Hello traders. I expect the price to end in a triangle, then we have to wait for the correction, which can reduce the price to $58. Are you agree?
INTERESTING AREA... HOW MUCH PUSH DOWN WILL IT GET... CAN'T WAIT TO SEE THOSE MASSIVE LOWS AGAIN. Trading oil during those times was a monster. Beautiful lows. Taught lessons never experienced before. Now that free margin has been figured... swings won't aggitate as much with proper capital. These things happen in a #Flash out of nowhere... spreads are...
After a drop to $69.28 per barrel Brent crude prices quickly rebounded to the upside on Wednesday touching $74.57. And there are several fundamental and technical reasons for it.First, gas prices in Europe skyrocketed to $180 per MWh for ICE Dutch TTF January gas futures on Tuesday, or by 22.7% in a single day. This lift off of gas prices also pushed crude prices...
Brent oil now make a big retest but if the price can break 71.60 then will start to down, so now we have a big chance to stay at buy, by the technicals chart, (technically) ——— Tendency: upward Entry: 73.00 Tp.: 75.30 & 77.77 & 79.10 Sl.: stable under 71.10
Hello everyone, if you like the idea, do not forget to support with a like and follow. Oil is consolidating on 57$ to 61$ region for the last days, not much is happening but opportunity's are everywhere. First of all what is consolidation ? Consolidation is generally market indecisiveness, which ends when the asset's price moves above or below the trading...
~Stabilized above 67.60 will get 71.44 ~Stabilized under 67.40 will get 63.14 and then upward
Brent Crude looks like it needs a retracement after its stellar recovery. On the weekly chart we can see that its overbought on all three signals. Oil producers need the price to stay above roughly $40 a barrel. In a controlled environment with limited exogenous impacts the price of oil should stay above $40 a barrel. That being said, $70 a barrel isn't going to...
whenever oil price breaks 69.78 we should see a bullish movement toward the primary target which is 71.80 and above .
i think oil will keep rise and touch 69.7 and by entering that zone bears will mostly invade the market and pull it down to 68.40 levels and maybe even bellow. i may update this chart Monday stay tuned.
As seen on the 4h chart there is a possible rising wedge formation. traders must wait for the reversal bars. I welcome comments and likes. thanks in advance. .......................................................................... Disclaimer: The given information on the chart and comments are not a Financial Advice. Be carefull abaut your risk assessment and...
OIL_BRENT SEEL TP_38.37_15.07%_6.81pips_SL_46.47_2.86%_1.29pips
Are we seeing clear divergence between the price of Brent and the 14-day RSI over last couple of months? Check out my video and let me know what you think? With the recent double-top, I'm thinking there's got to be a strong case for a Sell position here...
Hello, Traders, BRENT is close to breakout an ascending triangle after a couple of days of accumulation. The entry point is on the breakout or pullback. Be Careful with SP500. Please like this post and comment. You are welcome to follow us on our social networks.
Hi everyone. My analysis done for my main timeframe 5m. I start from higher timeframes and move down to lowest m5. Futures contract for Brent crude , London exchange ICE 08-20 My trading is based on market phases. For timeframes m5: Buy after breakout on the test of level 36.35, target 36.96 Sell 35.16, target 34.35