Hola Traders, This is our Excellent master plan to Heist Bullish side of Crude oil barrels. My dear Looters U can enter at the any point above the green MA pullback area, Our target is Red Zone that is High risk Trap area. Put Stop loss in recent swing LOW. Dear Robbers we can steal oil barrells and finally sell in the commodities market then make money and take...
Daily - looking good for longs. gap down today looks good for the bias continuation but I will be much keen to enter longs if we get a deeper pullback. Origin - **90.31** is the level I am looking for. once that gets cleared, I can enter long position. before that happens, it will be better if we get another pullback to start of month AVWAP or even lower to...
Looking forward to entering Long on BCOUSD after NFP today. Am not too eager to enter, if it happens, its good. If it doesn't happen, I am fine too, since today is Friday, and I have to hold my positions over the weekends. I am used to holding trades over the weekends, however I prefer the weekdays. Therefore, when Mondays roll around, I thank God its...
Overview: Get ready for a potential uptrend continuation in UKOIL! Our charts are painting a picture of bullish sentiment, and we've got the technical set-up to back up our next big move. Technical Analysis: On the 1-hour chart, we've noticed a dip into the golden Fibonacci zone – a classic area of interest for bulls to jump in. It’s an optimal entry spot for...
Been going through Uk100 and turns out that my research reveals that the Sellers have already taken the control . I will see how it goes. Happy trading.
UK Brent Crude is looking poised to climb higher to test the 2023 high of $95 per barrel. Technically, the commodity is overbought on the RSI indicator so a pullback and test of the blue support range around $87.50 seems like the next likely move. Additionally, the 50-day MA has now crossed above the 200-day MA which is another strong indicator for a sustained...
Hi I have posted an idea about UK oil a few weeks ago that tried to show bearish market is not finishes yet but I never insist on my ideas and for now there is a considerable doubt about it I need to share it with you as an alternative. Just let to break out green static support and then purple channel to decide about bull positions.
10cbH 261 Based on continuation for idm zone Failed on brent but taken on crude Jump into it to early targeting ibm zone Hidden with combination of 10 structure with 261 was never a good setup in the 1st place.
The BCO/USD chart reveals a bearish divergence ; despite higher price highs, the CCI shows lower highs, signaling a potential reversal. Additionally, the CCI's presence in an overbought zone suggests the pair might be peaking. April's monthly pivot at 85.66, like March's, remains untouched —a notable point for traders. This untouched pivot, combined with our...
30cbS 261h1 Pullback imb Ep price at 89.30 Entering below Highest at 89.66 Chicken out There is another level sharp at 89.60 60cbS from previous day Not recovered MM✓
40cbH 261h1 Continuation imb rbs Ep price is at 87.8-7 Still fomo perhaps
Brent Crude Oil Prices for April, 2024: $89.019, $88.024, $88.459 will be the next low. $90.956, $90.585 follow by, $91.109 = New support $91.279 $91.467 $91.850 Execution Price = $91.70 $91.850 $92.255 $92.553 Distribution Price = $93.662 Expect a big drop as if you switch to 1D timeframe the distribution price, $93.662 will create a bearish...
UKOIL rebounded from the support level and broke close above the channel. The market descending channel is just a pullback on the 4-hourly chart, so it makes sense to buy the market. We expect a bullish move to potentially break out of higher highs. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Brent Oil Price Reaches Its Highest Since October 2023 The Brent oil chart today shows that the price has exceeded USD 89 per barrel — this is the highest level since the end of October 2023. Reasons for strong demand for oil: → The OPEC+ meeting ended this week. Exporting countries maintained their policy of limiting oil production unchanged. → Ukrainian drone...
Monthly chart. We can see that the kijun line has slightly crawled into the cloud, but the candle opened above the line. Usually this pattern can develop like this, it does not have an immediate impact for the price to go under the cloud. We see the Tenkan line sailing higher and we see a very meaningful trading range of ~$105-$120. Without vouching for...
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...