Brent oil prices look ready to roll-over, here is whyOil is setting up for a potential drop of over 4% if key support breaks, with a deeper move possible if global weakness continues. This video shows you the exact levels to watch and how to trade the move using technical and macro analysis.
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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 Update: Correction Completion and Growth OutlookUpdated the medium-term structure on Brent oil TVC:UKOIL FX:UKOIL ICEEUR:BRN1! NYMEX:CY1!
Currently, I see several scenarios for market development:
🥇 Base Scenario:
Correction unfolds as an A-B-C pattern, where wave C took the form of an Expanding Ending Diagonal (eED).
Although th
"UK Oil Spot/ BRENT" Energy Market Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "UK Oil Spot/ BRENT" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long e
Test of 70 before the Slog?Approach to 70 with good liquidity.
A lift in sanctions on Russia could yield a 4h swing towards the downside and low test if supply reports follow in tandem.
Effects of Tariffs will cool off gradually as talks have yet to begin between US and China, but keep volatility moderately elevated.
Con
Potential Decline of Brent Oil Price to $50 in the Near Future.Brief Overview of Events and News Explaining the Potential Decline of Brent Oil Price to $50 in the Near Future.
➖ Increased OPEC+ Production:
On April 3, 2025, eight OPEC+ countries unexpectedly decided to accelerate production increases, adding 411,000 barrels per day starting in May. This dec
Analysis of the BRENT chart with expectations for 2025-2026◽️Technically, all conditions for the completion of the second wave correction have been met, and now quotes can be safely reversed up. However, current events in the global economy do not yet provide grounds for confidently asserting this. Locally, the price may still be driven down to $50 per barr
Brent Crude INTRADAY bearish below 6533The price sentiment for Brent Crude Oil remains bearish, in line with the prevailing downtrend. Recent price action shows an oversold rally, which has stalled near a previous consolidation zone around 6533 — a key resistance level.
Key Resistance Level: 6533
This level marks a previous intraday con
"UK Oil Spot/ BRENT" Energy Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "UK Oil Spot/ BRENT" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short en
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Displays a symbol's price movements over previous years to identify recurring trends.