Beyond the Chart - OIL Market Technical Analysis📉 Trade Idea CAPITALCOM:OIL_BRENT (Short Bias)
• Wait for price to retrace into the short FVG zone (around 66.60–66.70).
• Look for rejection signs (wick rejections / bearish engulfing / orderflow shift).
• Target the liquidity lows near 66.00 and possibly extend further if momentum stays bear
UKOIL H4 | Bearish reversal off 50% Fibonacci resistanceBased on the H4 chart analysis, we could see the price rise to the sell entry, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to the downside.
Sell entry is at 67.65, which is a pullback resistance that aligns with the 50% Fibonacci r
What happens if oil prices rise?Brent Crude Oil 1W;
What happens if oil prices rise?
Inflation decreases.
What happens if inflation decreases?
All stock markets crash.
So when do oil prices rise in technical charts and fundamental analysis?
Let's take a look...
Developments in the Middle East become important when there is a s
Brent Crude another retest of resistance at 6900? The Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend.
Key resistance is located at 6900, a prior consolidation zone. This level will be
WTI Crude support retest at 6200The WTI Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the resistance, suggesting a further selling pressure within the downtrend.
Key resistance is located at 6540, a prior consolidation zone. This level will be cr
UKOIL H4 | Potential bearish dropUKOIL has rejected the sell entry which is a pullback resistance and could drop from this level to the downside.
Sell entry is at 66.770, which is a pullback resistance.
Stop loss is at 67.67, which is a pullback resistance.
Take profit is at 65.04, which is a multi swing low support.
High Risk
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Displays a symbol's price movements over previous years to identify recurring trends.