Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. A bullish scenario is needed, as well as a bearish...
Thursday's OPEC+ meeting became a market-mover event, as members announced that production cuts would be extended in April. This caught the market completely off guard, as OPEC+ was widely expected to raise output by 500,000 barrels per month. Instead, OPEC+ has opted to hold back some 9.2 million barrels from the market each day, until at least the beginning of...
BUY AND HOLD FOR FEW DAYS Stop Loss @ 59 Risk 17%
Evidence of a head and shoulders pattern forming. Already developed shoulder and a head structure. Using FIB Retracement, designed a the first bottom that will decide the supporting line for the price in May 2021
Hi Traders Brent /UK Oil (H4 Timeframe) A high probability, entry to go LONG has formed @ 65.51 after the market found support @ 65.03. Only the downward break of 65.03 would cancel this bullish scenario. Trade details: Entry: 65.51 Stop loss: 65.03 Take profit 1: 67.83 Take profit 2: 69.59 Take profit 3: 72.46 Score: 10 Strategy: Bullish wave LL TF
On 1H & 4H Direction: Upward above 63.14 Target: 65.00 and 67.60 Stop line: under yellow zone ------------------ my last idea about brent oil on 14Feb:
Bulls would be taking profit today from last week's BUY order. Drawing a fib on the daily chart, we are seeing a definite area for price to reverse, however, we are still in a Bullish trend on Oil. We may see an opportunity for a short-term SELL for Bears to enter right around 59.73 . Once Bears take their exit for that short-term order, we can definitely expect...
Hey guys! Happy trading to all. Today in the petro world we have the OPEC-JMMC Meetings which could move the Oil markets, brent, wti and the petro currencies. Based on what I see right now I think WTI has a good chance of going up... We are making higher lows and have a contraction in place. Lets se...
The price trends since 2008 looks like a re-accumulation. The last price collapse was possibly a spring. It was interesting that the test was the lows of December 2008. I expect TVC:UKOIL will find support in the next days. I don't expect a price re-test of $30. In the long run, we can expect the prices above $100, when the price is ready to pass over the...
USA Brent Crude Oil has lost its 55$ channel and falls into 54~55 but the bearish power last week was so strong that I don't think that the chart may go back in its previous channel for now so as the market open as the money flows in the chart goes a lil bit higher but it counts as a pullback and then more corrections so be ware with your assets if you are a...
Oil Short Trade Entry: $53.76 TP & RR: $52.41 Stop Loss: $54.51 REASONS FOR THE TRADE So far Oil has respected the channel and I believe that it is now reaching a point of exhaustion. This upper trendline from the channel is also in confluence with a fairly strong resistance level, so I believe a small pullback is due. The Stop Loss is well above the...
USOIL Long Order Entry: $51.04 TP & RR: $52.49 (2.54) Stop Loss: $50.47 USOIL Short Order Entry: $51.50 TP & RR: $50.01 (4.14) Stop Loss: $51.86 REASONS FOR THE TRADE As you can see I have mapped two potential trades here, but since the first one is Long, that's the center of the analysis here. What we see is an ascending triangle in an uptrend, so I...
Crude is on break out??? It is purely for educational purpose.
Hello. My name is Francois Normandeau. Here is a quick recap of today's trade on West Texas intermediate on the left and Brent oil on the right we can see that we had an entry here on the short term momentum indicator. The close of the trade is when either one of those two indicators leave the by zone. So this happen here at 12:23 p.m. And price was 4828....
Hello. This is a video for ADX-BRIEFING. We have received a confirmation for a short trade on WTI and BRENT. More details on our site. We wish you a good day. François Normandeau. Director of Institutional Research for ADX-BRIEFING TVC:USOIL u
Trade recap for ADX-BRIEFING Sunday, December 20, 2020 Trade closed at 7:20 pm NY time More details in the video. François Normandeau Institutional Research Director at ADX-BRIEFING TVC:USOIL TVC:UKOIL
Hello. My name is Francois Normandeau. This is a trade recap for ADX-BRIEFING. Here is the most important trade of the 2nd half of the week. 70 pips on WTI and 70 pips on Brent. TVC:USOIL TVC:UKOIL Closed over an hour ago and then, we initiated a short position on both markets. We have some profit on this new trade but nothing substantial as of yet. Mode...