WTI rises above $57.50, continues recovery despite concerns overWest Texas Intermediate (WTI) crude Oil price continues to recover during Asian trading on Tuesday, hovering around $57.60 per barrel after a nearly 2% decline on Monday. However, gains were capped by concerns over rising global supply following an OPEC+ decision to accelerate output increases.
Last week, OPEC+, the Organization of the Petroleum Exporting Countries and its allies, agreed to ramp up production for a second straight month, announcing an additional 411,000 barrels per day (bpd) increase for June. This increase, contributed by eight members including Russia, brings the combined rise for April, May, and June to 960,000 bpd—effectively reversing 44% of the 2.2 million bpd in cuts implemented since 2022, according to Reuters estimates.
Sources within the group told Reuters that OPEC+ could fully reverse its voluntary cuts by the end of October if compliance with output quotas does not improve. Saudi Arabia is reportedly pressuring the group to accelerate the rollback of cuts to penalize Iraq and Kazakhstan for their repeated failure to meet agreed production targets.
Usoilanalysis
Crude Oil's Bearish Trend Continues: Intraday Trading StrategiesDuring the US trading session on Monday, crude oil recovered part of the losses from the sharp decline at the opening of this week. Previously, OPEC+ unexpectedly increased production again, causing crude oil to continue the bearish trend that has been gradually taking shape since March.
Today, the price of crude oil first rose and then fell. After hitting a new low, the upward trend continued, but when it reached around $57.7, it encountered significant resistance. Looking ahead, it is expected that crude oil will experience an oscillation phase first, and then continue its downward trend.
Currently, crude oil is still in a bear - dominated trend. For intraday trading strategies, it is recommended to focus on short - selling on rallies and use buying on dips as a secondary approach. Pay close attention to the resistance range of $57.7 - $58.5 on the upside and the support range of $55.5 - $54.0 on the downside.
USOIL
sell@57.30-57.50
tp:56.50-56.00
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
USOIL:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉
The increase in crude oil production has, in the context of an uncertain demand outlook, sparked concerns about a rise in global supply. After breaking below the 60 mark last week, crude oil continued its downward trend and reached as low as around 55.3. Currently, there is a slight rebound. One can simply find an appropriate position to go short again. Go short on crude oil when it rebounds to around 59.8, and target the price levels of 58 to 57.
Trading Strategy:
sell@59.8-58.5
TP:58-57
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USOIL | 4H | SWING TRADING Good morning, dear friends
Due to high demand, I’ve prepared a USOIL analysis for you. My target level is set at 63.600.
Once my target is reached, I’ll be sharing updates under this post.
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USOIL trading opportunities.After the "OPEC+ continued to increase production" on Monday, USOIL continued to fall to a four-year low near 55. However, it rebounded after opening low on Monday. It continued on Tuesday. Is it no longer able to fall?
Ludvig believes that it will continue to fall. Because the decline is caused by the growth of production capacity. The rise is caused by geopolitical strategic reserve materials. One of these two directly affects the trend of OIL, and the other indirectly.
The trend of economic data API/EAI will continue to be released. If the geopolitical weakening situation, the oil price data released is roughly negative, so it will continue to fall. But if the impact of geopolitics intensifies, this is a positive factor.
So the current trading direction that can be determined is to continue to short.
In terms of trading, traders with large funds can sell at the current price, and those with small funds can wait until the market returns to above 59 to sell.
The band trading center continues to update new real-time trading opportunities. If you don’t know how to trade, or don’t want to miss the next real-time trading opportunity, remember to follow me.
Can it hit the bottom and rebound?Fundamental Analysis: Driven by the trade concerns sparked by Trump and the risk aversion sentiment arising from the global economic slowdown, the trajectory of oil prices has been shaped. Additionally, OPEC+ convened an early meeting on Saturday and confirmed an increase in production of 411,000 barrels per day in June. This decision has indubitably intensified the market's apprehensions regarding the oversupply of crude oil 📉.
Technical Analysis: Technically speaking, the price of crude oil has persistently lingered below the midline of the Bollinger Bands, distinctly indicating that the bearish trend is in the ascendancy 📉. Last week, on the weekly chart, it closed with a substantial bearish candlestick, exhibiting a downward tail pattern, and in the short term, the price has been fluctuating within a trading range 📊. As for the upcoming week's trend, whether the support level established by the previous double doji bottoming formation will be broken through effectively will be the focal point of market attention 👀. Nevertheless, once the price reaches the crucial support level, there exists the potential for a technical rebound. Investors should closely monitor the variations in trading volume and the response of the moving average system 📈.
