Crude Oil WTI
USOILUSOIL price is now testing the support zone of 64.72-63.88. If the price cannot break through the 63.88 level, it is expected that the price will rebound. Consider buying in the red zone.
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CRUDE OIL Bullish Bias! Buy!
Hello,Traders!
CRUDE OIL keeps falling down
And the price will soon hit
A horizontal support of 64.00$
From where we will be
Expecting a local bullish rebound
Buy!
Comment and subscribe to help us grow!
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.
XBRUSD Robbery Setup: Thief's Bear Trap is Active! 🔥💰BRENT BEARISH HEIST PLAN💰🔥
🎯 Asset: XBRUSD / UK Oil Spot / BRENT
🧠 Strategy: Layered Limit Orders | Bearish Robbery in Progress
💼💣💼
Yo Money Movers & Market Jackers!
It’s time to load up the truck and roll out — the BRENT vault is cracked open and dripping with bearish loot! 🐻💵🔓
🎩 This isn’t just trading — this is Thief Trading Style™.
We don’t chase candles. We layer the loot, wait in the shadows, and strike on the pullback. No mercy. Just money. 💸🕶️
🚨 THIEF'S TRADE SETUP 🚨
🕵️ Entry Point:
Any Price Level – we’re everywhere.
Place layered Sell Limits like tripwires on the chart 🎯💣 — 15m or 30m candle nearest swing highs. The trap is set.
🛑 Stop Loss:
🔒 Locked @ 69.50 — right above resistance
This is a tactical retreat, not a failure. Every heist needs an escape route. 📉🔁
🎯 Target Zone:
💥 Aim for 67.00 — smash and grab style.
Get in, take profit, disappear into the shadows.
🧠 WHY THE HEIST?
The BRENT market looks ready for a rug pull —
🧊 Demand slowing
📉 Bearish structure unfolding
🎭 Bull traps getting exposed
🔥 Perfect time for thieves to cash out while the herd dreams green
Before pulling the trigger, check:
📰 Fundamentals 📦 Inventory Data 🧭 Intermarket Analysis 📊 COT Reports
Do your homework — then rob it like a professional. 🧠💼🔎
⚠️ MISSION WARNING ⚠️
Avoid new trades during news drops!
Use trailing SLs to protect loot. This market doesn’t play fair — but we don’t either. 🛑📰📉
💥 Hit BOOST if you're riding with the robbers!
Let’s show this market how Thief Traders steal gains like legends.
Every like = one more gold bar in the van 💰🚚💨
Stay sharp. Stay shadowed.
See you on the next job. 🐱👤💸📉
🔗 #Brent #XBRUSD #UKOil #ThiefTrader #BearishSetup #EnergyMarket #LayeringStrategy #MarketRobbery #SellThePump #RobTheChart
WTI: Oil Markets on Edge Despite Trump Considering Major TariffsOil prices could drop if Trump backs down on tariffs on countries buying Russian oil, but short-term bullish catalysts, like geopolitical tensions and bullish speculative bets, may still push prices up before longer-term headwinds take hold.
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Trump’s threats of steep tariffs on countries buying Russian oil have sent oil prices surging, as traders fear a global supply crunch if Russian barrels are cut off.
But here’s the twist: Trump has a history of backing down or delaying tariffs after using them as leverage. When he does, oil prices usually fall, as the immediate risk of supply disruption fades.
If he caves in again by the deadline, which is 10 to 12 days from 4 August, or extends it, oil prices could drop. The bigger picture also appears bearish: OPEC+ is ramping up supply, global demand is slowing and expected to drop in H2, and inventories are rising (first glimpse by EIA, Wed).
But with the deadline falling around 14–16 August, 2025, short-term bullish catalysts could spark a rally up to the 38.2%-61.8 % Fibonacci retracement levels, positioning WTI better for declines (conditional on Trump!).
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XBR/USD Chart Analysis: Oil Price Declines Towards Key SupportXBR/USD Chart Analysis: Oil Price Declines Towards Key Support
As the XBR/USD chart shows, Brent crude oil has made two significant moves recently:
Last week’s price increase (A) followed President Donald Trump’s intentions to impose tariffs on India due to its purchases of Russian oil. This could have disrupted established oil supply chains.
The price decline (B) may have been driven by both the decision of OPEC+ countries to increase production and reports of a weakening US labour market.
Thus, there is reason to believe that the more than 4.5% decline in Brent crude oil prices since the beginning of August reflects market participants’ scepticism about sustained high oil prices:
→ this has a negative impact on the US economy (JP Morgan analysts raised concerns about recession risks this week);
→ increased activity from oil producers may offset supply chain disruption risks.
