UKOIL LONGSIn a support area in which I expect a push to the upside. Came close to previous week low and expect the next daily candle to close above that blue resistance with TP around 74.03
Brent (UKOIL) Sees Downward Movement: Caution AdvisedHello,
BLACKBULL:BRENT (UKOIL) has experienced another downward movement. If the trendline remains intact, this could mark the low before a potential rebound. However, extreme caution is advised at this stage, as all indicators suggest a continuation of the bearish trend, which is trend-confir
Brent/UK Oil Spot Market Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist Brent/UK Oil Spot Market Market 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
NEW IDEA FOR BRNT By examining the trend in the four-hour time frame, Brent oil can increase in price up to the resistance of $74.61, provided that it maintains the important support interval in the range of 70.91-71.99.
SHORT OIL (10% Profit from Current Prices)- BRENT started a Downward Trend since it Broke $75.13 creating lower highs and Lower lows
- Dollar is Clearly in an upward Trend
- Trumps policy is with increasing US Shale Oil production which is negative for price
- Monthly and Weekly Timeframes are all showing weakness
- Short at current Prices
Brent Crude Oil Analysis: Bulls Hold the Line at Key SupportBrent Crude Oil Analysis: Bulls Hold the Line at Key Support
The XBR/USD chart reveals that Brent crude oil is trading near its lowest levels of the year.
Several factors are pressuring oil prices:
→ China's uncertain demand outlook: As the world's largest crude oil importer, any signs of weakeni
Potential trade setup on BRTUSDWe are looking at a short trade on BRTUSD based on the stretch strategy. There is trend and direction alignment with this trade. Trade has taken out the upper stretch but higher timeframes trend and direction is to the downside. We will take the trade with a higher probability towards opposite stret
BRENT: Oil Prices Down, but On the Road to RecoveryOil prices closed Friday with bearish corrections and yesterday's continuation continued, mainly related to the OPEC+ decision to postpone the production increase, as well as the more than possible supply disruptions in the United States. Brents price has discounted -5.83% from $75.89 to %71.42 yest
Double pullback on a double bottom patternWe have identified a double bottom pattern followed by a breakout. Currently, we are observing a double pullback, which presents an opportunity to enter a long position.
WE ONLY TRADE PULLBACKS
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Displays a symbol's price movements over previous years to identify recurring trends.