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. 🔔...
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.
Oil may be in a reversal now or going through corrections as the markets get use to the the Russian Invasion in Ukraine. I don't believe that US and NATO will be successful at imposing oil embargo sanctions on Russia. Therefore I am bearish and will be shorting oil etfs.. Give me a thumbs up if you enjoyed this TA, PS. Disclaimer I’m not a certified financial...
UKOil Brent LONG - Buy Entry - H4 Chart Buy @ Market Symbol: UKOil Brent Timeframe: H4 Type: BUY Entry Price: Buy @ Market TP - Major Resistance @ 121.460 TP - Major Resistance @ 115.075 Major Support @ 106.786 Major Support @ 105.385
Right now the price has reached to the top of the descending channel and also an important resistance level; BUT this movement from channel bottom to the top was very aggressive. So we have to wait and see the reaction to this Level and because of that I will not take any positions for now.
Brent is looking good, and seems to have stabilised. I think we are good to do BUY now. target 1 = 75 target 2 = 80.
The course is very busy surging to old highs. We expect Brent crude to push gains towards areas around $90.88, before relaxing a bit. However, this should not last long as we see the price reach heights of above $96 in the mid-run. A good outlook!
Yes, the oil market is as bullish as it gets. Therefore, we are sharing our trading zone here. We expect the price to fall in this area and soar from there! Happy trading!
SNIPER STRATEGY CFDs on Brent Crude Oil 1D TVC I warn you again this strategy is unable to predict pullbacks but it will pay off at the end of the road Start Believing Something Magical will happen
The general trend in daily time seems to be declining. But now it seems to be a good place to enter the hourly time. The new support level seems to be broken and the return to the new resistance level is complete and it is time to fall.
Oil ended the week on 64 zone Probably it will be consolidating Between 65-64 Strong bearish pressure, no sign of reversals yet Will update after next structure
Dear traders: U.S. oil drops as much as 8% to below $70 as OPEC prepares to boost production. Whenever oil prices crash, the digital economy destabilizes. it seems reasonable that the two (Oil, BTC) assets’ price movements would only be marginally related: why? 1- oil is becoming ever more connected with the demand side of the global economy (demand:...
Brent came down exactly as expected yesterday with EIA results not giving much reason for further increase. Formed a wedge during teh fall, expect price to retrace to around 72.3 today. nice quick opportunity there.
I've been bullish on FX_IDC:USDBRO ever since it traded above its 200EMA. Bought few contracts, rode the trend from $43 to $69. Last week Brent closed above $71, looking back, this was/is an area of value. Now that the price is above $71, I'm bullish once again, targeting the $85 region, with a stop below the 50EMA.
As regards the oil market, we are still waiting for the bears to fight back and pull the price under $64.56 and $60.26, respectively. By doing so, they’ll enable us great entry chances for the upcoming bullish run which we expect to reach way above $80 in the longer run. Only a premature breakout above $71.36 would make us change this scenario. Keep trading!