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Crude Oil West Texas - CashCrude Oil West Texas - CashCrude Oil West Texas - Cash

Crude Oil West Texas - Cash

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USCRUDEOIL trade ideas

CRUDE Hello & welcome to this analysis WTI OIL is at the PRZ of a bullish Harmonic Cypher pattern suggesting a bounce/reversal from current levels. Crude (MCX) however does not have any bullish harmonic patterns at the moment, normally, we do see them in sync, however, this time maybe due to a strong INR the pattern is not seen. One can take a trade tracking USOIL / WTI either above $57.85 (60m close) with swing low as stop loss or take a bullish trade here with $55.95 as stop loss. The targets are 38-50-62 Fibonacci levels as marked in the chart All the best
TVC:USOILLong
by Dinesh_C_Nagpal
Crude WTI sell given below 63.60 $ , 62.44 $ Target hitHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 21.4% to 23.6% range then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking Point D 21.4% to 23.6% range Targets : Target T1 : 35.1% to 38.3% Target T3 : 49.1% to 53.2% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
PEPPERSTONE:SPOTCRUDELong
by EquityCommodityMarketJaiPrakas
Crude WTI if break 63.60 $ then sell avoid buy trade aHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 21.4% to 23.6% range then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking Point D 21.4% to 23.6% range Targets : Target T1 : 35.1% to 38.3% Target T3 : 49.1% to 53.2% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance we
PEPPERSTONE:SPOTCRUDEShort
by EquityCommodityMarketJaiPrakas
WTI Crude Oil TradeSetup:Demand Zone Reversal & Trendline Brkout📉 Trendline Resistance 🔴🔴🔴 (Multiple rejection points along the descending trendline) 📊 Demand Zone (Support Area) 🟦 Blue Zone (59.08 - 57.90) → Potential Reversal Area ✅ Entry Point: 59.08 🟡 (Marked in yellow) – Ideal buy zone 🎯 Target Point: 63.90 🔵 (Top Resistance Level) – Profit-taking zone ⛔ Stop Loss: 57.90 🟥 (Risk Management Zone) – To prevent big losses 📈 Possible Scenario: 1️⃣ Price drops into 🟦 demand zone 2️⃣ Bounces ⬆️ off support (bullish move 🚀) 3️⃣ Hits 🎯 target (63.90) ✅ ⚠️ Alternative Scenario: If price 📉 breaks below 🟥 stop loss, downtrend may continue. This trade setup looks good with a 4:1 risk-reward ratio! 🏆
TVC:USOILLong
by Jameshead007
USOIL Short Trade Idea – Targeting $55.05 from $61.00Entry Point: ~61.00 USD Stop Loss (SL): 64.77 USD Target (TP): 55.05 USD Risk/Reward Ratio: Favorable Risk: ~3.77 USD Reward: ~5.95 USD Approximate R/R ratio: 1:1.58 🧠 Strategy Insight Trend Context: Prior to the entry zone, price shows a strong downtrend. The price retraced upward into a resistance zone (highlighted in purple). The setup suggests a short position anticipating rejection from this zone. Indicators: Moving Averages (red & blue): Likely 50 EMA and 200 EMA showing bearish alignment (price mostly under both). Resistance Zone: The purple shaded region represents a supply zone, where price previously reversed. Entry Zone Analysis: Entry just below a recent rejection candle. It's a conservative spot to catch a move back in the direction of the dominant trend. Target Zone (55.05): Likely based on a recent support level or demand zone from earlier price action. Matches previous lows. 🔁 Possible Scenarios ✅ Bearish Scenario (Ideal Outcome): Price gets rejected from the resistance zone and continues the downtrend toward the target at 55.05. ❌ Bullish Scenario (Risk): Price breaks above 61.00 and continues toward 64.77, invalidating the short setup.
TVC:USOILShort
by EA_GOLD_MAN_COPY_TRADE
"WTI Crude Oil – Bullish Bounce from Demand Zone? "🔵 . Demand Zone:   ⬇️ 60.53 – 59.71   This is the buy zone where bulls are likely to step in!   Price is currently testing this area. Watch closely! 🛑 . Stop Loss (Risk Zone):   📉 Below 59.66   If price falls below here, exit the trade – demand has failed. 🎯 . Target Point:   🚀 63.85   This is the take profit zone. A successful bounce could reach this level! 🟠 . EMA (9-period DEMA):   📉 Currently around 60.86   Price is slightly below EMA, showing short-term bearish pressure. 🟢 . Trade Idea Summary:   • Enter near the blue demand zone   • SL below 🔴 59.66   • TP at 🎯 63.85   • R:R ratio looks favorable (low risk, high reward) Outlook: As long as price holds above the demand zone, this setup remains bullish 📈 Let’s see if the bulls can push it to that 63.85 target! 🚀💰
TVC:USOILLong
by Jameshead007
