PDL AND PDH using this strategy to trade and this works 65% most of the times
PDH liquidity
PDL liquidity
SPOTBRENT trade ideas
Brent Crude Oil: Long-Term Bullish BiasBrent Crude Oil has been consolidating for months, forming a strong base of support. Recently, we’re seeing a push to the upside, signaling the potential start of a new bullish trend. Additionally, the ongoing sanctions on Russian oil by the USA could significantly cut down supply, creating upward pressure on prices.
With this momentum and geopolitical factors in play, my long-term bias remains bullish as we may see price breaking out of consolidation and targeting higher levels.
Brent Oil Price Drops from 2025 HighBrent Oil Price Drops from 2025 High
If you follow FXOpen’s publications, you may recall how in 2024, we repeatedly analysed the XBR/USD chart and drew several key parallel lines. For example, in our publication at the end of November.
This is significant because the uppermost of the three lines drawn last year acted as resistance, where the current peak of 2025 was formed, as shown by the arrow.
Price fluctuations in the context of these three lines can be interpreted as follows:
→ The middle line suggests the zone where the fair value of a barrel is likely to be. This is supported by the fact that at the beginning of 2025, the price consolidated near the middle line around the $76 mark;
→ The rise to the upper line indicated an overbought market condition.
Subsequently, like a pendulum, the price of Brent oil began to move in the opposite direction – down towards the middle line, where the fair value is presumably located. The current dominance of sellers is supported by:
→ Trump’s intentions to develop new oil fields, increase exports, and move away from the “green transition”;
→ A reduction in geopolitical tensions – notably, the ceasefire and prisoner exchanges between Israel and Hamas.
It is possible that the sellers’ momentum will continue, as the revival of the US economy through cheap oil may be part of the strategic plans of the new team in the White House, which would drive the trend towards the middle line on the XBR/USD chart.
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Moustafa! Brent Crude Oil towards the uptrend line back 06.01.25* It has to return back to the purple uptrend line and touch it to gain back the buy power in case if it meant to go further more to the upside later on
* It broke already another uptrend line on lower time frames which confirms the bearish move!
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Moustafa! Brent Crude Oil to 73935 (09.01.25)* Broke the downtrend line on the daily frame
* Will go back all the way back close to the point the price surged up from when it broke before an important downtrend line which led to all the bullish wave which i sat an idea before for it and we hit the 4TPs on it.. Now it is the short move turn!
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
UKOIL - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower, this indicates on probable distribution Wyckoff range.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we can notice sign of weakness (reaching the middle of the range), so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
XBRUSD | 17.01.2025SELL 81.90 | STOP 83.40 | TAKE 79.80 | This week, the American Petroleum Institute (API) and the Energy Information Administration of the U.S. Department of Energy (EIA) published reports on reserves. Thus, a decrease in volumes was recorded by 2,600 million barrels after a decrease of 4.022 million barrels a week earlier and by 1,962 million barrels from -0.959 million barrels earlier. As for trading volumes, according to the Chicago Mercantile Exchange (CME), demand for oil contracts has been steadily increasing since January 10 and amounted to 1.750 million per day the day before, compared with 0.950 million per day in the first week of the new year.
Oil to complete Wave 4 as you can see the wave 3 is already completed and wave 4 is going to be started with defined PRZ.. we will proceed to hunt the wave 5 after confirmation
Brent - Peace returned to the Middle East?!Brent oil is above EMA200 and EMA50 in the 4-hour time frame and is moving in its upward channel. On the ceiling of the ascending channel, we will look for oil selling positions. In case of a valid break of the $80 range, we can see the continuation of the downward trend. On the other hand, within the demand zone, we can buy with a suitable risk reward.
Brent crude oil prices have surpassed $80 per barrel. This price increase continues to be supported by declining U.S. crude oil inventories and uncertainties surrounding Russian oil supplies following new U.S. sanctions.
