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Brent

Brent: Parking Assistant 🚗Beep beep, beepbeepbeep, beebeepbeepbeepbeeeeeep Brent seems to have afforded a parking assistant, judging by the neat way in which it has entered our white zone between $106.12 and $99.47 to finish wave c in blue and wave (B) in white. We expect it to turn around soon and to head for the next parking lot above $114.74, the green zone between $117.78 and $133.52. After Brent has completed wave B in green and wave (C) in white there, it should turn again and home in on the support at $97.56.
TVC:UKOILLong
by MarketIntel
1
⭐️BRENT: forecast for Apr 25-Apr 29➡️ Last week, Brent crude made a major peak at 141$ . It is expected that oil will continue to move in the range of 104.10$ - 114.83$ . The breakdown of the level of 104.10$ and the closing of the price above this level is the main condition for going long. The long target lies at the level of 109.53$ , further growth may continue to 114.83$ . 🔥 BRENT Forecast Results 🔥 ☑️BRENT: small update 👉 +590 points ✅: ➖➖➖➖➖➖➖ 👍 Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
TVC:UKOILLong
by TradePlus-Fx
3
CRUDOIL OMG OIL in many cases is used to maximize the profits of countries that are producers or have important stocks to have easy income at the expense of an energy inflation and therefore that destroys the real economy. If scenario '' a) '' were confirmed, we would be faced with a historic oil record with unprecedented damage to the real economy. $ 175 / $ 200 Please tell me that's not true ... However, we remain hopeful in option '' b '' a controlled return to acceptable prices despite an energy crisis $ 85 / $ 80 We will follow the developments. For more informacion contact us on private LPI.sa
NYMEX:CL1!
by LPI_Investments
Brent Oil - Seller's Time till Apr. 22Brent Oil was completely moving based on the previous analysis that I've shared here (See this and this ). As long as CURRENCYCOM:OIL_BRENT 's in under $108.7, the sellers have the momentum to decrease the price toward $103 support. In the case of any break-up for $108.7 resistance, the analysis would be failed and we should wait for a pullback to the broken area. However, for now, sellers can have the momentum till April 22nd, based on the Fibonacci time ratios of the previous sell-offs.
OShort
by Amir_Shamshiri
USOIL: HAVE YOU TAKEN THE PROFITS?When i posted about shorting UsOil i had seen a similar patterns on pre 2008 crisis, when Oil went from 50$ to 150$ in 18 months. After crash in 2020, Oil has copied a similar pattern, obviously the Covid changed the rules on table, but Oil went from near 0$ to 100$, absurd. If we calculate the Roi based from Moving average to maximum price, we could se a small difference on gain, but i think we could assume are similar for the momentum...that's why i called for a short position. Now it is better stay away from Oil until the price comeback to normale level, and plan a new trades...even if it takes many months.
TVC:USOIL
by yellow_ag
Brent: Watch Your Head! 🤕Brent has been climbing and climbing and climbing and has actually maxed out the space until $114.74. There, it has finished wave (A) in white, butting its head at the resistance line, and subsequently turned around to move downwards. We expect Brent to drop into the green zone between $106.12 and $99.47 to recover and to complete wave (B) in white. Then, it should start to rise again, breaking through the resistance at $114.74 this time. After finishing wave (C) in white as well as wave B in green, ideally in the lower third of the green zone between $117.78 and $133.52, Brent should turn again, heading in the direction of $97.56.
