UKOIL trade ideas

MarxBabu Updated 

The down rally started on 10th of this month still continues . As per LongBuyLongSell Indicator and Profit Maximizer Indicator i am expecting this to touch 77.91 this week. On Oct 7th using the same longbuylongsell and Profit Maximizer at 86 level it was predicted that price drop ,Exactly same happened .I am still bearish as the candles are Black (Black for...

HumanNotABot

Anticipating a big fall.

syahmi6113

Price still ranging inside Pivot. only valid on H4.

behzadnajafi774

buy 81.40 stop los 80.20

LuckyDinAZ

Prior resistance may become support as another attempt at the recent high is due, in my opinion before a trend reversal would occur. Of course I have been wrong before.

MAKC73

)))))))

ICFX

50 EMA crossed over 600 EMA and is in very fine falling position. Price pulled back to Tenkan line and will keep dropping. Trade trends after 50 EMA (it has to be in declining or rising position). Enter trades upon pullbacks to Ichimoku´s Tenkan line. Trend ends when you will observe divergence in long term RSI (70-100) - when RSI unlike price will fail to make new high.

Lehiv Updated 

Easy money

Geeves

The 200 SMA will be the key; will the price bounce again from it?

WellTrainedMonkey

I had previously described myself as an oil bull and Mr. Market is giving me an opportunity to elaborate. So brent crude has been trading a huge channel since peaking in 2008 with the last major trough in 2016. Long story short, brent crude is on track to test the upper boundary of the trading channel at c.$96. Try to follow the sequence:- AB leg: Feb to...

drdanger7887

Ahead of todays Crude inventories, oil has climbed back into our pivot point box and is looking like it has some potential drive in it. The path of least resistance is certainly to the downside , however with sanctions on Iran not far away it looks like we might have an attempted breakout. My idea here would be to long a retracement on a breakout pending todays...

Premium_Tendies Updated 

Beyond the recent downtrend lines, UKOIL is a good long position. RSI and MACD are turning bullish on lower timeframes.

blackofcrypto

UKOIL

FlowState

UKOIL bounced off its support at 80.27 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 83.07 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is bounced off near its support at 5% where a corresponding rise could occur.

willyhops

ee

willyhops

adad

joshahmdv

Brent crude oil jumped $1.49 a barrel to a high of $81.20 before slipping to $81.13, up 70 cents, by 0850 GMT.

Trading2ez Updated 

Hey guys quick a nice chance to buy! If we stay above this range and bounce off it`s very likely to see OIL @ 92,-! This is meant to be just an overview. Detailed signal will follow. Peace and a great start in the new week! Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)