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WTI Cash (or Spot) ContractWTI Cash (or Spot) ContractWTI Cash (or Spot) Contract

WTI Cash (or Spot) Contract

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Analysis of the 1-Hour Crude Oil Chart (WTI)1. Rising Wedge Pattern: A rising wedge has been detected, which is a bearish reversal pattern. This typically signals a potential price breakdown. The wedge resistance aligns near 71.00–72.00, indicating a potential cap. 2. Key Zones: Premium Zone: Around 70.80–71.00, where sellers have shown dominance previously. Equilibrium: Price around 68.90 marks a fair value where buyers/sellers balanced previously. Discount Zone: Strong demand zone lies between 66.50–67.00, suggesting significant buying pressure. 3. Moving Averages: Price is above the 200 EMA, indicating an overall short-term bullish trend, but the rising wedge introduces caution. 4. Support Levels: Immediate Support: $70.00 Next Support: $68.90 (Equilibrium level) 5. Indicators: Volume Analysis: Lower volumes during the upward move suggest weakening bullish momentum. Momentum: If price fails to sustain above $70.80, sellers may take control. Trade Strategy 1. Short-Term Bearish Setup: Sell: Near 70.80–71.00 (wedge resistance). Target: 1st Target: 69.50 (initial drop support). 2nd Target: 68.90 (Equilibrium level). Stop-Loss: 71.50 (above wedge resistance). 2. Long Setup at Discount Zone: Buy: Near 67.00 (discount zone support). Target: 1st Target: 69.50 2nd Target: 70.50 Stop-Loss: 66.52 Key Watchouts A confirmed break below the wedge at $70.00 will validate a bearish move toward 68.90. A break above 71.50 would invalidate the bearish setup and signal further upside toward 72.50–73.00. Trade cautiously around the rising wedge, as breakdowns can be sharp. Use stop-losses to manage risk effectively.
CAPITALCOM:OIL_CRUDEShort
by Phola_86
WTI Oil H4 | Bullish uptrend to extend further?WTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 70.49 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 69.42 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 72.65 which is a multi-swing-high resistance that aligns with the 161.8% Fibonacci retracement level. 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:USOILLong
by FXCM
USOILPrevious analysis on November 13, 2024, it was seen that the price rebounded, tested the 71.40 level and could not break through. The price then came down to test the support zone 67.92-66.93 again. If the price can still stand above the 66.93 level, it is expected that there is a chance that the price will adjust up. Consider buying the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
TVC:USOILLong
by Serana2324
6
WTICOUSD , high time frame Hello traders, I would like to discuss West Texas oil. There is a critical zone on the chart, as anticipated. Oil is currently in a bullish trend on the higher timeframes. Presently, the price is in OB on the 4-hour chart, and during the Asian session, there are indications of a potential decrease to $69 before targeting the $75 zone. --- If you require further adjustments or have specific areas you wish to focus on, please feel free to let me know!
OANDA:WTICOUSDLong
by somayehbasiri
"USOILSPOT / WTI CRUDE OIL" Energies Market Bullish Heist PlanHello! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist "USOILSPOT / WTI CRUDE OIL" Energies Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 1H timeframe Target 🎯 : 70.50 Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
THINKMARKETS:WTILong
by Thief_Trader
Crude Oil: Price Action Tips for Big GainsTVC:USOIL AlexGoldHyunter Technical Analysis Using Price Action Techniques Key Levels and Structures Support and Resistance Levels: Resistance: Around 71.00 (marked by the red dashed line and "Equal Highs"). Support: Around 68.75 (marked by the green line labeled "Swing Low"). Fibonacci Retracement Levels: 0.382: 70.50904 0.618: 69.27906 0.786: 69.58792 Break of Structure (BOS): Multiple BOS annotations indicate significant price movements breaking previous highs or lows. Change of Character (CHoCH): Indicates a potential reversal or shift in market sentiment. Indicators Moving Averages: The chart includes two moving averages (red and blue lines), which can be used to identify trends and potential entry/exit points. Volume: Volume bars at the bottom indicate the trading activity, which can confirm the strength of price movements. Relative Strength Index (RSI): The RSI indicator shows overbought or oversold conditions, which can be used to time entries and exits. MACD: The MACD indicator at the bottom shows momentum and potential trend reversals. Buy Strategy Entry: Look for a bullish CHoCH or BOS above a significant resistance level (e.g., 71.00). Confirm with increasing volume and a bullish crossover in the MACD. RSI should be above 50 but not in the overbought zone. Stop-Loss: Place a stop-loss below the recent swing low or a significant support level (e.g., 68.75). Take-Profit: Use Fibonacci extension levels or previous resistance levels to set take-profit targets. Sell Strategy Entry: Look for a bearish CHoCH or BOS below a significant support level (e.g., 68.75). Confirm with increasing volume and a bearish crossover in the MACD. RSI should be below 50 but not in the oversold zone. Stop-Loss: Place a stop-loss above the recent swing high or a significant resistance level (e.g., 71.00). Take-Profit: Use Fibonacci retracement levels or previous support levels to set take-profit targets. By using these price action techniques and indicators, traders can develop a structured buy and sell strategy for trading CFDs on WTI Crude Oil. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
TVC:USOILLong
by Alexgoldhunter
Heading into overlap resistance?WTI oil (XTI/USD) is rising towards the pivot which acts as an overlap resistance and could reverse to the pullback support. Pivot: 73.08 1st Support: 66.98 1st Resistance: 78.05 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. 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:XTIUSDShort
by ICmarkets
1
