BRENT CRUDE OIL - Long-Term As we know, history tends to repeat itself.
Just by observing the current structure, I would dare to assume that another wave of turbulence might be ahead.
Some macro shocks could push oil down to retest the white support zone, or in the case of a “super dump,” even drive prices toward the blue accumulation area.
In any case volatility may increase sharply before the next long-term accumulation begins.
Brent
Weekly Outlook: XAUUSD, #SP500, #BRENT for 20-24 October 2025XAUUSD: BUY 4255.50, SL 4225.00, TP 4410.00
Gold starts the new week at elevated levels: the spot price holds near $4,255 per ounce as markets continue to expect further Federal Reserve rate cuts and as long-term U.S. Treasury yields ease. Ongoing central-bank purchases and a recovery in investment demand add support: diversification of reserves and the metal’s protective role remain in focus, while trade and political tensions between the U.S. and China keep interest in safe assets alive.
Key drivers over the week include the tone of Fed remarks and U.S. inflation releases, the direction of bond yields, and news on global gold flows. Risks for long positions are tied to a slower-than-expected pace of policy easing and a firmer dollar, but steady official buying and elevated uncertainty still shape a constructive fundamental backdrop.
Trading recommendation: BUY 4255.50, SL 4225.00, TP 4410.00
#SP500: BUY 6660, SL 6640, TP 6900
U.S. equities begin the week supported by a move in 10-year Treasury yields below 4% and a heavy earnings calendar. Consensus for Q3 profits remains constructive, and investment in AI and related equipment continues to underpin demand for the largest names. By Friday’s close the benchmark hovered around 6,664; futures point to a neutral-to-positive start while investors watch this week’s macro releases.
The balance of factors favors moderate upside: easing financial conditions, stable profit expectations, and no clear signs of a sharp demand slowdown in key sectors. Counter-risks include softness in some cyclicals, occasional stress in credit, and geopolitics. In this setup, buying on modest dips with tight risk control looks reasonable.
Trading recommendation: BUY 6660, SL 6640, TP 6900
#BRENT: SELL 61.00, SL 61.30, TP 55.00
Brent enters the new week near $61 per barrel. The near-term backdrop weighs on prices: agencies and banks flag faster supply growth in 2025–2026, including as OPEC+ curbs gradually unwind and non-OPEC output rises. At the same time, demand forecasts are turning more cautious amid slower global growth and structural trends such as improved efficiency and transport electrification. Trade frictions between the U.S. and China and headlines on U.S. inventories add to buyer caution.
Overall, the supply-demand balance tilts toward surplus, limiting upside unless fresh supply disruptions emerge. Risks to short positions include sudden outages, signals of deeper OPEC+ restraint, or a quicker-than-expected demand rebound in Asia. The base case is continued downward pressure with brief news-driven rebounds.
Trading recommendation: SELL 61.00, SL 61.30, TP 55.00
Brent Crude Oil – Potential Reversal and Early Recovery Setup#Brent Crude Oil – Potential Reversal and Early Recovery Setup
Current price: $61.08
Brent is forming a potential reversal structure after an extended downward cycle. The short-term pattern shows a breakout attempt from a descending channel, hinting at the possible start of a recovery phase.
🧩 Technical Overview
• After reaching the $60 area, the market found support near previous structural lows.
• Price is attempting to break above the descending wedge, suggesting that sellers are losing momentum.
• The structure now points to a possible mid-term rebound within the broader corrective context.
📈 Scenario
• As long as price holds above $60.00, a recovery move remains likely.
• Stop-loss: below $60.00, under the recent swing low.
• Upside focus:
– $63.00–$63.30 — first confirmation zone (initial reaction)
– $64.70–$66.50 — key resistance cluster and short-term target range
– $67.80+ — extended recovery objective aligned with Fibonacci projections
• A clear break above $63.00 would confirm the start of the rebound sequence.
⚙️ Market Context
• The sell-off from early October appears exhausted, with decreasing volatility and volume on declines.
• Energy markets show early stabilization as broader risk sentiment improves.
• The next move depends on whether Brent can hold above $60 and convert the breakout into sustained momentum.
🧭 Summary
Brent is attempting to shift from a corrective downtrend into a recovery phase.
Holding above $60.00 keeps the bullish recovery scenario active, with targets near $63.00, $64.70–$66.50, and an extended objective toward $67.80.
Failure to hold above $60.00 would invalidate the setup and reopen the path toward new lows.
BRENT OIL BUYWe're looking to take a low probability, -B buy setup. We say low probability because it is a bearish market. But it has been respect lows and demand zones in the discount area of a 15 minute range. So, we like the demand zone that formed yesterday off of a previous successful demand done. We're targeting a Daily FVG.
Brent Crude - The BEAR still rules!Price just can’t catch a break.
