XBR/USD..4h chart pattern..MY analysis of **XBRUSD** (likely Brent Crude Oil priced in USD) suggests a bullish breakout with several technical confirmations. Here's a breakdown and key considerations:
### **Key Technical Signals:**
1. **Trendline Break** – Price broke a significant downtrend line, indicating potential reversal.
2. **Alligator Indicator** – Lips crossing above the Jaw suggests bullish momentum.
3. **Chaikin Oscillator > 0** – Indicates buying pressure and positive money flow.
4. **Market Structure Shift (MSS)** – Confirms a trend change (higher highs/lows).
### **Trade Plan:**
- **Entry Trigger:** Consolidation above **62.60** (confirms support).
- **Targets:**
- **65.00** (initial resistance).
- **68.00** (next key level if bullish momentum continues).
- **Risk Management:**
- A stop-loss below **61.50-60.80** (below recent swing low) would be prudent.
### **Fundamental Catalyst:**
Geopolitical tensions (e.g., Middle East supply risks, Russia sanctions) could sustain upward pressure.
### **Caution:**
- Watch for false breakouts; confirm with volume & closing prices.
- If oil inventories (EIA/API) show unexpected builds, it may reverse gains.
Would you like additional confirmation indicators (e.g., RSI, MACD) to strengthen the setup?
USDBRO trade ideas
UPDATE - Brent Crude missed Take profit - Time to panic?Well with trading it's never time to panic.
If you're panicking it means:
1. Your ego is too high and you're predicting rather than reacting
2. Risking too much
3. Attaching emotions to machine
Even if it hits the stop, that's the name of the game - TRADING>
However, the game is still in play. The price continues to make lower highs and it looks up it's going up to test the recent downward trend line.
Break above, and it will be more likely to not play out.
But NO panic! Please we're adults and taking on this as a business venture not a lotto.
M Formation
Price<20 and 200
Target $56.13
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Crude Oil: Waiting for Clear SetupThe upside movement in oil is very limited, and the overall trend remains bearish.
I'm not considering long positions at this point. For a trend reversal, I would need to see a breakout above 68 — ideally with some consolidation above that level. Too many “ifs” right now. For me, there’s no clear trade setup here yet.
As for short positions, it’s still too early. I’d like to see a daily close below 63.50 before considering an entry.
Brent Crude Oil Wave Analysis – 5 May 2025
- Brent crude oil reversed from support zone
- Likely to rise to resistance level 62.00
Brent crude oil recently reversed up sharply from the support zone between the key support level 58.60 (which stopped the previous sharp impulse wave i) and the lower daily Bollinger Band.
The upward reversal from this support zone formed the daily Japanese candlesticks reversal pattern Hammer, which highlights the strength of this support area.
Brent crude oil can be expected to rise to the next resistance level 62.00 (38.2% Fibonacci correction of the previous sharp downward impulse from April).
Brent Crude Opens with a Bearish GapBrent Crude Opens with a Bearish Gap
As shown on the XBR/USD chart, Brent crude oil opened this Monday morning around $59.00, forming a bearish gap relative to Friday’s closing price of approximately $61.40.
The current Brent crude oil price is near the yearly low reached about a month ago, following the announcement of Trump’s tariffs, which turned out to be significantly higher than expected.
Why Is Oil Falling?
As we noted on 30 April, market participants are closely watching news related to OPEC+. Over the weekend, during an online meeting (according to media reports), the following developments occurred:
→ It was stated that the current oil market is fundamentally healthy;
→ A decision was made to accelerate the pace of oil production increases.
According to the plan, output will rise by 411,000 barrels per day — with some believing this move is partly due to certain OPEC+ countries previously failing to adhere to production quotas.
Technical Analysis of the XBR/USD Chart
Oil price movements in 2025 form a descending channel (shown in red), with progressively lower highs and lows indicating bearish sentiment.
Although bulls may hope that the lower boundary of the channel could act as support, bears are showing signs of dominance (as indicated by arrows):
→ the median line of the channel previously acted as resistance;
→ now, similar behaviour is seen at line Q, which divides the lower half of the channel into two quarters;
→ the Rounding Top pattern also signals strong selling pressure.
Fundamentally, oil prices are supported by China’s willingness to negotiate tariffs with the US. However, considering the OPEC+ decision and ongoing fears of a global recession, the current downward channel on the Brent crude oil price chart is unlikely to lose relevance any time soon.
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.
"UK Oil Spot/ BRENT" Energy Market Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
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 long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (68.500) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📍 Thief SL placed at the recent/swing low level Using the 4H timeframe (64.000) Day/Scalping trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 72.200
💰💵💴💸"UK Oil Spot/ BRENT" Energy Market Heist Plan (Day / Scalping Trade) is currently experiencing a bullishness🐂.., driven by several key factors.☝☝☝
📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets... go ahead to check 👉👉👉🔗🔗
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
"UK Oil Spot/ BRENT" Energy Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
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 entry. Our aim is the high-risk GREEN Zone. It's a Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
however I advise to Place sell limit orders within a 15 or 30 minute timeframe most nearest or swing, low or high level for Pullback Entries.
Stop Loss 🛑:
📌Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (67.500) Day/Swing trade basis.
📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 60.000 (or) Escape Before the Target
💰💵💸"UK Oil Spot/ BRENT" Energy Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇
📰🗞️Read the Fundamental, Macro Economics, COT Report, Seasonal Factors, Intermarket Analysis, Inventory and Storage Analysis, Sentimental Outlook, Future trend predict.
Before start the heist plan read it. go ahead to check 👉👉👉🔗🔗🌎🌏🗺
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
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.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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 move to end. It’s too late to short, and too early to go long.
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 consolidation area and could act as a ceiling for the current rally.
Bearish Scenario:
If WTI fails to break above 6533, it may resume its decline toward:
6207 (near-term support)
6080
5885 (longer-term support)
Bullish Scenario:
A confirmed breakout and daily close above 6533 would shift momentum and open upside targets at:
6707
6860
7040
Conclusion:
WTI Crude Oil remains under bearish pressure unless it breaks and closes above 6533. Traders should monitor this level closely for signs of rejection or breakout.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Crude Oil BearishRecently, the daily line of crude oil has begun to fluctuate repeatedly. The amplitude may show that it has the possibility of building a big bottom. Yesterday, the daily line closed with a big tombstone. The long and short positions were under great pressure and there was a technical retracement. Today, we consider rebounding to around 63.00 first and then shorting it. Crude oil still needs to fall. 64.00-65.30 are all super suppressed. This position must be broken, and it will experience several waves of back and forth and washing. We have always maintained a bearish long-term trend and a short-term shock approach.
XBRUSD is moving within the 58.80 - 62.80 range👀 Possible scenario:
Oil prices rose nearly 1% on May 8, lifted by optimism ahead of U.S.-China trade talks scheduled for May 10 in Switzerland, where Treasury Secretary Scott Bessent will meet with China's top economic official to address trade tensions. The potential easing of the dispute between the world’s largest oil consumers could support demand. However, gains were capped by concerns over inflation and unemployment after the Fed kept interest rates unchanged.
U.S. crude inventories fell by 2 million barrels, and production slightly declined, offering additional price support. Still, Citi Research lowered its 3-month Brent forecast to $55, citing ongoing supply risks and uncertainty around a possible U.S.-Iran nuclear deal.
✅ Support and Resistance Levels
Now, the support level is located at 58.80.
Resistance level is now located at 62.80 .
BRENT Crude INTRADAY oversold bounce capped at 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 consolidation area and could act as a ceiling for the current rally.
Bearish Scenario:
If WTI fails to break above 6533, it may resume its decline toward:
6207 (near-term support)
6080
5885 (longer-term support)
Bullish Scenario:
A confirmed breakout and daily close above 6533 would shift momentum and open upside targets at:
6707
6860
7040
Conclusion:
WTI Crude Oil remains under bearish pressure unless it breaks and closes above 6533. Traders should monitor this level closely for signs of rejection or breakout.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Brent under pressure: A rebound may be comingIn 2025, oil prices have come under significant pressure, falling more than 21% since the beginning of the year — from $75 to around $59 per barrel of #BRENT. This decline was driven by increased production from OPEC+ countries, weak global demand (particularly in Asia), heightened economic risks due to trade disputes, and rising output from non-OPEC producers such as the U.S. and Brazil. Together, these factors created an oversupply amid stagnant demand.
Currently, the oil market continues to be shaped by a range of influencing factors. While accurately predicting prices remains a challenge, several key drivers are likely to steer oil price movements in the near term. Here’s a look at the main bullish and bearish factors:
• Geopolitical tensions (Bullish driver): Ongoing or emerging conflicts in key oil-producing regions (such as the Middle East and Eastern Europe) raise concerns about potential supply disruptions. Even without actual disruptions, the perceived risk leads traders to factor in a “risk premium,” pushing prices higher. Any escalation could trigger sharp price spikes.
• OPEC+ policy (Bullish/neutral driver): The alliance’s production decisions remain a major influence on supply. If OPEC+ maintains or tightens its current output cuts to balance the market or target price levels, this will support price growth or at least stability. Conversely, quota breaches or output increases would weigh on prices.
• Global economic outlook (Bearish/bullish driver): The trajectory of global economic growth directly affects oil demand. Signs of GDP slowdowns in major economies (U.S., China, EU) tend to weaken demand and drag prices lower. On the other hand, if economic growth proves more resilient than expected, it would support oil demand and prices. Uncertainty over the growth path of many countries persists in 2025.
• Non-OPEC+ output growth (Bearish driver): Countries outside of the OPEC+ alliance — including the U.S. (shale), Brazil, Guyana, and Canada — continue expanding their production. Significant output increases from these nations could offset OPEC+ efforts and lead to market oversupply, applying downward pressure on prices.
• Energy transition and underinvestment (Medium-term bullish driver): ESG pressures, the global shift toward renewables, and uncertainty around long-term fossil fuel demand have led to underinvestment in new oil exploration and development. If existing capacity declines faster than new projects come online, a structural supply deficit could emerge, supporting higher prices even amid the energy transition.
FreshForex analysts believe that, given ongoing geopolitical risks, strict OPEC+ policies, and underinvestment in production, the oil market is nearing a potential upward reversal. A modest uptick in demand or increased tension could be enough to put oil back on a growth trajectory.