๐ Analyzing **UKOIL (Brent Crude Oil)** across multiple timeframes:
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
๐ UKOIL has risen to $75, but a pullback is expected, presenting a better entry opportunity around $72.
This zone aligns with key support, making it an ideal level to consider a position.
๐ Stop Loss can be placed below the support zone for risk management.
๐ We are using trend analysis and support/resistance levels to identify this setup.
โ ๏ธ **Note:** If UKOIL fails to hold $72, we may see further declines. Wait for a proper setup! โ ๏ธ
๐ **Be sure to follow the updated ideas for real-time insights!** ๐
โฐ **Analysis Time:** Brent Crude Oil (UKOIL) across multiple timeframes.
โ๏ธ **Do not forget to set a Stop Loss** for risk management! Protect your capital! ๐
๐ก **Follow your trading plan; this is just my analysis. Iโd love to see your thoughts in the comments!**
โ **Don't forget to hit the 'Like' button** โ ๐๐ & share it with your friends; thanks, and happy trading! ๐๐ฅ
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
๐ UKOIL has risen to $75, but a pullback is expected, presenting a better entry opportunity around $72.
This zone aligns with key support, making it an ideal level to consider a position.
๐ Stop Loss can be placed below the support zone for risk management.
๐ We are using trend analysis and support/resistance levels to identify this setup.
Pine Scriptยฎ
Brent Crude Oil price action suggests a retracement before resuming momentum.
- **Bullish View:** Entering near $72 could provide a better risk-reward ratio.
- **Bearish View:** A break below $72 could lead to further downside pressure.
๐ A strong formation is developing! Watch for confirmation before entering. ๐๐ฅ
โ ๏ธ **Note:** If UKOIL fails to hold $72, we may see further declines. Wait for a proper setup! โ ๏ธ
๐ **Be sure to follow the updated ideas for real-time insights!** ๐
โฐ **Analysis Time:** Brent Crude Oil (UKOIL) across multiple timeframes.
โ๏ธ **Do not forget to set a Stop Loss** for risk management! Protect your capital! ๐
๐ก **Follow your trading plan; this is just my analysis. Iโd love to see your thoughts in the comments!**
โ **Don't forget to hit the 'Like' button** โ ๐๐ & share it with your friends; thanks, and happy trading! ๐๐ฅ
๐ณIndicator: bit.ly/2DJVXDn ๐
๐ฆtelegram: ๐ข t.me/longbuylongsellindicator ๐ข
โ๏ธcontact: t.me/wealthworldmajic
๐ฏweb: no.com
๐ twitter : twitter.com/marxcbabu ๐ฒ
youtube.com/@marxcbabu/videos
๐ฆtelegram: ๐ข t.me/longbuylongsellindicator ๐ข
โ๏ธcontact: t.me/wealthworldmajic
๐ฏweb: no.com
๐ twitter : twitter.com/marxcbabu ๐ฒ
youtube.com/@marxcbabu/videos
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
๐ณIndicator: bit.ly/2DJVXDn ๐
๐ฆtelegram: ๐ข t.me/longbuylongsellindicator ๐ข
โ๏ธcontact: t.me/wealthworldmajic
๐ฏweb: no.com
๐ twitter : twitter.com/marxcbabu ๐ฒ
youtube.com/@marxcbabu/videos
๐ฆtelegram: ๐ข t.me/longbuylongsellindicator ๐ข
โ๏ธcontact: t.me/wealthworldmajic
๐ฏweb: no.com
๐ twitter : twitter.com/marxcbabu ๐ฒ
youtube.com/@marxcbabu/videos
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.