USOIL Bearish Reversal & Selling OpportunityUSOIL (WTI Crude Oil) – Bearish Setup Analysis
The chart shows a clear bearish structure with multiple confirmations:
Trendline Rejection & Break: Price rejected from the upper rejection line and later broke the rising trendline, confirming bearish momentum.
FVG (Fair Value Gap) Selling Zone: Price retested the imbalance zone (63.53–63.94), creating a strong selling opportunity.
EMA Confluence: Both the 70 EMA and 200 EMA are above the price, acting as dynamic resistance, supporting bearish bias.
Market Structure Shift (MSS): Breakdown of higher lows signals shift to bearish structure.
Target: Downside continuation expected towards 61.65, the next liquidity and support zone.
Stop Loss: Above 63.94 (selling zone invalidation).
📉 Strategy: Look for sell entries around 63.53–63.94 zone, with target at 61.65 and stop loss above 63.94.
USCRUDEOILCFD trade ideas
Buy Opportunity in USOILAn upside opportunity is being developed. Scenario.
1. Choch has happened and price retracing towards FVG.
2. it is also taking support from trendlines.
3. If price rejects with volume in FVG zone, it may lead to good upside trade.
P.s. - It is just analysis not trading recommendation.
WTI Crude Oil Descending Triangle Pattern
WTI is forming a Descending Triangle pattern near recent support.
📊 Technicals : Flat base with lower highs compressing price action.
🔎 Key Levels: Breakdown below support 65 Leads To bearish continuation;
bounce above resistance 71 Leads To reversal setup.
⚠ Risk View: Energy fundamentals remain mixed — confirmation with volume is essential.
👉 Tactical takeaway: Wait for a breakout from the triangle before committing directionally.
Crude oil view building and trading plan for next weekChart Observations
Trend Analysis:
The chart shows a series of uptrends and downtrends clearly marked with HH (Higher Highs), HL (Higher Lows), LH (Lower Highs), LL (Lower Lows).
Currently, price is in a downtrend, with a new Lower Low (LL) just printed around $64.30, breaking a strong horizontal support level.
Key Levels:
Support broken at ~$64.8 - $65, which was previously tested multiple times.
Next potential support near $63.00 - $62.50 zone (watch for wick rejections).
Resistance around $66.75 (EMA level and previous LH area).
Fibonacci Levels:
Recent retracements: 78.6%, 62%, 50% on various swings — price respecting Fibs before continuation.
262% extension on one of the previous rallies — now in retracement.
Volume:
Strong bearish volume spike on the most recent candle = institutional selling pressure.
🔮 Trading Bias
🔻 Short-term bias: Bearish
Price broke structure + volume confirms downside move. Lower highs and lower lows are forming.
📅 Trading Plan for Next Week (August 7–11)
✅ Scenario 1: Bearish Continuation (most probable)
Plan: Sell on retracement toward broken support
Entry: $65.00 – $65.40 (retest of previous support as resistance)
SL: Above $66.80 (previous LH + EMA)
TP1: $63.00 (psychological support)
TP2: $61.50 (next demand zone from historical data)
Confirmation: Rejection candle or bearish engulfing + low volume on retest preferred.
🔁 Scenario 2: Bullish Reversal (less likely)
Trigger: Price forms bullish divergence or double bottom near $63 zone with long lower wick candles
Entry: Above $65.50 with bullish engulfing and volume
SL: Below recent LL (~$62.80)
TP1: $66.75 (EMA)
TP2: $68.20 (previous minor high)
Wait for structure change — first HL and HH required to flip bias.
Avoid trading if:
Price is consolidating between $64.50 – $65.50 without clear volume or breakout.
Whipsaw/low volume candles appear around major levels.
⚙️ Additional Filters
Monitor US crude oil inventories data (EIA report – Wednesday).
Keep an eye on geopolitical news (Russia, OPEC+, etc.).
Dollar strength or weakness will also impact crude.
CRUDE - 2 possible trades for this week 1. After pull back to 67 zone (previous week candle body top). Price need show weakness at that previous week top.. to show it is facing resistance
2. Already price showed intent and broke previous week body low. So, if it happens to break it again, SL is current week High.
Both are short trades only.
For long trades, price must show strength by quickly crossing the last week body top. When that happens we will see..
USOIL - CRUDE/CRUDOIL - Sharp Decline ahead?CMP: 67.90
TF: 120 Minutes
Price had a steep decline in an impulse nature from 77.10 to 63.97; This can be marked as corrective wave A.
Price has been moving up in zig zag price action in the B wave rise since then.
