USOIL BUYING SETUPREASON OF SELLING SETUP:-
1.taken support from previous level
2.price bending from this level
3.sellers trap
About CFDs on WTI Crude Oil
Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.
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.
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: Pri
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 rem
crude oil can be soldcrude can be sold . crude is taking rejection from liquidity sweep sl above liquidity sweep . target lower liquidity level .
Buy trade in Crude .crude can be brought from the shared levels . Proper Entry sl and targets are market . this levels . Today as per liquidity sweeep levels plotted by our indicator we are expecting and uptrend in crude . These levels are as per XTI USD charts.
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 su
CRUDE OIL: SELL?SL and targets are identified in the chart.
Basically price crosses above 4 hour Bollinger band, and came inside.
Previous such cross is above current cross.
So, thinking Short
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
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.