Hello everyone!
Traders we do not like to write more.
The prediction of the price you can find on a chart!
Regards, Team Traders "Powerful Traders" brent
The oil price fall today , monday 20 2020 is at the highest for 20 years a whooping 104% drop on US oil will see investors loose 100% on their oil investments.. Fundamentally the USA and other counter parts are lacking facilities to store oil so its prices are dropping to zero and there's no where to go from there except up back to test the trendline so just buy.
I said it with the lines and colors. The field of action is Blue Intersects Red.
Zone X +68%
Zone Z +0
and it all leads to Red P
The red Line IS the UBER ALIS trend
Brent Crude Oil has been dominated by the bears due to the weak fundamentals and oversupply, demand constraint and insufficient OPEC+ agreement. Brent price dipped again after a short euphoria on the OPEC+ agreement reflecting conflicting vision on traders and investors. Having said that, the Technical Analysis reflects the market is re-testing the lower 20s range...
brent is on the key 4H structure.
due to a long term bearish trend and breakout of a minor support on 1H,
I have shorted the retest as the market opened!
my targets
30.2
27.5
stop
34.7
this is the example of the execution of h&s trade,
apply the same rules on gbpusd in previously mentioned setup
🌃GOOD EVENING, PEOPLE!🌃
👇FALLIND OF CRUDE OIL 🛢IN THE MARKET - EXCITED PEOPLE.🤯🤯🤯
📊Let's look at the chart and think, what we will expect of crude oil in the some days and nearest month?📝
For several years, oil successfully formed a triangle, which breakdown in February.📅
I believe, that the price will reach a powerful support level in a few days, and will be...
You will learn the best place where we can trade OIL at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends push the like button if you like the idea - that would be the best THANK YOU.
Thank you for your support, I Love it.
long period of contraction on brent oil.
with a sequence of lower highs and long term bearish trend, the chances are high that market participants are preparing for the next wave to the downside.
pay attention to the underlined horizontal support and sell its bearish breakout!
what is the target? I don't know! No structure on the left! Let's see together...
