Hi Traders BRENT-DEC21 (4H Timeframe) The market is in an uptrend and we are waiting for an entry signal to go LONG above the 84.65 resistance level. Only the downward break of 82.16 would cancel the bullish scenario. Trade details Entry: 84.65 Stop loss: 82.16 Take profit 1: 85.97 Take profit 2: 88.32 Take profit 3: 92.15 Score: 8 Strategy: Bullish Breakout
Fuel crisis in UK giving rise to an inverse head and shoulders structure. Looks like BRB, Breakout, Retest and Bullish continuation
BRN1 okay we are triggered in lets see what happens with that order that got activated and the OB kiss
okay guys what we are looking here is a series of many possibilities which may take place ,we got an OB , FVG , HH (DOUBLE STRUCTURE KISS) also known as double top, a trendline kiss while may take place inline with the weekly OB..it just my view using what i know on this business.
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the price is in the yellow circle and get ready to fall.. it might be zigzag in the circle as last movement but its streght reduced possible movements and targets have shown on the chart
bullish for oil in september + q4. china buying coming back probably see $80-$85 oil by EOY
Expecting a move down to 60, especially if supply is maintained, price wouls remains under 65. Which is likely to happens since price is printing bearish candles on heavy supply. If would show supply weakened while not breaking under 65., could expect a retracement back to 70.
Oil is going to boom like it never has before, we're going to see oil top $200+/barrel. This will be the result of several interacting factors. Many soon-to-be vaccinated Americans with government stimulus in their pockets will the hitting the road for epic vacations in the coming months. The entire population has cabin fever, thanks to year-long pandemic...
Similar extreme price activity in Oil. One has to wonder if sometimes, the mood of one market has been transferred to others. It seems to have been a volatile emotional day all round. The difference in price behaviour on the day however, is that Oil has so far not seen any of the recovery equities achieved. While Goldman Sachs has just come out with a $90...
Let's see if the wave can extend, it might be that where we are right now is about the limit of where we go on this stage of the rally
Above the lower line, you need to be long targeting the upper line. At that upper line you can sell it all