We’ve got a broken uptrend, a clear inverse cup and handle, and price trading below both the 20MA and 200MA – the classic “sell the rallies” setup.
As long as we stay under that red downtrend line, the bias is simple: down.
Target sits around $54.68, with momentum showing weakness across the board.
And yeah… we’ll still pay high fuel prices 😒
💸 Fundamental Reasons for Downside
🪓 Demand Destruction:
Global growth is slowing — less demand for oil from major economies. Probably due to an increase in demand for EV or other alternative energy vehicles in the making?
🇨🇳 China Concerns:
China’s recovery keeps disappointing, cutting one of oil’s biggest demand sources.
🪙 Strong USD:
A stronger dollar makes oil more expensive globally, reducing demand.
🛢️ OPEC Uncertainty:
Mixed signals and production inconsistencies are shaking investor confidence.
🏦 Interest Rates Bite:
High rates are squeezing industrial output and travel – both oil consumers.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Stop!Loss|Market View: USDCAD🙌 Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for the USDCAD currency pair☝️
Potential trade setup:
🔔Entry level: 1.39703
💰TP: 1.40349
⛔️SL: 1.39065
"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
👇 In the comments 👇 you can type the trading instrument you'd like to analyze, and we'll talk about it in our next posts.
💬 Description: The price compression toward the 1.39500 resistance area indicates a potential upside breakout. Given the recent breakout of the 1.37305 - 1.38760 accumulation, a more significant upward movement to 1.4, 1.41, and then 1.43 is also expected. A conservative entry would be best looked for after the price immediately closes above 1.39500.
Thanks for your support 🚀
Profits for all ✅
❗️ Updates on this idea can be found below 👇
USOIL continues to decline on oversupply concerns
Oil prices tumbled on oversupply fears as major producers ramped up output. Reuters reported that ahead of the OPEC+ meeting on October 5th, November production hikes could exceed the planned 137,000 barrels per day. The resumption of Kurdish oil exports and prospects of additional supply may further pressure prices.
USOIL extended its decline before consolidating within the 61.50–63.00 range. The death cross of the EMAs points to a potential shift toward bearish momentum. If USOIL breaks below the 61.50 support, the price could retreat toward 60.00. Conversely, if USOIL breaks above the 63.00 resistance, the price may advance toward 65.50.
Crude Oil (WTI) Technical OutlookCrude Oil (WTI) has recently tested a critical resistance zone around $65, showing strong upside momentum after weeks of consolidation. The chart structure suggests a potential bullish breakout, with price action forming higher lows and pressing against a key supply level.
If WTI holds above $65, the next upside targets lie at:
$67.80 – intermediate resistance
$68.98 – major technical level aligned with previous supply
$70.50 – $71.00 – key psychological resistance and prior swing high
A short-term retest of $65 may act as confirmation before continuation toward the $70+ region. Failure to hold above $64.50 could invalidate the bullish scenario and open a move back toward $62.
This analysis highlights institutional order flow dynamics and key liquidity levels, indicating that crude oil may be setting up for a significant directional move. Traders should watch for clean breaks and retests at major support/resistance zones before positioning.
📌 Summary:
Bias: Bullish above $65
Targets: $67.80 → $68.98 → $70.50+
Risk: Breakdown below $64.50
Q4 2025 Oil Market Outlook: WTI and Brent Crude Analysis**September 27, 2025**
## **Executive Summary**
As the global energy landscape enters the final quarter of 2025, the oil market remains delicately balanced between oversupply pressures and persistent geopolitical risks. West Texas Intermediate (WTI) and Brent Crude—two of the world’s most closely watched benchmarks—are trading in a narrow range, reflecting cautious sentiment among traders and investors. This report provides a comprehensive analysis of current market dynamics, evaluates key drivers, and offers a professional forecast for Q4 2025.
---
## **Current Market Snapshot**
- **WTI Crude (as of September 26, 2025):** $65.37/bbl
- **Brent Crude:** $69.72/bbl
- **YTD Performance:** WTI down ~14.8% from 2022; Brent down ~12.3%
Both benchmarks have shown resilience in recent weeks, supported by seasonal demand and inventory drawdowns, but face headwinds from rising global supply and economic uncertainty.
---
## **Fundamental Drivers**
### **1. Supply-Side Dynamics**
- **OPEC+ Production Increases:** OPEC+ has announced a phased increase of 547,000 barrels per day starting in September , with further adjustments planned for October. This marks the final unwinding of the 2.2 million bpd voluntary cuts initiated in late 2023.
- **Non-OPEC+ Output Growth:** U.S. production remains robust at 13.4 million bpd, with additional supply from Canada and Guyana contributing to a projected global surplus of 1.5% in Q4 .
### **2. Demand Outlook**
- **Global Demand Growth:** Forecasted to slow to ~1.1 million bpd in 2025, down from 1.8 million bpd in 2024.