WTI CRUDE OIL TRADE SETUP : BREAKOUT OR BREAKDOWN ?📊 Key Observations: 🔹 Trend: 🚀 Strong bullish move followed by a correction 📉 🔻 Price is testing a support zone 🔹 Pattern Formation: 📏 Descending channel or flag-like structure 📍 Price is near a breakout point 🔹 Trade Setup: ✅ Entry Zone: Around 70.77 🛑 Stop Loss: 70.44 - 70.49 (Risk limit ❌) 🎯 Target Point: 71.80 (Profit zone ✅) 🔹 Indicators & Confirmation: 📊 DEMA (9) at 70.92 → Price is slightly below short-term momentum 🔥 A breakout above resistance could confirm a bullish move 🚀 📌 Conclusion: ✅ If price breaks the trendline upwards → Buy 📈 aiming for 71.80 🎯 ❌ If support at 70.44-70.49 fails → More downside possible ⚠️ 🚀 Watch for volume & candlestick confirmation before entering!
TVC:USOILLong
by Jameshead007
Bearish crude is bad news!!WTI Crude CMP 71.15 Elliott- the B wave of the three wave correction is a descending triangle. And in my view it is complete. The C wave will be deep. Fibs- the only time the fibs dont work is when there is a triangle in the correction. The start of the fib in a triangle is different. RSI - the oscillator is in the bear zone and is under the averages. this is called failing below the averages. This is very negative. Conclusion - I know the thrust out of a triangle is very forceful. My fist tgt will be a at $47.80 . Mind u this is not where this correction ends, it will go deeper.
TVC:USOILShort
by singh17vivek
3
Crude Oil Bullish on 1Week timeframe (2Bottom)It is Mouthwatering 2 Bottom on 1Week Fisher and TSI. Here, 1Month zigzag pattern at the Bottom makes it indecisive of a Direction, but extreme Bottom in 1Week makes a good point for BUY. Guess the Target? Well, it shall be a 1Day Top in Fisher and TSI. News shall be anything. But whatever news, it will turn out to be smartly marching ahead with confidence. BTW, 1M Fisher has turn positive at Bottom zigzag pattern to catapult 4H 1D higher
BLACKBULL:WTI
by MishraAnuradhaNavin
USOIL - TRADING NEAR IMPORTANT DEMAND ZONE - TREND REVERSAL?Symbol - USOIL CMP - 66.58 The USOIL has recently experienced a decent correction over the past few weeks, which has provided an opportunity for price consolidation near an important support zone before the potential upward price growth. This correction has allowed the market to stabilize, and the recent price action suggests that the price may show a reversal from the major support zone which has held since March 2023 Geopolitical tensions and OPEC production cuts continue to play a significant role in influencing oil prices, while global economic recovery, particularly in major consuming nations, provides further optimism for sustained demand. These factors are likely to continue supporting oil prices as market participants remain cautious about future supply disruptions. With the recent correction now completed, USOIL appears poised for further upward momentum, especially if these bullish fundamentals continue to hold. Technically, the key support level to watch is $66.50 - $65.20 If this level is defended by the bulls, the price is likely to push towards the $69.00 - $70.20 range, which represents the next major resistance zone. Resistance levels: $69.15, $70.20 Support level: $66.00, $65.20 The price has recently tested the $65.20 support zone. A potential false breakdown could occur here, aimed at capturing liquidity before prices resume their upward trajectory. With the correction phase likely behind us, renewed buying interest in USOIL could drive prices higher as the uptrend continues to unfold.
TVC:USOILLong
by akshit_official
USOIL Trade IDEA for upcoming session of Monday 15M TFOn looking at the chart of USOIL in higher TF's i've figured out some imp and key levels and zones to focus on last session it closed at 67.019 and if we look on price movement then our next resistance zone is 67.465 - 67.560 after that we get the next zone which is 68.100 - 68.215 which is the last session approx high and after this we can get new resistance zone of 68.550 - 68.600 if we talk about support then nearest support is 66.757 - 66.589 and after that we can get new support at 68.250 - 68.085 then next support is 65.616 , while looking at the chart in every TF's i think crude may head for higher price for some session's because it get rejection on weekly and daily TF and it also showed bullish scenario in my self made indicator , i've given all the imp level's wait for resistance breakout and place SL below resistance low ( alternative and safe method is to wait for retesting then enter) if price goes downward's then wait for reversal pattern's then enter and place SL below support low , wait for price to show some reversal or continuation pattern before entering. in.tradingview.com
FX:USOILLong
by NobleFalcon