Trade Setup – BUY WTI Crude Oil (USOIL)✅ Trade Setup – BUY WTI Crude Oil (USOIL)
📅 Date: July 2–3, 2025
🕒 Timeframe: 1H
🎯 Trade Parameters:
Buy Zone (Entry): 65.00 – 64.90 USD/barrel
Stop Loss (SL): 64.55 USD (below rising trendline and lower Bollinger Band)
Take Profit (TP):
• TP1: 66.50 USD
• TP2: 67.00 USD
📊 Technical Analysis Highlights:
Rising trendline from June 24 continues to hold, forming a solid support area around 64.9–65.0.
Bollinger Bands are narrowing, indicating potential volatility expansion. Price is consolidating near the mid-band (MA20), often a precursor to bullish breakout.
Volume shows signs of accumulation around the trendline, suggesting buying interest at key support.
Multiple rejections from 64.90 without breakdown reinforces this level as near-term support.
🧭 Strategy Notes:
Enter on price pullback to the 65.00–64.90 zone with confirmation (e.g. bullish pin bar, engulfing pattern, volume spike).
Suggested position management:
• Take 50% profit at 66.50
• Hold the remaining 50% toward 67.00 if momentum is strong.
If price breaks below 64.55 with strong volume, exit the trade to preserve capital.
Good luck Everybody! Fl me here and ytb ! Thanks
Oiltrading
US OIL ALERTSo, I've been checking out the oil market, and it seems like US oil seems to have good support right now, with solid support below $66 and resistance around $75. It could be a good time to buy if you trade with a minimal stop loss. Check out the chart and see if it fits your risk appetite!
OIL INDIA LTDOil India Ltd #OIL
Resistance 530. Watching above 531 for upside movement...
Support area 520. Below 525-520 ignoring upside momentum for intraday
Support 520.Watching below 519 for downside movement...
Resistance area 530
Above 525-530 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
WTI (Crude Oil, Long H1/H4)It looks like WTI has a intraday buy signal at around 73.00 zone with stop loss below 72.00 , The minimum target will be 74.70 in the next few hours as the zeo political sentiments have improved, and external indicators are showing bullish signals. The RSI is mixed to bullish.
UK OIL 📈 Exciting Bullish Pattern Alert
📊 Pattern: Base Building
📌 Symbol/Asset: UK OIL
🔍 Description: The target of multiple patterns is pending, stock bounced back from solid support. Future & Options segment stock.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Go Long On crude for $20 tgt ($95) On weekly to 10D & 12D charts, it's time to go long on oil. Use your 1h & 2h charts for entries as per your TS. Find chances to go long on pullbacks & other consolidation-b/o patterns . Tgt can take 15-30 days, though one can take multiple trades & book Profits at several intervals. Along with it, we need to keep an eye on copper long trades as well.
Crude Oil- BULLISH CONTINUATION!Attached: Crude Oil Daily Live Market Chart
On Sunday 2nd April 2023, Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day.
Top OPEC producer Saudi Arabia said it would cut output by 500,000 bpd.
And due to this Surprise Output Cut, the Next Day itself Oil Prices Gapped Up and Closed Up 6.16% (+ 4.66 dollars)
Following that Prices have consolidated for 4 days giving Inside Bars, holding the Gap Zone
Today, Price is finally some some Buying Action
It appears that the Gap Up is a Breakaway Gap and now Oil Prices are ready to Break Out of the 4 day Consolidation
Looking at Moving Averages:
20 EMA has crossed above 50 EMA giving a Buy Signal
Price is consolidating right below 200 EMA and once its Breaks above it, Price is to Accelerate on the Upside
LEVELS:
Current Market Price= $ 81.40
Upside Target:
$ 92 to $ 100
Stop Loss:
below $ 79
....................................
USOIL Trading Plan - 17/Nov/2022Hello Traders,
Hope you all are doing good!!
I expect USOIL to go UP after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea