UK US OIL Did it see the upmove ?Recently posted here that oil is gonna have upmove the same had happened . Now what is next As you see this in the chart ,It is clearly in the consolidation After the consolidation price must go up or down ,Looking at the chart i see this will go down rather up. by MarxBabu1
BRENT OIL ( UK OIL ) LONG term Trade AnalysisHello Traders In This Chart UK OIL HOURLY Forex Forecast By Forex Planet today UKOIL analysis 👆 🟢This Chart includes_ (UKOIL market update) 🟢What is The Next Opportunity on UKOIL Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.Longby ForexPlanet204
Oil may jumpThere uncertainty in Russia and relation between kremlin and Wagner is sour, this can results in high volatility and specially on energy sector and precious metals. If the situation is not contained quickly, I believe that on Monday the price of the oil will jump due to uncertainty, it might reach 85-90. Please be careful with volatilityLongby Adamh-FXUpdated 2
Ukoil :)I entered a trade as the price retraced, and I noticed several factors confirming my decision. SMARMCDX suggests that institutional traders are in control, and the EMA 50 indicates a strong uptrendLongby Orkhestra1
UKOILUKOIL LOOKING Strong More upside with the oil price for the rest of the yearLongby waynepipkill1
Oil to see Up moveAs there is fresh long candle formed ,Oil will continue to have momentum in the long side. Longby MarxBabu0
Brent - dubious growth.Everything looks really as if the buyers were going to accelerate to 90, and maybe even higher. But I have some doubts and have not made any purchases yet. I prefer to focus on the classics. And I didn’t see the classic test of the recently completed level. Therefore, I doubted. Of course, it is possible that it will only be in the near future. The probability of a rollback is also indicated by the fact that the technical resistance levels drawn on the chart yesterday noticeably interfere with growth, and it may turn out that the next closing prices will be very close to the first resistance of 89.60 or even below it. Which will be the beginning of a rollback to support around 86.by aleksandr_shirin2
UK Oil SelloffHere you can see on the daily TF. The sell has already started after hitting an orderblock, Also on the 4hour TF you can see that the trend is being respected. I see oil going back to highs but first we must "sweep the floor"Shortby UnshadedJayv1111
Bulls game over Down move incoming.. Daily TF big move down incoming.Good luck and safe trade 👍Shortby habib078641777
Buy BRENT#BRENT Oil continues its steady growth on expectations of a reduction in supplies from the Russian Federation in September, as well as positive news from China. However, at the moment the price is starting to look a bit overheated and needs to be deflated. Against this background, I am waiting for a suspension and correction in the coming days. Nevertheless, the uptrend is strong, so the plan is to open purchases near the levels of 87 and 86 dollars per barrel with a take profit of 88.50.Longby airstels9
Brent - a brief overview.Today, I was already expecting some more tangible news on the oil chart. But for now, we can say they are not at all. In the current conditions, I suggest focusing on technical levels: Resistance 3 - 91.77 Resistance 2 - 90.34 Resistance 1 - 89.60 Pivot point - 88.17 - the price is now just above it, and perhaps after its breakdown, we can expect a further decline to the level of 86. Support 1 - 87.43 Support 2 is just at level 86. The test we expect. Support 3 - 85.26.by aleksandr_shirin1
DeGRAM | UKOIL structure based tradeUKOIL is moving to resistance at 90.00 and a fibo extension level. The price is printing potential of the AB=CD pattern. The oil market is approaching major resistance on the D chart. We anticipate a reversal from the resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM7730
long positionThe price of Brent oil will increase dangerously soon. Follow me to be aware of the analysis. Be happy and profitable hassanbaratiLongby hassanbarati2
Brent made an attempt to get out of the corridor.Well, it looks like they waited - yesterday the oil quotes passed the resistance level and today they continued their (possibly!) victorious march. But I ask you to be patient. The quotes have not yet left the sales area and making deals to buy is still very risky. According to the classics, now the support level should become the resistance level. When we see it with you - then it's time to buy.by aleksandr_shirin5
