BRENT. Levels for intraday trading 10.05.2024During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1.
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Brent
BRENT. Levels for intraday trading 9.05.2024During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1.
Don’t forget to like Rocket and Subscribe!!!
Strifor || USDCAD-08/05/2024Preferred direction: SELL
Comment: For the USDCAD currency pair, we continue to adhere to the priority of sales. In our final trading idea for this instrument, we identified two scenarios where one of the selling options was the level of 1.37600 . The price is at this level now. A fall near this level is more likely today (scenario №1) , since there is local trend resistance here, which pushes the price towards the support level 1.36557.
We also highlight scenario №2 on the chart. Here, the short is planned from the level of 1.38000.
Additional comments on this trade will be provided as situation changes. Follow us!
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CRUDE OIL (WTI): Important Key Levels 🛢️
Here is my latest structure analysis and important key levels
to watch on WTI Crude Oil.
Resistance 1: 80.3 - 81.9 area
Resistance 2: 83.7 - 85.6 area
Resistance 3: 86.8 - 87.6 area
Support 1: 76.8 - 77.8 area
Support 2: 75.5 - 76.3 area
Consider these structures for pullback/breakout trading.
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BRENT. Levels for intraday trading 8.05.2024During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
---------------------------------------
Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1.
Don’t forget to like Rocket and Subscribe!!!
UKOIL Preps to Face a Res-Test Near $90UKOIL didn't have the strength to reach $94, but it seems that Bulls have not gotten the memo just yet. Perhaps a break above $90 reignites the path?
I'm doubtful, but we'll see. Failure to pass and hold levels above $90, will likely send UKOIL back to mid-high $70s (before the next major run).
BRENT. Levels for intraday trading 6.05.2024
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
---------------------------------------
Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1.
Don’t forget to like Rocket and Subscribe!!!
Strifor || USDCAD-02/05/2024Preferred direction: SELL
Comment: Yesterday's trading idea for the Canadian worked perfectly. Today, the likelihood of continued decline remains. The price is trading close to yesterday's target, namely the level of 1.37020 , at this level, the next short (breakdown downward) is being considered. We highlight two scenarios for ourselves with a common goal at the level of 1.36557.
Additional comments on this trade will be provided as situation changes. Follow us!
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CRUDE OIL Bullish Heist Plan to BuyDear Oil Robbers/Traders,
This is our master plan to Heist Bullish side of OIL Barrels based on Thief Trading style Analysis. My dear Robbers U can enter at the any point above my entered area, Our target is Dangerous Red Zone its Strong Resistance Zone. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich.
Loot and escape near the target 🎯
support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
CRUDE OIL Bullish Side Robbery Plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist Bullish side of Crude oil Market based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change /Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of Powerful dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
CRUDE OIL (WTI): Bullish Move From Key Support 🛢️
On a today's live stream, we spotted a very bullish pattern on WTI Crude Oil:
inverted head and shoulders formation after a test of a key horizontal support.
We see a confirmed neckline breakout of the pattern.
It increases the probabilities that the market will go up now.
Target - 84.5
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Strifor || USDCAD-17/04/2024Preferred direction: SELL
Comment: For this currency pair, we continue to follow the medium-term sales, despite the fact that the price has risen a little more than we described in previous trading ideas. Today, the current levels are excellent for medium-term short with a target at the level of 1.37020 ( scenario №1 ), where the previous area of accumulation of the limit buyer is located. We also keep alternative scenario №2 ready for the same target as with scenario №1 .
Additional comments on this trade will be provided as situation changes. Follow us!
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Strifor || EURAUD-18/04/2024Preferred direction: SELL
Comment: A potential medium-term sale is brewing for the EURAUD currency pair. At the moment, the key role is played by resistance at 1.66296 . The price, having already felt resistance, stopped its movement at the level of 1.66000 .
Two scenarios for selling are proposed, where the more likely scenario is a preliminary approach to the level of 1.66296 ( scenario №1 ). A fall from current prices is less likely, but can also be considered under conservative risks. The target for the fall is located at the level 1.64609 .
Additional comments on this trade will be provided as situation changes. Follow us!
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Strifor || SILVER-18/04/2024Preferred direction: BUY
Comment: Previous trade ideas for silver , where we considered selling, have been cancelled. Today, another strengthening of metals is expected. The buyers' target will, of course, be the local maximum at level 30 . It is best to set the target slightly below this level.
