Beep beep, beepbeepbeep, beebeepbeepbeepbeeeeeep Brent seems to have afforded a parking assistant, judging by the neat way in which it has entered our white zone between $106.12 and $99.47 to finish wave c in blue and wave (B) in white. We expect it to turn around soon and to head for the next parking lot above $114.74, the green zone between $117.78 and $133.52....
UKOIL LONG - Buy Entry - H4 Chart Buy @ Market Symbol: UKOIL BrentOil Timeframe: H4 Type: BUY Entry Price: Buy @ Market Resistance @ 117.209 Resistance @ 114.778 Resistance @ 111.456 Support @ 105.692 Support @ 104.437 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions,...
Brent has been climbing and climbing and climbing and has actually maxed out the space until $114.74. There, it has finished wave (A) in white, butting its head at the resistance line, and subsequently turned around to move downwards. We expect Brent to drop into the green zone between $106.12 and $99.47 to recover and to complete wave (B) in white. Then, it...
Hi guys! 👋🏻 🔔 Conflicts, military operations, sanctions, COVID seem to be the headlines of 2022 🔔 The bursts of conflicts globally looks so intense that they might be the main drivers of oil prices. 🔔 I really don't think that EU will embargo Russian oil but if they really do, BRENT will hop to $160 easy, which according to the chart here is very possible. 🔔...
Almost the same as what will happen with WTI (USOIL) , Brent (UKOIL) will experience a weekly price correction marked by the Overbought RSI indicator, and with a profit target of $73 in the Demand Zone.
BRENT OIL SHORT TERM AND LONG TERM ANALYSIS. Here in this analysis we have the road map of BRENT OIL. There might be a huge decrease in the price of this commodity be aware of it.
My Oil forecast. Be prepared for a huge move in it. Good trades for everyone.
TRIGGER is required for any arrows on the chart. Please read the below: After my previous sell recommendation, which reached both the first and second target, it seems that CURRENCYCOM:OIL_BRENT will not go beyond $98. So, in terms of breaking and pulling back to $102.5, we can have a buy with the mentioned targets on the chart.
Brent Crude Oil has fallen quite far from its yearly high of $135. That was almost two months ago. Ever since the price crashed down to $100 in less than two weeks from the high, the price has been swinging very nicely between Fibonacci levels. I had done some analysis of that in a previous post. However, today I will be analysing two chart patterns that have...
A break of down trendline, may we see a change in direction of price to the up side. lets buy BLACKBULL:WTI at current price.
Short term trend continues to move lower and based on the bearish engulfing candle on the hourly chart and break of support - I expect further downside to target the swing low from March. Sell at 100.32 with a stop at 102.32 targeting 95.32
Crude prices have erased most gains since the start of the Russian invasion of Ukraine. Lockdowns in China weigh on demand expectations. China’s financial hub Shanghai reported a record more than 25,000 new infections during the weekend. POSSIBLE OIL TRADING STRATEGY: IF YOU ARE BIG RISK TAKER ON DAILY CHART :TAKE THE TREND! DONCHIAN 20,25and30 has been...
We can see a possible down move continuation toward $97.00. After a break and retest.
Prices are approaching a pivot . We see the potential for a bounce from our buy entry at 100.83 in line with 127.2% Fibonacci extension and 78.6% Fibonacci retracement towards our Take Profit at 109.49 in line with 127.2% Fibonacci Projection . RSI is at levels where bounces previously occurred. Any opinions, news, research, analyses, prices, other information,...
USOIL's monthly resistance is playing an important role in all time frames. Even on the higher timeframes, we can clearly see that the price got faked out by breaching the upside with a fake bull run. The following resistance is holding stronger against the bulls while we see strong selling pressure in the 110 price area. I have a decent expectation of a further...
we clearly see that market backed several times upwards from point shown and i think by whe end of this week it will be about 110$ tag. Situation in ukraine also will not affect in oil prices. As Saudi government informed for their partners , price for barrel of oil will be increased sinvce May and it also will have its affect in oil prices (we'll wait for bull...
the USOIL price is in support line. the descending channel & the key level are broken, so i predict a bullish move 🚀 TARGET: 107.850 , 113.220 🎯 if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!