Oil trend down For quite some time oil was in up tfend but for now it has chanģedShortby diegotrader99884
XBRUSD long idea (edited)My 3rd post on this as I counted wrongly earlier :P Dont worry its still a long. The count was incorrect for my previous post and it did not make any sense lol. I made a recount and found an extended correction on H4 instead of a 5 wave move down. So please scratch my previous idea :) Longby Chathifriends10
XBR USD SWING LONG ENTRYCrude oil has completed a 3 wave correction on the daily and also corrected on the h4. And will be seeing a higher highs from here breaking the resistance. It's important to note that this trade is high rr with small risk. I will be taking this trade few hours market open. Let me know if you have any questions agree disagree I will be listening :) Trade safe!Longby Chathifriends2
XBR USD SWING LONG ENTRYCrude oil has completed a 3 wave correction on the daily and also corrected on the h4. And will be seeing a higher highs from here breaking the resistance. It's important to note that this trade is high rr with small risk. I will be taking this trade few hours market open. Let me know if you have any questions agree disagree I will be listening :) Trade safe!Longby Chathifriends2
Oil Long Term View: Start of uptrend in Q4 2024, $125+ in 2025Short term potentially in a cup and handle pattern since June 2022, currently in the distribution stage around the bottom. Needs to close above 21M EMA for confirmation. An uptrend can start in Q4 2024, which would get the price to $125+ in 2025. Long term the price seems to be in an uptrend since 2016, if excluding the 2020 outlier. The resistance at 200M EMA seems to have changed into support. Momentum is beginning to increase to the upside, as liquidity and M2 money supply will increase beginning in Q3-Q4 2024.Longby dumcom112
UKOILHello Traders My idea about OIL is Bullish To the targets After breaking the 82 $ and retesting the price the goals on the chart Good luck Longby AkrmeloUpdated 11
Will oil return to its bullish market?📊 According to the buying pressure in the market and the breaking of the downward movement of the price upwards, if the range of 84.5 units is broken upwards and the price stabilizes above it, the price may increase to the range of 87.0 🎯 and in the case of the strength of the range of 88.6 units🎯🎯. 📊 Otherwise, the price may decrease to the range of 81.5 units.Longby arongroups4
BRENT OIL SELL , A GOOD WAVE LONG TERM SELL SET UP Wave inside another wave. a correction after the retest impulse is a great entry for a long term sell Shortby simbakanda3
xbrusdThe chart is printing Bearish trends their is Divergence The entry Point Will be 84.03 and the stop loss will be 85.05Shortby Azeem2080
Crude Oil / Brent Oil Robbery Plan in Bullish SideMy Dear Robbers / Traders, This is our master plan to Heist Crude Oil based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, Market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Longby Thief_TraderUpdated 1
BRENT. Weekly trading levels 27 - 31.05.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me! by Forex_HobyUpdated 2
Brent Crude Oil Daily Timeframe AnalysisIn this chart, I am trying to analyze the expected Brent Crude Oil next movement. This is not any financial advice, do your own analysis before taking any trade on a real account. This is only for education purposes. by AkfxAcademy3
An idea for you tradesHello Everyone I want to say something that might be your strategy or you may criticize me about that but I am sure whoever disagrees with me about it is struggling to get profit in his account. Note: Always and always trade in a chart that is in a weekly trend. I man it does not matter what timeframe you are trading and with what method, it is incredibly vital that chose a trend (Bullish for long positions and Bearish for short positions) and never and ever try to trap yourself in a chart that is ranging in WEKLY TIMEFRAME. There are many reasons for that and I have paid a lot of money to learn it. The first reason is a lot of support/resistance level existing in this area that try to hit your Stops. Second reason is that we should follow the wales in every market and big whales do not waste their time and money for trading in this long term consolidations. Oil is a good example for now and I just want to say, these symbols are not ours and we should chose more profitable ones. This is the most reason that all charts do not move together and liquidity shifts between them. Thanks Educationby AMA_FXUpdated 333
BRENT. Weekly trading levels 20 - 24.05.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me! by Forex_HobyUpdated 3
Brent will drop soon After a long rally started in April 2020 with 16.1 USD, an impulse wave was made for Brent Oil and it stoped in 138.03. After this impulse we are having a big correction pattern ( maybe as wxy ) and for now we in the last wave (Y). It seems that after finalizing of wave (x) second downtrend correction as wave (y) has been started and I guess wave b of (y) is ending to show us last wave correction(c of y). Thanks Shortby AMA_FXUpdated 8