- **Seasonal Trends:** Winter heating demand may offer temporary support, but overall consumption is expected to contract by 230,000 bpd in Q4.
### **3. Geopolitical Risks**
- **Russia-Ukraine Conflict:** Continued strikes on Russian energy infrastructure and renewed sanctions have injected volatility into the market.
- **Middle East Tensions:** Drone attacks and Red Sea disruptions have added risk premiums to Brent pricing.
- **U.S. Tariff Policy:** Aggressive energy tariffs and diplomatic pressure on European allies to reduce Russian imports have further complicated trade flows.
---
## **Technical Analysis & Market Sentiment**
### **WTI Crude**
- **Support Levels:** $62.90, $61.50
- **Resistance Levels:** $66.00, $68.00
- **Trend:** Neutral to mildly bearish; RSI hovering near 50.
### **Brent Crude**
- **Support Levels:** $67.00, $65.70
- **Resistance Levels:** $70.30, $72.00
- **Trend:** Consolidating in a symmetrical triangle; breakout potential remains.
---
## **Institutional Forecasts for Q4 2025**
Institution | WTI Forecast (Q4 2025) | Brent Forecast (Q4 2025)
------------------------|------------------------|---------------------------
EIA | $55.41 | $59.00
J.P. Morgan | $57.00 | $63.57
Goldman Sachs | $60.30 | $63.57
Trading Economics | $62.43 | $67.65
Reuters Poll | $64.65 | $68.20
---
## **Q4 2025 Price Forecast & Rating**
### **WTI Crude Oil**
- **Forecast Range:** $58.00 – $64.00
- **Base Case:** $60.00
- **Rating:** **Neutral to Bearish**
- **Key Risks:** Inventory builds, slowing demand, U.S. shale resilience
### **Brent Crude Oil**
- **Forecast Range:** $62.00 – $68.00
- **Base Case:** $65.00
- **Rating:** **Neutral**
- **Key Risks:** Geopolitical shocks, OPEC+ policy shifts, European demand softness
---
## **Strategic Implications for Stakeholders**
- **Investors:** Expect continued volatility; hedge positions via options and futures.
- **Producers:** Prepare for margin compression; focus on cost efficiency and capital discipline.
- **Policymakers:** Monitor inflationary impacts and energy security amid geopolitical tensions.
---
## **Conclusion**
The Q4 2025 oil market is poised for a cautious and potentially volatile close to the year. While geopolitical risks offer short-term support, the structural oversupply and weakening demand fundamentals suggest limited upside for both WTI and Brent. Market participants should brace for a range-bound environment with breakout risks tied to geopolitical developments and OPEC+ policy shifts.
---
Risk Disclaimer!
General Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. It is important that you understand how Trading and Investing on the stock exchange works and that you consider whether you can afford the high risk of loss.
CRUDE OIL (WTI): More Growth Ahead
WTI Oil broke and closed above a strong rising trend line on a daily.
We see a pullback and a correctional movement now.
I think that growth will resume soon and the price will rise
to 65.55 level.
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USOIL (WTI) Gann & Harmonic Pattern Points to Major Move!🛢️ 🛢️ USOIL (WTI CRUDE) Points to Major Move! ⚡ 📊
💹 Comprehensive Price Action Strategy | September 2025 Edition 🎯
📈 MARKET SNAPSHOT
Asset: USOIL (SPOTCRUDE/WTI CASH)
Current Closing Price: $64.413
Date: September 6, 2025
Market Status: 🔴 Critical Support Zone Testing
🎯 EXECUTIVE SUMMARY
WTI Crude Oil is currently trading at $64.413, positioned at a crucial technical juncture. Our multi-timeframe analysis reveals a bearish-to-neutral bias with potential for a significant reversal if key support levels hold. The convergence of multiple technical indicators suggests heightened volatility ahead, presenting both risk and opportunity for astute traders.
📊 COMPREHENSIVE TECHNICAL ANALYSIS
🕯️ Candlestick Pattern Analysis
The recent price action has formed a Bullish Hammer pattern at the $64.00 psychological support level, suggesting potential exhaustion of selling pressure. This formation, combined with increasing volume, indicates possible accumulation phase initiation.
Key Patterns Identified:
- ✅ Bullish Hammer at support
- ⚠️ Evening Star formation on 4H chart
- 📍 Doji cluster indicating indecision
🌊 Elliott Wave Analysis
Current wave count suggests we're completing Wave 5 of a larger corrective structure:
Primary Count: Completing Wave C of ABC correction
Alternative Count: Wave 4 consolidation before final Wave 5 push
Target Zones:
- Bullish: $72.50-$74.00 (Wave 5 extension)
- Bearish: $58.00-$60.00 (Wave C completion)
📐 Harmonic Patterns
A Bullish Bat Pattern is forming on the daily timeframe:
- X: $78.45 (Recent High)
- A: $61.20 (Recent Low)
- B: $71.85 (0.618 Retracement)
- C: $64.41 (Current Price)
- D: $59.80-$60.50 (Projected - 0.886 XA)
Trading Implication: Watch for reversal signals near $60.00 for high-probability long entries.
