OIL Collapse has started I will move to a 75 % long PUTmarketThe chart is that of OIL market we have had a abc rally back to .786 and a major down trendline I Have just moved into PUTS as a Crash in the oil market is now in the cards best of trades WAVETIMER by wavetimer4
Oil Elliott Wave AnalysisHello friends On the oil chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of oil. This 5-wave bullish wave has completed wave 5 of 5. Between waves 2 and 4, we also witness an alternation, and wave 3 has more microwaves or, so to speak, more complexity, and this is a confirmation of our analysis. This means that the price increase has reached its end. The possibility of an increase in the price of oil is very small, unless wave 5 forms more complex microwaves (such as wave 3, which has more microwaves). Now these 5 waves can be wave 1 or A, and the corrective wave after that is wave 2 or B, which I give a higher probability of forming 5 waves. In both cases, the price of oil must correct. This correction can continue to 50% ($ 76) or the downward trend line of the previous wave, which is the 76.8% Fibonacci range ($ 73). Be successful and profitable.Shortby M_Gheysvandi2
Gldobal growth in the long term Gldobal growth in the long term Oil is a manipulated market and 70 is traceable as a fundamental level of consensus. At any rate, it's being tried to be defended and the US is probably in on it. Trump, as is obvious, was just saying what he needed to say for the voters, what he was told to say by the dudes at Palantir processing big data. Trump's intelligence appears to be zero. So what he said can safely be forgotten. And remember that there were no bans without Trump, everything that was commercially viable was mined without him. And those who are extracting, and not flapping their tongues, the price below 70 is unprofitable, that's the first assumption. I'm not insisting on anything. Now, if you look at the oil market - not so long ago there was nothing to see, but now it looks like this huge downward complex wave may be over. If I'm right, we can assume that it already has enough sub-cycles of all degrees to be considered complete. Plus, the diagonal nature of both of these triangles is precisely what is meant by trying to sort of “reach” or get closer to some level. The longer the negative trends for this market persisted, the closer - and with a narrower range - prices approached the minimum important level, then stayed there for a long time in a very narrow range, but as soon as there were reasons for a bounce, they bounced back up. 🚀 Trade with the professionals of THS - Wave Theory! 🔹 All trades are based on wave analysis. 🔹 Fixed stop loss and take profit for risk management. 🔹 100% automation: copy trades through CopyFX service. 🔹 Reliability and transparency: the results are confirmed by the market. 📈 Don't miss the chance to earn steadily! 👉 Connect to CopyFX with THS and start copying profitable trades right now! 💡 Details on our channel and in the app! Longby Trade_Hive_Signals2
Is the oil outlook optimistic for the coming months?As 2025 approaches, traders are considering the potential impact of Donald Trump’s presidency, China’s economic efforts, and OPEC+'s gradual easing of production cuts.Longby Super_B_XinR2
Scenario Brent Crude OilI will first focus on the marked circle where the overall turning point can take place, if the price does not reach the support, it is quite possible to move from the marked triangle in the direction of the long, because based on Elliott's wave theory, there is a long formation, if the price breaks below this zone, it is quite possible to weaken prices and proceeding to lower pricesby Sony970
WTI CRUDE OIL & BRENT OIL Weekly Outlook: Wait For SELL Setup!This weekly forecast is for Oct 21 - 25th. US & UK Oil have been up and down throughout this Mid East crises. WIth a strong bearish candle and close last week, the indications are that the market has taken a bearish turn. I will be watching the market closely for a pullback to the newly formed Daily -FVG for a high probability short setup. Take caution, day traders. As there will be buys to take as price retraces up, but I would urge you to remain patient and wait for the HP sells. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.Short09:23by RT_Money0
Brent crude oil looks into the abyss: first $36 then $27 Brent oil is in the giant range of $16 and $150 The price is in the decline within the red large leg 2 down. It consists of 2 white smaller legs. Leg ii is in the progress after a small consolidation (blue). The first downward target is at the bottom of red large leg 1 at $36 The next target is located at the equal distance of red large leg 1 in second leg at $27 Saudi Arabia gave up oil target of $100 to increase output. Cooling Chinese economy is also a bearish factor. Shortby aibek3
WEEKLY FOREX FORECAST SEPT 23-27: S&P NAS GOLD SILVER US&UK OILThis is Part 1 of the Weekly Forex Forecast SEPT 23-27th. In this video, we will cover: S&P500 NASDAQ DOW GOLD SILVER US & UK OIL Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.20:00by RT_Money111
Mid-Week Market Report: Post-FOMC Results, Forecast UPDATES!Wednesday, Sept. 18, 2024 This video will cover the updates to the Weekly Forecasts videos posted last Saturday. With the Fed deciding to cut the rates 50 basis points, there was some volatility injected into the markets, resulting our targets being achieve! Also, we will forecast the SP500, NAS100, DJI, GOLD, SILVER, US & uk OIL markets! So watxh until the end of the video! If you like the video, leave a like/boost. I appreciate your comments, as well. I respond to all of my viewers. May profits be upon you. Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.14:16by RT_MoneyUpdated 2
WEEKLY FOREX FORECAST SEPT 16-20: S&P NAS GOLD SILVER US&UK OILThis is Part 1 of the Weekly Forex Forecast SEPT 16-20th. In this video, we will cover: S&P500 NASDAQ DOW GOLD SILVER US & UK OIL Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.19:50by RT_MoneyUpdated 223
