they support the price or not.
If they support, there is a significant resistance in their way. This area is full of sell orders and can naturally correct the price. In this regard, breaking this resistance is very important and vital for price growth.
Now what if the buyers cannot support the price in the support area and the price falls further?
Well, we need to find areas again for a sell trade because if the descending channel is broken, the fall will be heavier and it is better to move with the trend.
This analysis is purely technical and is not a buy or sell recommendation.
*Trade safely with us*
CRUDE OIL (WTI): Bullish Move After Trap
There is a high chance that Crude Oil will pull back
from the underlined daily key level.
I see a confirmed bear trap followed by a bullish imbalance
candle on an hourly.
I expect a rise at least to 58.51 level.
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USOIL Breakout Confirmed—Is the Uptrend Ready to Extend?📈 WTI CRUDE OIL (USOIL) – SWING TRADE SETUP | VWMA BREAKOUT CONFIRMED 🛢️⚡
🎯 TRADE OVERVIEW
Asset: WTI Crude Oil (USOIL) – Energies Market
Trade Type: Swing Trade (Multi-Day Position)
Bias: 🟢 BULLISH – Volume Weighted Moving Average (VWMA) breakout confirmed near $61.00
📊 TRADE PLAN
🔹 Entry Strategy: "Thief Layering Method"
Primary Entry Zone: Post-VWMA breakout above $61.00
Layered Limit Orders (Multiple Entry Points):
🟦 Layer 1: $59.00
🟦 Layer 2: $59.50
🟦 Layer 3: $60.00
🟦 Layer 4: $60.50
Note: You can add more layers based on your capital allocation and risk tolerance. This strategy allows averaging into the position as price pulls back.
🛑 Stop Loss Management
Thief's SL: $58.00
⚠️ IMPORTANT: Dear Ladies & Gentlemen (Thief OG's),
This is MY stop loss level. Adjust YOUR stop loss based on YOUR strategy and risk management plan. I do not recommend blindly following my SL – manage your own risk and capital accordingly.
🎯 Take Profit Target
Primary Target: $64.00
Technical Reasoning:
SuperTrend ATR line acts as strong dynamic resistance
Potential overbought zone + bull trap risk
Escape with profits before reversal pressure
⚠️ IMPORTANT: Dear Ladies & Gentlemen (Thief OG's),
This is MY take profit target. Take YOUR money at YOUR own risk. You are responsible for your profit-taking strategy – trail stops, scale out, or exit fully based on YOUR trading plan.
🔗 CORRELATED PAIRS TO WATCH (USD-Denominated)
Monitor these related assets for confirmation and risk assessment:
🛢️ Energy Sector:
Brent Crude Oil (UKOIL) – Typically trades $2-5 above WTI; if Brent is bullish, WTI usually follows
Natural Gas (NATGAS) – Energy sector sentiment indicator
💵 Currency Pairs:
USD/CAD – Inverse correlation to oil (CAD = petro-currency). If oil rises, USD/CAD typically falls
DXY (US Dollar Index) – Strong dollar = bearish pressure on oil. Watch for weakness in DXY to support oil rally
📈 Equity Markets:
Energy Sector ETFs (XLE) – Tracks US energy stocks; bullish XLE confirms oil sector strength
S&P 500 (SPX) – Risk-on sentiment supports commodity prices
⚡ Key Correlation Points:
Oil ↑ + USD/CAD ↓ = Strong bullish confirmation
Oil ↑ + DXY ↓ = Supportive macro environment
Oil ↑ + XLE ↑ = Energy sector momentum aligned
💬 Engagement Call-to-Action
👍 If you found this analysis helpful, smash that LIKE button!
💬 Drop your thoughts in the comments – are you bullish or bearish on oil?
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USOIL Is Very Bearish! Sell!
Please, check our technical outlook for USOIL.
Time Frame: 15m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 57.983.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 57.471 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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CRUDE OIL Will Fall! Sell!
Hello,Traders!
USOIL is reacting inside the horizontal supply after a liquidity sweep, showing early bearish displacement. If rejection holds, price may continue lower toward the sell-side liquidity at the marked target zone.Time Frame 2H.
Sell!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USOIL:LIVE TRADEHello friends
you can see that we had a decline and the sellers were in power until the support was determined with Fibonacci, where buyers entered and were able to support the price.
Now, with Fibonacci, we have determined a resistance area for buyers that can move up to there, but considering the main trend, which is negative, the price increase is an opportunity for a sell trade.
Don't forget risk and capital management.
*Trade safely with us*
Temporary Long .. Would have thought this is the bottom but it is hard to decide these things. There seems to be a little support at $57.4,
The only pattern i see it oil getting rejected at the 50mma (green line), so any up move might stop at that line. Will wait for price action this week to see if it still is in this downward channel.
Oil – Geopolitical Engine Ready to Fuel a Surge to $100My view: I believe that oil is one of the best investments for the upcoming years. There is a strong bullish potential, with targets up to $100 a barrel, based on geopolitical and fundamental factors
Geopolitical Risk
There is a real risk of conflict between the U.S. (with Trump) and key oil-producing nations such as Venezuela. Any intervention or sanction could generate a geopolitical risk premium in the oil market.
Saudi Arabia, a central OPEC+ member, may manipulate production to maintain high oil prices. Riyadh’s strategy could be driven by its need to fund its major development projects, especially under its Vision 2030 roadmap.
OPEC+ members have made varied production decisions: while some increase supply, heavier-weight countries like Saudi Arabia restrict production to defend prices.
Saudi Arabia is diversifying its economy, but petroleum remains a cornerstone to finance its transformation agenda.
To support its budget and future mega-projects, Riyadh may aim to keep oil prices elevated, which supports a long-term bullish case.
My target: $100/barrel in a scenario where geopolitical risks intensify or remain structurally elevated.
I believe investing in oil now has strong upside potential: the market may not yet fully price in all geopolitical threats or Saudi strategy.
Of course, risk scenarios must be considered (demand drop, energy transition), but from my perspective, the bull case is very credible.
Supply sideThe situation of excess has become a definite trend, with weak supporting force
- OPEC + increased production, coupled with the conclusion of supply surplus, Securities Times e-Company: The OPEC report in November changed the global oil situation from healthy to surplus. Currently, the world's oil production exceeds demand by 500,000 barrels per day, while a month ago it was estimated to be a shortage of 400,000 barrels. Although OPEC + decided to suspend production increase in the first quarter of 2026, it will still increase production by 137,000 barrels per day in December, and the continuous rounds of production increase in the past have continuously accumulated market supply pressure. At the same time, the compensation for production cuts by some oil-producing countries can slightly offset the impact of production increase, but it is difficult to change the overall surplus situation.
- Non-OPEC oil-producing countries have high production: The U.S. crude oil production remains at a high level, with the production reaching 13.862 million barrels per day in the week of November 7th. Although it has slightly declined later, it still remains at a historical high level. EIA also raised the 2026 U.S. crude oil production by 200,000 barrels per day to 13.5 million barrels per day. Its continuous production increase further intensifies the expectation of global supply surplus.
Next week's crude oil strategy analysis
sell:58-58.5
tp:57.5-57
sl:59.5






