🔄 Wyckoff Analysis
Current market structure suggests:
Phase: Potential Spring Test within Trading Range
Volume Analysis: Declining volume on recent decline = Lack of selling pressure
Smart Money Behavior: Accumulation signals emerging
Projected Move: Re-accumulation before markup phase
📊 W.D. Gann Analysis
Gann Square of 9 Calculations:
- Current Price: $64.413 sits on 225° angle
- Next Resistance: $68.00 (270° angle)
- Critical Support: $61.00 (180° angle)
Gann Time Cycles:
- September 15, 2025: Major time pivot ⏰
- September 22, 2025: Secondary cycle completion
Gann Fan Analysis:
- Price respecting 2x1 angle from July low
- Break above 1x1 angle at $66.50 signals trend change
☁️ Ichimoku Cloud Analysis
Current Position: Price below cloud - Bearish bias
Tenkan-sen: $65.80 (Immediate resistance)
Kijun-sen: $67.25 (Major resistance)
Cloud Support: $62.00-$63.50
Chikou Span: Bearish, below price 26 periods ago
📉 KEY TECHNICAL INDICATORS
📊 RSI (14-Period)
Current Reading: 42.5
Status: Approaching oversold territory
Divergence: Bullish divergence forming on 4H chart
Signal: Potential reversal zone approaching
📈 Bollinger Bands
Upper Band: $68.20
Middle Band (20 SMA): $65.85
Lower Band: $63.50
Current Position: Testing lower band
Volatility: Bands contracting - Breakout imminent
💹 VWAP Analysis
Daily VWAP: $64.85
Weekly Anchored VWAP: $66.20
Monthly VWAP: $67.50
Volume Profile POC: $65.00 (High volume node)
📊 Moving Averages Confluence
20 EMA: $65.85 ⬇️
50 SMA: $67.20 ⬇️
100 EMA: $69.50 ⬇️
200 SMA: $71.00 ⬇️
Status: Death cross on daily (50/200) - Bearish medium-term
🎯 TRADING STRATEGY
⚡ INTRADAY TRADING (5M-1H)
LONG SETUP 🟢
Entry Zone: $63.80-$64.20
Stop Loss: $63.40 (-1%)
Target 1: $64.80 (+1.5%)
Target 2: $65.40 (+2.5%)
Target 3: $66.00 (+3.5%)
Risk/Reward: 1:3.5
SHORT SETUP 🔴
Entry Zone: $65.60-$65.90
Stop Loss: $66.30 (-1%)
Target 1: $65.00 (-1.5%)
Target 2: $64.40 (-2.5%)
Target 3: $63.80 (-3.5%)
Risk/Reward: 1:3.5
📈 SWING TRADING (4H-DAILY)
BULLISH SCENARIO 🚀
Entry: $64.00-$64.50 (Current levels)
Stop Loss: $61.50 (-4%)
Target 1: $68.00 (+5.5%)
Target 2: $72.00 (+11.8%)
Target 3: $75.50 (+17.2%)
Position Size: 2% portfolio risk
BEARISH SCENARIO 📉
Entry: $65.80-$66.20 (Resistance retest)
Stop Loss: $67.50 (+2%)
Target 1: $62.00 (-6%)
Target 2: $59.50 (-10%)
Target 3: $57.00 (-14%)
Position Size: 1.5% portfolio risk
🗓️ WEEKLY FORECAST
Monday-Tuesday (Sept 9-10) 📅
- Expected Range: $63.50-$65.80
- Bias: Neutral with bullish undertone
- Key Level: Watch $64.00 support hold
Wednesday-Thursday (Sept 11-12) 📅
- Expected Range: $64.00-$67.00
- Bias: Potential breakout day
- Catalyst: EIA Inventory Data
Friday (Sept 13) 📅
- Expected Range: $65.00-$68.50
- Bias: Trend continuation
- Note: Options expiry volatility
🌍 MARKET CONTEXT & FUNDAMENTALS
Geopolitical Factors 🌐
- ⚠️ Middle East tensions supporting price floor
- 🇨🇳 China demand concerns capping upside
- 🇺🇸 SPR refill discussions providing support
Supply/Demand Dynamics ⚖️
- OPEC+ production cuts extended
- US shale production moderating
- Global inventory draws accelerating
Economic Indicators 📊
- Dollar Index weakening (Bullish for Oil)
- Global growth concerns (Bearish pressure)
- Inflation expectations rising (Supportive)
⚠️ RISK MANAGEMENT
Position Sizing Guidelines 💰
Intraday: Max 1-2% account risk per trade
Swing: Max 3-5% account risk per position
Correlation Risk: Monitor energy sector exposure
Stop Loss Strategies 🛡️
1. ATR-Based: 1.5x ATR from entry
2. Structure-Based: Below/above key S/R levels
3. Time-Based: Exit if no movement in 2-3 candles
Risk Factors ⚠️
- 🔴 Break below $61.50 invalidates bullish thesis
- 🔴 Unexpected OPEC+ policy changes
- 🔴 Rapid Dollar strengthening
- 🟢 Surprise inventory draws
- 🟢 Geopolitical escalation
🎯 KEY LEVELS TO WATCH
SUPPORT LEVELS 🟢
S1: $63.50 (Immediate)
S2: $61.50 (Critical)
S3: $59.00 (Major)
S4: $57.00 (Yearly Low)
RESISTANCE LEVELS 🔴
