Light Crude Oil Futures
UKOIL - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Sel UKOIL Entry Level - 82.162 Stop Loss - 85.198 Take Profit - 77.623 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
UKOIL : 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...
My Dear Friends , Here is my todays forecast on UKOIL BIAS: Bearish ENTRY: 82.479 TARGET: 79.061 STOP LOSS: 84.111 ——————————— WISH YOU ALL LUCK
OIL : Price Is Testing A Critical ZONE The price has been trading below 88 since mid-November 2022. Over the last week, we can see that it is finally testing 88 again and it seems that this area turned into very strong resistance and decisive for the new direction of the price. If the price manages to break 88 this time, it will find more buyers to support...
UKOIL rebounded from the bearish trendline on the daily chart. Price was pushed back twice. Look left. Price action printed a double top, and it created the same pattern as before. 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...
In my view we could see a 4$ correction to 82$ area and resume the bullish trend with final tp 97/98$
Brent 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...
Brent accomplished the climb above the $86.06-mark and should continue to rise to finish the blue wave . Once completed, we see the course heading for a steep downwards slope to dip right into the green target zone between $77.13 and $42.20. Within the target zone, we expect the Oil to sink further to end the blue wave around the $62-mark, before rising back...
Cypher harmonic pattern: AB=0.61 XA BC=1.41 AB 1.27BC=$137 2BC=$468 shark harmonic pattern: ab=0.61 xa bc=1.6 ab 1.6bc=$171 2.24bc=$289 It seems oil is accumulating above $35 and under $140 to prepare for final target of the Cypher harmonic pattern at $468.
Oil is at the brink of taking whichever turn I suggest we all wait for a clearer picture before we know what to do
UKOIL reached resistance after a sell-off. The market is making HHs and higher close. The market is trading in the ascending channel, indicating the bears are running out of steam and the bulls are in control. We anticipate the continuation of this current trend. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
Brent Crude Oil : Multiyear(2015-2022) inverted Head and Shoulders triggered at the beginning of this year. Price broke the major downtrendline and subsequently iH&S neckline at 87 (lime) and then skyrocketed to 138. Now pulling back down to the neckline. We could actually see the backtest of the major downtrendline and dip into the S/R Zone 76-68. This would be...
Watch this short clip for my top 5 pairs beginner should look to trade starting out and even as you advance in your career. Emjoy!!!
we have finally see that chat patterns works 90% of the time
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the UKOIL pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Oil just formed a diamond pattern on the 2H TF and it's looking promising going all in now remember not to risk more than 5% of your account
UKOIL Very Strong Sustain Above 88.65 So now wait and watch for the Given Level
- Demand from China is soaring. - The US dollar index has recoiled. - Supply is not rising as fast as demand is. - I think recession fears are overblown. Where I live, people are traveling like crazy. - European Union will announce new Russia sanctions on February 5.