Brent crude oil looks into the abyss: first $36 then $27 Brent oil is in the giant range of $16 and $150
The price is in the decline within the red large leg 2 down.
It consists of 2 white smaller legs.
Leg ii is in the progress after a small consolidation (blue).
The first downward target is at the bottom of red large leg 1 at $36
The next target is located at the equal distance of red large leg 1 in second leg at $27
Saudi Arabia gave up oil target of $100 to increase output.
Cooling Chinese economy is also a bearish factor.
Brentoil
CRUDE OIL (WTI): Bearish Move From Confluence Zone
WTI Crude Oil tested a significant confluence zone yesterday.
That zone is based on a recently broken daily horizontal resistance
and a falling trend line.
Probabilities will be high that the price will drop from that area.
First goal - 70.45
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WEEKLY FOREX FORECAST SEPT 23-27: S&P NAS GOLD SILVER US&UK OILThis is Part 1 of the Weekly Forex Forecast SEPT 23-27th.
In this video, we will cover:
S&P500 NASDAQ DOW GOLD SILVER US & UK OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
UK OIL / Brent Crude Oil Bullish Money Heist Plan on Long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist (UK OIL / Brent Crude Oil) based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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"USOIL is going downward"The weakening labor market has reduced risk appetite in the markets, triggering a drop in crude oil prices toward the 67.50 level. Additionally, OPEC+'s crude oil production in August decreased by 300,000 barrels due to declines in Libya and Kazakhstan. However, ongoing supply concerns continue to pressure the commodity.
Technically, if the 67.50 support level is broken, further declines toward 65.55 and 63.55 are possible. On the upside, if the 70.0 resistance is surpassed, buying momentum could accelerate toward the 72.60 and 74.50 resistance levels.
WEEKLY FOREX FORECAST SEPT 9-13th: S&P NAS GOLD SILVER US&UK OILThis is Part 2 of the Weekly Forex Forecast SEPT 9 - 13th.
In this video, we will cover:
S&P500 NASDAQ DOW GOLD SILVER US & UK OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
BRENT Crude Oil Bullish robbery PlanMy Dear Robbers / Money Makers & Newbies,
This is our master plan to Heist BRENT Crude Oil based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
CRUDE OIL (WTI) Bearish Outlook Explained
Crude Oil will most likely keep falling soon.
The price violated a key daily horizontal support and closed below that.
We can anticipate a bearish continuation at least to 71.9
Look for selling the market from a supply area based on a broken structure and a falling trend line.
❤️Please, support my work with like, thank you!❤️
BRENT (Brent Crude Oil) SELL TF W1 TP = 35.69On the W1 chart the trend started on April 2022 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 35.69
Possible variant by dates, approximately June-July 2025 (this is my personal opinion, my calculation).
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
UKOIL / BRENT / CRUDE OIL Bullish Heist Plan To Steal MoneyMy Dear Robbers / Traders,
This is our master plan to Heist UKOIL based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 30M timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
BRENT Crude Oil Robbery Plan on Bullish DirectionMy Dear Robbers / Traders,
This is our master plan to Heist BRENT Crude Oil based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
What does OIL (BRENT PETROL) mean for the world economy?#BRENT Oil (Petrol) 1W chart;
What does oil mean for the world economy?
Oil is critical to the world economy and is considered the basic energy source of modern industrial societies.
And then there are the quarterbacks. Market makers, a term we hear a lot in the crypto space. These and similar important charts cannot be moved by ordinary people. They cannot afford it. Only the most important countries in the world can do it.
So what usually happens when these charts come to trend breaks?
While situations such as war, geopolitical tensions, chaos, finding a vaccine for an existing virus move the chart upwards,
Situations such as viruses, recessions, economic depressions also move the chart downwards.
Significant chart movements are only possible with these and similar news. Conscious or unconscious. If you think there is anything unconscious in the world, I can't say anything about it.
The trend line in the middle is important.
I have indicated the details of the important breaks and critical intersections on the chart.
But there is one place I would like to draw your attention.
Russia-Ukraine war;
The chart is rising sharply with pre-decline gapped openings and momentum candles.
What happens in the world in such a situation?
Energy, industrial production costs, important basic services such as electricity, heating, transportation, raw material prices would increase.
Global economic slowdowns.
Geopolitical tensions increase.
In short, inflation would be fueled.
Just like the economic crisis that would be caused by a sharp fall in the oil prices of the countries that depend on oil for their economies.
Then energy companies cannot make a profit. Labor prices would fall, companies would go bankrupt, unemployment would rise.
In short...
Inflation was deliberately and willfully fueled. Because it was time to start raising interest rates.
The world was not ready for that yet.
With the war, the chart went up 40% in 2 weeks.
I am not talking about any coin in crypto, I am talking about the oil chart increasing 40% in such a short time.
You all know the scenario afterwards.
The top of the chart is where the red needle is. March 2022.
The Fed has officially started the cycle of rate hikes with 25 basis points.
CRUDE OIL (WTI): Time For Pullback
WTI Oil may pull back from a recently broken
daily structure resistance that turned into a support now.
As a confirmation, I see a double bottom pattern on an hourly time frame.
I think that the price can bounce to 79.25 level.
❤️Please, support my work with like, thank you!❤️
WEEKLY FOREX FORECAST AUG 12-16th: USD INDICES GOLD SILVER OILThis is Part 1 of the Weekly Forex Forecast AUG 12-16th.
In this video, we will cover:
S&P500 NASDAQ DOW GOLD SILVER US & UK OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
BRENT - UniverseMetta - Analysis#BRENT - UniverseMetta - Analysis
The price of B1 may begin to form a rebound from the border of the triangle, which may indicate the beginning of growth, globally to the update levels of the upper border, if we consider the level from which the price gave a rebound, we can reach 85.935. If we consider H4, we can wait for the formation of a 3-wave structure to continue the upward movement. To cancel, it is better to consider fixing it outside the border or breaking it, since the fall may continue.
Target 81.76 - 85.935
CRUDE OIL (WTI): Waiting For Breakout
WTI Crude Oil is currently testing a key daily structure support.
Trading in a bearish trend, the price has a high potential to violate that.
Next week, wait for a bearish breakout of an underlined green area.
A daily candle close below that will confirm a violation.
A bearish continuation will be expected at least to 72.9 level then.
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Brent Crude Oil Shooort!Based on the previous analysis I had done, it seems that this commodity might test the lower trend line of the pennant pattern.
Considering that it is consolidating as for now, a sell entry position can be entered at around 80.80, when the price breaks out,
Let us wait as for now to gain more clarity.
CRUDE OIL (WTI) Bearish Trend Continues
WTI Crude Oil formed a classic bearish reversal pattern
on a daily time frame - a head & shoulders pattern.
Bearish violation of its neckline is an important bearish signal.
I think that the market may reach 77.9 level next week.
❤️Please, support my work with like, thank you!❤️
BRENT - UniverseMetta - Analysis#BRENT - UniverseMetta - Analysis
On D1, you can consider a potential retest of the trend line, which can indicate a local trend change. You can consider a 3-wave structure with little risk for a downward movement trade. If this scenario begins to be realized globally, the targets can be considered at the level of 76.73 - 70.10. Entry by market or from levels 84.30. Stop for the 2nd wave.
Target 83.25 - 76.60
WTI Crude Oil Bearish Heist Plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist WTI Crude Oil Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.