Brent Oil Update: Correction Completion and Growth OutlookUpdated the medium-term structure on Brent oil TVC:UKOIL FX:UKOIL ICEEUR:BRN1! NYMEX:CY1!
Currently, I see several scenarios for market development:
🥇 Base Scenario:
Correction unfolds as an A-B-C pattern, where wave C took the form of an Expanding Ending Diagonal (eED).
Although th
About CFDs on Brent Crude Oil
The Brent Сrude oil was originally produced from the Brent oilfield in the North Sea. About 2/3rds of all crude oil contracts around the globe include Brent Сrude oil, making it the most popular marker. Its relatively low density and sulphur content are the reasons why it’s described as light and sweet. One of the advantages is transportation since this type of oil is waterborne. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum and has a UKOIL ticker symbol.
Potential Decline of Brent Oil Price to $50 in the Near Future.Brief Overview of Events and News Explaining the Potential Decline of Brent Oil Price to $50 in the Near Future.
➖ Increased OPEC+ Production:
On April 3, 2025, eight OPEC+ countries unexpectedly decided to accelerate production increases, adding 411,000 barrels per day starting in May. This dec
"UK Oil Spot/ BRENT" Energy Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "UK Oil Spot/ BRENT" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short en
Oil in FreefallOil keeps moving lower without pause. There’s not a single valid reason to buy, except for “it’s already very cheap”—but that argument leads to poverty!
Where this will end—no one knows. Let the asset settle, and the chart will tell us when it's time to buy.
📝 Trading plan:
Wait for the downward
Brent Crude INTRADAY bearish below 6533The price sentiment for Brent Crude Oil remains bearish, in line with the prevailing downtrend. Recent price action shows an oversold rally, which has stalled near a previous consolidation zone around 6533 — a key resistance level.
Key Resistance Level: 6533
This level marks a previous intraday con
Mastering oil trading with multiple timeframe analysisThis video shows how multiple timeframe analysis helps improve entries, manage risk, and avoid false breakouts when trading brent crude oil.
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Brent oil prices look ready to roll-over, here is whyOil is setting up for a potential drop of over 4% if key support breaks, with a deeper move possible if global weakness continues. This video shows you the exact levels to watch and how to trade the move using technical and macro analysis.
This content is not directed to residents of the EU or UK.
Brent Crude Oil oversold bounce capped at 7110Brent Crude Oil is showing bearish sentiment, in line with the current downtrend. Recent price action to be an oversold bounce back towards a key consolidation zone, adding pressure to the downside.
Key Levels:
Resistance: 7110 (current swing low, now resistance), 7240, 7390
Support: 6583, 6500, 64
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Displays a symbol's price movements over previous years to identify recurring trends.