UKOIL Short Oil has been bearish off late. but daily has shifted to down bias a couple of days ago. today being an inside value day with 1/2 volume is not the best of the setups but it's the only one to look for today. Grade C risk will be allocated if oil breaks below ARL and gives entry on 5M.Shortby Osiris992Updated 1
oilthe 3 red small circles that are depicted are situated in the 3 red cloud area and price has touched all the 3 areas it seems that it acts as magnet for the price for simplification purpose I have tracked the price with lines so the price has the potential to touch dollar 51by loginmusa0
Oil Brent - H4\D1Oil Brent The nearest target is at 96.00 in continuation of the 5th wave on D1 H4 - there was a fixation behind the correctional channel and a 3-wave structure may form, which may indicate continued movement up the trend. What to expect now? Expectation of breaking through the level - 89.25, locally the target is 91.40 - 94.88 When opening a position, it is best to exit the position from the level of 86.47 - 85.66, if this scenario does not materialize. Long Targets 89.98 - 91.40 - 92.75 - 94.88 - 96.00Longby Trade_Hive_Signals4
XBRUSD BUYBUY XBRUSD buy oil for a long for this week TP 92.50 1 week trend Longby ishtiaqmechUpdated 1
Strifor || UKOIL-10/25/2023Preferred direction: SELL Comment: For oil, the previous trading idea also worked out perfectly and the instrument is now trading at the level of 86.62. Despite the general tense geopolitical background, the instrument is still considered for sell, and the purpose of the sale is gap closing. Presumably, this goal will be achieved within one trading week. Thank you for like and share your views!Shortby Viktor_strifor_analyst884
UK Brent Oil 4H : wait for confirmation and then sell itUK BRENT OIL New forecast The price perfectly fulfills my last idea and price reached to our second target +230 pip . The price of Brent crude oil futures is trading negatively now, putting pressure on the 88.38 level, reinforcing expectations of a continuation of the downward trend for the rest of the day, paving the way for heading towards our negative targets, which begin with a break and stability below the 88.38 level to reach 86.93 and extend to 85.32. The 50 moving average supports the expected downward trend, which will remain in place provided that a break of the 88.38 level is confirmed and consolidation below it. The expected trading range for today is between support 86.93 and resistance 91.00 . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 88.38 , 86.93 resistance line : 89.55 , 91.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️Shortby ArazmajeedUpdated 16
Brent (ICE) (Z3) Intraday May fall -2.01 % the downside prevailPivot: 90.60 Our preference: short positions below 90.60 with targets at 87.00 & 86.25 in extension. Alternative scenario: above 90.60 look for further upside with 91.10 & 91.80 as targets. Comment: the RSI is below its neutrality area at 50%Shortby Daniel_Thompson3
OIL UPUPThe geo-political situation is worsening... We might see a crypto-like movement in Oil terms pretty soon...by ugurcagriyilmaz0
XBRUSD#Brent Crude Oil - H1 📣 Considering the chart structure on the 1-hour timeframe, the price is within an ascending channel. With an opening above the 91.65 peak, there is an expectation for price growth towards the 94.00 range. ⛔ Stop Loss: 89.80Longby FXSMARTT0
UK Brent Oil 4H :New forecast UK BRENT New forecast The price of Brent crude futures opened today's trading with a strong decline, breaking the support of the ascending channel and settling below it, which may put pressure on the price to conduct a new downward correction. Its targets begin by testing the 91.00 level and extend to 89.55 after breaking the previous level. On the other hand, we notice that the price stops at the support of an ascending secondary channel shown in the image, and the moving average 50 meets at this support to add more strength to it, which may contribute to pushing the price to return to the main ascending path again .so stability above 92.52 postponed the bearish attempts . The expected trading range for today is between support 91.00 and resistance 92.52 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 91.00 , 89.55 resistance line : 92.52 , 94.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️Shortby Arazmajeed11
BRENT BUY!The daily upward trend. We have a good one-hour demand on the 4-hour trendline and we are looking to buy.Longby aliqfri1
OIL 139?if price would maintain above 82, then Oil looks like its headed back up to 100, possibly 140... with current world events.Longby shermanchooUpdated 4