R1: $65.80 (Immediate)
R2: $67.25 (Daily 50MA)
R3: $69.50 (Daily 100MA)
R4: $72.00 (Major)
💡 PRO TRADING TIPS
1. 🎯 Best Entry Times: London/NY overlap (8-11 AM EST)
2. 📊 Volume Confirmation: Look for >20% above average
3. 🔄 Correlation Trades: Monitor USD/CAD inverse relationship
4. ⏰ Avoid Trading: 30 mins before/after EIA releases
5. 📈 Scale Strategy: Add to winners, not losers
🔮 MONTH-END PRICE TARGETS
September 2025 Projections:
Bullish Target: $72.00-$74.00 🎯
Base Case: $66.00-$68.00 📊
Bearish Target: $58.00-$60.00 📉
Probability Assessment:
- Bullish Scenario: 35% 📈
- Base Case: 45% ➡️
- Bearish Scenario: 20% 📉
📌 CONCLUSION & ACTION PLAN
USOIL presents a compelling risk/reward opportunity at current levels. The confluence of technical support at $64.00, combined with oversold conditions and potential harmonic pattern completion, suggests a tactical long position with tight risk management is warranted.
Recommended Strategy:
1. Primary: Accumulate long positions $63.50-$64.50
2. Alternative: Wait for breakout above $66.00 for momentum trades
3. Hedge: Consider put options if below $61.50
📝 TRADING CHECKLIST
Before entering any position:
- ✅ Confirm volume supports move
- ✅ Check RSI for divergences
- ✅ Verify multiple timeframe alignment
- ✅ Set stop loss before entry
- ✅ Calculate position size
- ✅ Review correlation with DXY
- ✅ Check economic calendar
- ✅ Assess market sentiment
🏷️ *Last Updated: September 6, 2025, 12:54 AM UTC+4*
🔔 Follow for daily updates and real-time trading signals!
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade
⚠️Disclaimer: This post is intended solely for educational purposes and does not constitute investment advice, financial advice, or trading recommendations. The views expressed herein are derived from technical analysis and are shared for informational purposes only. The stock market inherently carries risks, including the potential for capital loss. Therefore, readers are strongly advised to exercise prudent judgment before making any investment decisions. We assume no liability for any actions taken based on this content. For personalized guidance, it is recommended to consult a certified financial advisor.
Brent Crude Breakdown: $61 Next?Structure & momentum
Price completed a three-leg climb into late August but failed beneath a thick supply band clustered around 68.50 → 69.30 and again lower-high’d under 70.80. The last push up rode a rising support line; that line has now broken, followed by two wide-range sell candles closing near their lows—classic momentum expansion after a trendline break. The repeated red “S” clusters over the same band reinforce where offers sit and where rallies have been sold.
Levels that matter
• Overhead supply / invalidation:
First layer at 68.50–68.55 (breakdown pivot), then 69.33, and the stronger cap near 70.78. Acceptance back above 68.55 would be your first caution; sustained closes over 69.33 would neutralize the short and put 70.78 / 72.74 back in play.
• Immediate pivot: 66.73. Price is pressing this prior support; losing it turns the path of least resistance lower.
• Downside magnets / demand layers: 65.79, 64.74, and the deeper 61.98 base. These align with prior reaction lows and liquidity pools where buyers previously defended.
Why the bias is bearish (now)
• Lower high into supply (failed to clear 69s) + rising trendline break = change of character on 4H.
• Momentum follow-through: consecutive strong bearish bodies suggest sellers in control rather than a single news spike.
• Clean downside structure: stair-stepped supports below (66.73 → 65.79 → 64.74 → 61.98) provide logical profit-taking waypoints and reduce the odds of “vacuum” reversals.
Risk catalysts to respect
The chart flags upcoming US energy data windows—inventory releases can create sharp, temporary squeezes against trend. Size accordingly and expect slippage during those prints.
