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
And so, oil is definitely on a strong rise and opening sales can be very, very risky business. But the situation that has developed suggests that the oil can adjust and then may be further go up again. For this scenario, the price needs to dive below the 73.55 level. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Price is facing bullish pressure as it continues to hold above the ascending trendline support. We could potentially see a bounce at our 1st support level at 72.44, which is in line with our 50% Fibonacci retracement and 61.8% Fibonacci extension and a further rise towards our 1st resistance level at 76.24 which is in line with our horizontal swing high and 100%...
Again time to long UKOIL. Two weekly neutral candlesticks that broke above high, bullish flag on higher timeframe and finally broken rectangle are signs of strong uptrend. Risk- reward is so logical, So, dont hesitate and trade this. Have a good week fellas.
And so, oil is at a key point. However, oil is expected to fall to 70$. There is a strong support zone at this level. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Price is facing bullish pressure as we could potentially see a bounce at our 1st support level at 71.28, which is in line with our 23.6% Fibonacci retracement and 23.6% Fibonacci extension and a further rise towards our 1st resistance level at 76.12 which is in line with our horizontal swing high and 127.2% Fibonacci extension . Our bullish view is further...
Hello Traders, this is my idea for TVC:USOIL . Post your idea/analysis below for discussion. Thank you all for your support. For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
In our last analysis, we were short Oil and looking for prices below around the $60 level. Price action has been really clean for Oil and we are within a descending channel anticpating another drop. Looking for a strong bearish move to break the ascending trendline before jumping in this trade. Targets: First TP: $62 Second TP: $58 Goodluck and as always trade safe!
Trend Analysis The main view of this trade idea is on the 15-Min Chart. The consolidation in Brent Crude Oil over the last couple of days has produced 2 chart pattern setups, a Rectangle as well as a Reverse Head and Shoulders. Resistance for the Rectangle is around the 72.50 price level while support is seen at the 70.85 price level, which is also the Head of...
This is weekly Closing Bell (previously Market Wrap). Here readers can view price of particular securities at market close ending week 3rd September 2021. Commodities (3rd September 2021): Gold (XAUUSD) – Close price = 1827 USD Silver (XAGUSD) – Close price = 24.716 USD WTI oil (USOIL) – Close price = 69.20 USD Brent oil (UKOIL) – Close price = 72.42 USD ...
USOIL rebounded from its recent low 2 days ago to over 67 USD today. This retracement from 61.76 USD is pretty significant as price soared above 65 USD price level which acted as siginificant support before the selloff. We mentioned in our previous post that if WTI oil manages to hold above 65 USD this would be particularly bullish developement for it. In recent...
Price is facing bullish pressure as it continues to hold above the ascending trendline support. We could potentially see a bounce at our 1st support level at 71.28, which is in line with our 23.6% Fibonacci retracement and 23.6% Fibonacci extension and a further rise towards our 1st resistance level at 76.12 which is in line with our horizontal swing high and...
I was waiting for that moment for so long. Finally Crude Oil broke a rising parallel channel, confirming the strength of the underlined yellow structure resistance. Now I expect a further decline to 65.9/62.0 levels. If you missed the entry, consider the occasional retest. ❤️Please, support this idea with a like and comment!❤️
Bear is finally awake. If opec resumes production as planned, low demand and fed tapering talks should keep oil low. GL
And so, OPEC is going to discuss some adjustments in oil production. This was stated by the Minister of Energy of Kazakhstan Nurlan Nogayev on Tuesday. Certainly, on such days, the market expects increased volatility. On the chart, the price is in the sell-zone, thus, it is expected that the price will still correct to 69.95 and 67.35. Remember, there is no place...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Monitor Price Action, Enter based on Confirmation.
And so, oil has shown good growth over the past week. Despite this, the rapid rise to the resistance line of the downtrend channel provokes sales. It is probably be difficult to continue to grow further. Weakening buyers at current prices may push the instrument down even to this year's low. Remember, there is no place for luck in trading - only strategy! Thanks...
TVC:UKOIL TVC:UKOIL We will se a good move