Weekly Analysis of Crude Oil (USOIL) Based on the SMB Strategy📊 Weekly Analysis of Crude Oil (USOIL) Based on the SMB Strategy In this analysis, key levels, potential market reactions, and trading opportunities are examined based on price action and the SMB strategy principles. 🔎 Key Levels Identification (Support and Resistance): Major Resistance: The 72.000 level is considered a significant resistance. A potential bearish reaction to this level is expected. If this level is broken with strong momentum, prices may advance toward 74.000 and 75.000. Major Support: The 70.000 level is identified as a psychological and key market support. A bullish reaction at this level may provide buying opportunities. A breakdown of this support could push prices toward 68.000. 🔥 Price Action Analysis (Based on Market Behavior): Current Trend: The short-term trend is bullish, but the market is at a decision point near the 72.000 resistance. Bullish Scenario: If the 72.000 resistance is broken with a strong bullish candle and high volume, prices are likely to continue higher toward 74.000 and 75.000. This move could occur due to the stop-losses of retail sellers being hit and institutional players joining the trend. Bearish Scenario: If a bearish reversal candle forms at the 72.000 resistance, the price may move toward the 70.000 support. A break below the 70.000 support could lead to further downside toward 68.000. 📈 Proposed Trade Signals Based on SMB Strategy: Buying Opportunity on Breakout of 72.000 Resistance: Entry Confirmation: A strong breakout above the 72.000 level with a bullish candle and high volume. Stop Loss: 71.500 (below the breakout level). Targets: Target 1: 74.000 Target 2: 75.000 Selling Opportunity on Rejection at 72.000 Resistance: Entry Confirmation: Formation of a bearish reversal candle at the 72.000 level. Stop Loss: 72.500 (above the resistance level). Targets: Target 1: 70.000 Target 2: 68.000 Buying Opportunity at 70.000 Support: Entry Confirmation: A strong bullish reaction at the 70.000 support with a valid bullish candle formation. Stop Loss: 69.500 (below the support level). Targets: Target 1: 72.000 Target 2: 74.000 🚀 SMB Summary and Recommendations: Closely monitor market behavior at the key levels (72.000 and 70.000). Wait for price action confirmations (such as strong candles and high volume) in breakouts or reversals. Use tight stop-losses and aim for large profits by aligning with institutional market players.
FX:USOIL
by SMB_Mohsen_Bahmani
1HR, 4HR and 1DAY CRUDE OIL TECHNICAL AND STRATEGYThe Crude Oil (WTI) across different timeframes (1W, 1D, 1H) show various price levels, supply-demand zones, and indicators. Let me provide you with an analysis and strategy to interpret the data and act on the price movements: 1. Weekly Chart (1W) Key Observations: The chart shows a range between discount and premium zones. The price is currently consolidating near equilibrium (mid-level) at $70.69. Premium Zone: Strong resistance exists above $80, with bearish volumes indicating selling pressure. Discount Zone: Strong support below $65, with significant buying activity. Conclusion: The price is range-bound, with equilibrium suggesting indecision. Look for a breakout above $75 for bullish continuation or below $65 for bearish sentiment. 2. Daily Chart (1D) Key Observations: The price is trading below the 200 EMA, indicating a bearish trend. There are clear supply zones (premium) around $76–$80 and demand zones (discount) near $66–$68. The market appears to be respecting these supply-demand zones, with price testing the discount region. Conclusion: Watch for a bounce near $66–$68 for a potential long position or sell near the $76 resistance zone for shorts. 3. Hourly Chart (1H) Key Observations: The price has recently hit the premium zone at $71, with bearish signals forming. Equilibrium is around $70, indicating a key level for price movement. Bullish and bearish signals on oscillators (like the Stochastic and MACD) highlight short-term opportunities Conclusion: Short-term traders: Sell near $71 (resistance) with targets at $69–$68. Wait for confirmation of price breaking above $71 to look for long positions targeting $73. Overall Strategy 1. Short-Term (1H): Sell: Near $71 (premium zone) with a target of $69–$68. Stop-Loss: $72.50. 2. Mid-Term (1D): Buy: Near $66–$68 (demand zone) for a potential bounce. Target: $74–$76. Stop-Loss: $65. 3. Long-Term (1W): Breakout Trade: If price breaks above $75, expect a rally to $80–$85. If price breaks below $65, target $60 or lower. Note: Pay attention to geopolitical events, inventory reports (EIA/API), and macroeconomic data, as they heavily impact oil prices. Use a risk management strategy to minimize exposure. Remember, this just an opinion and not financial advice. Always supplement your Technical with Fundamentals. Stick to your business plan and manage your risk effectively.
CAPITALCOM:OIL_CRUDE
by Phola_86
1
XTIUSD BEARISH OPPORTUNITYHello Everyone! How are you all? XtiUsd is an instrument to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on. So, I will be looking for a short continuation because of the following reasons: 1. The overall trend is bearish 2. The price has formed a continuation structure. 3. The price is approaching the value area. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows. Entry : will look for a risk short entry within the flag or a reduced risk entry on the breakout of the flag.
FXOPEN:XTIUSDShort
by DTreasureMarketHub
USOIL Will Go Down! Sell! Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 71.095. 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 70.000 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
1
WTI Bullish For Next Year?Oil defended himself against lower prices below 70 support zone in all year an that is a key factor for the bullish moment we can have in 2025. Also OPEC+ lowered the roof to produce million oil barrels for entire 2025 due to lower growth expectations and lower demand. This will pressure the price upwards in most of the time next year as the bloc wants a strong barrel. Movements that broke the 75 zone level would be a key to a stronger bullish bias for the next year. Otherwise, we have to be careful with movements below the 70 zone that is the stronger barrier we have to stop bearish positions.
FOREXCOM:USOIL
by jepinedac