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
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 2
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 –
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 Hig
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 t
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 f
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
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 cruci
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-ri
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Displays a symbol's price movements over previous years to identify recurring trends.