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Crude Oil Brent

CRUDE OIL (WTI) Your Detailed Trading Plan For This Week🛢 As you remember, traders, we spotted a confirmed bearish breakout of a rising parallel channel on WTI last week. Now, we see its retest. Watch a minor rising trend line on 4H. Its bearish breakout will be your confirmation to short. You need a 4H candle close below that to confirm the breakout. The market will most likely drop to 102.8 / 100.0 levels then. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
TVC:USOILShort
by VasilyTrader
22
UKOIL H4 Potential bearish continuationOn the H4, with price moving below the ichimoku cloud and the current bearish momentum, we have a bearish bias that price will drop from our entry at 116.24 where the horizontal pullback resistance and 50% Fibonacci retracement is to our take profit in line with the horizontal swing low support and 78.6% Fibonacci retracement. Alternatively, price may head for our stop loss where the horizontal pullback resistance is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:UKOILShort
by VantageMarkets
Brent: Knock, Knock!After it has knocked at the resistance line at $112.43 already twice, we expect Brent to rise above this mark and into the white zone between $113.88 and $123.14 to finish wave (2) in white. Afterwards, Brent should fall below the support lines at $104.67 and $97.56. There is a 28% chance, though, that Brent could soar through the white zone and climb above the resistance at $123.71 until the bottom of the pink zone between $133.80 and $137.40 first before moving downwards.
TVC:UKOIL
by MarketIntel
MarketBreakdown | WTI Crude Oil, USDJPY, USDCAD, AUDUSD Hey traders, here is a brief technical outlook of 4 peculiar instruments on my watch list. 1️⃣ WTI Crude Oil - Daily time frame 🛢️ The market has recently retraced from a resistance line of a rising parallel channel. The goal for sellers is the support of the channel now. Be prepared for a bearish continuation and then look for a long trade from support. 2️⃣ USDJPY - Daily time frame 🇺🇸🇯🇵 The pair is currently retesting a current year's high. I believe that chances will be high to see a retracement from that. 3️⃣ USDCAD - Weekly time frame 🇺🇸🇨🇦 The market is steadily growing within a rising parallel channel on a weekly. Ahead is a channel's resistance. I will expect a strong bearish move from that. 4️⃣ AUDUSD - 1H time frame 🇦🇺🇺🇸 AUDUSD broke and closed below a support line of a bullish flag pattern last week. The pair is steadily recovering now. I will be looking for shorting the pair on a retest of a broken support of the flag. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
TVC:USOILLong
by VasilyTrader
13
OIL - Clear SHORT Targets!Oil has shown us clear price action where we can see an impulse, ABC correction and now we're in the next impulse phase. The weekly timeframe indicates that the bullish wave is over and we may see a deeper correction now. A simple way to enter Oil SHORTS is by waiting for a correction on lower timeframe. Trade Idea: - Watch for any sort of corrections on lower timeframe - Enter with stops above that correction - Targets: 94, 85 What do you guys think?
TVC:USOIL
by WicktatorFX
14