At this stage, the market is not trending. Instead, it appears to be compressing inside a range, which often precedes a liquidity sweep before the next directional move.
Looking at the structure, the chart suggests that the market may first hunt liquidity below current price levels before deciding the next trend.
Chart Structure
The recent price action shows a clear sequence:
• strong bullish impulse
• sharp correction
• accumulation phase
• current compression near equilibrium
This type of structure often leads to a liquidity grab before continuation.
Key Levels
Major resistance
100 – 101
This area previously acted as a strong rejection zone and sits inside the premium range.
Equilibrium zone
94 – 96
This is where price is currently trading, meaning the market is balanced between buyers and sellers.
Liquidity support zone
90 – 91
Below current price lies a clear liquidity pool where several technical elements align:
• previous market structure
• Fibonacci 0.618 retracement
• prior consolidation
Because of this confluence, the market could logically move down to sweep liquidity around $91 before any strong reaction.
Scenario I’m Watching
My primary scenario looks like this:
95 → liquidity sweep toward 91 → buyer reaction
If buyers step in from that zone, price could rotate back toward:
97 → 100
However, if $90 breaks with momentum, the next liquidity pocket sits significantly lower around:
82 – 85
But I’m also paying attention to the macro situation.
With the current tensions between Iran and the U.S., especially with Trump involved again in the political narrative, oil can become extremely unpredictable. One headline is sometimes enough to move the market several dollars.
That’s also why I decided to focus on Bitget CFDs for this trade. Since they trade 24/7, it allows me to stay reactive and manage the position even when traditional markets are closed.
In this kind of geopolitical environment, staying flexible and cautious is just as important as the technical setup.
Final Thought
For now, WTI appears to be in a compression phase inside the range, and the next move will likely be triggered by a liquidity sweep.
The $90–91 zone is the key area to watch.
Do you think
Or does the market push directly back toward $100?
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
