Recently, Brent oil will start the strongest final fall.
As you see there are a lot of different movements, but the most powerful are after the accumulation inside the Triangle. Now I can suggest a good trade opportunity after the price will cross the border. Potential profit will be 5 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your...
UKOIL reversed off its resistance at 31.12 where it could potentially drop further to 28.66. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Oil (May 11, 2020) It is currently sideway and it is likely that there is a triangle iv of wave (iii).
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...
What’s your view guys
UKOIL possible head and shoulder on daily frame. Short for now and minimum for a week, then be ready to the moon
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
UKOIL/USOIL idea I expect continued growth to the level of 34-35. A symmetrical triangle has formed - a trend continuation pattern.
NASTGASUSD good move today, may go down again as the pattern completed.
Use this as a guide to develop your view of the situation: Main ítems we can see on the 4hs Chart: a) We have 2 descending trendlines, one has been broken, and the other one isn't b) In general, after a structure is broken, we should expect a correction or a retest of that broken structure c) In this case, we will wait for a correction with similar...
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,...
Brent crude benchmark could drop in wave 5 down into the blue box target area. The wave 4 could be over already as it emerged within a huge double three WXY. The wave Y is larger than W already.
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...