UKOIL "BRENT" Market Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist UKOIL "BRENT" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
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Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Brentlong
BRENT - Interesting buy zone!Hello everyone!
we're turning bullish on BRENT!
- Here's my view on BRENT :
- We have liquidity.
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.ù
stay cautious.
That's why I see GOLD rebounding in the zone and dropping!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
BRENT - Interesting buy zone!Hello everyone!
we're turning bullish on BRENT!
- Here's my view on BRENT :
- We have liquidity.
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.ù
stay cautious.
That's why I see GOLD rebounding in the zone and dropping!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
BRENT - Interesting buy zone!Hello everyone!
we're turning bullish on BRENT!
- Here's my view on BRENT :
- We have liquidity.
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.ù
stay cautious.
That's why I see GOLD rebounding in the zone and dropping!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Crude Oil - Buy Zone!Hey there!
I'm selling on WTI: (Second trade)
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We have an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We are with the trend.
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
UK Brent Oil 4H :Retest and then rise upUK BRENT OIL
New forecast
The price perfectly fulfills my last idea and reached to our first target +285 pip .
The price of Brent crude oil contracts has made new attempts to penetrate the 89.55 level and is finding it difficult to exceed it, waiting for a strong positive incentive that will contribute to pushing the price to exceed this level and confirm the opening of the way for a rush towards our new positive targets that start at 91.00 and extend to 92.52.
Therefore, the emerging scenario will remain valid and effective due to the poor situation between Israel and Palestine. keeping in mind stability above 89.55 represents a preliminary condition for the continuation of the expected rise, as trading under that area it will put pressure on the price to decline again to the previously broken level 86.93 so now it is possible to do a negative correction and then we will see bullish waves .
The expected trading range for today is between support 86.93 and resistance 89.55 .
Be careful because of the war between Palestine and Israel, we may witness unexpected movements .
support line : 86.93 , 85.32
resistance line : 88.38 , 89.55
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Oil Brent - H4\D1Oil Brent
The nearest target is at 96.00 in continuation of the 5th wave on D1
H4 - there was a fixation behind the correctional channel and a 3-wave structure may form, which may indicate continued movement up the trend.
What to expect now?
Expectation of breaking through the level - 89.25, locally the target is 91.40 - 94.88
When opening a position, it is best to exit the position from the level of 86.47 - 85.66, if this scenario does not materialize.
Long
Targets 89.98 - 91.40 - 92.75 - 94.88 - 96.00
Oil Brent - H4Oil Brent
The ABC correction structure has come to an end - You can observe an impulse rebound after the fall, which could lead to further growth and the 5th wave on W1
The nearest target is at 95.90
What can you expect now?
You can consider entering from current price levels, but reduce the risks. Or wait for the breakdown of the level of 88.90
When opening a position, it is best to exit the position from the level of 83.30, if this scenario does not materialize. You should be careful, since the first wave is impulsive and the correction to this wave may be stronger than it is now.
Targets 92.40 - 94.50 - 95.90 - 97.90
BRENT OIL ( UK OIL ) LONG term Trade AnalysisHello Traders
In This Chart UK OIL HOURLY Forex Forecast By Forex Planet
today UKOIL analysis 👆
🟢This Chart includes_ (UKOIL market update)
🟢What is The Next Opportunity on UKOIL Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
Brent - H4\D1Brent crude oil
The channel is closed and consolidated, which allows us to expect a continuation of the upward movement towards the target of 96.14 (discussed in the previous analysis).
What can you expect now?
You can consider an entry from a breakdown of the level of 93.27.
In the case of a local movement, we can also expect a correction to the levels 92.17 – 91.83 and the opening of a position. When opening a position, it is best to exit the level of 90.23 if this script is not implemented.
Targets 93.84 – 95.04 – 96.14
BRENT OIL ( UK OIL ) LONG term Trade AnalysisHello Traders
In This Chart UK OIL HOURLY Forex Forecast By Forex Planet
today UKOIL analysis 👆
🟢This Chart includes_ (UKOIL market update)
🟢What is The Next Opportunity on UKOIL Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
Brent \ Oil - AnalysisOil Brent
MN - The price has broken through the trend line at 87.51, which may indicate the beginning of an upward movement.
W1 - We are observing a retest after the triangular formation and a breakout of the level of 87.51; for the price to move further upward, it is necessary to wait until the price consolidates at this level, which will open up the possibility of moving to the level of 108 - 125
If the price does not fix at the level of 87.51, we can expect a continuation of the downward movement with a target to the 71 price level
What can you expect now?
