BRENT LONGbrent have a good correction in weekly time frame.
its on a strong level and if we have good shape of bullish candles next weeks we can get long position on brent.
Brent
US BULLISH PRICES - WINTER NEAR - BRENTThis graph is a representation of my point of you of the futures market (USD). First SHORT as people will stock up before winter and hold then LONG once winter hits Europe and fear of lack of Russian oil supply will stop in December.
CRUDE OIL (WTI) Key Levels to Watch Next Week🛢
Hey traders,
Here is my latest structure analysis for WTI Crude Oil .
Resistance 1: 88.9 - 90.4 area
Resistance 2: major falling trend line
Resistance 3: 96.9 - 97.8 area
Support 1: 81.2 - 81.9 area
Consider these structure for pullback/breakout trading next week.
Good luck!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
UKOILHELLO GUYS THIS MY IDEA 💡ABOUT UKOIL is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
OIl on up On the weekly chart, there is ether a strong Falling Wedge in the making.
If the price breaks up and out of the Falling Wedge, we can expect the price to move up to $155.000
If Brent Crude forms an M formation (Double top), it's possible for Brent Crude to be bearish and on the way down. But we need the double top to form first.
What are your thoughts...
The result of the analysisThis is the result of my analysis about Brent. As soon as I said, the next candle was positive
Brent is ready to take offBrent is cooking wave i of (v) of larger wave C. Short-term target is 120-125 range. Ideal target for (v) is 230-250 range. Expect to see completion of the whole structure sometime mid next year. Fasten your belts.
Ability to growAbility to grow. Fall of Void. At the moment, it is not ready to fall and the price will go up again
Short until entry point at 81.98$Short brent oil up to 81.98$.
As demand for oil declines globally due to coming to the recession, it is only a matter of time before the price hits $81.98.
You'r welcome ;)
CRUDE OIL (WTI) Key Levels to Watch 🛢
Here is my latest structure analysis for WTI Crude Oil.
Resistance 1: 88.9 - 90.4 area
Resistance 2: major falling trend line
Resistance 3: 96.9 - 97.8 area
Support 1: 81.2 - 81.9 area
Consider these structure for pullback/breakout trading.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
OIL -12/9/2022-• Oil prices turned bullish recently
• Short term trend is bullish, possible minor head and shoulders in play
• If the scenario is to become true, we are now forming the right shoulder, the last move before the breakout
• Highlighted on the chart is the distance between the head and the neckline which is around 9.00$
• If the bullish breakout occurs, we project this distance to the breakout point
• Target should be around 100 figure, if we get the breakout around 90
• Note: Patterns have a chance of failure quite some times, so it is always recommended to wait for a breakout.
Traders should be patient and try to get as much confirmation as possible such as increasing volume at breakout.
BRENT CRUDE OILOnly have this because we recently had a petrol price (gas/ fuel price) in South Africa. This usually happens before the price rises again, when we get cheaper prices it's the scraps of the current production. That's why our prices are never inline with the world average.
UKOILHello guys this is my trading idea about UKOIL .
IF you like my work please like and follow
Thank you TURTLE TRADER 🐢
CRUDE OIL (WTI) Detailed Technical Outlook 🛢
Weekly/daily time frame analysis on WTI Crude Oil.
Price action, key levels & thoughts.
Potential scenarios.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
MARKET UPDATE!! MARKETS SET AHEAD OF ECB!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
UKOILHello guys this is my trading idea about UKOIL thank you
IF you like my work please like and follow thanks
TURTLE TRADER 🐢
Crude Oil (WTI): Detailed Technical Outlook 🛢️
Multiple time frame analysis for WTI Oil.
Price action & key levels.
Bullish bias explained.
❤️Please, support this video with like and comment!❤️
OPEC and Whales - What next? This graph is a representation of my point of you of the futures market (USD).
MARKET UPDATE!!! WHAT TO EXPECT THIS WEEK?Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
CFDSHello guys i want to share my analysis of CRUDE OIL on daily timeframe Thank you
if you like my work please like and follow Thank you
Turtle Trader