The International Energy Agency (IEA) has stated that the latest U.S. sanctions have the potential to significantly disrupt Russia’s energy exports. These sanctions have blacklisted over one-fifth of the tanker fleet transporting Russian oil. Last week, 160 sanctioned tankers transported over 1.6 million barrels per day of Russian oil in 2024, accounting for approximately 22% of the country’s maritime exports. However, the IEA has maintained its current outlook on Russia’s oil supply and will update it based on future developments.
Meanwhile, reports indicate that Israel and Hamas have reached a ceasefire agreement, though Israel’s Prime Minister’s Office stated that details are yet to be finalized. Israeli Prime Minister Benjamin Netanyahu thanked U.S. President-elect Donald Trump for his role in the Gaza agreement and announced plans to meet him in Washington soon. Netanyahu also expressed gratitude to U.S. President Joe Biden for aiding in the hostage agreement. A senior Hamas official confirmed the group’s commitment to the ceasefire proposed by mediators.
In the oil market, attention remains focused on uncertainties surrounding Russian oil supply after the announcement of stricter U.S. sanctions. Additionally, declining U.S. crude oil inventories provide further support for prices. According to the Energy Information Administration (EIA), U.S. commercial crude oil inventories fell by 1.96 million barrels last week to under 413 million barrels, the lowest level since March 2022. This decline was primarily due to a decrease in crude oil imports by 304,000 barrels per day and an increase in exports by 1 million barrels per day. In refined products, despite a 1.6% drop in refinery utilization, gasoline and distillate inventories rose by 5.85 million barrels and 3.08 million barrels, respectively.
The Colonial Pipeline, which transports about 1.5 million barrels per day of gasoline from the U.S. Gulf Coast to the East Coast, is expected to remain closed until Friday following a leak earlier this week. This has provided limited upward support to gasoline prices.
The IEA and OPEC have both released their monthly oil market reports. The IEA warned that new U.S. sanctions on Russia’s energy sector could lead to supply disruptions. Additionally, the agency revised its global oil demand growth forecast upward due to colder weather in the Northern Hemisphere. The IEA estimates that global oil demand in 2024 will increase by 940,000 barrels per day, 90,000 barrels per day higher than the previous estimate. For 2025, demand is expected to grow by 1.05 million barrels per day.
OPEC, in its monthly report, maintained its 2025 oil demand growth estimate at 1.45 million barrels per day. For 2026, the group’s initial forecast predicts an increase of 1.43 million barrels per day. OPEC also kept its 2025 supply growth estimate for non-OPEC+ countries unchanged at 1.11 million barrels per day and expects a similar increase for 2026. OPEC’s production in December rose slightly to 26.74 million barrels per day, while overall OPEC+ output fell by 14,000 barrels per day to 40.65 million barrels per day due to reduced production in Kazakhstan. OPEC data indicates that demand for OPEC+ crude in 2025 will reach 42.5 million barrels per day and rise to 42.7 million barrels per day in 2026.
Iraq’s Oil Minister Hayan Abdul-Ghani told Reuters that Iraq plans to sign a major oil and gas deal in Kirkuk with BP by early February. He noted that this deal will surpass the scale of the major 2023 agreement with TotalEnergies.
Oil expensive Some kind of Middle East or Eastern European conflict that involves Oil.
This one's from a crystal ball
Also looks like accumulation since 2008
updated oilWe updated oil from around 67 to 69.750 for WTI crude oil and all targets were reached and the final target was 81 yesterday we were at 77 but the target of 81 was reached for Brent crude oil
For Brent crude oil we might see 84 and the other 81
Crude OIL Follow the plan Oil is one of the main tools that pressure the global economy. This tool is manually controlled; I will not repeat who owns it.
For the last 10 years, I have seen this pattern very often when we see a triangle that breaks down, but before it collects liquidity from above and breaks the upper resistance
I talked about it in a previous post
The idea is still the same; the timings are stretched longer.