UKOIL MAY 2024 WEEK 4 OUTLOOK - Daily - looks bearish but buyers have been stepping in since last week. so I will be considering longs as a possible way for Oil too. Origin - looks bullish. **83.51 - 82.54** is the zone to look out for. bias will be bullish above it and bearish below it. by Osiris9921
UKOIL MAY 2024 WEEK 4 OUTLOOK - Daily - looks bearish but buyers have been stepping in since last week. so I will be considering longs as a possible way for Oil too. Origin - looks bullish. **83.51 - 82.54** is the zone to look out for. bias will be bullish above it and bearish below it. by Osiris9920
Crude Oil Bullish Side Robbery Plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist Crude Oil based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. There is Two Targets Our target is 1 & 2 Danger Logo and Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.by Thief_TraderUpdated 3
Brent $: might it be the move this time?Been struggling with the price action. A price action above 83.50 supports a bullish trend direction. Crossing above its 200-day will act as further bullish support. The target price is set at 88.00 (its 23,6% Fibonacci retracement level). The stop-loss is set at 82.00 (its 50% retracement level). A bullish crossover on the MACD (see the lower panel) highlights a change in trend direction to bullish. This crossover is also in oversold territory. Longby Peet_Serfontein2
Brent Positioned for Bullish MomentumHello Everyone, Brent is poised for liftoff, positioned perfectly for bullish momentum to kick in! We're expecting movement towards and beyond the 1M PP at this moment! TradeWithTheTrend3344Longby TradeWithTheTrend33443
BRENT. Levels for intraday trading 16.05.2024During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) --------------------------------------- Levels are drawn before the European session, based on volumes and data from the CME. They are used as zones of interest for intraday trading. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat. Do not reverse the market at every level. If there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. TV does not allow publishing timeframes smaller than M15.Reactions to levels and the search for entry points are more convenient to look at M5-M1. Don’t forget to like Rocket and Subscribe!!!by Forex_HobyUpdated 3
UKOIL SHORT SELL 600+ PROFITBase on daily timeframe market will go short till it reach target level 600 profitShortby Fibpip2
Oil in a depressed phaseThe Brent barrel (Brent) this week has cut its price by -1.05% versus -491% on a monthly basis, versus West Texas (LCrude). Crude oil prices rose 32 cents during the American afternoon session for Brent and 31 cents higher for West Texas Intermediate. More subdued inflation, much weaker retail sales, coupled with lower-than-expected U.S. consumer prices in April, triggered a boost in financial market expectations of a September rate cut by the Federal Reserve, which could moderate dollar strength and make oil more affordable for holders of other currencies. Prices have also been affected by the fact that the long-awaited reduction in U.S. crude oil inventories has brought some peace despite the fact that the Middle East conflict continues to reproduce and generate distribution problems. According to data from the Energy Information Administration (EIA), U.S. inventories of crude oil, gasoline and distillates fell, reflected in an increase in refining activity and fuel demand. Inventory figures fell to 2.5 million barrels to 457 million in the week to May 10, versus the 543,000 expected. There have also been possible signs of slowing US inflation and strengthening price-supported demand, as well as we say geopolitical risk in the Strait of Hormuz area remains elevated. In addition to the Russian-Ukrainian conflict that is generating a redistribution and increase in the cost per barrel to Europe. The fact that the news is showing a shortage may simply be a rash of geopolitical risk and failed negotiations between OPEC (Organization of the Petroleum Exporting Countries) and Russia. Both Russia and Saudi Arabia have reduced their production volumes. One of the reasons is purely geopolitical but the more important reason is purely economic, the world economy remains weak and with it the demand for oil. The world's leading economy is on the borderline of a coma to go into recession, and although the second largest economy, China, is growing in GDP, it does not mean that it will have the same dynamism as before 2020. This depresses the outlook for demand and therefore the price. Looking at the chart, it can be seen that the support zone of Brent barrel is located at $71.47 and the resistance to be overcome is located at $95.12. The constant fall in the price has been gradual, so we may continue to see a decline towards the long term support in the coming weeks if the geo-economic picture does not change much. Ion Jauregui - Analista AT ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades1