BRENT OIL ($UKOIL): Demand For Oil is Back, But is the Uptrend? ✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Brent Oil (UKOIL, USDBRO, OIL_BRENT, BCOUSD) prices are seeing momentum again with Brent Crude forming an uptrend after an ugly start to 2020. Will we continue to see strength for oil, or will the lingering excess...
i think in 5 hours come bears, because Monday to Thuesday close Juny contract and the price must be still low. And for Summer come bulls. What you think guys ?
Brent Oil corrections seems to have completed and maybe ready for another impulsive movement to the north... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Net Buyers Trapped: 15 Cumulative Quantitative Power: 2775 Signal: Sell using the above parameters on the chart.
FX_IDC:WTIWCU : Strong Sell Analysis Method: Fibonacci & Wave Theory To break the Wave Sequence, Oil must get above $22.00. Target: $0.00 Time-frame: <23 Days Will update. FibMarketWatch.com
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. Just follow the video for the update on short trade setup! Analysis: USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some...
Brent Oil may face some selling pressure above 34 which will send the commodity to its mean or below. This down-cycle will most likely determine brent oil medium term forecast N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. Jus follow the video for the update on short trade setup! Analysis: USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some...
In my last post I stated my bearishness because the - seemingly - rejection of >30 levels. Right after the post, a bull run started and we went from low 29 levels to 31.75. A very strong correction indicating market still believes in upside. The momentum stopped exactly at the trendline forming the broadening falling wedge. When reversing, heading down again,...
New to the commodities but it's something I want to focus on more. Just sharing a very short view here: We see a clear rejection of the 30> levels on UK Oil. This is specifically visible on the daily chart, with a bearish 2-bar reversal. This level got rejected, we are in clear downtrend looking at the moving averages, and we closed below 30. Now we are hovering...
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. USOIL showed up some continued growth up to the resistance level held at $27 to $28 price level. Now the price showing up some retest after the breakout on strong ascending channel which where it...
Entered as shown on chart. I consider this an aggressive entry so risk is a little higher. If it moves favorably I will move stop loss on the way.
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. USOIL showed up some continued growth upto the resistance level held at $27 to $28 price level. Now the price showing up some rejection while it has created a very narrow and strong ascending...
Target at around 31 and 35. From the pole.
As was published, the confluence and odds were clear and we got the TP expected.
Possible to reach 200MA or $27.00/ barrel. Next train, please!
Analysis and odds: - Downtrend broken - SMA500 (strong resistant) is turned support - If 1h candle close above 27.84 I'm expecting PA moves to 30.6