I intend to pick up a historical start this year, most likely at the end of the year.
That's my lazy plan.
The realization is more complicated because opening a position at the ideal entry point will be challenging. All shorts will be liquidated and stop out for a long time, so we will probably have to stand in the reversal formation phase for a long time.
I could go on and on about politics and how it's explained to you on TV. But I don't do that.
Best regards EXCAVO
Brent Crude Oil Short SetupIt appears that the bullish momentum is exhausted, and the price remains confined within the marked consolidation zone (the square). Additionally, we are observing a double top formation on the 4-hour chart, which further strengthens the bearish outlook.
This is a great opportunity to go short.
Good luck to everyone, and trade wisely! 🚀
Brent Oil Price Retreats from a 3-Month HighBrent Oil Price Retreats from a 3-Month High
On January 6, while analysing the XBR/USD chart, we:
→ constructed an upward structure using blue trend lines;
→ highlighted the potential for a pullback after the formation of peaks A and B around the $76.20 level.
What happened next?
As shown on the XBR/USD chart, Brent oil prices retreated on January 8 to the lower blue line (point C), where bulls successfully resumed the uptrend, pushing the price close to $81—a level last seen in early October 2024, near a key peak (not shown on the chart).
According to The Wall Street Journal:
→ Demand was supported by sanctions imposed by the outgoing Biden administration on Russia’s oil industry.
→ Jonathan Ng, an OCBC Asean economist, noted that the price range of $78–83 appears to be a “relatively comfortable zone” for Brent oil in the near term.
From a technical analysis perspective, the XBR/USD chart displays price action resembling a rounding top pattern. Therefore, it’s possible that after the bullish momentum triggered by the sanctions, another pullback towards the blue channel could occur in the short term.
Going forward, much will depend on the political and trade policies adopted by the incoming Trump administration.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Brent updateGood start to the week I wish you
Now we have the red line above with the breakout and stability above the number 82.930
We will see targets up to $90 but the lack of stability or breakout will see a drop again perhaps to the 73 areas
To follow the updates follow me
UKOIL OutlookUKOIL
Yearly
bullish. we had quite low volume traded on oil last year, that led to indecisive PA throughout the year. seems like we are about to observe a big move north in oil in coming year.
Monthly
we just closed above the yearly POC with VA all the way down around 77.341. from here 2 things can happen
a. price can pull back all the way to the VA and then continue moving up
b. we can just take support from the yearly POC and continue up without a pullback.
either ways, volume will dictate our next move.
although, if we drop down to daily chart, we can see that oil seems quite extended and that it is yet to tag december's VA. it took the path laid out in aforementioned scenario (b) and just continued up taking support from yearly POC (layout 2.2)
Plan
ideally I'd like for price to pull back to the December's VA at the minimum then look for buyers to step in but here are a couple of key price zones to look out for
1. 76.82
2. 74.11
looking for buyers to step in if and when price pulls to these areas. if it doesn't and price just holds the VA of last daily candle, I'd look to continue looking for small long entries.
Bullish Opportunity in Brent! Triple Bottom AheadHi, traders! 👏Welcome back to another technical analysis. Today, we are reviewing Brent Crude Oil on the 4-hour timeframe, and let me tell you: there is a very interesting pattern that could bring a great bullish opportunity!
First, I want you to look at this Triple Bottom pattern I’ve marked on the chart. We have three key points:
Bottom 1, Bottom 2, and Bottom 3, which form solid support around $71.535.
This pattern often indicates a potential trend reversal, and that's why I'm projecting an interesting bullish move.
Now, let's analyze the key levels:
1️⃣ Main resistance at $77.435: This level is critical. If the price manages to break through it, we can expect momentum towards my target, which I’ve marked at $80.159.
2️⃣ Intermediate support at $74.795: This is a reference level in case there are smaller pullbacks before continuing upwards.
3️⃣ Strong support at $71.535: We've already seen how the price reacted strongly in this zone, which validates its importance as solid support.
