Long Brent OilSee what todays price action brings, if close above 80 with positive momentum, take long ~87. See price reaction here, , either get out or play till next level ~97. OLongby KarmanDeLangeUpdated 1
UKOIL in the future will reach this target ?now its trading out of the big wedge formed over the past years maybe its just an idea Longby Dr-Ali-Odabi1
Crude Oil Futures ( CL1! ), H4 Potential for Bearish DropTitle: Crude Oil Futures ( CL1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 90.671 Pivot: 86.655 Support: 81.047 Preferred case: Looking at the H4 chart, my overall bias for CL1! is bearish due to the current price crossing the Ichimoku cloud, indicating a bearish market. If this bullish momentum continues, expect the price to continue heading toward the support at 81.047, where the 23.6% Fibonacci line is. Alternative scenario: Price may head up to the resistance at 90.671, where the 61.8% Fibonacci line is. Fundamentals: There are no major news.Shortby Genesiv110
BCO Potential Rise to recent swing highLooking at the H4 chart, my overall bias for BOC is bullish. Expecting the price to retest at the overlap support level. Looking for a pullback entry at 8353.2 where the 50% Fibonacci line is. Take profit at 8672.6 where the recent swing high is, and stop loss at 8208.8 where the 61.8% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website. Longby Rockqet332
UKOIL LONG UPDATE we entered this trade ,we have seen a W pattern being formed, we expect price to break that trend line and continue upwardsLongby Kagaayi_BryanUpdated 1
BCOUSD Potential for Bullish Rise | 16th February 2023Looking at the H4 chart, my overall bias for BCOUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 86.888, where the recent high is to ride the bullish momentum. Take profit will be at 90.439, where the overlap resistance and 61.8% Fibonacci line is. Stop loss will be at 83.853, where the recent low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.Longby Rockqet1
UKOILPrice has bounced from the Order Block it has also bounced from yesterday low Price has also created triple bottomsLongby Kagaayi_Bryan1
UKOIL BRENT CRUDE OIL SELLThe oil is in liquidation which allows us to take a short from here or top and run the trend. so be careful with the entry.Shortby Fred5102222
CRUDE OIL BUY#Brent crude oil - M30 📣 With the breaking of the neutral rectangular ceiling in the range of 87.00, it is possible to buy with the target of 88.20. SL: 86.00by FOREXIR6
Insiders buying oil?Is insiders buying oil behind some big movement? We dont know for moment its just a warning signal of probably higher prices for oil!by diegotrader99880
UKOIL <WAVE5> LONGHello According to the wave count done in the oil chart, the price is at the beginning of wave 5 And also according to the flag pattern formed at the end of the price path, it can be said that the analysis is logical. Pay attention to the updates:(Longby SIGNOLLUpdated 224
DeGRAM | UKOIL divergence UKOIL is approaching a confluence level: psychological number of 87.00 and a Fibo level. The market shows divergence, and if price closes below 86.00 by printing a double top , then we can look for a selling opportunity.. We anticipate a trend continuation trade if sell opportunity presents itself. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM8817
Brent Crude per Monthly ChartCurrently trading at historical high. Recent long low wicks suggest buoyancy. A determined break above highs of recent monthly candles might see a good long trade.OLongby Bazroshan1
BrentOil analysisHi BrentOil traders, We think BrentOil will be in short in the coming days ... Contact us for more informations or analysis or recommendations... Team @TradeItDB Good luckShortby TradeItDB222
Uk brent oil Xbrusd Uk brent oil(xbrusd) is in range in 15m time frame, if break and closed below 84.60 then we will see a move towards 83.50 or further down 83.10.Shortby Pkfxtraders0
Brent long term viewIn my view Brent is moving in a falling wedge formed by a strong bearish move . Current rebound will stop @97$ where bearish main trend will resume to target 60$ area then bullish long term trend will restart to new ATH area @165-180$by mpd2
Brent cup and handleIn my view we could see a 4$ correction to 82$ area and resume the bullish trend with final tp 97/98$by mpdUpdated 2
UKOIL H4 20% CORRECTION setup SHORT/HOLD(NEW)(SL/TP)Why get subbed to me on Tradingview? -TOP author on TradingView -2500+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! UKOIL H4 20% CORRECTION setup SHORT/HOLD(NEW)(SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: UKOIL H4 chart review ::: chart is LOG SCALE ::: setup still valid expecting ::: 20% gains final TP BEARS ::: continuation setup strong DOWNTREND ::: NOTEWORTHY compression Rising Wedge ::: expecting a STOP RUN near 89 USD/bbl ::: cycle low for oil market at 60 USD/ bbl ::: BEARS maintain strategic control ::: 89.50 BEARS get ready to SHORT/HOLD ::: from overhead resistance / 3 drives ::: BEAR CYCLE not over yet ::: DO NOT BUY yet into BEAR MARKET ::: lower highs 96.50 // 91.50 // 89.50 ::: SHORT rips/rallies and get paid ::: 20% gains conservative TP BEARS ::: WAIT for rips/rallies and SHORT IT ::: recommend to SHORT/HOLD ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: N/A fresh demand zone ::: N/A fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BULLS / MORE GAINS ::: Sentiment outlook mid-term: BEARS / SUPER CYCLE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Shortby ProjectSyndicateUpdated 282884
OIL-BRENT UPDATE Monthly time frame Hello traders as I wrote in my last analysis about Oil Brent I forecasted a small uptrend and then a big downtrend for OIL ( Based on end wave 5 and completion of a Shark Harmonic Pattern 0.886 Fibo ratio ) But today because of fundamental situation I consider a second scenario for OIL and it is the second Fibo ratio for Shark pattern and it is 1.13 and it is a price zone 141 and also 22th March is still an important day for Oil Based on my Financial Astrology analysis ( maybe it is a day that downtrend will start ! )OShortby Amirhosseinbahrami7899Updated 444
Short uk oilGood opportunity to short at 84.3 for the target of 79 this is just an N shap Shortby suryanshdadhich900
Brent Tests Multiple Crucial Lines and Levels to Target $90Brent oil (UKOIL) is traded near the very critical line of the EMA-100 (the orange area line) on the daily chart. Also, Brent is testing the important Fibonacci level of 38.2% of 87.32 along with the 3/1 line of Gann Fan. A breakout above these lines suggests a new bullish move for Brent price toward the green shaded area that has a bottom of 91.60 (a crucial support level) and a top of 95.29. The levels of 100.34-99.52 would be the next bullish target if a new breakout above 95.29 and the 4/1 line would occur. On the flip side, a clear rejection of the EMA-100 and 3/1 lines may invalidate the previous bullish hypothesis and would suggest a further decline toward the red area that consists the 8/1 line, the level of 80.99 and the bottom level of 78.36. Note: log scale is used in this chart. (I would appreciate any feedback on the Gann Fan drawing in this chart.)Longby SamerHaUpdated 225
UKOIL : Price Is Still Moving Down as ExpectedUKOIL : Price Is Still Moving Down as Expected Yesterday during the TradingView Live stream I explained all the reason why OIL should move down and also the potential reversal zone. As we can see the price moved down since yesterday from 86 to 82. Also today the price broke down the structure and it created a new low. The price may continue to move lower again after any small correction. Thank you and Good Luck!Shortby KlejdiCuniUpdated 202029
DeGRAM | UKOIL descending channelUKOIL is trading in the descending channel. The market is making shallow pullbacks and sharp bearish moves. The price tested the psychological and resistance level of $83.00, then dropped. The market formed a tweezer top pattern. We anticipate a bearish continuation trade. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM8815