brentoil

SroshMayi

Buy above 53.90 Tp 55.84 tp2 56.97 Sl 53.10

erfanjavadi

brent can tuch 60$ it can chalenge your Patience

SroshMayi

Buy Tp 53.40 Sl 49.80

BullBearMkt

With OPEC agreed for a cut in production, the resultant effect on price has been bullish. In a couple of days, Brent oil likely to touch 56 level which could cause a pullback in price of oil towards 45 circa. Any price rejection for UKOIL from 45 level would likely lead to another rally to 68/70 mark in coming weeks. N.B - Let emotions and sentiments work for...

Ikeben

Hello 😀 price likely to form a continuation Head and shoulder pattern. This is in the 15min timeframe

pullbacksignal Updated 

Trading Signal: There is a Trading Signal to Buy in BRENT OIL. Traders can open their Buy Trades NOW Pullback 49.45 SL 47.9 TP 51.6 TP 53.15 previous trade If you liked our ideas, please support us with your likes 👍 and comments.

pullbacksignal Updated 

Trading Signal: There is a Trading Signal to Buy in BRENT OIL. Traders can open their Buy Trades NOW Pullback 49.45 SL 47.9 TP 51.6 TP 53.15 previous trade If you liked our ideas, please support us with your likes 👍 and comments.

hossyn

Corona vaccination. Biden. Increase shipping. And etc that you now better.

msm67

Brent Crude Oil has formed a diametric pattern and will see the targets which is shown in this analysis.

ThinkingAntsOk

1) Let's start the explanation of our view with the Weekly chart. There are two items to pay attention to. First: We have a broken ABC pattern, also known as Flag Pattern, which is considered continuation structures that tell us about a new impulse coming after the breakout of it. Second: The target is the next resistance zone that worked as a strong supply area...

Joseph_King

An update to this idea > Oil touched the .382 extension and now appears to have completed 5 waves up, bearish divergence on 4H timeframe also. If larger degree 5th wave is completed there could be a healthy correction to come.

macunan

Brent Oil Pennant forming possible trade opportunity

Joseph_King Updated 

Bullish EW idea for oil with a 5th wave coming up to $50+, bullish divergence on the MACD

Joseph_King Updated 

An update to this idea > Possibly still in wave 4 but a more complex correction that could lead to .382 level at $42.73...a break above $45.90 would invalidate this theory and could mean wave 5 has started.

Joseph_King Updated 

Thinking oil is in a 4th wave now after the 1.618 extension was hit at $46.29, maybe it will form a triangle, the .236 level at $44.07 may be hit before a 5th wave towards $48-50.

hamideszfx

Long to target at specific level

POSINEXA Updated 

Here I added a presentation of chart ideas that I previously explained on the previous chart (below). So there is a change, if the price moves upwards, above the price 49.05 (previously priced at 48.42, chart below at Fib 2 right), then the possibility will go up.