BRENT. Levels for intraday trading 16.05.2024

Forex_Hoby Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.

TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1.

Don’t forget to like Rocket and Subscribe!!!
Trade active:
I don’t understand how it happened, but when the idea was published in the English version, one of the levels disappeared. to which they gave a reaction.

It's honestly not a fit. You can go to the Russian version of my ideas posts and check out the Oil idea there. It was published 10 minutes earlier than this one))

Looks like you need to be more careful.

Broker Tickmill

Ежедневные посты с зонами теперь в Телеграмм
Daily posts with zones are now in Telegram

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.