OIL to $790 in 2029Hi to everyone. Maybe that's the most useful inside for all of you. Oil is going to outperform all the other commodities in the next 6 years. Why? The reason I do not know exactly, but the rise of oil to $790 is undoubtful, technically. Good luck in trades, buddy.Longby maximleanke2
UKOIL🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 Like I said that was just for my notes and to learn, therefore back to the drawing board and more refining of the strategy before we come back. Clearly the consolidation we saw was not a break of structure but rest before continuation. by Mhangwane12
UKOILBig risk and I do not advise it. This is something I have been watching from a distance for months, so no I want to try what I have been figuring out with OIL. I'm only posting because I need it for records and learning material for myself in-case this goes sideways, even when you look the RR is very bad but this is how far my strategy for oil has brought me.Longby Mhangwane12
UKOIL(BRENT)-06/19/2023Preferred direction: BUY Comment: Closing the price above the local resistance 76.30 creates a potential movement for buyers towards 77.39. This will be another major buying hurdle as it is medium term resistance. Given the context of the price movement towards this resistance, there is a very high probability of a breakout to the upside. Perhaps this will not be the biggest upward impulse, however, the approach to the round value of 80 will most likely be provided. Thank you for like and share your views! Longby Viktor_strifor_analystUpdated 332
UKOILThis is my opinion with technical analysis Please respect the following rules: 1- Risk management . 2. Have your own strategy.by sarwar_hassan2
DeGRAM | UKOIL potential double top at the resistance levelUKOIL was rejected at resistance at 77.00 before. The price is printing potential for a double-top. The oil market is consolidating on the 4H chart. We anticipate further consolidation and a bounce off the resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM7712
OIL_BRENT- longIf the retest holds and the price bounces off the former resistance level, I may consider this as an opportunity to go long (buy) with the expectation that the price will continue to rise. However, it's essential to combine price action analysis with other technical indicators or fundamental analysis to increase the probability of making successful trading decisions.Longby tlamelompatane94330
BRENT OIL (It looks up)BRENT OIL the movement will be positive for today stabilizing above 75.40 is bullish to get 77.18 and already above 75.40 stabilizing under 75.40 will be bearish to get 74.25 and 72.90 pivot price: 75.40 resistance price: 77.18 & 77.81 & 79.98 support price: 74.25 & 72.90 & 73.40 Brent oil will move between 75.40 and 77.18 tendency: Uptrend Longby SroshMayi8
Oil (Brent Crude) / Gold (1w, Heikin-Ashi) - little macroeconomyDear Everyone, Now little macroeconomy. We have almost exact 1 year, when Brent Crude Oil peaked in relation to Gold. That in my oppinion suggest as main source of inflation was the cost of energy, not the money supply. With best regards, Pawełby PawelHodurek0
A notable sign of declineThere are no signs of strengthening. Oil, 5D chart. To go higher it was necessary to break above $75 now and consolidate. But no. $65.8 will be reached before the beginning of autumn. We also have a range of $65-50, but it is too early to talk about it.Shortby averkie_skila4
Some ideas for OILOn HTF the price came to one of the strongest support levels, I expect continuation of the uptrend after some consolidation.Longby vazitrades5
#Oil Bearish Trend Continues #BlackGoldPrice is trading below resistance. When green support breaks 60s are expected.Shortby GreatMinds3
CRUDE OIL6 Month later if fix up to 81$, i promise it decrease under 79$ even downestby shahabshafayyan20201
Brent Oil - D1 / Buy or Sell ?Which way will you choose? Buy? Or sell? Tell me your opinion in the comment section below.by Sina_izadi114
Hi, I see A very good Swing trade opportunityHi, I see A very good Swing trade opportunity Risk to reward is very convenient Good luck Every one Longby AlQasim_AnalysisUpdated 222
UKOILThis is my opinion with technical analysis Please respect the following rules: 1- Risk management . 2. Have your own strategy.by sarwar_hassan3
Upside in oilOil short is always a bluff. Why? Because those who play downside are always underdogs in the big scheme.Longby UnknownUnicorn462803Updated 5
UKOILas we can see the first time price managed to pierce through the long line of dynamic base trendline it attempted to fill the gap. the move was done by a red candle with a small shadow below it. this was a very strong barve move. but for some reason the market could not bear the low price & it quickly bounced back upwards the next year. the second time price attempted to pierce through this trendline with less power through a medium sized candle having a very long shadow and successfully reached even below the ichi cloud. yet the GAP could not be reached. This was a testing the market tolerance & the reactions to the move. now the market remebers this one time solid action & the industry is ready to meet the same move in the future. as though it has accepted the fact that such moves are bound to happen again & again. I believe this time the price will finally manage to enter into this unfilled GAP. this GAP ranges from dollar 4.3 to 10.12 .by loginmusa0
OILsome areas that you can have trades on lower time frames because this is 12M Chart .. 🥶Shortby KhodeAlex2
UKOIL - BULLISHUKOIL is bullish on the chart patterns now at 74, bullish up to 78 region. monthly trend line might be broken, there is need to watch out for the monthly down trem which can cause accummulation for several weeks before breakout. overall move remains to the upside. however, oil is a highly sentimental instrument which can be moved by dynamics of the volatile global oil and gas and geopolitical distruptions. keep an eye on news and keep your stop loss. there is crude inventory news during the week.Long10:18by Oaksfx1
Brent CrudeWell Everything is obvious and after retest keeping downtrend between 37 to 40$.Shortby satooshi1242Updated 333
The Black Oil the price can play in a range taken from 191 to 50 dollars per barrel. but ther is also a potential to drop to the level of 24 DPB. The RSI has registered a weakness in the tops and the shows that buyers are becoming weak and the floor of the triangle may break as the sellers have aggregated in this area.by loginmusa2
UKOIL BRENT (It looks uptrend)BRENT OIL the movement will be positive for today stabilizing above 75.40 is bullish to get 77.18 and already above 75.40 stabilizing under 75.40 will be bearish to get 74.25 and 72.90 pivot price: 75.40 resistance price: 77.18 & 77.81 & 79.98 support price: 74.25 & 72.90 & 73.40 Brent oil will move between 75.40 and 77.18 tendency: Uptrend Longby SroshMayi9