Oil PutsLooks like black gold is headed south after completing bearish pennant. First demand zone isnt likely to hold the price and will probably drop it to the next demand zone. Let me know what you think.Shortby Jakh_FX3
Oil analysis 1 HOil analysis on the hourly time frame. Oil is trading in an upward trend, and we are waiting for oil to retest the rising trend line and the demand zone.by garra_boy680
UK Brent OIL 4H : try to retest and then rise UKOIL New forecast The price perfectly fulfills my last idea and price reached our second target + 300 pip . The price of Brent crude futures traded strongly positively yesterday, breaching the 92.52 level and confirming a return to the ascending channel once again, reactivating the positive scenario and heading towards achieving positive targets starting at 95.00 and then 96.00. The 50 moving average supports the price from below to reinforce the continuation of the suggested upward trend, which will remain in effect provided that the price maintains its stability above the 92.52 level.also its possible to retest to 92.52 and then rise up again . The expected trading range for today is between support 92.52 and resistance 95.00 until breaching one of them . Be careful because of the war between Palestine and Israel, we may witness unexpected movements . support line : 92.52 , 91.00 resistance line : 94.00 , 95.00 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️Longby Arazmajeed13
Strifor || UKOIL-10/20/2023Preferred direction: SELL Comment: Yesterday, oil still showed growth and we were forced to exit with a stop loss. However, the priority of sales remains and today once again we are considering sales from current prices with a target of 90.72 and even with fixation below. Thank you for like and share your views!Shortby Viktor_strifor_analyst552
OIL EW COUNT (potential hedge against recession)Just a EW count on OIL Personally I dont think there is huge upside on OIL, but if we get a nice pullback towards the $50-$47 area, could be worth it to take a position and hold it for few years especially if markets get choppy volatile and give off massive dumps - please check my analysis on SPY: and NDX: I will provide a more in depth analysis on these important charts over the next few weeks as markets print and provide us more clarity. by CryptoHolixUpdated 0
Brent Crude Speed LinesI'm going for Speed Lines combined with Fibonacci retracement tool. Price is at a level of importance previous support now resistance. Uncertainty is our game so we should anticipate all possible moves the price can take and then trade the move with the highest probability. With what is going on in the world and social media still expecting Oil to go to $100 my bias is bullish. at least for now. Longby ForexCollegeUpdated 0
OIL UPGiven the circumstances and technical looks, BRENT is about to sky rocket as it seems. This is a high probability trade for futures and option enthusiasts.Longby ugurcagriyilmaz0
BUY BRENT for uptrend continuation update BUY BRENT NOW ✅ STOP LOSS : 88.25 TAKE PROFIT : take profit will be when the trend comes to an end and will be shared with my vip members . Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Longby BALE_FX5
Crude Oil: Planning Strategies Today Through the analysis of the hourly chart of crude oil, we know that the market rose first and then fell yesterday, forming a shock upward breakthrough trend yesterday. By comparing with the previous period, we already said last week that we expected to form a bullish trend. When the high level fell in the early period, all the moving averages began to turn around. The downward movement forms a turning point from bull to bear. From the formation of a wave of decline, all the moving averages have formed a bull trend. All the moving averages below are supports, and the MACD below has always been running above the zero axis. The market is very likely to make further upward breakthroughs. In terms of operation, we continue to think high and low and focus on going long on dips and shorts. The specific suggestions are as follows: Crude oil 90 and 91.50 are long respectively. Crude oil is short at 95.0 and 95.6 respectively.Longby Dylan-Jones3
Strifor || UKOIL-10/19/2023Preferred direction: SELL Comment: After the rally in oil, prices are most likely ready for a correction. The downward correction is expected to continue. Positions are considered from current prices with a view to approaching level 88. Presumably, after which there will be a pause and a likely continuation of the fall. Thank you for like and share your views!Shortby Viktor_strifor_analyst112
XBRUSD POTENTIAL BULLISH MOVEXBRUSD prints more bullish price action as it currently trades at 89.55 . from H1 perspective, it could trade upto 90.88. Longby Cartela0