Market Situation: It is crucial to note that due to the holiday factor in the Asian market next Monday, market liquidity is anticipated to decline significantly. Under such circumstances, the oil price is likely to encounter a higher risk of more pronounced volatility, further escalating the uncertainty of the market situation ⚠️.
⚡⚡⚡ USOIL ⚡⚡⚡
🚀 Buy@56.0 - 57.0
🚀 TP 59.0 - 60.0
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
"US Oil Spot / WTI" Energy Market Heist Plan (Scalping/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US Oil Spot / WTI" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe nearest or swing low or high level for pullback entries.
Stop Loss 🛑:
📍 Thief SL placed at the recent/swing low level Using the 3H timeframe (60.50) Day/Scalping trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 68.70
💰💵💴💸"US Oil Spot / WTI" Energy Market Heist Plan (Day / Scalping Trade) is currently experiencing a bullishness🐂.., driven by several key factors.☝☝☝
📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Seasonal Factors, Intermarket Analysis, Inventory and Storage Analysis, Future trend targets with targets... go ahead to check 👉👉👉🔗🔗
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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"US Oil Spot/ WTI" Energy Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US Oil Spot/ WTI" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk GREEN Zone. It's a Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the Neutral Level breakout then make your move at (59.90) - Bearish profits await!"
however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 (or) 30 minute timeframe most NEAREST (or) SWING low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📌Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (63.00) Day/Scalping trade basis.
📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 57.50
🔥🛢"US Oil Spot/ WTI" Energy Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇
📰🗞️Read the Fundamental, Macro Economics, COT Report, Seasonal Factors, Intermarket Analysis, Inventory and Storage Analysis, Sentimental Outlook, Future trend predict.
Before start the heist plan read it. go ahead to check 👉👉👉🔗🔗🌎🌏🗺
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
USOIL Today's strategyFrom a technical perspective, if USOIL can take advantage of the weakening of the DXY, stabilize and rebound near the current price, and break through the key resistance level, it may be able to form an upward trend. However, if it fails to effectively withstand the impact of the production increase by OPEC+, and breaks below the key support level, the price is likely to decline further.
Currently, it is necessary to closely monitor the competition around the price level of $55. If this level can be held, the probability of a rebound will increase. Once it is broken, the next support level may be around the $53 area. At the same time, continuously tracking the trend of the DXY and the subsequent policy dynamics of OPEC+ is of vital importance for judging the future trend of USOIL.
USOIL
buy@55-56
tp:57.5-58.5
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
USOIL:Sharing of the Latest Trading StrategyThis week’s trading wrapped up successfully. Our exclusive VIP trading signals achieved a 90% accuracy rate!👉👉👉
This week, crude oil prices have consecutively closed with bearish candles and declined. On the 4-hour chart, there are four consecutive bearish candles exerting pressure. On Saturday, the OPEC+ convened a meeting ahead of schedule and confirmed the decision to increase production by 411,000 barrels per day in June, which further intensifies the market's concerns about oversupply. It is recommended that for crude oil trading next Monday, short positions should be mainly taken at the resistance level during rebounds.
Trading Strategy:
sell@59.5-58.5
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👉👉👉
A Preliminary Double Bottom Support Pattern May Be FormingCurrently, factors such as geopolitics, OPEC+ policies, and the trend of the US dollar all have a two-sided impact on USOIL. Only the technical aspect reveals directional signals.
This week, the crude oil price rebounded rapidly after hitting a low of $56. It has formed the embryonic form of a double bottom with the previous low point, and this pattern may become a turning point in the market trend. According to the theory we proposed earlier, "A deep correction breeds a strong rebound," the price of $56 has become a key support level. If the oil price stabilizes at this level next week, the double bottom pattern is expected to be confirmed, which will in turn trigger a technical rebound. Conversely, once this key level is effectively broken, it is likely to trigger a concentrated sell-off of stop-loss orders, intensifying the downward pressure on the price.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Crude Oil Outlook and Trading Tips for Next WeekThe expected production increase by OPEC+, trade concerns triggered by Trump, and the risk aversion sentiment in the global economy dominate the price trend of crude oil. On Saturday, OPEC+ confirmed a production increase of 411,000 barrels per day in June, intensifying concerns about oversupply. Technically, the bearish trend dominates the crude oil market. Due to the low liquidity in the Asian market caused by holidays next Monday, the oil price is likely to fluctuate significantly.
Last week, crude oil continued to decline and closed with a large bearish candlestick on the weekly chart. Next week, the focus is on whether the oil price will break below the previous double-bottom support. In the short term, the oil price has been fluctuating within a range. Currently, it is under pressure and adjusting around $64.88 per barrel, and there are signs of it encountering resistance for the second time around the $60.2 resistance level.
In conclusion, it is highly probable that crude oil will continue to be under pressure. On Monday, it is advisable to mainly consider shorting on rebounds and supplement with going long at low levels. Pay attention to the resistance levels of $59.3 - $60.3 per barrel on the upside and the support levels of $57.7 - $56.3 per barrel on the downside.
USOIL
sell@59.5-59.20
tp:58.00-57.50
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
Oil prices still face systemic downside risks.Although the geopolitical situation in the Middle East (the conflict between Israel and Iran) may support oil prices in the short term, market sentiment is still dominated by supply pressure. Technically, WTI has broken below the key support level of $60. The MACD death cross and the oversold RSI suggest that the bears are in the dominant position, and the next support level is expected to be $54.80. Barclays Bank has lowered its price forecast for Brent crude in 2025 to $66. Weak demand and the expectation of the resumption of shale oil production in the United States further suppress the medium - term trend.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
Trading Strategy:
sell@58.8-59.1
TP:57.6-58.1
USOIL:Adapt to the trendTechnical indicators such as moving averages and MACD have a certain degree of lag. The oil price repeatedly crossing the moving average system highlights the current stalemate between bulls and bears and the volatile and oscillating trend. USOIL is influenced by multiple factors, including geopolitical situations, economic data, and OPEC+ policies. Any sudden change may subvert the price trend, causing a certain deviation in technical analysis signals.
At present, with the trend clearly defined, trading in the direction of the trend is the optimal strategy. In the early trading session, we decisively went long at the price of $57. Currently, we are still holding the position, following the trend closely and waiting for the further expansion of the profit margin.
In the future, we will continue to monitor the market changes and update the trading strategies in real time.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
What adjustments will be made to oil prices?If traders don’t know how to trade, they can refer to the strategy of the Swing Trading Center. Earlier, it was announced to sell at 57.24. The lowest price reached around 56.3, and now the oil price has returned to 57.24. How to trade? If you are also confused, you can refer to the views of the Swing Trading Center.
At present, the supply of oil prices exceeds the demand, and some oil-producing countries will continue to increase the production of oil prices. The market has never recognized that oil will become a slow-selling product. Oil prices can be allowed to fall. But oil is not allowed to have no production capacity. I like this sentence.
Oil prices are expected to be mainly adjusted in the short term. The clear trading instructions have been announced in the Swing Trading Center. Stay tuned. Prevent missing good trading opportunities.
Crude oil, still bearishAs global supply increases and macro risks rise, the price downside range reappears. If tensions in the Middle East escalate further, it may cause market volatility. The original trend of rising first and then falling today, after the downhill new low, the rise continued, and there was pressure at 57.7. It is expected that there will be shocks and then declines. The original trend is still in a bearish trend, so we consider shorting as the main. Pay attention to the 57.7 resistance and 55.5 support.
After a period of fluctuation, it will continue to decline.WTI crude oil has recouped part of the decline from the sharp drop at the start of this week. It was quoted at $57.55 per barrel during intraday trading. OPEC+ has unexpectedly increased production again, and WTI crude oil has continued the bearish trend that has gradually taken shape since March. With the increase in global supply and the rise in macro risks, the downward price range has emerged once again. If the tensions in the Middle East escalate further, it may trigger market volatility. The eight core member states of the organization, led by Saudi Arabia, have agreed to increase daily production by 411,000 barrels in June, which is the same as the unexpected production increase in May. The cumulative production increase now exceeds 800,000 barrels per day, marking an important step towards canceling the target of the voluntary production cut of 2.2 million barrels per day that has been promised since 2022. Crude oil showed a trend of rising first and then falling today. After breaking through a new low, the upward movement continued. It faced resistance after reaching
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
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.
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👉👉👉
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.
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.
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
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.