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Crude Oil WTI

Analysis and Layout of Crude Oil at the Opening of the MarketThe international crude oil market has experienced intense fluctuations. Both Brent crude oil and West Texas Intermediate (WTI) crude oil have recorded significant declines, dropping by 8.31% and 7.58% respectively. The expectations of OPEC+ production increase, the trade concerns triggered by Trump, and the market's risk aversion sentiment due to the global economic slowdown have become the key factors dominating the trend of oil prices. The crude oil has corrected and broken below the support line, and there is a high probability that the bearish trend will enter a further acceleration stage. After the initial rise followed by a fall, the demarcation line between the bulls and the bears is around 59.4. If it comes under pressure again, it will indicate the continuation of the future trend. The moving average system is in a bearish arrangement, and it is suppressed by the 30-day moving average. Objectively, the short-term trend direction remains downward. Next week, consider taking short positions around 59.4 and expect further decline.
TVC:USOILShort
by HilaryBloomer
USOIL:Sharing of the Trading Strategy for Next Week This week’s trading wrapped up successfully. Our exclusive VIP trading signals achieved a 90% accuracy rate! Currently, the crude oil market is affected by factors such as the economic data of the United States and the expectations of production increases by OPEC+ and is generally showing weakness, with prices fluctuating. Pay attention to the resistance level at 60 above. If the price fails to effectively break through this resistance level, considering taking a short position with a light position can be an option. Trading Strategy: sell@60-59 TP:57-55 The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them! 👇 👇 👇 Obtain signals👉👉👉
TVC:USOILShort
by PagAugustine
Analysis of the Market Trend for Next WeekThe price of crude oil futures declined on Friday, falling by approximately 1% during the session, giving back the gains brought about by a brief technical rebound. Bearish demand signals continued to dominate traders' sentiment. The price of crude oil is likely to drop by more than 7% this week, which reflects the growing concerns in the market about the weakening of global demand. Traders remain cautious ahead of the crucial OPEC+ meeting scheduled for May 5th. It is expected that some member states will push for an acceleration of production increases before June. There are reports that Saudi Arabia has hinted that it has no intention of supporting oil prices through a new round of production cuts, which has further intensified the downward pressure on oil prices. In terms of demand, the market remains skeptical about potential trade negotiations. The Ministry of Commerce of China stated that it is evaluating the proposal put forward by the United States to resume tariff negotiations. Analysts said that the trade environment remains unstable and fraught with uncertainties. Crude oil showed a trend of rising first and then falling today. At the same time, the oil price correction broke below the support line, and the bearish trend of oil prices is expected to enter a further acceleration stage. After the rise first and then the fall, the demarcation line between the bulls and bears of oil prices is around $59.3. If it is under pressure again, it will indicate the continuation of the future trend.
FX:USOILShort
by HilaryBloomer
USOIL What Next? BUY! My dear followers, I analysed this chart on USOIL and concluded the following: The market is trading on 58.35 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 60.83 Safe Stop Loss - 57.06 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. 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
TVC:USOILLong
by AnabelSignals
4
Summary of the Crude Oil Market This WeekThis week, the crude oil market witnessed a significant decline. Brent crude oil dropped by a cumulative 8.3%, and WTI crude oil fell by 7.5%. Both recorded their largest single-week declines since the end of March.👉👉👉 OPEC+ convened a production meeting ahead of schedule and planned to discuss the production increase plan for June. The market bets that the probability of a production increase is as high as 70%. Previously, OPEC+ unexpectedly announced in April that it would increase daily production by 411,000 barrels starting from May, which is three times the original planned increase. This move aimed to punish member states that had overproduced oil. If production is further increased in June, it will further intensify the supply pressure on the market. Although the geopolitical tensions in the Middle East region have intensified, such as the postponement of the fourth round of nuclear negotiations between the United States and Iran, which has, to a certain extent, provided support for oil prices, judging from the overall market situation this week, this supporting effect has failed to offset the impact of increased supply and decreased demand. Overall, this week, under the intertwined influence of factors such as increased supply, uncertain demand prospects, and changes in the geopolitical situation, the crude oil market showed a significant downward trend. The market's expectations for crude oil prices are rather pessimistic, and it is expected that crude oil prices will still face certain downward pressure in the coming period. However, if OPEC+ changes its production increase plan, or if there is an unexpected improvement in the global economy, crude oil prices may rebound.