________________________________________
📉 Trade setup (bearish)
• Entry (Option A – continuation): Short on a 4H close below 66.73, or on a minor pullback that rejects 66.73 from underneath.
o Stop: 68.55
o T1: 65.79 (take ~30%)
o T2: 64.74 (take ~40%)
o T3: 61.98 (runner)
o Approx. R:R from 66.73 → 68.55 / 61.98: ~1 : 2.7
• Entry (Option B – sell the rip): Preferable risk if price bounces into 67.90–68.40 and prints rejection.
o Stop: 69.33
o T1: 66.73
o T2: 65.79
o T3: 64.74 / 61.98
Trade management: After T1, move the stop to breakeven. From there, trail above each 4H lower high (or ~1.5×ATR above price) to stay in the trend while protecting open profit. If momentum accelerates through 64.74, tighten the trail to lock in gains on the runner.
________________________________________
Invalidation & alternate path
A decisive 4H close back above 68.55 is your yellow flag; above 69.33 the bearish thesis weakens materially and favors a broader squeeze toward 70.78 and possibly 72.74. Until then, rallies into 68s remain sell zones.
Bottom line: The market has rotated from a rising correction into distribution below 69s, broken trendline support, and is now threatening 66.73. Fading bounces or selling the breakdown targets 65.79 → 64.74 → 61.98 with disciplined partials and a trailing stop.
Brent Crude selling pressure below 6790The Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend.
Key resistance is located at 6790, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 6790 could confirm the resumption of the downtrend, targeting the next support levels at 6500, followed by 6400 and 6330 over a longer timeframe.
Conversely, a decisive breakout and daily close above 6790 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6860, then 6960.
Conclusion:
The short-term outlook remains bearish unless the pair breaks and holds above 6790. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Devon Energy: A High-Dividend Setup Worth WatchingA shale specialist with big dividends, when the price is right.
Devon Energy is a U.S.-based oil and gas company focused on domestic shale production, particularly in the Delaware Basin, one of the most cost-efficient regions. It’s known for paying a “variable dividend”, meaning payouts rise when profits rise, and shrink when oil prices fall.
With its smaller size, Devon is more volatile than oil giants, but also more agile when prices are strong.
✅ Key Strengths:
- High dividends when oil prices are elevated.
- Efficient, low-cost production in the Delaware Basin.
- Strong upside when Brent crude rises.
⚠️ Potential Risks:
- Dividends decrease sharply if oil prices fall.
- More price swings due to smaller market cap and higher sensitivity.
📈 Technical View
As someone who appreciates structure in technical analysis, I have to say: this chart is a gem. Clean movements, clear tops and visually logical price behaviors.
Let me break it down:
From its all-time high in 2008, DVN went through a long downtrend — making a series of lower highs (LH) and lower lows (LL). For over a decade, buyers couldn’t gain control, even for short-term higher highs.
But that changed in 2020.
That rally brought a long-awaited structural shift: a higher high (HH), meaning buyers finally pushed the price above a previous high. The trend reversed, and the sentiment flipped.
Now what?
The stock has done a textbook pullback, a normal retracement after a strong move.
It currently sits at a critical technical confluence zone:
- The 61.8% Fibonacci retracement (often referred to as the “golden ratio”)
- A well-defined horizontal support level
- Structurally healthy trend
- Clear prior breakout
👉 Technically, this is a sound setup: structure + support + healthy trend. If buyers defend here, upside potential is strong.
Regards,
Vaido
This post is for educational purposes only and reflects my personal opinion, not investment advice.
XBR/USD Chart Analysis: Brent Crude Nears Its Lowest LevelXBR/USD Chart Analysis: Brent Crude Nears Its Lowest Level Since Early Summer
According to the XBR/USD chart, this morning (19 August) Brent crude oil price is showing bearish momentum, moving towards its lowest level since early summer (set last week). The key bearish drivers in the market include:
→ OPEC+ policy aimed at increasing production;
→ expectations that negotiations to end the war in Ukraine could lead to the lifting of sanctions on Russian oil exports, which would further expand global supply.
Technical Analysis of the XBR/USD Chart
In our analysis on 5 August, we noted that:
→ Brent crude had fallen to an important support level (marked in blue), which held throughout July;
→ a bearish breakout attempt below the blue support line was possible.
Indeed, in early August the price confirmed a bearish breakout of the blue line, accompanied by signs of rising volatility – the line subsequently reversed its role from support to resistance (as indicated by the arrows on the left-hand side of the chart).
Bears then consolidated their position, continuing to apply pressure and forming a downward channel (shown in red). The question now is whether Brent prices can continue their decline.
From a bullish perspective, there are grounds for demand to strengthen around the key support level at $65.00 (as indicated by the arrows on the right-hand side of the chart):
→ during an attempt to move lower, the chart formed a bullish harami reversal pattern;
→ this level acted as support following the bearish gap at this week’s market opening;
→ yesterday’s long lower shadow highlights aggressive buying activity.