Is Brent going to hit its daily target - Stretch principleThis trade we are looking at on Brent oil is based on the stretch principle. We have entered on the close of the confirmation bar(the one with the dot) according to our smart money framework indicator and our trend alignment with the the higher timeframes. E - 1.2643 SL - 1.2547 T - To be confirmed(TBC) So far,it is going in our favour as it has taken out the upper stretch line which gives the bigger range from open(BRO) a higher probability to form in that direction. We will be tracking this move and managing it as we go along. Keep a look out for it traders. To understand our ideas and videos better,we highly recommend watching our following stream videos: 1. 7 steps to achieve consistent trading performance www.tradingview.com 2.7 steps for strategy construction www.tradingview.com 3.Stretch principle videos Refer to related ideas links as belowLongby masterthemarkets2010Updated 226
Oil at the upper boundary of the corridor.Brent oil is the second time in five weeks to the upper limit of the global corridor. Of course, there are quite a number of buyers on the market. And it seems that there are more and more of them, because during these 5 weeks, the forces of buyers released the quotes down very close to the current levels. What can not be said about April 2023, when after the first touch of the level of 86.90, the price immediately went down to 71.50 with almost no tangible pullbacks. Perhaps this time the bulls will succeed. You just need to remember that buying now can carry a high risk. Buying risk content will decrease if the price consolidates above 86.90.by aleksandr_shirin1
UKOIL Long Idea Daily bias switched over to long today. no strong resistance till 85.77 visible. 2 potential entries marked on chart along with all relevant information needed to assess long idea. additional potential entry can be expected at London open. I usually trade just London session but this setup looks too good to pass on if it presents right away. but I will wait till the POC is cleared. whether it does this in next 15 minutes or after London opens up, we will see. Longby Osiris992Updated 1
selltp1:85.53 tp2: 82.44 tp3: 78.80 tp4: It is still possible to continue the downward trend So manage in D1 *** After the price reaches the first target, risk free😎Shortby Amir_NJZUpdated 4
Brent oil has a new target.In my opinion, Brent oil quotes are preparing to decline, and in all likelihood the first target is $80 per barrel. There is a slight complication, which consists in the fact that it will make sense to open a sale only below the level of 81.50. If it is a confident breakdown, then everything is in order, but it may turn out that the bars will reach 80 only with shadows, in which case it will not work.by aleksandr_shirin2
Brent crudeThe "Supertrend EMA Strategy" is a trend-following trading strategy that combines the Supertrend indicator and Exponential Moving Average (EMA) to identify potential trade entry and exit points. It also employs a trailing stop mechanism to protect profits and manage risk. Components: Supertrend Indicator: A trend-following indicator based on the Average True Range (ATR). It provides signals for potential trade entries based on the prevailing trend direction. Exponential Moving Average (EMA): A type of moving average that gives more weight to recent prices. It serves as a filter for trade entries. Trailing Stop: A dynamic stop loss mechanism that adjusts the stop level as the price moves favorably. The strategy uses both an initial trailing stop and a maximum trailing stop, calculated using the ATR value and a user-defined multiplier. Workflow: Define user inputs: Set the lengths and multipliers for the Supertrend ATR, EMA, and trailing stops. Calculate indicators: Determine the Supertrend and EMA lines and calculate the ATR values for the initial and maximum trailing stops. Determine entry conditions: Enter a long trade when the Supertrend direction is bullish, the closing price is above the EMA line, and no active trade exists. Set trailing stops: Calculate the initial and maximum trailing stop levels based on the closing price and respective ATR values. Adjust trailing stop: Update the trailing stop level as the price moves favorably, ensuring it always follows the price upwards. Exit trade: Close the trade when the price falls below the current trailing stop level, using the higher of the initial or maximum trailing stop levels. Plot indicators and stop levels: Display the Supertrend line, EMA line, and trailing stop level on the chart. This strategy is suitable for traders who prefer trend-following approaches and wish to capitalize on price movements while managing risk with a trailing stop. It can be applied to various timeframes and adapted to fit individual preferences and risk tolerance.Longby tradingtechnicals.tt1
UK Oil Daily AnalysisPrices move because of supply and demand. When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.by khaleqdad1