Technical Analysis of the XBR/USD Chart
From a technical analysis perspective, Brent crude oil has dropped to a key support level (marked in blue), which was previously active in July. A rebound from this line could happen – in such a case, the price might face resistance at the Fair Value Gap area (marked in orange), formed between:
→ $70.81 – a support level active in late July, which was broken;
→ the psychological level of $70.00.
Attention should also be paid to price behaviour around the $69.00 level (indicated by arrows) – it quickly switched roles from support to resistance, indicating aggressive bearish sentiment. Given this observation, a potential bearish breakout attempt below the blue support line cannot be ruled out.
However, whether this scenario materialises will largely depend on developments in geopolitical risks and tariff agreements.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Crude Oil: Equilibrium, Key Levels & Trade ScenariosNYMEX:CL1! NYMEX:MCL1!
Market Recap
In our prior crude oil commentary, we identified a bullish flag formation with key support anchored at the Q3 micro composite Value Area Low. Following a measured pullback, prices decisively reclaimed the Q3 micro composite Value Area High, subsequently advancing toward the $70 level. However, this upward momentum proved unsustainable, with prices unable to maintain higher ground. We have since retraced to the yearly open, where the market is now consolidating.
Current Market Structure
Crude oil is presently exhibiting a balanced profile. Notably, the composite Volume Points of Control (VPOC) for both the yearly and quarterly profiles are overlapping — a technical signal indicative of equilibrium in positioning.
Market Performance Assessment
Price action in recent sessions has been heavily influenced by shifts in the global demand outlook, which in turn remain sensitive to macroeconomic expectations, geopolitical events, and OPEC+ V8 members’ gradual unwinding of voluntary production cuts. Despite the prevailing headwinds — including tariff disputes, Russian sanctions, and broader trade tensions — crude oil has demonstrated resilience, consistently trading above the $65 threshold.
Forward Outlook
Attention will turn to today’s EIA release at 9:30 a.m. CT, which may serve as the primary catalyst for near-term directional bias.
Key Technical Levels
• Q3 mCVAH: 67.28
• Neutral Zone: 66.45 – 66.30
• Yearly Open: 66.34
• Intermediate Support: 65.80
• CVPOC / mCVPOC: 65.54
• Q3 mCVAL: 64.95
• Support Zone: 65.00 – 64.80
Trading Scenarios
• Scenario 1 — Yearly Open Rejection
Monitor the Yearly Open (66.34) as an initial resistance level. A rejection here could prompt a tactical pullback toward the Line in the Sand (LIS), offering long entry opportunities with a target above the yearly open.
• Scenario 2 — DOE-Driven Flush & Recovery
Should the DOE data trigger a downside push, watch for a swing failure at recent lows. A close back above prior levels would present a potential long setup, with conviction increasing on sustained price action above 65.80.
WTI Under Attack – Rob the Market with This Bear Setup🛢️💣 WTI Oil Short Raid: Bearish Heist Activated! 💣🛢️
📉 Thief Trader’s Limit-Layered Attack Plan 🔐
💥 Attention Market Robbers & Chart Breakers! 💥
We're about to break into the XTIUSD / US Oil Spot vault — Bearish style.
🚨 The Setup:
This ain’t your average breakout — we’re talking high-precision, multi-layered entries on a downside raid.
🧠 Thief Trader Strategy: Drop limit orders at key zones like trip wires. Let price walk into your trap.
🎯 Plan:
🧱 Entry: Any level after MA resistance confirmation.
Layer multiple limit orders — DCA-style — after trend shows weakness.
🛑 Stop Loss: 66.300 🔒
Protect your vault. Place SL just above major 4H rejection zone.
🎯 Target: 60.000 💰
Profit at exhaustion level. This is where bulls cry, and we cash out.
🧠 Robbery Logic Backed By:
COT Data 📊
Crude Oil Inventories 🛢️
Macro + Sentiment Flows 🌐
Technical MA Break + Retest Patterns 🎯
🔥 Why this isn’t a random short?
Because thieves do research — not guesswork.
Bulls have overextended. Oil’s price is reacting to strong supply pressure and weakening demand outlook.
⚠️ Risk Note:
No entry without trend confirmation.
No blind shots — place alerts and wait for the setup.
This is a sniper job, not a shotgun spray.
💬 Join the Robbery Crew
Smash that ❤️ & Boost if you're riding with the thieves!
Drop your charts, entries, or sniper shots in the comments 💬
We rob together. We win together.
