USOIL Price Chart — WTI Crude Oil — TradingView — India

Key data points

Index info

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.

Ideas

USOIL 1H — Short Setup USOIL 1H bearish setup 📉 Price has made a strong impulsive move into the 103.1–104.1 supply/resistance zone. I’m watching for bearish rejection and confirmation from this area. 🎯 1st Target: 100.515 🎯 Final Target: ~97.52 🛑 Invalidation/SL: 104.643 Plan: Looking for a short after confirmation f

WTI Oil Breakout: Topish Triangle Formation Unfolds!“WTI Oil has cracked out of a long‑term symmetrical triangle, flashing a topish setup. Price action shows consolidation giving way to volatility, with resistance near $104.799 and support at $84.672. Traders eye the breakout zone for potential profit opportunities, while risk management remains key.

by IndexTrader13

USOIL — Approaching the 2008 Bubble Resistance!!! 300 Post!!There are charts that deserve to be studied on a daily timeframe. And then there are charts that deserve to be zoomed out for 20 years. This is one of them. On the 3-month USOIL chart, I’ve marked a long-term descending resistance that originates from the 2008 oil-price peak, when WTI reached aroun

by siripireddyvenu

Will Crude Oil price make new highs?Crude Oil CMP 102 Rising crude oil prices is upsetting the Equity mkts. The current zone at 102.60 and then at 105.60 are two strong resistance on the charts. Oscillator- The detrend is clearly confirming the current zone as resistance zone. So all we need is a red bar in tomorrows trade.

by singh17vivek

#USOIL Elliott wave analysis of #USOIL #Crude Oil. The submicro wave 5 is extended and about to finish wave 1 of Micro degree.

by SaravananEWanalyst

Shorting idea on Crude Oil. Buyers had the opportunity to establish a sustained breakout above 103.50, failed to do so, and were subsequently met with aggressive selling. This makes the current level attractive for positioning short rather than chasing the previous upside move.

by amazedFish23102

WTI CRUDE : At the verge of Rounding Bottom Break Out?WTI Crude Oil – Technical Outlook i)Trading above all its major daily EMAs (20/50/100/200), indicating a strong bullish trend and a positive shift in market structure. ii)Forming a sequence of higher highs and higher lows, reflecting sustained buying interest and strengthening bullish momentum. iii)

XTIUSD | FLOW – Monitors Ongoing Structural Evolution | 05-SEP XTIUSD remains in a Corrective Recovery, with participation strengthening as price moves into the Structural Pivot Zone. After previously testing the Behavioural Pivot Zone, recovery participation has improved and price has advanced into the 82–90 Structural Pivot Zone. The current focus is whethe

1D US OIL The Reversal Blueprint As shown on the chart, US Oil is currently respecting previous demand levels. Since the overall trend remains bullish, here are the two potential scenarios to watch for: Scenario 1 (Direct Upside): If price moves directly higher from current levels, expect a potential rejection/reversal from our ke

by harshmeraanaam

Institution Option Trading Part-3 PCR means Put Call Ratio It tells us how many Put options and Call options people are buying or trading. Why it matters for institution trading Big players mostly use options. So PCR helps us understand what big money may be thinking. If PCR is high More puts than calls. Means traders are scared or

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by Knowledgehub

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Technicals

Summarizing what the indicators are suggesting.

Oscillators

Neutral

SellBuy

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Oscillators

Neutral

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Summary

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

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Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Summary

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Moving Averages

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Moving Averages

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Seasonals

Displays a symbol's price movements over previous years to identify recurring trends.