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Brent Crude Oil

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Brent Crude sideways consolidation capped at 6579The Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the longer term support, suggesting a temporary relief rally within the downtrend. Key resistance is located at 6579, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6579 could confirm the resumption of the downtrend, targeting the next support levels at 6330, followed by 6247 and 6184 over a longer timeframe. Conversely, a decisive breakout and daily close above 6579 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6635, then 6694. Conclusion: The short-term outlook remains bearish unless the Brent Crude price breaks and holds above 6579. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by Trade Nation
2
Brent Bullish Flag ? The Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the longer term support, suggesting a temporary relief rally within the downtrend. Key resistance is located at 6579, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6579 could confirm the resumption of the downtrend, targeting the next support levels at 6330, followed by 6247 and 6184 over a longer timeframe. Conversely, a decisive breakout and daily close above 6579 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6635, then 6694. Conclusion: The short-term outlook remains bearish unless the Brent Crude price breaks and holds above 6579. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by Trade Nation
1
UKOIL⬆️ Buy Entry: 63.4500 ⏹️ Stop Loss: 61.6500 *️⃣ Take Profit-1: 65.1500 *️⃣ Take Profit-2: 66.7700 🔠 The Brent crude oil forecast suggests an attempt to test the support level and the lower boundary of the internal descending channel near 63.4500. Further growth is expected with a target above 66.0000. A test of the trend line on the relative strength indicator (RSI) will support the asset's price growth. The Brent price rise will be interrupted if the price declines and consolidates below 62.0500 on Chart 4H, which would signal a continued decline below 60.0000.
FX:UKOILLong
by FXTradingOnLine
UKOIL H1 | Bearish Momentum BuildingBased on the H1 chart analysis, we can see the price rise to the sell entry, which is a pullback resistance, and could drop from this level. Sell entry is at 64.43, whichis a pullback resitance. Stop loss is at 65.10, whichis an overlap resistance. Take profit is at 62.99, which aligns with the 78.6% Fibonacci projection and serves as a pullback support. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TRADU:UKOILShort
by Tradu
Brent Oil Spot H1 | Bearish Drop OffBased on the H1 chart analysis, we can see that the price has rejected off the sell entry, which is a pullback resistance and could drop from this levle to the take profit. Sell entry is at 65.10, which is a pullback resistance. Stop loss is at 656.94, which is a swing high resistance. Take profit is at 63.70, which is a pullback support that aligns with he 38.2% Fibonacci retracement. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TRADU:UKOILSPOTShort
by Tradu
UKOILSPOT H4 | Falling Towards 50% Fibonacci SupportBased on the H4 chart analysis, we could see the price fall towards the buy entry, which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to the upside. Buy entry is at 63.02, whichis a pullback support that lines up witht the 50% Fibonacci retracemnt. Stop loss is at 61.88, which is a pullback support that is slightly below the 61.8% Fibonacci projection. Take profit is at 65.61, whichis an overlap resistance. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com/eu ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TRADU:UKOILSPOTLong
by Tradu
Brent Crude bearish continuation at 6579 resistance The Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the longer term support, suggesting a temporary relief rally within the downtrend. Key resistance is located at 6579, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6579 could confirm the resumption of the downtrend, targeting the next support levels at 6330, followed by 6247 and 6184 over a longer timeframe. Conversely, a decisive breakout and daily close above 6579 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6635, then 6694. Conclusion: The short-term outlook remains bearish unless the Brent Crude price breaks and holds above 6579. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by Trade Nation
UKOIL H4 | Bullish Bounce OffBased on the H4 chart analysis, we can see that the price is reacting off the buy entry which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to the upside. Buy entry is at 63.40, which is a pullback support that aligns with the 38.2% Fibonacci retracement Stop loss is at 62.64, which is a pullback support that aligns witht he 61.8% Fibonacci retracement. Take profit is at 66.51, which is a multi swing high resitance. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TRADU:UKOILLong
by Tradu
UKOIL H1 Bearish Reversal Forming at Key ResistanceUKOIL is rising towards the sell entry, which is an overlap resistance and could reverse from this level to the downside. Sell entry is at 65.05, whic is an overlap resistance. Stop loss is at 65.77, whic his a pullback resistance that lines up with the 138.2% Fibonacci extension. Take profit is at 53.84, whic is an overlap support. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TRADU:UKOILShort
by Tradu
UK OILBrent Oil (UKOIL) remains supported by both technical and fundamental strength. With geopolitical tension and strong demand, buyers continue to dominate. The chart shows clear bullish structure — higher lows forming and momentum building toward the next resistance zone. If we see a confirmed breakout above $xx.xx, the next target could be $xx.xx–$xx.xx. Trend remains bullish unless price closes below $xx.xx support. #Brent #CrudeOil #Commodities #Energy #PriceAction This Is Not Investment advice
TVC:UKOIL
by Al-Reshad
Brent Downtrend continuation below 6435 resistanceThe Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the longer term support, suggesting a temporary relief rally within the downtrend. Key resistance is located at 6435, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 6435 could confirm the resumption of the downtrend, targeting the next support levels at 6160, followed by 6110 and 6023 over a longer timeframe. Conversely, a decisive breakout and daily close above 6435 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 6500, then 6570. Conclusion: The short-term outlook remains bearish unless the Brent Crude price breaks and holds above 6435. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:BRENT
by Trade Nation
Max bat Brent crudeThe obvious pattern is the max bat an hybrid pattern, gartley/bat. The image on screen gives max bat fib ratios. The most crucial part of analysis is the price action from around early April. The red circle is around the heaviest volume candles. The fractal/ swing low candle has affected price ever since with multiple touches top of candle body as support and resistance. With price now approaching lower boundaries of candle body we appear to be at a crucial juncture. The gold lines are round numbers 75 and 60. I think 90 is a reasonable target from here. Long.
OANDA:BCOUSDLong
by frequencyshift