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Crude Oil Brent

Oil, delayed sale Hi everyone! In the old to the idea I waited for falling on oil, but the price rose above. And so now comes important the moment, the price comes very close to strong resistance on the week chart. At the level of about 105 (apparently from the schedule) big objema on the monthly chart are located. Here I expect a turn of quotations with the first the purpose in the raiena 80. All purposes and feet will be specified after idea activation. Information provided is only educational and should not be used to take action in the market.
TVC:UKOILShort
by Yuriy_Kuznetsov
BRENT CRUDE OIL EXPECTED RALLYUK Brent opened with a bullish gap after the weekend in Monday (28.02.2022), with prices rising due to the intensified situation between Russia and Ukraine and the fuel distribution insecurity in Europe. But the price met resistance at 103.26 USD and reverted back, closing the initial gap and meeting support at 97.18 USD. Both MACD indicator and RSI indicator are confirming the bullish trend, which indicates that the instrument might try again to break the resistance at 103.26 USD, and if it does that, it will probably attack it's high at 105.74 USD. In the opposite scenario, the instrument might try to test again the resistance at 97.18 USD. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
TVC:UKOILLong
by legacyFXofficial
UKOIL short position selling from the 80sAs the new year begins, the markets are a little quiet but in the oil , markets seem a little confusing, Based on OPEC-JMMC Meetings we made our view on the oil market. "That's one way of looking at it OPEC plus seems confident that despite omicron spreading rapidly around the world and with cases rising it's not going to have that much of an impact on oil demand the group is expecting the oil market to be in a supply surplus in the first and second quarters" While the U.S airlines have canceled and delayed thousands of flights since 23 December 2021, The energy sector will depend on storage more than consumption in the coming period. OPEC plus is probably not almost certainly not going to actually add 400 000 barrels a day to the market because of supply problems incertain members in the oil club. I see OPEC crude oil production increasing since Jul 2020 : 24.82M bbl /d on Jul 2020 to be 28.87M bbl /d in Aug 2021 Making the oil production increase +16.31% in one year. The technical view you will see 83.00 -82.00 area as a supply area on the chart, also, 86.50 - 85.00 area is a strong historical supply area. The Market tend to sell from these areas, we may see some increase in the price shortly but in the volume indicator the average volume is in decline For the position I recommend a sell order from 83.00 -81.50 area Sell limit on 84.5- 86.5 in case the market still growing before retrograding Targets 1st target 77. 40 - 77.00 demand area 2nd target 68.40- 69.10 demand area The period of the Positon is more than 1 month up to 5 months (estimated ) This is a swing trade so be patient we estimate +16% to +20% profit for 5 months The news and numbers source coming from theoilsellers.com/ news.cn/ ycharts.com/
TVC:UKOILShort
by youssefallax
2
UKOILSPOT potential for further bullish continuation! | 24th FebPrices are on bullish momentum. We see the potential for further bullish continuation from our buy entry at 94.64 in line with 61.8% Fibonacci retracement towards our Take Profit at 103.12 in line with 127.2% Fibonacci extension. Prices are trading above our Ichimoku cloud support, further supporting our bullish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:UKOILSPOTLong
by Rockqet
#UKOIL Has Room To Go Higher #USOIL #Brent $WTI Traders, UKOIL (Brent) can still go higher. It has reached an FCP zone so any long positions for swing trade are not good ideally. However there is a gap available at 98 and then we have round number 100. This can also push upwards of this FCP zone to reach the final FCP zone of 105. Then it will be a good candidate for a short. Right now, trade in steps only. Horizontal lines are possible targets and arrows show the direction. Trade what you see and ignore any hypes. Stay objective. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
TVC:UKOIL
by vikinsa
1
Crude Oil (WTI): Update & What to Look At 🛢️ Hey traders, WTI Oil is still coiling around a major rising trend line that we spotted on a weekly. Though we expect a pullback from that, from a current perspective, it is too early to short. The confirmation that you should look for to open a sell position is a bearish breakout of a support line of a rising wedge pattern. Only then a bearish move to 88.6 / 85.0 levels will be expected. In case of a bullish breakout of a trend line on a weekly the setup will be invalid. ❤️Please, support this idea with like and comment!❤️
TVC:USOILShort
by VasilyTrader
19
TS ❕ GOLD: aggressive optionThe metal is also expected to go long, which can potentially greatly strengthen the position of buyers in the market. BUY scenario: Buying from current levels would be quite an aggressive option, but at the same time it would be hard to come up with something more conservative. Unless you wait for the price to close above the level of 1868.855. ----------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
OANDA:XAUUSDLong
by UnknownUnicorn15614419
6
TS ❕ BRENT: longs in priorityThe correction for oil is likely to continue, but longs still remain a priority. At the moment, it is assumed that the price will not rise above 96 -98. BUY scenario: Long from level 94 is relevant now. Current prices, which are just above the 94 level, are also suitable for buying. Target level 96.10. ----------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
TVC:UKOILLong
by UnknownUnicorn15614419
3
UKOIL Short IdeaOil Markets are currently trading at the highest levels since 2014 after just reaching the 96 area. There has been a small retracement from this high to the current region (93.88). The RSI indicator on the higher time frames show very overbought levels which show that price could fall from this area down to the previous resistance zone. The target of this short idea is the previous resistance level at 90.88, this is a 3% gain for 1% of risk (stop-loss at 94.89).
TVC:UKOILShort
by Orion-Markets