When moving up, the nearest target is 99.34
When moving down, the nearest target is 81.64
Long
Targets 99.34 - 108.94 - 125.09
Medium term - targets 92.34 - 94.87 - 99.34
Short
Targets 81.64 - 76.52 - 71.27
Medium term - targets 85.40 - 83.79 - 79.81
Brent Crude just gave my first buy signal since March 2022TECHNICALS:
We’re looking at the daily chart of Brent Crude oil.
We can see since March 2022, the price has indeed tanked from $136 down to $71.
During that time, we can see it’s formed a large Descending Triangle pattern.
This is generally a pattern which also forms what looks like a falling triangle.
The selling is stronger than the buying. And this is what brings the price down.
The $71 price however, is the crucial support (floor level) that’s been holding since 2021.
Each time it touches this level, the price tends to bounce back up.
Recently, the Brent Crude price has broken up and out of the Descending Triangle. This tells me the buyers are back and so is demand for the market.
The first target will be half way between the Descending Triangle’s high at $100.
Once we break that psychological $100 mark, I’ll be sure to send you the next prediction for Brent Crude.
FUNDAMENTALS:
It’s been a long and depressing time for the black gold commodity.
We’ve seen the price drop from $135 down to $71.00, over the last two years.
But now, Brent Crude is stealing the limelight.
With the impending oil shortages to the soaring global demand – the trend is finally changing.
In this article, we’ll go through the three main reasons why I expect Brent
Crude to rally back to its $100 mark.
Reason #1: The big shortage of oil
A key driver of why Brent Crude is ready to rally, is due to the recent prediction by the International Energy Administration (IEA).
They have stated there is an imminent oil shortage.
In fact, the IEA has warned the shortage in oil will materialize in the second half of 2023.
We could see demand potentially outpace supply by around 2 million barrels a day.
Also, Saudi Arabia, who is the world’s biggest crude exporter, has said it will prolong its reduction in oil production by 1 million barrels per day into August 2023.
This extension has followed from their sudden decision to reduce an additional million bpd for July.
Then we have Russia and Algeria who will also lower their August output and export levels by 500,000 bpd and 20,000 bpd.
And so, based on this, we’ve seen oil prices rise by over 5.29%.
This scenario leads me to believe oil prices are likely to climb for the following reasons:
1. Supply Disruption
First, with Saudi Arabia deciding to cut production, they are limiting the amount of oil available in the market.
When there is a lower supply, there is a ride in demand. And this puts upward pressure on oil prices.
2. OPEC Influence on other members
We know Saudi Arabia is a leading member of OPEC (Organization of Petroleum Exporting Countries).
And when they make a decision, this often sways other global oil markets to follow along.
This can result in other OPEC+ members to decide to cut their production.
And this lower supply, and increased demand will help increase the price of oil.
Reason #2: Goldman Sachs makes its prediction
Goldman Sachs has also spoken.
It has lifted its forecast for Brent to $95 a barrel, by the end of the year.
And raised its price prediction to $100 for 2024, based on the oil output change.
Brent Crude Oil: Potential for a further corrective move higherCurrent price remains below its 40 week moving average (200 days) which indicates that the longer term trend is lower (100 days or more), however, the scope for a further near term (25 to 50) corrective upside rally from the November high - December low remains on the table, provided the key resistance near $85.05 can be overcome for prospective extension move towards the $91.66 (50% retracement from the 52 week high/low); downside risk seen near the $78.3 support.
BRENT CRUDE OIL BULISH PATTERNDemand for crude oil is expected to rise after a cold wave hit USA, which will likely increase the demand for oil distillates, easing of the COVID measures in China and US crude oil inventories coming up less than the analysts have had expected.
British crude oil benchmark, BRENT, had broken the resistance of the triangle pattern, a strong bullish predictor, and the price might reach levels of 87.5 in the next couple of days. In an event of reversal of the trend, the price might reach levels of its previous low of 75.35
RSI and MACD both are confirming the bullish outlook, with MACD histogram above 0 and rising and RSI rising as well and approaching the 50 neutral line.
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Brent: Christmas Miracle ✅🎄We're finally seeing green! After waiting the whole year for Brent to reach the green target zone between $77.10 and $42.16, our British friend finally came through! We're expecting the course to sink a bit further to finish off green wave before heading back North above the $80.79-mark.