Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

OIL analysis - 9 March 2026 #oiltrading #wti #trading #forexsignals #hometraderclub

10 Mar 2026 · 2 min

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In this market commentary, Vladimir Ribakov explains the dramatic intraday swing in WTI crude oil on 9 March 2026, where prices surged to $120 per barrel before plunging below $90 and reaching the mid‑$80s. He attributes the volatility to two geopolitical triggers: weekend attacks in Iran and subsequent statements by former President Donald Trump that the conflict was “pretty much over.” Ribakov argues that as long as the war persists, the market will remain highly volatile, creating trading opportunities. He outlines a dual‑strategy approach: buying on price drops (bounces to the upside) when key support levels hold, and selling on rallies (bounces to the downside) as the conflict de‑escalates. He emphasizes the importance of monitoring specific price ranges and key levels, while warning that these are risky days despite the potential for profit.

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What just happened with oil prices? The week started with astronomical gap and run to $120 per barrel, just to see the price crashing below $90, reaching $85 and lower during the same day. Why did that happen? The gap started after the crazy attacks during the weekend in Iran and And then Trump said the war is pretty much over. Bam! The price crashed down. And then Trump comes and says in the press conference, the war is almost over. So as you can see, it will twist back and forth, back and forth. And one thing is clear: volatility is here, and so do the opportunities. What do I mean by that? As long as the war is ongoing, and I don't think it is going anywhere, at least on the last couple of weeks. Then as long as these key levels hold, every drop could provide these bounces to the upside. On the other hand, the more positive one, as the war comes closer to the end, rallies could provide some good sell opportunities. And for that, watch out for these levels, this range, and these ranges. As long as they hold, any rally towards them could provide beautiful bounces to the downside. Keep in mind, this is a risky days we are in, but the volatility is there, so do the opportunities.