TVC:USOILShort
by Trading_Grorge
The decisive day of major data (USOIL) Yesterday, it was pointed out in the analysis circle: The support of 58 needs to be tested. Sure enough, buying at low levels continued to expand profits. The current price is 59.6. From the pressure analysis, the market is still affected by data that oversupply, and institutions will not reduce production in a short time. Therefore, oil prices will fall further, The oil price broke through 59. Due to supply reasons, the market still has a downward range. 60-61 is a good choice to sell in succession. tp58-57
TVC:USOILShort
by Band_analysis
WTI TRADE UPDATEhi all Based on the current situation for WTI, with the stop loss hit from the previous trade idea, Plan A now relies on a breakout of the trendline and the support turning into resistance as confirmation for taking a long position. However, if rejection occurs at the trendline or at the support-turned-resistance level, there's a possibility that the price will decline again, given that a breakout has already happened on the daily timeframe. Therefore, closely monitoring price movements around these key levels is crucial before making any trading decisions. Ensure strong confirmation before acting, and keep an eye on shifts in market structure. Feel free to share any new updates, and best of luck with your strategy! good luck all **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support
TVC:USOILLong
by mytw0cents
2
WTI Oil H4 | Pullback resistance at 50% Fibonacci retracementWTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 60.49 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement. Stop loss is at 62.30 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at 56.68 which is a multi-swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:USOILShort
by Tradu
USOIL CAUTION! BREAK - TEST - GO!This is my new updated chart of Oil. Trump's "Drill baby Drill" interfering with the free market is the absolute worst thing he could do. His ridiculous tariffs will put us in an economic depression! Oil prices are driven by demand! As I have mentioned here on TV so many times before! Increasing supply while heading into a recession is the dumbest thing possible! You never want to consume your own oil when you can consume others first! Simultaneously, F your own nation's oil company's profit margins and gov tax revenue! This is why we shouldn't put toddlers as POTUS! Anyway!!! This is a break test go! setup! If you haven't seen it before, here is an example I recently posted with AAPL. Click Boost, follow, subscribe! Let's get to 5,000 followers so I can help them navigate these crazy markets too. ))
TVC:USOILShort
by RealMacro
2
USOIL trading alerts. Pressure and support.Oil also fell according to instructions. I just forgot to remind you. Sorry, but the profit is quite good. Sell short from 58.7. Then the lowest reached 56.34 But today in the New York market, USOIL rose again above 58. From a fundamental perspective. The market will continue to fall under pressure. But from the trend, we need to pay attention to the support of 58. If it does not fall today, it is likely to continue to fall based on Friday's trend. The pressure level near 59 needs to be paid attention to. In terms of operation, it is still mainly selling at high levels. Always remind trading risks. So don't ignore this. If you don't know how to trade. Remember to wait and see. Don't trade blindly or gamble. Many investor friends know that I have led some investors to create good profits for several consecutive days. If you don't know how to trade, remember to leave me a message and try it. Maybe your profit will double.
TVC:USOIL
by Band_analysis
BTCUSD Short Setup Rejection from Major Resistance Targeting 89kThis BTC/USD chart shows a clear sell bias as the price repeatedly fails to break above a major resistance zone marked near the $95,500 level. Multiple rejections (highlighted with red arrows) indicate strong selling pressure. The suggested path shows a potential drop toward the 1st target around $91,530, and if momentum continues, further decline toward the 2nd target near $89,000, which aligns with a broader support zone. Entry Zone: Between $94,800 – $95,300 (inside the major resistance zone) Stop-Loss (SL): Just above the resistance zone, around Take Profit Levels (TPs): TP1: $93,200 – First minor support zone (lock partial profits, move SL to entry) TP2: $91,500 – Key horizontal support (major reaction zone, good for larger partials) TP3: $89,200 – Close to the lower support zone (final target for full exit) This setup offers a solid Risk-Reward Ratio of approximately 1:2.5 to 1:3, depending on exact entry.
