Oil: A Volatile Playground with Measured Long OpportunitiesOil is an adventure for the faint of heart—gaps on openings and sharp moves are all part of this instrument. Perhaps only natural gas is more unpredictable.
Nevertheless, I currently see a decent opportunity to go long, with a fairly tight stop at 65.20—today’s low.
On the hourly chart, the price
About CFDs on Brent Crude Oil
The Brent Сrude oil was originally produced from the Brent oilfield in the North Sea. About 2/3rds of all crude oil contracts around the globe include Brent Сrude oil, making it the most popular marker. Its relatively low density and sulphur content are the reasons why it’s described as light and sweet. One of the advantages is transportation since this type of oil is waterborne. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum and has a UKOIL ticker symbol.
Brent Oil Setup: Pre-Talks Correction ScenarioBrent Crude OIL ( FX_IDC:USDBRO ), over the past two months, has been rising due to escalating tensions in the Middle East and the potential for conflict between Iran and the U.S. If these tensions materialize, global oil supply could be impacted—especially given the significance of the Strait of Ho
OIL What will happen given the tensions?Brent crude oil should reach around 70 dollars, and in my opinion, with rising tensions in the Middle East, it could even hit 80 dollars. There are two scenarios, and both would lead to higher oil prices. The first is that the United States might block Iran’s oil exports, which would push prices up.
#UKOIL - Double bottom, aiming $95Hi guys! 👋
🔔Brent crude has been in a prolonged corrective phase since the 2022 highs, but price action now suggests a potential trend reversal from a well-defined long-term support zone.
🔔 The market has twice defended the $58.7 level, forming a clear double bottom structure and signaling seller
This oil does not show a good outlook...This oil does not show a good outlook???
It may be due to the policies of seizure (you read theft) of oil wells, and after the seizure of oil, we had up to 3 times the price in history, which has become expensive to cover the costs of shameless war by killing children and men and of course women in
Brent Crude Oil (UKOIL) — H4 Formation of an ABC Structure + ChaBrent Crude Oil (UKOIL) — H4 Formation of an ABC Structure + Channel Breakout (Trend Continuation)
🔎 Market Structure (H4)
On the H4 timeframe, Brent is forming a corrective ABC structure, and price is attempting a breakout through the channel boundary, which supports a continuation of the broader
Brent Oil | Conditional Long Into Macro Week🛢🛢🛢
Brent is pressing against the upper boundary of a long-term descending channel. Momentum has picked up, but the market sits ahead of high-impact macro events: US CPI, FOMC rate decision (likely to remain unchanged), and PMI data later this week. These events could either confirm the breakout or
Brent uptrend continuation pattern developing supported at 6583The BRENT crude oil remains in a bullish trend, with recent price action showing signs of a consolidation within the broader uptrend.
Support Zone: 6583 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 6583 would confirm ongoin
Brent Crude Oil Wave Analysis – 2 February 2026
- Brent Crude Oil reversed from resistance level 69.50
- Likely to fall to support level 64.25
Brent Crude Oil recently reversed from the resistance area located between the pivotal resistance level 69.50 (which has been reversing the price from September), upper daily Bollinger Band and by the 6
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.









