Black Gold must have a back!Here is a dual opposite Zones you can have two limit order and a under month scalp
UKOUSD trade ideas
ukoil 8h chart broke down 15% correction warningUKOIL 8hour chart review/outlook. Broke key s/r recently
so expecting weakness next 4-8 weeks. Previously compression
intro triangle pattern and sequence of higher lows was
invalidated recently with break of 83.50 USD.
sequence of higher lows at 76.50 and 79.85, but broke
down with recent sell side pressure mounting due to
US banking crisis. Based on measured move price projection
bears will target 69.50 USD, so this is a 15% correction off
the base of the triangle patter setup.
Recommended strategy: short sell rips/rallies and exit
final TP at 69.50 on sell side.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Target 45,27. Recession! Following monthy chart.
Before I shared a short setup an it hit the target
Then shared a long setup, it hit the target
This time it's a bit concerning. I got a short signal from my indicator and I think target will be 45.27 in fibo.
SL 112.
This means recession, something bis is coming soon.
BRENT 4H BUYBRENT 4H BUY
TP 80.113
To manage accounts, contact me
Risk Management is Key Good luck
Good luck
Laterally Market (March April Challenge)Here we are doing the basics where we gonna use the strong laterall market and strong resistance and suport zones to get a long trade at the suport and then selling at the resistance.
UKOIL Charted 3-13-23 8:38pAlerts on Major trend lines and 2 short term horizontal support/resistance alerts.
OIL UPDATE - SHORT TVC:UKOIL
According to the combination of failur in upside movement and negative news around macro economy, i expect more decline for oil price .
UKOILYou can see the possible scenario for the completion of price correction waves. We are completing C wave of Y
Analysis of 13-3-2023 1Oil : In European trade, Oil corrected back from a slight uptick. Sell executed on 81,219. This is also last night's low.
DeGRAM | UKOIL short opportunityUKOIL broke through the support level .
The price tested, broke, and closed below the major resistance level of $84.00.
The oil market is printing a triagle pattern.
We anticipate a bearish continuation trade.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL / BRENT the line maybe is important line zone for buy or sell.
note : my analysis and trading style is base on supply and demand , support and resistance . market structure, and price action.
before entry I will wait and see how price approach and react to the zone. must waiting / look how price action (reaction) and market pattern when price come to the line zone before decide to entry at the line zone.
if didn't have any good price action and market pattern. I will ignore the zone.
"trade what u see on the chart and think (by logic) , do not trade with what u want or what u asked or what u hope (by emotional)"
happy trading all
Break or Bounce?Price is once again creeping towards support for a 5th attempt by the sellers to push lower. Despite numerous attempts, the buyers have successfully defended the zone since December 2022. Are we going to see another bounce or have the sellers now gathered enough momentum to break out of consolidation.
UKOIL // Triangle patternThere is compression in the triangle. Let's pay attention to the direction of the break.
brentmy hopes are with gas ,
prices will grow thy, but i REALLY hope not that big, i got 2 litre munchmonster
Brent Oil Fractal Repeat Roadmap July 2022So far it has followed the 2009/2011 recovery fractal very well
Oil moves in an ascending channel?
Brent oil needs to conquer the resistance of 200EMA at 89.60 before we can talk about 90ish price. A bit hefty upside due to some bearish divergence seen across indicators.
More likely to stay neutral in the range 81.51-89.60. Yeah it is a big volatile range.
Brent - target 94 in wave (2) pbWave (2) in crude is taking shape of a wxy structure where only C of y is left. I count 1-2/1-2 from 23/02 low. I expect to see a strong move at least to 90, then pb in 4 to 88, then up again to 94 target in 5 of C.
Brent Confirm the Weakness Brent Confirm the Weakness after Close Under 84.700 , We may trade now in wave C that target level 70.20 …. close above 86.50 cancel this idea