Additionally, if we look at the RSI, we see that it’s near the 65 zone but not yet overbought. This indicates there’s still room for a bullish move before potential exhaustion.
What am I waiting for? If the price breaks the $77.435, my Buy Limit🚀 is ready to go. I have a stop loss in place and am targeting the level at $81.021, a zone with good profit potential.
⚠️Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a professional before making any trading decisions.
Brent Crude Breaks Out of Consolidation Pattern
Brent Crude has burst out of its wedge pattern, climbing over 7% from its December lows. But with macro uncertainties looming, can this breakout hold—or is it just a false dawn?
What’s Behind Brent’s Recent Rally?
A combination of factors has propelled Brent higher in recent weeks. Cold weather gripping the US and Europe has spiked demand for heating fuels, while fresh stimulus measures from China has reignited hopes for stronger oil demand from the world’s top importer. Additionally, US crude stockpiles have fallen, adding further momentum to the recent price surge.
OPEC’s decision to extend production cuts through 2026 underscores its focus on stabilising the market. However, rising US shale output could challenge this balance. If shale producers ramp up drilling in response to higher prices, it could cap Brent’s upside potential and introduce fresh volatility. Meanwhile, geopolitical tensions such as the ongoing conflict in the Middle East remain a persistent wildcard that will continue to influence prices in the months ahead.
The Technical Outlook: Breaking the Wedge
Brent's price action during the festive period and New Year has seen the market rally more than 4% last week and over 7% from its December lows. This consistent move higher was significant as it snapped the pattern of lower swing highs and higher swing lows. The breakout above key swing highs confirms that the wedge consolidation pattern—which had been forming in the final quarter of 2024 near the March 2023 lows—has finally been resolved.
While the Relative Strength Index (RSI) is showing upward momentum without veering into overbought territory, the breakout lacks a surge in volume to affirm its strength. Furthermore, although the market is comfortably above its 50-day moving average, it remains below the 200-day moving average, leaving room for caution.
For now, Brent’s technical setup suggests further upside is possible. Swing traders will be watching for support at the broken swing highs, as these could form the foundation for a short-term uptrend—especially if the market moves back toward the 200-day moving average.
Brent Crude Daily Candle Chart
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Brent Crude Oil Hits 2.5-Month High in Early 2025Brent Crude Oil Hits 2.5-Month High in Early 2025
The XBR/USD chart shows a strong rally in Brent crude oil prices on January 2–3, breaking above $76.20 for the first time since mid-October.
According to Reuters, this surge was driven by:
- Economic stimulus measures in China, including wage increases for public servants and a significant boost in funding through treasury bonds.
- Forecasts of a colder winter in the US and Europe, potentially increasing demand for oil products.
According to technical analysis of the XBR/USD chart, the price broke out of a consolidation pattern (highlighted in blue) that had confined it in late 2024.
However, signs of waning bullish momentum are emerging:
- At point B, the price only slightly surpassed the previous high at point A before reversing downward, indicating buyer weakness.
- A bearish divergence is forming between the RSI indicator and points A and B.
These signals suggest that Brent crude oil prices could be vulnerable to a correction, potentially targeting the lower blue trendline as a support level.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Year ahead 25'The market is currently trading sideways. I’ll be analyzing lower intraday timeframes to identify potential trading opportunities. Stay tuned for updates, or join us on our website—link available under my profile.
Always consider all potential price movements and focus on trading the opportunities with the highest probability of success. Patience and precision remain key to achieving consistent results in the markets.
Brent Eyes 1Y PP, Key Resistance at 77.05Hello,
BLACKBULL:BRENT is on track to test the 1Y PP, currently approaching its 1-month high of 76.736, which is a solid starting point. Key resistance levels to watch are the 1D at 76.89655 and the 1M at 77.0536. If the price breaks through and holds above 77.0536, we could see further upside towards the 1Y PP, potentially reaching 87.761!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
