BRENT trade ideas
oil looks like it will continue up here on the 4 hournothing special just what I see happening lemme know
UKOIL 12.02.2024please make sure of them and do not risk, this is our analysis and ideas.
Please observe the capital carefully and do not risk more than 1% of your capital
Good luck to everyone
Brent Crude Alternative In trade analysis using pure price action, when a potential head and shoulders pattern doesn't confirm, watch out for the alternative: the triangle between the head and right shoulder. Always weigh all potential price movements and trade the setup with the best odds. Note: This analysis is on a very long timeframe—the weekly chart.
What to do when you forget to trail?In this live trading,we look at the different options we looked at when we forgot to trail our stop on brent oil. You can apply these principles on any strategy.
Live Trading Session 253: Potential & open positions on BRT,etcIn this live trading session video,we look at current live open positions on BRENT, GBPUSD,
EUR and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
DeGRAM | UKOIL potential double top at the resistance levelUKOIL was rejected at resistance at 84.00 before.
Price is printing potential for a double-top.
The oil market is consolidating on the 4H chart.
We anticipate further consolidation and a bounce off the resistance level.
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Oil short patternBased on cycles and ewa, ending 2 after 1, and go to 3 vawe sort in A B C. A ending at 54-56.
UKOIL 09.02.2024 please make sure of them and do not risk, this is our analysis and ideas.
Please observe the capital carefully and do not risk more than 1% of your capital
Good luck to everyone
Live Trading Session 252: Open positions on BRT,GBP&EURIn this live trading session video,we look at current live open positions on BRENT, GBPUSD,
EUR,USDJPY and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
BCOUSD#Brent crude oil - H1
📣 Based on the chart structure in the 1-hour timeframe, with a break above the downtrend line around the 79.24 level, one can consider buying with a target of 81.00.
⛔ Stop Loss: 77.80
On the other hand, with a break below the 77.80 range, one can be optimistic about a price decline towards the 76.00 range.
⛔ Stop Loss: 79.24
what next for oil?🤔On hi time from we can see a biger flag pointing to down wait for more information to go short
UKOIL Brent 05.02.2024 please make sure of them and do not risk, this is our analysis and ideas.
Please observe the capital carefully and do not risk more than 1% of your capital
Good luck to everyone
Will Brent oil stop its correction?📊 Due to the price approaching the supply range of $79.0 and the downward momentum of the price movement, if the range of 78.0 units is broken and the price stabilizes below it, the price may fall to the range of 76.6 🎯and in the case of the strength of the range of 74.0 units🎯🎯.
📊 Otherwise, the possibility of price increase up to the range of 81.0 units.
THE CATALYST COMES OUT FOR BRENTArea of Interest price for BRENT play out
As concern for the increasing tension in the Middle East and the ongoing Russian invasion that could lead to the curb of the global oil supply, the price bounced from the AoI marking.
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Stay safe in these uncertain economic conditions X.CO
BRENT REACHING THE AREA OF INTERESTWaiting for the catalyst to either pull or drag the price down
Let's see how London and New York play out, make sure to check the Geopolitical news that might occur in the meantime.
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Be Safe X.CO
DeGRAM | UKOIL channel breakingUKOIL broke the ascending channel and went down.
The oil market is likely to create a pullback from the support level.
We anticipate a continuation of the bearish trend.
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UKOil will continue moving lower!!UKOil tested swing high and moved aggressively lower. This week I will be looking for a selling opportunity to take this pair lower on smaller timeframes.
Look at the chart markup for more details.
BRENT OIL - 4HAccording to the strong downward momentum of the price movement and selling pressure in the market, if the range of 76.0 units is broken and the price stabilizes below it, the price may fall to the range of 74.8 and in the case of the strength of the range of 73.0 units.
Otherwise, the possibility of price increase up to the range of 79.0 units.
DeGRAM | UKOIL bearish move from confluence levelUKOIL bounced off the resistance at 84.00 and the 127.2% fibo extension level.
Price created the bearish harmonic pattern after breaking out of the descending channel.
The current trend on the D chart is a pullback against the major trend.
We anticipate a pullback and bearish move.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
brent 3h time frameAs we can see on the 3h chart of (bCo - brent C O) , it is clear that 12 and 12 is done so we need 1 flag and then the price should go down to the second 12 low price around 71.347 $ (calculated by low low symmetry on NDS strategy.
UKOIL Swing TradeUKOIL looks to be in an extending diagonal formation with an expected upside target of $93-$95. Invalidation to this idea is only possible with a break below $75.07.
These are my thoughts. Tell me your ideas on this in the comments.
