Well report No. RR-8700 · T18N · R12W · SEC 18 · filed November 15, 2026

Petroleum MarketsWell report

WTI outlook: seller control $92.42–$93.12, bearish target $70.57

A TradingView contributor's Nov. 14, 2026 WTI chart flags seller control at $92.42-$93.12, buyer control at $85-$87 and a bearish target of $70.57 a barrel.

Field notes

  1. Dated November 14, 2026; published on the BlackBull WTI cash feed by the TradingView contributor keluarga_azhar.
  2. Seller control zone $92.423–$93.121, roughly 70 cents wide, above initial resistance at $91.828 and below higher resistance at $99.932.
  3. Immediate buyer control zone $85.000–$87.000; primary bearish target $72.242–$72.078; lower support $70.565.
  4. A confirmed breakdown below $85.000 on strong selling volume opens a path toward $72.242–$70.565; a sustained breakout above the seller zone weakens the bearish view.
  5. The post carries no rig count, OPEC+ quota, inventory or refinery data, and names no basin, play, refinery or terminal.
FVRP+VFP+IFA
PlateFVRP+VFP+IFA — nicolagiordano / pixabay

A daily West Texas Intermediate price plan published on November 14, 2026 sets a bearish target of $70.565 a barrel beneath a buyer control zone of $85.000–$87.000.

The chart runs on the BlackBull WTI cash feed under the title FVRP+VFP+IFA, a stack of volume-profile and footprint tools. The author behind it is a TradingView contributor who publishes as keluarga_azhar.

The call comes in one sentence: "My current market outlook remains cautiously bearish, with several critical Buyer and Seller Control Zones influencing the next potential price movement." A temporary bullish retracement, the author allows, could still precede renewed selling pressure.

What kind of forecast is this?

One contributor's chart, not an institutional call. No bank, no agency and no operating company appears anywhere in the post, and no physical-market data accompanies the levels.

The author says as much at the foot of the chart: "Educational analysis only. Not financial advice."

Takeaway: read this as a retail technical map of the tape, not as an upstream or downstream forecast.

Where does seller control sit?

Resistance is layered. The first rung stands at $91.828. Above it sits a "Critical Seller Control Zone" running from $92.423 to $93.121, a band roughly 70 cents wide. A third level, $99.932, carries the label of higher resistance.

Support is layered too. The immediate buyer control zone is $85.000–$87.000. The primary bearish target reads $72.242–$72.078, with $70.565 as lower support.

For scale, the distance from $99.932 down to $70.565 is $29.367, which is about 42 percent of the lower support price. Measured from the midpoint of the buyer zone at $86.00, the bearish target implies a 17.9 percent slide, while the $99.932 resistance implies a 16.2 percent climb.

Takeaway: the chart frames $86 as the pivot, with a $15.44 downside path mapped against a $13.93 upside marker.

What has to happen for the bearish case to work?

The condition is explicit: "A confirmed breakdown below the immediate Buyer Control Zone, supported by strong selling volume, could trigger further downside movement toward 72.242–70.565."

Two filters therefore sit between the reader and a bearish confirmation. Price must break the $85 floor, and volume must expand on the break, because the author treats the volume profile as the arbiter of conviction rather than the price print alone.

Takeaway: a wick below $85 on light volume is not a signal in this framework.

What would invalidate the bearish case?

The flip condition runs to a single line: "However, a sustained breakout above the Seller Control Zone could weaken the bearish outlook."

That means a sustained trade above $93.121 erodes the bearish case, with $99.932 the last resistance marker on the sheet. Notably, the post offers no level above $99.932, so the upside map stops where the author's history runs out.

Takeaway: above $93.121 the plan loses its footing, and the chart supplies no further guidance.

How does the author read the tape?

The method is a stated five-part filter: "My analysis focuses on Price Action, Market Structure, Volume Profile, Volume Footprint, and Daily Candle Close confirmation."

The operating rules follow: "Follow Market Structure. Monitor Volume. Wait for Confirmation." Daily candle closes, not intraday spikes, set the daily bias, and the volume profile locates the control zones in the first place.

Note also what sits outside the method: no storage inventory, no tanker tracking, no refinery crack spread and no futures curve. The chart is built entirely from the traded contract.

Takeaway: this is price-and-volume work only, with no physical fundamentals doing any of the lifting.

What the chart does not contain

For an upstream and downstream readership, the omissions matter more. No rig count, no OPEC+ decision date, no pipeline permit, no tank farm turnaround and no refinery margin appear in the post. No basin, play, refinery or terminal gets named at all.

That is no real criticism of a chart note, but it does bound what the piece can claim. The levels describe the WTI contract's own structure, and they say nothing about barrels, differentials or outages.

Takeaway: nothing here speaks to physical oil markets, only to the shape of the cash tape.

What to watch next

The next daily candle close. A close below $85.000 on expanding sell volume keeps the bearish path toward $72.242 and $70.565 in play, while a sustained close above $93.121 shifts the balance toward $99.932.

No permit, no startup date, no OPEC decision and no margin sits inside this post, so the daily close is the only event on the sheet that a reader can actually check tomorrow.

Takeaway: the confirmation to watch is a close, and it must land either below $85 or above $93.121.

via tradingview.com (Source)

Filed under

  • wti
  • oil-price-outlook
  • technical-analysis
  • volume-profile
  • bearish-market-outlook
Share this article:

More from Daniel Okafor

Daniel Okafor

Show full bio

Market editor covering companies, deals and strategy in Oil and gas industry operations and markets at Rig & Refinery.

580 articles

Adjoining reports

« Previous article