brent

Yuriy_Bishko

If the price will break the Key Level I will open Buy. The GAP is almost closed. I told you about it for a long time before. The main reason for buy is the bullish trend and slowly approaching the level with small ATR candles. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!

VasilyPonomarev

WTI is trading on a key weekly structure. from July the market is becoming weaker and weaker. to clarify the future market direction we need to wait. if you are bullish biased the best strategy is to wait for a WEEKLY violation of the underlined structure to the upside. then the price will most likely continue...

ThinkingAntsOk

Main items we can see on the chart: a) The price has been comprising for almost a month (yellow lines) b) After the compression, we saw an initial breakout c) Currently, we have a clear correction above the previous correction d) From a technical perspective, we are observing a flag pattern (white channel) e) If the white channel (flag pattern) is...

ForecastCity

Midterm forecast: . While the price is below the resistance 45.00, beginning of downtrend is expected. . We make sure when the support at 36.95 breaks. . If the resistance at 45.00 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 43.315 on 2020-06-08...

Joseph_King

Update on below idea; maybe wave 4 is finished now, or a still correcting, hard to say.

ivan_gold_star_

💸 Friends, we hope the graph is clear, which is more likely to happen. Risk / return ratio at excellent levels. Unfortunately links and names where we trade can not be placed, as the administration blocks all posts, but we think you can easily find us if you want in social networks! 👉 And the most important! Please remember that any bet can lose, and invest no...

Nakamura_official

as you can see on my chart, the price of oil each time approaches the resistance level of $ 43.5, creating accumulation as part of an uptrend to go up with breaking through the resistance level, previously there was a double top option, but this double top turned into a more growing one picture, I expect a break through the level of $ 43.5 with an increase of up...

Mastermind89

FIbo , S,R, MA

Yuriy_Bishko

The price shows us two additional waves. I'm still think about a huge probability that it will continue to rise more and close the GAP level. Share your visions in the comment field. If you agree with me let me know it ;) Thanks for all your support!

DeniSpaev

Brent Sell

MountainTraderFX

Oil is approaching an important horizontal structure, which gives a good probability of a retracement from it. Thus, our target trade is short. Trading plan: 1-if the diagonal support breaks>> 2-short with entry in the area outlined on the chart. 3-SL is ABOVE the dotted line....

TheSignalyst

On DAILY: CRUDE OIL is sitting around a strong resistance zone in green and filling the GAP so we will be looking for objective sell setups on lower timeframes. on M30: CRUDE OIL is testing a supply zone in green and forming a channel in red (not valid yet) so we are waiting for a new swing to form around our lower red trendline to consider it objective and sell...

ZhdanTrader

Hi everyone. My analysis done for my main timeframe m5. I start from higher timeframes D1, H1 and move down to lowest m5. Futures contract for Brent crude , London exchange ICE 09-20 My trading is based on market phases by Wyckoff. For timeframes m5: Buy on the test of level 43.40, target 43.80 Sell 42.80, target 42.40 Trading on m5 timeframe.

ZhdanTrader

Hi everyone. My analysis done for my main timeframe m5. I start from higher timeframes D1, H1 and move down to lowest m5. Futures contract for Brent crude , London exchange ICE 09-20 My trading is based on market phases by Wyckoff. For timeframes m5: Buy on the test of level 43.80, target 44.15, target2 44.50 Sell 42.80,...

Mastermind89

Phenomenal runup potential

Joseph_King

As posted by a fellow EW technician Aibek a little while ago on Brent, WTI looks to be forming an ending diagonal. The lower trendline has been hit and there is bullish divergence on 4H timeframe (the same divergence that kick started the move from $39 to mid $42) so the 5th and final wave could have already started. The 0.618 extension of wave 2/3 is at $43,07...

aibek

This is the updated map. Could be an ending diagonal in wave 5 to complete the first impulse up It goes in line with the big map (see related) and also my forecast that price should fill in the gap occurred when Saudis started price war this March

ForecastCity

Midterm forecast: . While the price is below the resistance 44.55, beginning of downtrend is expected. . We make sure when the support at 36.95 breaks. . If the resistance at 44.55 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 43.315 on 2020-06-08...