Engulfing Candle

WTI Crude Oil (USOIL) Technical Analysis (2H)🛢️ WTI Crude Oil (USOIL) Technical Analysis (2H) 📊 🔍 Market Overview WTI Crude Oil remains under bearish pressure after facing a strong rejection from the 93.40 resistance zone. The market has formed lower highs and lower lows, confirming that sellers are still controlling the trend. Price is currently trading near 79.90, a key area where buyers may attempt a temporary defense. 📉 Technical Structure ✅ Strong rejection from the 93.40 resistance level. 🔄 Two visible Fair Value Gaps (FVGs) have a

by MarketStrategysignals

USOIL 30Min Engaged ( Bullish Reversal Detected )HANZO MARKET LIQUIDITY REPORT USOIL Timeframe: 30min (Volume Basis) Scale: Higher Timeframe Context / Deep Volume analysis ━━━━━━━━━━━━━━━━━━━━━━ Market Observation This analysis is focusing on structural behavior, liquidity zones, Volume analysis and key areas of interest within the current range. ━━━━━━━━━━━━━━━━━━━━━━ Market Bias Full liquidity Map ━━━━━━━━━━━━━━━━━━━━━━ 🔥Bullish Reversal Key Volume Zone : 78.80 Area ━━━━━━━━━━━━━━━━━━━━━━ Structure Factors: • Higher timeframe Volume reactio

by Path_Of_Hanzo

UKNatgas:Winter is coming, the Strait of Hormuz is still closed It can be argued that UKNatural Gas is one of the best fundamental-backed commodities in Europe's energy markets today and the daily chart is finally showing it through technical analysis that needs to be taken into consideration. The price is 75.67% higher on an annual basis, and the fundamentals behind this performance are just the same as they were yesterday. Tehran and Muscat have failed to reach any agreement on the Strait of Hormuz after the weekend meeting broke down again – Tehran made a

by Kearabilwe-Nonyana

Brent oil at resistance Brent has moved up sharply following geopolitical tensions. Currently it's at a supply zone. I would be looking for a rejection on lower time frames for a meaningful short setup towards 88.

by BULLxMARKETS

USOIL Price Outlook – Trade Setup 🌐Macro Background Oil prices sustained recent gains as optimism surrounding a deal to reopen the Strait of Hormuz faded. Tensions escalated after U.S. President Donald Trump introduced new compensation demands on social media, emphasising that these terms will be firmly embedded in future negotiations. Tehran's corresponding demands for military reparations and the end of blockades create a high political bar, making an immediate pact unlikely. The persistent geopolitical risk premium and thre

Crude Oil (CL) Analysis, Key-Zones, Setup for Tue (Aug 11)Bias: September WTI settled at 82.13, up 3.95 or 5.05 percent, and closed the electronic session higher still at 82.30, above its own settle. Crude opened at 78.42, set its low at 77.79 inside the first hour and never revisited it, finishing at roughly 99 percent of the 77.79 to 82.38 range on 234,852 contracts. The advance was supply-driven and it built through the afternoon as reporting on Middle East transit and on refinery damage in North Africa hardened. Price now sits above the five, twen

Bullish momentum to continue?WTI Oil (XTI/USD) could fall toward the pivot, which has been identified as an overlap support, and could bounce towards the 1st resistance. Pivot:78.85 1st Support: 75.13 1st Resistance: 86.80 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website

Oil prices are falling. Hi everyone We are at your service with oil analysis Please support me first of all by liking, commenting and following me. We are in a downtrend, but of course we need to look for a good confirmation in a specific place for oil to fall again. The news of the Iran-US agreement is also definitely influential. I think that the chance of oil falling is greater than its rise, but with all this, we cannot be 100% sure. Let's monitor the chart for the coming days

by hamidreza_FX

Crude Oil: Is a Larger Wave III Beginning?From an Elliott Wave perspective, the current structure suggests that Waves I and II of the current degree may be complete, placing the market at a critical stage. Wave I developed as a five-wave Impulse, followed by Wave II unfolding as a corrective structure. Therefore, under the aggressive scenario, the current structure may be preparing to enter Wave III, which, if confirmed, would be expected to develop with greater strength and momentum than the initial wave. The initial advance from the

by Mehdi_Abbasi_EWP

Oil Reclaimed the Structure, but Geopolitics Is Doing Most WTI has recovered sharply from the mid-70s and moved back above a structure that had previously failed. That is constructive on the chart. But I am not convinced that the rebound is purely technical. Oil rose again as hopes for a quick reopening of the Strait of Hormuz weakened. Iran has attached new conditions to any agreement, while attacks on regional energy infrastructure continue to keep a supply-risk premium in the market. WTI moved back above $80 after losing more than 7% the previous

Oil and Natural Gas - market headwinds Today we dive deep into the crude oil trade and natural gas. Oil and natural gas are both surging today and the markets are not worried about it. We are long AMEX:UCO & AMEX:XLE and have already secured our first profit target. Lots of bullish flow has been observed in AMEX:USO into for the back half of the year. More bullish flow has been observed in high beta ticker RIG. Oil could be setting up another massive bullish pattern that if it triggers we could be looking at new highs