The B wave seems to have ended at 68.90 (38% retracement) OR could possibly gets terminated at around 69.5-70 (one more high)
If it has to fall right off from here at 67.90 , it needs to break 67.67 and 67.30 for final confirmation.. Else, there is a fair chance of the script making one more high at around 69.5-70 (Fair Value GAP should be tested) and resume the fall.
The FVG left at 69.5-70 is the reason for me to expect one more high.
The idea is marked in this chart along with the internal counts.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
USOIL is taking support at lower levels and making higher highsThe trading signal for USOIL has been triggered. The asset has demonstrated consistent support near the 65.5 price level, exhibiting this pattern of support three times previously, each instance resulting in the formation of a higher high. Currently, USOIL is once again showing support at this crucial level. Therefore, I recommend initiating a bullish or long trade position, with a suggested entry point around the 65.75 mark.
Crude WTI updated levels buy near support sell near resistance How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Trade Recommendation – BUY WTI Crude Oil (USOIL) – Entry #2✅ Trade Recommendation – BUY WTI Crude Oil (USOIL) – Entry #2
📅 Date: July 3–4, 2025
🕒 Timeframe: 1H
🎯 Trade Setup:
Entry Zone: 66.30 – 66.40 USD/barrel (short-term support and EMA20 zone)
Stop Loss (SL): 65.60 USD (below MA200 and previous bullish candle base)
Take Profit (TP):
• Target: 68.40 – 68.50 USD
📊 Technical Analysis:
Healthy pullback after a strong bullish breakout — price is currently consolidating around EMA20, potentially forming a new upward leg.
Volume surged during the July 2–3 breakout, indicating strong institutional buying interest.
Price structure: Clear uptrend with higher highs and higher lows.
Bollinger Bands: Price touched the upper band and is now retracing to the mid-band — a common continuation pattern.
EMA20 is acting as dynamic support.
🧭 Strategy Notes:
Wait for price to retrace into the 66.30 – 66.40 zone with a confirmation signal (e.g. bullish pin bar or engulfing candle).
Consider scaling in and holding the position toward the resistance area of 68.40 – 68.50.
Cut loss if price breaks below 65.60 and invalidates the current bullish structure.
fl me & ytb, winrate 90%! Thank
Crude Oil at Key Trendline Support: Bounce or Breakdown?🔎 Chart Structure & Overview:
Crude Oil continues to respect a large descending channel spanning back to mid-2022.
Price recently rallied sharply to test upper channel resistance near $76, only to face a strong rejection.
Current price action is at $66.24, resting on the lower midline support of the channel.
📌 Key Technical Levels:
Resistance: $76.00 – $78.00 (channel top)
Immediate Resistance: $68.50 – $70.00 (midline zone)
Current Support: $65.50 – $66.00 (trendline confluence)
Major Breakdown Level: $64.00 (below this, opens room toward $60.00 and even $55.00 lows)
Channel Base: $55.00 – $56.00 (long-term floor)
🧭 Technical Observations:
✅ The overall trend remains bearish, with clear lower highs and lower lows.
✅ Rejection at upper trendline shows continued seller strength.
✅ The current level is a make-or-break support zone—if buyers fail to hold here, selling pressure may accelerate.
✅ Volatility remains high, with daily ranges expanding as price tests critical levels.
⚙️ Possible Scenarios:
✅ Bullish Case:
Hold $65.50 – $66.00 zone with strong buying reaction.
Target bounce toward $68.50 – $70.00 resistance.
Sustained close above $70 could challenge channel top $76 – $78.
✅ Bearish Case:
Failure to hold $65.50 – $66.00 support.
Breakdown below $64 confirms renewed downside momentum.
Next targets $60.00 → $55.00 (channel base support).
📈 Strategy & Outlook:
Short-term traders: Watch for intraday reversals or breakdown candles near $66.00.
Swing traders: Plan entries on confirmation—either breakout above $70 or breakdown below $64.
Investors: Trend remains bearish within channel until proven otherwise. Best to wait for decisive structural change above $78.
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
XTIUSD / CRUDE OIL / CL MONTHLY ANALYSIS 01-JUL-2025 @ 64.12LTP 64.12
66.01/63.55
Bullish only above 79.55
Resistance 79.55 holds till now.
As long as Crude stays below 79.55, we can see more down towards 55.77, 51.93-48.64 (ultimate target), extension 45.77
MAKE OR BREAK ZONE: 66.01/63.55
Above 66.01, we can see 69-71.
Break below 63.55, we can see 55.77 first.
Crude Oil Market Analysis: June 29, 2025 Monthly Chart~~ Crude Oil Market Analysis: June 29, 2025 ~~
As of June 29, 2025, the crude oil market reflects a complex interplay of supply, demand, geopolitical factors, and macroeconomic conditions. Below is a concise analysis based on the latest available data:
#Market Sentiment: Prices are under downward pressure due to rising global oil inventories and weaker-than-expected demand growth, despite recent volatility driven by geopolitical events.