TVC:UKOIL
by MarketIntel
1
$UKOIL - Conflicts, COVID, Sanctions, Triangle patternHi guys! 👋🏻 🔔 Conflicts, military operations, sanctions, COVID seem to be the headlines of 2022 🔔 The bursts of conflicts globally looks so intense that they might be the main drivers of oil prices. 🔔 I really don't think that EU will embargo Russian oil but if they really do, BRENT will hop to $160 easy, which according to the chart here is very possible. 🔔 For now, I'm expecting a slight correction here with a potential on a jump to $123. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
TVC:UKOILLong
by azizelliott
☑️BRENT: on a rollback down➡️ "Black gold" rose to 111$ ahead of the long weekend. At the moment, oil is in the green zone, which seems to make sense amid expectations of tough conditions in the global market amid supply disruptions to Russia. Trading was rather thin in global oil markets on Thursday amid a slowdown in related news flow and as traders wind down ahead of the long weekend in major markets in North America and Europe. At the moment, however, there is a possibility that the instrument will fall to ~105$ early next week. The idea of ​​a short is simple, it will be associated with a pullback after such an increase and in the near future the price will again go up, as expected. ➖➖➖➖➖➖➖ 👍 Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
TVC:UKOILShort
by TradePlus-Fx
21
☑️BRENT: small update➡️ A small update to Friday's oil short idea in a new idea format. The priority of shorts remains, the fundamental reasons remain the same, but a larger perspective, of course, should most likely be expected to go long. Technically, at the moment, the actual short. One can open short from the current levels ( ~111.50$ ). The target of the fall will be the level ~107.17 . 👇 Previous idea for BRENT 👇 ➖➖➖➖➖➖➖ 👍 Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
TVC:UKOILShort
by TradePlus-Fx
15
We could see a HUGE move on Oil in a longterm. DON'T MISS IT. As you can see Oil slowly returns to a huge Ascending Channel which has started in 1999. As long as Oil is inside of the Channel (or close to it) I am great believer of Oil rise. Due to a symmetry I suppose that we could see a huge move till the top of the channel with possible break (or not?) at a middle of a channel. If this setup comes true you were bought at the bottom of the channel and could sell at the top of the channel - that's what every trader dreams about. However, if Oil leaves a channel we could see rush FALL till 20+ area or lower which could mean that all who has leveraged could loose a capital. So, RR is about 1:2. Trade looks to be really danger, so Risk Management is a mandatory (if you just press BUY button with no thinking about risk management of a trade, you probably loose a lot (or everything)). If you have no skills or experience to manage risks, better stay away from Oil now.
TVC:USOILLong
by UnknownUnicorn163516
1
Very very important Channel in Oil_ pay close attention to it. I suppose that Oil has returned to an Huge Ascending Channel (look my longterm view). However, it is now situated in a Descending Channel and while it is inside of it - the decline view should be in a priority. If Oil rise till the top of this channel - prior attention to it - because there is strategic question could be solving - if Oil rise or fall. Remember about risk management. You can use green trendline as a stop line - if price dive below of it - very bearish sign. I suppose we really could see 35-38 level in Oil as a middle of the bottom part of this channel or 30- as a bottom of the channel. Be careful! Good luck everyone! My longterm view:
TVC:USOILLong
by UnknownUnicorn163516
4
Crude spikes... how now, brown cow?And so, Crude spiked, and well above 100 as expected . This defying feat was not quite aligned to the weekly technical indicators, I must say. Nonetheless, the weekly candle itself had bullish lower tails and ended the week near the top. So, appears to continue spiking... perhaps above USD120, at least. The daily chart is rather interesting to me... on Mon, it was resting on a support and did look like it was going to continue the slide, having broken the 55EMA. Then the next three days totally about turned and started spiking. In doing so, it broke out of a trendline (or triangle), and the projections for the upside target is about USD140, at the end of April, or as we turn into May. (green arrow trajectories) Technicals for the daily chart are now turning upwards and bullish in support as well. Technicals aside, this spike and continued bullish momentum correlates to a somewhat expected jolt in global geopolitical tensions that would affect energy supply, and hence prices... especially over the Easter weekend, or just after.
NYMEX:CL1!Long
by Auguraltrader
1
This is my plan for Crude Oil.Crude Oil is one of my favorite assets to trade . My trading strategy on the commodity is about waiting for the price to reach key levels, then waiting for clear corrections in those areas, and finally developing setups on the breakouts of those structures towards the next relevant support/resistance level. The timeframes I use on Crude Oil most of the time are Weekly, Daily, and 4hs. What is my view from the current levels? After a huge bullish movement, caused mainly by the Russia-Ukraine crisis. We have observed a consolidation in the current zone for the last 40 days. From here, it's clear to me to define the long-term bullish target(140.00) and the long-term bearish target (80.00). At the moment, I'm not interested in developing setups on the bearish side. However, I see a trading opportunity on the bullish side that I will definitely take if all the conditions go as expected. You can see my setup in the following picture: The strategy here is to wait for a breakout, wait for a retest, and trade the retest on a new local high. Those retests I'm speaking about tend to take between 4 to 10 days. It's really important that you can define the setups you are interested in in advance, so you can study all the different variations or situations you may go through and get ready for them. This will improve your trading results. Also when you define the scenarios you want to trade, you are indirectly saying that you will avoid trading in all the other places. Thanks for reading! I will keep updating this idea. Feel free to share your view in the comments.
NYMEX:CL1!
by ThinkingAntsOk
2