BITSTAMP:BTCUSDShort
by ChartWizard_1
2
Short on Oil/Back to 57$ SOONI believe we can continue the retest of previous major support level at 65-66$ and fibonacci 0.618. This major support will be flipped to resistance in my opinion. We can see a significant sell-off back towards the 57$ area and below from this location. I will be looking to enter a short trade from the 0.618 region/66$ if there is a rejection. My mid-term/end-of-year prediction for US OIL is between 45-50$ and possibly lower. If you believe in the fundamentals and idea of this setup, feel free to follow and use it. Not financial advice.
TVC:USOILShort
by SuperiorJG
1
Planning for the Next Trade in Crude OilNYMEX:CL1! Key Levels – Higher Timeframe: • 2025 High: 78.56 • Yearly Open (2025): 69.64 • 2025 mCVPOC: 71.83 • Yearly VWAP: 68.41 • AVWAP from Yearly Highs: 67.71 • 2025 mCVAL: 65.28 • March 2025 Low: 64.37 • 2024 Low: 59.91 April 2025 Key Levels: • April mCVAL: 58.79 • April mCVPOC: 60.94 • April AVWAP from Lows: 61.29 • April AVWAP from Highs: 61.76 • April mCVAH: 63.73 Our previous trade idea played out as expected. With updated levels now in place, we aim to reassess the market context without falling into recency or confirmation bias. These biases often lead to an overly bearish outlook at market lows, especially amid ongoing headlines around trade war tensions and supply concerns. While such fundamentals are important, maintaining objectivity is key. This leads us to the central question: Is all this bearish sentiment already priced in? If so, why are sellers still dominant? From a broader perspective, the overall context for crude remains bearish. However, this does not imply an immediate continuation to lower prices. Currently, price is trading below both the midpoint of 2025 and that of 2024. Additionally, the recent price swing failed at the March 2025 low—an important technical rejection. The 2024 low at 59.91 now serves as key structural support. We anticipate further consolidation within the April 2025 value range, specifically between mCVAH (63.73) and mCVAL (58.79). We define the area between April’s mCVPOC (60.94) and AVWAPs (61.29 / 61.76) as a "noise zone"—a region where price action is likely to be choppy and directionless. This zone is not favorable for directional trades. Potential Trade Setup – Range-Bound Play Example Trade 1: Long Crude Oil • Entry: 59.91 • Stop: 59.20 • Target: 61.76 • Risk: 71 ticks • Reward: 185 ticks • Risk/Reward Ratio: 2.6R Example Trade 2: Long Crude Oil • Entry: 58.80 • Stop: 58.20 • Target: 61.76 • Risk: 60 ticks • Reward: 296 ticks • Risk/Reward Ratio: 4.93 R Important Notes: • These are example trade ideas and not financial advice or recommendations. • Traders should conduct independent analysis and ensure proper risk management. • Stop-loss orders are not guaranteed; slippage may occur, resulting in losses beyond predefined levels. • AVWAP levels are accurate at the time of posting, they may vary as indicator further calculates prices with new volume and price information. Glossary Index for all technical terms used: ATH: All time high VPOC: Volume Point of Control VAL: Value Area Low VAH: Value Area High VP: Volume Profile AVP: Anchored Volume Profile C: Composite (prefix before VAL, VAH, VPOC, VP, AVP) mC: micro-Composite (prefix before VAL, VAH, VPOC, VP, AVP) AVWAP: Anchored Volume Weighted Average Price Green Zones: Bull/ Buyers support zones Red Zones: Bear/Seller resistance zones
NYMEX:CL1!Long
by EdgeClear