CFDs on Brent Crude Oil
Crude oil market analysis Yesterday, we laid out more than 85.50 crude oil single meat, today we continue to find more single opportunities, 85.50 today is also the opportunity for long to get on the car, crude oil short-term to see that it has the need to repair, back can continue to layout, now the size of the trend of crude oil is all bullish, short-term back...
Crude oil market analysis Crude oil we have been insisting on bullish, whether it is the daily line or short-term 1H is a rising trend, yesterday back to 80.50 to complete the support of the back step, today the bulls will continue to impact the suppression of 82.40, crude oil in this wave of repair did not change the direction of the cycle, back step is the...
Oil is not looking good on the chart, i'm still shorting it unless $83,83 is taken out. All major indicators are bearish for oil.
😔Unfortunately, in recent days, there has been a war between Israel and Palestine, and I hope that this war will end as soon as possible.🙏🙏🙏 🧐Now, how can the effect of this war show itself in the oil chart❗️❓ 💡At the same time, as geopolitical tensions increase throughout the Middle East , oil prices are likely to rise even more. Meanwhile, US Strategic...
Technical Analysis: WEEKLY BEAISH Daily Bearish 4H Bearish In the chart above I have highlightened the trend, the Bear and Bulltraps. We have falling Highs/falling Lows. A bullish pullback signs eveytime low volume and low volatility that is the evidence of bulltraps caused by oil companies(and big speculators) The oil companies have also their own trades who...
A PICTURE ISAYS MORE THAN 1000 WORDS! A weaker dollar Friday was supportive of energy prices. Crude prices also moved higher after Friday's stronger-than-expected U.S. Apr payroll report eased concerns that the U.S. economy is headed for recession. REALLY!? WELL ,the economic data reflecting the past, but not current events, and the price is always...
OIL STRATEGY POWER SELL Already predicted the Fall of ENERGY and Oil months ago. Crude oil prices edged lower Monday, extending a two-week slide in which macroeconomic concerns and signs of weakening refined product demand have outweighed a surprise supply cut made by some OPEC+ members on May 2. A group of large oil producers led by Saudi Arabia said Sunday...
Brent Crude Oil : Multiyear(2015-2022) inverted Head and Shoulders triggered at the beginning of this year. Price broke the major downtrendline and subsequently iH&S neckline at 87 (lime) and then skyrocketed to 138. Now pulling back down to the neckline. We could actually see the backtest of the major downtrendline and dip into the S/R Zone 76-68. This would be...
Price is testing an upward resistance trend with a right shoulder formation This formation will likely fall back to the downward channel, and bounce strongly off this, forming the right shoulder This inverted H&S can be compared to a previous price action zone (in green)
Hi fellow traders, Brent crude oil is completing the flag correction in WXY formation. We can look for downside from here. Target 90 area. Goodluck!
as you can see the oil price has broken through the trendline and has retested. on a higher timeframe it can be seen that the oil price is making a new LH. this gives a certainty factor for breaking the fibo level 0.618. when this will break we will reach prices towards the 77.5/78 show me your win in the comments
Brent oil will almost rise to $ 83 due to the break of the resistance level of $ 75 and the upward trend.
Presented is a 1 hr chart analysis leaning towards a sell off. We are retesting our top resistance area of 70.00. With immediate volatile action in this zone sentiments a sell off. $70 a barrel seems to be our top target reversal. I have 2 take profit targets of 68 and 66.50. Price action is consistent with oil making these targets ever more accurate. RSI and...
Above was forecast for oils movement to retest 65. The forecast was spot on and was done so by correlating RSI and MACD playouts while mapping the key support zones. This will be a detailed explanation of this simple strategy. I am heavily relying on this strategy as the market has been all over the place and creating roadblocks for traders. To start I...