From a bearish perspective, August’s downtrend remains intact – though it may be losing momentum. Note the RSI indicator, which is gradually leaning towards the 50 level (if bears were still firmly in control, it would remain closer to oversold territory).
This suggests that bulls may attempt to seize the initiative and challenge the upper boundary of the descending channel, seeking to offset at least part of Brent’s nearly 10% decline since late July. In this scenario, the $67.40 level – where bears previously demonstrated strong control – could become a critical test of demand resilience.
Tomorrow’s key releases could significantly influence price action: crude oil inventories (15:30 GMT+3) and the FOMC minutes (21:00 GMT+3).
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Brent Could Face Negative Pressure Ahead of Putin - Trump TalkBrent crude is attempting to recover ahead of the scheduled Putin–Trump discussions. A ceasefire agreement combined with the potential return of Russian oil to global markets could have a negative impact on prices. The broader downtrend is still intact, but recent downside momentum appears to have stalled despite multiple OPEC+ production increase decisions in recent meetings.
If the global economy slows due to higher tariffs while OPEC continues to increase output, Brent would typically be expected to fall below $60. However, the fact that prices are holding up may be an early signal of a potential trend change on the weekly timeframe. But for tomorrow, Brent may face negative pressure leading into the talks.
The 68.25–70.70 range is the first major medium-term resistance zone, sitting below the main resistance at the trendline. Unless these levels are reclaimed, the primary direction remains to the downside.
Currently, the 8 EMA has crossed below the 13 SMA (weekly timeframe), which is a sell signal for Brent. The last few signals from this crossover have performed well. A move toward $60 is possible within one to two weeks if the talks produce a ceasefire acceptable to both Russia and Ukraine.
XBR/USD Chart Analysis: Oil Price Declines Towards Key SupportXBR/USD Chart Analysis: Oil Price Declines Towards Key Support
As the XBR/USD chart shows, Brent crude oil has made two significant moves recently:
Last week’s price increase (A) followed President Donald Trump’s intentions to impose tariffs on India due to its purchases of Russian oil. This could have disrupted established oil supply chains.
The price decline (B) may have been driven by both the decision of OPEC+ countries to increase production and reports of a weakening US labour market.
Thus, there is reason to believe that the more than 4.5% decline in Brent crude oil prices since the beginning of August reflects market participants’ scepticism about sustained high oil prices:
→ this has a negative impact on the US economy (JP Morgan analysts raised concerns about recession risks this week);
→ increased activity from oil producers may offset supply chain disruption risks.
Technical Analysis of the XBR/USD Chart
From a technical analysis perspective, Brent crude oil has dropped to a key support level (marked in blue), which was previously active in July. A rebound from this line could happen – in such a case, the price might face resistance at the Fair Value Gap area (marked in orange), formed between:
→ $70.81 – a support level active in late July, which was broken;
→ the psychological level of $70.00.
Attention should also be paid to price behaviour around the $69.00 level (indicated by arrows) – it quickly switched roles from support to resistance, indicating aggressive bearish sentiment. Given this observation, a potential bearish breakout attempt below the blue support line cannot be ruled out.
However, whether this scenario materialises will largely depend on developments in geopolitical risks and tariff agreements.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Brent Crude Sitting at Key Support – 69.20 Hold for a Rebound?Daily Analysis:
Price is holding above the ascending trendline and forming higher lows. Multiple rejections from the 68.00 region suggest strong demand. As long as we remain above the trendline, bulls stay in control.
4H Analysis:
Pullback after rejecting 71.00. Now sitting inside the 69.60–69.20 demand area. Bullish channel is still valid unless we break below 68.50.
1H Analysis:
Price broke the rising channel but is now hovering near key support. Bullish re-entry possible if lower timeframe aligns around 69.60.
Confirmation & Entry:
If we see bullish engulfing or pin bar at 69.60–69.20, this could signal a long setup back to 71.00. Invalidated on clean break below 68.50.
Brent Oil H4 | Heading into a swing-high resistanceBrent oil (UKOIL) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 70.39 which is a swing-high resistance that aligns closely with the 78.6% Fibonacci retracement.
Stop loss is at 71.90 which is a level that sits above the 127.2% Fibonacci extension and a swing-high resistance.
Take profit is at 66.39 which is a swing-low support.
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Brent Crude Oil loss of support now resistance at 7050Key Support and Resistance Levels
Resistance Level 1: 7050
Resistance Level 2: 7130
Resistance Level 3: 7220
Support Level 1: 6800
Support Level 2: 6700
Support Level 3: 6590
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
CRUDE OIL (WTI): Your Trading Plan Explained
Do not forget that today we expect Crude Oil Inventories data
release - it will be 10:30 am NY time.
