UK Brent Oil
New forecast
The price of Brent crude futures suffered strong losses yesterday, as it broke the level of 82.11 and fell sharply and reached the level of 80.00 and stabilized near it, paving the way for achieving further declines expected during the coming period, and by exceeding the level of 80.00 it will open the way for the price to head...
BRENT CRUDE OIL 1D-TIMEFRAME ANALYSIS 💡
Hello ladies and gentlemen
This is my new idea for OIL
My idea is that the oil will goes lower
Targets
36
32
I hope my idea is clear
Support me by like and share
Good luck 💰💯
We have good pattern to sell BCO.
1 - we have good sell impulse movement 25 february
2 - we have good correction with 6 higher highs.
3 - we have good flat from 27.02 to 1.03
One problem - today is friday so you can catch gap at monday. But position to sell is my prefered.
So lets try to catch profit right now.
Sell at 65.80. SL - 66.88 TP1 - 63.65 and...
Although we are still on the upward trend The price of oil encountered serious resistance in the form of an Ichimoku cloud!
We recommend selling now
Sell Brent
Entry price: 61.45
Stop Loss: 63
Take Profit: 58.75
The big picture is still looking pretty bullish
Based on daily charts , an outbreak above 54 is only a question of time - this month or even january`17 ...
But the short term makes me afraid last 24 hours and even suggests me price pressure even unbtil 48 USD ?!
How ever the short-tmer chart is pretty bearish even under 52.500 BCOUSD
Why ??? Let me shortly...