Supply Dynamics
Global Supply: World oil supply rose by 330 kb/d in May to 105 mb/d, up 1.8 mb/d year-on-year, driven by both non-OPEC+ (e.g., U.S., Brazil, Canada) and OPEC+ producers as voluntary production cuts are gradually unwound. The IEA projects global supply to reach 104.9 mb/d in 2025 and 106 mb/d in 2026, with non-OPEC+ leading gains (1.4 mb/d in 2025, 840 kb/d in 2026).
OPEC+ Policy: OPEC+ has accelerated the unwinding of voluntary cuts, with a planned 411 kb/d increase for July 2025, though compliance issues persist (e.g., Kazakhstan, UAE, and Iraq overproducing). This contributes to a supply overhang, with global supply expected to exceed demand by 720-950 kb/d in 2025.
U.S. Production: U.S. crude oil production is forecast to average 13.4 mb/d in 2025, slightly declining to 13.3 mb/d by Q4 2026 due to fewer active drilling rigs and lower oil prices. The Permian Basin remains a key driver, contributing 46% of U.S. crude production.
#Demand Dynamics
Global Demand: Forecast to grow by 720 kb/d in 2025 to 103.8 mb/d, down from earlier estimates due to weaker deliveries in the U.S. and China during Q2 2025. Non-OECD countries, particularly China and India, drive growth (860 kb/d in 2025), while OECD demand is expected to decline by 120 kb/d.
#Geopolitical and Macro Factors
Geopolitical Tensions: Recent de-escalation signals between Iran and Israel have reduced fears of supply disruptions, leading to a 4% price drop on June 16, 2025. However, U.S. sanctions on Russia and Iran continue to pose risks, with Iranian exports potentially facing tighter enforcement.
Trade Policies: U.S. tariffs and trade tensions, particularly with China, have soured macro sentiment, impacting demand forecasts. A temporary U.S.-China tariff détente has eased some pressure, but uncertainty persists.
Economic Outlook: Faltering global growth and rising trade barriers are expected to keep commodity prices, including oil, at their lowest levels of the 2020s, potentially moderating inflation but challenging developing economies.
Technical Analysis
WTI is trading in a medium-term uptrend but recently tested support at $68.06-$68.66. Prices are approaching a target zone of $75.62-$76.14, though resistance at this level could trigger a pullback. Volatility remains high, with prices sensitive to geopolitical news and inventory data.
Brent has struggled to break above a key downtrend line, signaling caution among traders despite recent geopolitical escalations.
Trend - Sideways
Chart for your reference
- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
Channel Rejection in Oil – Is $68 Next?💼 Strategic Action Plan:
🔴 Bearish Setup – Reversal from Channel Top:
Sell Zone: $73.00 – $75.50
Stop Loss: Above $76.50 (channel breakout invalidation)
Targets:
🎯 T1: $71.00
🎯 T2: $68.00
🎯 T3: $64.00 (mid-term swing target)
Momentum is weakening after a sharp run-up, making this a high-risk zone for fresh longs.
Ideal setups include:
Reversal candle + volume near $73.50 for shorts
Breakout retest above $76.50 with volume for bullish entry
Watch upcoming inventory data and geopolitical cues for volatility catalysts
WTI Crude Oil 4H Chart – Bullish Setup from Demand Zone📈 Current Price: $61.74
🔵 Key Zones & Levels
🔹 Demand Zone (Buy Area):
🟦 $59.48 – $61.39
→ Price expected to bounce here
→ 🔄 Potential reversal zone
🔹 Entry Point:
🎯 $61.39
→ Ideal level to enter LONG
→ Just above demand zone
🔹 Stop Loss:
🛑 Below $59.48
→ Exit if price drops here
→ Protects capital
🔹 Target Point:
🚀 $67.00
→ Profit-taking zone
→ Strong resistance zone nearby:
* 66.63
* 66.75
* 67.60
📊 Indicators
📍 EMA (70): 🔴 61.40
→ Price trading above = bullish signal
→ EMA acting as support
📏 Trendline Channel:
🔼 Higher highs & higher lows
→ Supports uptrend continuation
📌 Trade Plan Summary
* Bias: 📈 Bullish
* Buy: At 61.39
* Stop: Below 59.48 🛑
* Target: 67.00 🎯
* Risk-Reward: ✔️ Favorable (~1:3)
🔍 What to Watch
* ✅ Bullish candles in demand zone
* 🔁 Retest of EMA or lower channel
* ❌ Avoid if it breaks below $59.48