Ahead of this news, the market is testing a significant daily support cluster
that is based on a rising trend line and a horizontal structure.
You signal to buy will be a bullish breakout of a minor intraday
horizontal resistance on a 4H.
4H candle close above 66,5 will be your confirmation.
A bullish continuation will be expected to 67.6 then.
I suggest waiting for the news release first and then check how
the market prices in the news. If our technicals align with fundamentals,
it will provide an accurate setup.
Alternatively, a bearish violation of a blue support will push the prices lower.
❤️Please, support my work with like, thank you!❤️
Could OIL Slide to $60? a 5% Drop Might Be on the Table? Hey Realistic Traders!
Price action is weakening. Will USOIL find support or slide further?
Let’s Break It Down..
On the 4H timeframe, oil has formed a double top pattern followed by a neckline breakout, which is a classic sign of a potential shift from a bullish to a bearish trend.
This breakout was confirmed by a break below the bullish trendline, accompanied by consecutive bearish full-body candlesticks that reinforce the bearish momentum. Afterward, the price formed a bearish continuation pattern known as a rising wedge, which was followed by a breakdown.
The combination of bearish reversal and continuation pattern breakouts signals further downside movement and confirms the shift into a bearish trend.
Therefore, we foresee the price forming lower lows and lower highs toward the first target at 63.21, with a potential extension to the close the gap at 60.73.
The bearish outlook remains valid as long as the price stays below the key stop-loss level at 69.66.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: This analysis is for educational purposes only and should not be considered a recommendation to take a long or short position on USOIL.
"UK Oil/Brent Heist Plan: Thief Style Breakout Strategy"🛢️💣 "BRENT Energy Heist Plan 💸: The Thief Trader's Playbook to Rob the UK Oil Market!" 🔫📈
🚫 This is a creative and educational overview of a market strategy. It does not encourage illegal activity. Please trade responsibly and within your own risk tolerance.
🌍 Hola! Bonjour! Marhaba! Hello, Money Makers & Market Thieves! 🤑💰📊
Welcome to the Thief Trading Style — a unique, bold, and tactical approach to trading the UK Oil Spot (Brent) market like a pro bandit on Wall Street. We don’t chase the market… we set the trap, wait, and strike like skilled robbers at the vault. 🔓💼
🧠💡Game Plan Summary:
📌 Asset: UK Oil Spot / Brent
📌 Style: Day Trade / Scalping
📌 Bias: Bullish Breakout
📌 Thief’s Method: Layered DCA Entries, Breakout Setup, Swing-Based SL, Aggressive TP
🎯 ENTRY - “The Vault Break”
🚨 Codename: Break & Retest Mission
Wait for a clean breakout above the Moving Average Wall (around 70.500) followed by a retest confirmation. That’s your green light!
✅ Buy Stop Entry: Above 70.500 after a clean candle close & retest.
✅ Buy Limit (Pullback): Near recent swing low or 15–30 min timeframe zones. Use DCA or order layering to reduce risk.
📌 Tip: Set up alerts at the breakout level — never miss the move.
🛑 STOP LOSS - “Escape Route”
🎙️ "Yo, Thief Rule #1: Plan the exit before the entry."
📍 SL suggestion: Swing Low @ 64.000 (based on 2H structure).
🧠 Risk management is key – consider your lot size, margin, and how many layered orders you're stacking.
📢 Optional: Trail that SL once price moves in your favor — lock your loot!
💸 TAKE PROFIT - “The Clean Getaway”
🎯 Target: 72.200 — but don’t be greedy. If the market gets shaky, exit before the cops (sellers) show up!
📌 Be ready to close manually if you smell reversal.
🔍 Fundamentals & Macro View
UK Oil is experiencing strong bullish momentum, driven by:
📰 Geopolitical tensions
🛢️ Supply-demand imbalances
📊 Positive sentiment & institutional flow (Check COT, Macro Outlooks, and Sentiment Reports)
👉 Stay updated with news drops and macro data that can flip the script — set economic calendar alerts.
⚠️ News Release Survival Tips
❌ Avoid new entries during high-impact news.
✅ Use trailing SL to protect running trades.
🔄 Monitor position sizing — volatile swings can eat your equity.
💥 SUPPORT THE CREW!
If you’re vibing with this Heist-Style Trading Analysis, smash that ❤️ Boost Button on TradingView and join the growing crew of market robbers making money with precision and attitude! 🏆💰📈
🚨 More Heist Plans coming soon — follow for real-time setups & updates!
📌 DISCLAIMER:
This analysis is educational and based on personal trading style. Always DYOR (Do Your Own Research), and tailor trades to your own risk profile. Markets change fast — stay agile and sharp! 🧠💼






