100% correction to the $62 range100% correction to the $62 range Of course, there is also a possibility that the price will go up a bit and then correctby amomehdi0
Brent: Completion of the primary cycle ???If 139.13 ended the cycle wave C the likely retracement support may fall into 57.59-60.87 where wave a to c relationship plays out together with the 38.2% retracement; or lower to 46.46-47.15 where we have the 50% mark and the wave a to c in equality. Interestingly, the 2 red horizontal lines demonstrate the idea of it being a support /resistance tracing all the way back to year 2000. Current retracement down may also bring forth a possibility of another bull run should 139.13 fail to be the top thereby projecting the possibility of higher levels.by micchua3
Brent Crude Futures ready to riseCrab pattern has completed and the price has reached to the support level. We expect the price to rise. Checking lower time frames to enter is a must.Longby Masoud4020
WEEKLY FOREX FORECAST SEPT 2-6th: S&P NAS GOLD SILVER US&UK OILThis is Part 2 of the Weekly Forex Forecast SEPT 2nd - 6th In this video, we will cover: S&P500 NASDAQ DOW GOLD SILVER US & UK OIL Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.20:00by RT_MoneyUpdated 1
Brent oil continues to fall? Given the support in the 77 range After breaking this area, expect a drop to the range of 75.58 and 74.23 Otherwise, after breaking its dynamic resistance in the range of 79.50, we can expect oil to rise to the range of 80.97 and 81.80.by arongroups5
Profits is NO MORE!Macroeconomic and technical analyzes indicate a deep correction (pullback) of oil to the key levels of 40.20, where it will not stay for long; we will test the level below 39.40 and even below 38.60.Shortby sileniv0
WEEKLY FOREX FORECAST AUG 26 - 30th: S&P NASDAQ GOLD SILVER OILThis is Part 1 of the Weekly Forex Forecast AUG 26-30th. In this video, we will cover: S&P500 NASDAQ DOW GOLD SILVER US & UK OIL Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.18:46by RT_MoneyUpdated 222
Oil continues to fall?With the break of the 78.53 range, we can expect oil to drop to the 77.15 range and in case of strength to the 75.58 range. Otherwise, after breaking the resistance of 80.97, we can expect to climb up to the range of 81.79 by arongroups3
WEEKLY FOREX FORECAST AUG 12-16th: USD INDICES GOLD SILVER OILThis is Part 1 of the Weekly Forex Forecast AUG 12-16th. In this video, we will cover: S&P500 NASDAQ DOW GOLD SILVER US & UK OIL Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.20:00by RT_MoneyUpdated 111
01/08/2024 Brent oil set up.Hello Traders, Yesterdays set up was not a success. Market ended up touching our stop. Here's today set up. High and lower structure for a buy position formed on the 15m. H1 chart gives a bias of a bullish market, 50 and 8 EMA crossover confirmed the bearish sentiment. 15m chart, Fib retracement drawn, wait for price to reach the wick candle above 76.8%, slightly above the FVG where liquidity has building, expect market to retrace further up to 100% on the Fib retracement tool where demand is built. •Enter market at 80.926 •Stop loss at 80.116 •Take profit at 82.494 •Risk 2 -5% •R:R is (1 : 2.4) No much change on Baker Hughes Rig Count on number of rigs in operation, demand was affected by crowdstrike last week when planes down, transportation is fine though Yemen has been on the news lately and strikes were noted, reaction from the Houthis on Oil tankers will be monitored for supply disruption. Oil cuts still in progress from OPEC, Nigerian government still playing dirty with Dangotes refinery, which will definitely have an impact in supply and demand for imported oil outside of Africa. Good luck!!Longby Mancoba0
30/07/2024 Trade Idea + Price Update.Hello Traders, Yesterdays set up did not complete, hope you did no fail with patience to wait for a complete trade set up like. Kindly reset your orders. High and lower structure for a short position formed on the 15m. H1 chart gives a bias of a bearish market, 50 and 8 EMA crossover confirmed the bearish sentiment. 15m chart, Fib retracement drawn, wait for price to reach the wick candle above 76.8%, slightly above the FVG where liquidity has building, expect market to retrace further up to 100% on the Fib retracement tool where demand is built. •Enter market at 78.897 •Stop loss above at 79.348 •Take profit at 77.948 •Risk 2 -5% •R:R is (1 : 2.1) No much change on Baker Hughes Rig Count on number of rigs in operation, demand was affected by crowdstrike last week when planes down, transportation is fine though Yemen has been on the news lately and strikes were noted, reaction from the Houthis on Oil tankers will be monitored for supply disruption. Oil cuts still in progress from OPEC, Nigerian government still playing dirty with Dangotes refinery, which will definitely have an impact in supply and demand for imported oil outside of Africa. Good luck!!Shortby Mancoba0
29 July 2024 Oil Trade IdeaHigh and lower structure for a short position formed on the 15m. H1 chart gives a bias of a bearish market, 50 and 8 EMA crossover confirmed the bearish sentiment. 15m chart, Fib retracement drawn, wait for price to reach the wick candle above 76.8%, slightly above the FVG where liquidity has building, expect market to retrace further up to 100% on the Fib retracement tool where demand is built. •Enter market at 80.317 •Stop loss above at 81.021 •Take profit at 78.483. •Risk 2 -5% •R:R is (1 : 2.4) No much change on Baker Hughes Rig Count on number of rigs in operation, demand was affected by crowdstrike last week when planes down, transportation is fine though Yemen has been on the news lately and strikes were noted, reaction from the Houthis on Oil tankers will be monitored for supply disruption. Oil cuts still in progress from OPEC, Nigerian government still playing dirty with Dangotes refinery, which will definitely have an impact in supply and demand for imported oil outside of Africa.Shortby Mancoba0