🔔 Follow for more heist plans – next market break-in coming soon.
💰 Rob Smart. Trade Sharp. Exit Clean. 🏴☠️
BUY USOILI'm sharing with you our trade today on OIL.
The reason we're buying is because yesterday the market grabbed the LQ now it is reversing to climb higher to fill all of the FVG we got in the previous movement.
For a safe entry, wait for the price to come back to our entry poin at 65.800 since I myself am waiting for the price to come to our entry point.
Follow for more!
Hellena | Oil (4H): SHORT to support area of 65.944.Colleagues, I previously recommended moving trades to break-even, and for good reason. It is always necessary to hedge and reduce losses—this is part of professional work.
(Breakeven=Risk Free: Move Stop loss to the entry level).
The price has nevertheless shown a stronger correction, and I now believe that the medium-term “ABC” waves have not yet formed, nor has the large “Y” wave.
This means that I expect the completion of wave “B” and then a continuation of the downward movement in wave “C.”
I consider the support area of 65.944 to be the minimum target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
USOIL BULLISH BIAS RIGHT NOW| LONG
USOIL SIGNAL
Trade Direction: long
Entry Level: 66.22
Target Level: 69.94
Stop Loss: 63.73
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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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USOIL drops on rising supply and demand concernsUSOIL drops on rising supply and demand concerns
Oil prices fell Tuesday as OPEC+ planned a 547,000 bpd output increase for September, overshadowing potential Russian oil supply constraints from U.S. policies. Brent and WTI crude dropped to their lowest in a week, marking a fourth consecutive decline. OPEC+’s reversal of 2.5 million bpd cuts, combined with weak demand outlooks due to U.S. recession risks and China’s lack of new stimulus, pressured prices. Trump’s threatened 100% tariffs on Russian crude buyers like India, which imports 1.75 million bpd, heightened trade tensions but failed to lift oil prices. Analysts warn U.S. tariffs could further weaken global growth and fuel demand.
USOIL shows some in-moment strength on RSI on 1-h chart, the price may rebound towards sma200 at 6,700.00. However, in long-term perspective, low oil price is expected. Eventually, the price may decline towards level of 6,000.00.
WTI Crude Oil – Range Support in FocusWe're waiting for price to reach the bottom of the range, and with a solid buy signal, we’ll consider going long.
However, since this level has been tested multiple times, it’s highly vulnerable to stop fishing — so caution is key.
As always, we’re ready for all scenarios:
If price breaks below, we’ll wait for a pullback to enter short.
But right now, we’re watching the range support for potential longs
Crude Oil Resumes Its WeaknessCrude oil rised and then fell sharply from above 78 dollars back in June, after tensions in the Middle East. The drop unfolded as an impulse into wave A, so even if this is just a counter-trend move down from 78, it still appears incomplete. After we recently spotted a corrective rally in wave B that nicely stopped at projected $70 resistance near 61,8% Fibo. retracement, we can now see it resuming lower within projected wave C towards 60-59 area at least, if not even lower.
OUR TRADE FOR THE DAYEarly today, I posted that we'll be waiting for the market to give us an entry after grabbing the liquidity, we did have it and caught it.
I didn't share it since it was given to my students.
As you can see on the chart, the market gave us a FVG after that it did grab the liquidity which we entered based on to target again the LQ level to close with a good margin.
Follow for more!
WTI(20250806)Today's AnalysisMarket News:
The US non-manufacturing PMI fell to 50.1 in July from 50.8 in June, below the expected 51.5. The ISM New Orders Index fell to 50.3 in July from 51.3 in June, with export orders contracting for the fourth time in five months.
Technical Analysis:
Today's Buy/Sell Levels:
64.90
Support and Resistance Levels:
66.21
65.72
65.40
64.40
64.08
63.59
Trading Strategy:
On a break above 64.90, consider a buy entry, with the first target at 65.40. On a break below 64.40, consider a sell entry, with the first target at 64.08
Crude Oil Bouncing from Demand Zone – Eyes on UpsideThis is the daily chart of Crudeoil!
CRUDEOIL1! having a good law of polarity (support)near at 5550-5600 range.
CRUDEOIL1! is taking support on RSI and sustain above 45 level.
If this level is sustain then we may see higher prices in CRUDEOIL1!.
Thank You !!
WTI quick update. Will we see that 65-dollar break?After OPEC+ meeting, where a promise was made to increase production in September, WTI continues to slide. Let's dig in.
MARKETSCOM:OIL
TVC:USOIL
Let us know what you think in the comments below.
Thank you.
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