As you can see in the chart, we have formed a clear contracting triangle, and volatility has died down. This is a clear sign of an upcoming impulse, which, as we suppose, will be upward. We are considering two scenarios. Scenario №1 is more likely since further weakening of the US dollar (on major currency pairs), which began in the middle of this week, is expected and this should soon also be reflected in metals.
Additional comments on this trade will be provided as situation changes. Follow us!
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Strifor || BRENT-18/04/2024Preferred direction: SELL
Comment: An excellent situation has formed for oil in the short term. After the price falls below level 89 , the continuation of the downward trend towards level 85 is considered, where we set a target for this trading idea. Buyers are trying in vain to buy off the “bottom” of the market, but today the limit buyer dominates the market and pushes the price down.
We are considering two scenarios, where scenario №1 is more likely, but in no case do we forget about scenario №2 , in which there will be a preliminary liquidation of “extra passengers”, and this will also allow us to attract new buyers as “fuel” for the trip down. One can also consider targets below level 85 .
Additional comments on this trade will be provided as situation changes. Follow us!
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CRUDE OIL (WTI): Bullish Move From Support 🛢️
CRUDE OIL formed a nice double bottom pattern
after a test of a key intraday support.
The breakout of the neckline of the pattern is an important bullish confirmation.
We can expect a bullish movement at least to 86.0 level.
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Bullish Oil Options Traded at Record Pace Before Iran AttackOil investors piled into the options market days before Iran launched its attack on Israel and traded a record amount of contracts that profit from higher prices. Just over 1 million calls on the global Brent crude benchmark traded last week, surpassing a previous record, according to data compiled by Bloomberg. The volumes were focused on contracts at $95 and above $100, with bullish calls trading at hefty premiums to bearish puts in recent weeks.
Traders have been flocking to the oil options market in order to hedge themselves against the risk of prices moving higher if the conflict between Israel and Iran widens further. Options are often used to protect against major geopolitical risks as they allow a cheaper way of profiting from a spike in prices.
Many of the bets won’t have profited yet given that crude prices and market volatility retreated when the market opened early on Monday, with the benchmark now changing hands below $90. However, as tensions in the region remain high such hedges are likely to remain in place over the coming weeks.
Calls at $100 and $110 are the most held options contracts over the next 12 months for Brent, according to ICE Futures Europe data compiled by Bloomberg. On Thursday alone, about 29 million barrels of new call option contracts were opened on the nearest trading month.
WTI/Oil 4h Technical Analysis during IranVSIsrael warDespite Iran's attack on Israel, the prices of Brent and WTI crude oil remained stable. However, in the event of a reciprocal response from Israel to Iran within the next 24 hours, the price of oil is expected to make a significant upward jump from its long-term trend line.
Currently, the price of WTI crude oil is within its supportive range on the 4-hour timeframe, and last week, it broke above a long-term daily trend line, which is now being tested with a pullback and a bearish candle which can be a fake bearish sign by geopolitics issues!
The RSI is in a suitable range for buyers and playing around 44, so opening long positions on oil is the best decision at the moment.
Entry: CMP at 84.7 - 85 even
TP: 92.627
TP: 98.34
TP:106.52
TP: ATH Around 168
CRUDE OIL (WTI): Potential Scenarios For Next Week 🛢️
Crude Oil is consolidating after a strong bullish wave.
The price formed a horizontal range on a daily.
Next week, wait for a breakout of one of the boundaries of the range for a confirmation.
Bearish violation - a daily candle close below a support of the range, will give you a strong
bearish signal. A bearish continuation will be expected to 83.0 level then.
Alternatively, a bullish breakout of the resistance of the range - a daily candle close above,
will push the prices higher to 89.0 level.
Wait for a breakout, it will give you a strong confirmation.
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Strifor || USDCAD-12/04/2024Preferred direction: SELL
Comment: The US dollar continues to strengthen before the weekend, but there is a high probability of a downward correction beginning, and this concerns all major currency pairs.
The Canadian dollar has one of the most interesting buying setups against the US dollar . The price is trading slightly above trend resistance, and it is unlikely that we will see continued growth. Although this probability remains, in this case we have scenario №2 , where growth may still be towards the level of 1.37500 . But it should also be noted in favor of scenario №1 that most of the sellers have already been liquidated, and the instrument is more ready to fall towards the designated target at the level of 1.36500 .
Additional comments on this trade will be provided as situation changes. Follow us!
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