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by Trading-Capital

USOIL 30Min Engaged ( Bullish Reversal Detected )HANZO MARKET LIQUIDITY REPORT USOIL Timeframe: 30min (Volume Basis) Scale: Higher Timeframe Context / Deep Volume analysis ━━━━━━━━━━━━━━━━━━━━━━ Market Observation This analysis is focusing on structural behavior, liquidity zones, Volume analysis and key areas of interest within the current range. ━━━━━━━━━━━━━━━━━━━━━━ Market Bias Full liquidity Map ━━━━━━━━━━━━━━━━━━━━━━ 🔥Bullish Reversal Key Volume Zone : 76.10 Area ━━━━━━━━━━━━━━━━━━━━━━ Structure Factors: • Higher timeframe Volume reactio

by Path_Of_Hanzo

Uh-oh: crude oil +5% higher Oil and gas prices rose sharply today. There are growing doubts that the U.S. and Iran will reach a deal any time soon. The concern here is that ship traffic through the Strait of Hormuz will remain constraint at best. This comes after Trump admitted on Sunday that the U.S. is “only semi-negotiating” with Iran. That was after promises he made last week that Washington and Tehran were holding talks and a deal could be reached soon. So far, not much de-risking in other markets but if oil and gas c

WTI Crude Oil — Bearish Rejection at Resistance WTI Crude Oil (30M) has rallied strongly toward the **81.30–81.60 resistance zone**, where price is showing signs of rejection. The chart suggests a potential bearish pullback after the resistance test. * **Resistance:** 81.30–81.60 * **Current Price:** ~80.79 * **Target 1 (TP1):** **77.77** * **Support 1:** 76.30–76.60 * **Support 2:** 74.50–74.80 **Trade idea:** If price fails to break and hold above **81.50**, a move lower toward **77.77** could develop. A confirmed break below 77.77 may op

by Legacy_Trader01

USOIL 30Min Engaged ( Bullish Reversal Detected )HANZO MARKET LIQUIDITY REPORT USOIL Timeframe: 30min (Volume Basis) Scale: Higher Timeframe Context / Deep Volume analysis ━━━━━━━━━━━━━━━━━━━━━━ Market Observation This analysis is focusing on structural behavior, liquidity zones, Volume analysis and key areas of interest within the current range. ━━━━━━━━━━━━━━━━━━━━━━ Market Bias Full liquidity Map ━━━━━━━━━━━━━━━━━━━━━━ 🔥Bullish Reversal Key Volume Zone : 74.30 Area ━━━━━━━━━━━━━━━━━━━━━━ Structure Factors: • Higher timeframe Volume reactio

by Path_Of_Hanzo

CRUDE OIL WILL FALL|SHORT| ✅WTI OIL trading into a premium supply level after bullish displacement, where sell-side delivery may resume as rejection develops, targeting liquidity resting below.Time Frame 4H. SHORT🔥 ✅Like and subscribe to never miss a new idea!✅

by ProSignalsFx

US Oil Breaks Bull Flag as Hormuz Risk Returns WTI is pushing higher after breaking out of a short-term bull flag, with renewed uncertainty over the Strait of Hormuz putting the geopolitical risk premium back into oil. The technical breakout now adds momentum to an already tight supply backdrop.

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by Alchemy Markets

Oil: Retest the VWAP Zone, Then Continuation Down Oil has chances of a continuation down with the trend, after a retest of the week before last's value POC zone and the VWAP. Right now there's a gap at 82.38 - 84.46 and price can, with high probability, balance this zone. We also have a bearish order block here that could give a reaction on a test and not let price higher. But paired with the VWAP and the zone near the week before last's value POC, the area looks pretty magnetic for a retest and a search for balance before further bottom disco

Crude Oil - Bullish momentum - Long opportunity Crude Oil - Bullish momentum - Long opportunity in this moment I'm looking for a brea kof dinamic structure .. if we will have probably we go long to cover the imbalance zone ... waiting the next short

by Phoenix_Club

Natural Gas: support bounce or another rejection?Natural Gas: support bounce or another rejection? 📰 News : Natural Gas remains under pressure as cooler weather forecasts reduce expected power demand for air conditioning. High US production and comfortable storage levels also limit upside. LNG demand is not strong enough to fully absorb supply, so the broader macro picture is still bearish. However, price is now testing the 2.67–2.68 support zone, where buyers are trying to defend the previous low. The next important catalyst is the EIA sto

by ProfessorSingapore

WTI Crude Oil: news flow leaning bullish — the net read WTI Crude Oil did not get one story today, it got several, and they do not all point the same way. Weighed against each other — new against old, and tracking which ones have already faded: ++ WTI Price Forecast: Bulls await sustained move above $78.00 amid supply concerns ++ Asia stocks firm; oil edges up on Gulf morass ++ Indian Rupee drops as oil prices extend recovery, downside seems limited 58 stories were weighed in this window; the 3 carrying the most weight are listed. Net read: +

Crude Oil U.S Oil - Falling Wedge as an corrective pattern in Higher Time Frame - Fair Value Gap - Fibonacci Level - 61.80% / 78.60% - Bullish Channel in Lower Time Frame - Order Block

by ForexDetective

WTI CRUDE OIL — 2H TECHNICAL ANALYSIS 🛢️ WTI CRUDE OIL — 2H TECHNICAL ANALYSIS 📊🔥 📉 Bearish Structure Remains in Control WTI is currently trading around 79.36, with price still moving beneath a well-defined descending bearish trendline. The overall structure continues to favor sellers while the major trendline remains intact. 🎯 Key Order Block / Resistance Zone The highlighted 80.8–82.4 area is an important order-block/supply zone. If price pushes into this region, it could face strong selling pressure. A clear rejection from th

by MarketStrategysignals

CRUDE OIL (WTI): Bearish Move Confirmed Crude Oil will likely retrace from a strong intraday resistance. I see a valid bullish trap and a double top pattern as confirmations. Goal - 77.2 ❤️Please, support my work with like, thank you!❤️

by VasilyTrader