Brentcrude
BRENT OILBRENT OIL 4H
BRENT CRUDE
BREBT OIL ANALYSIS
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Be Different ...
Hamid Rahathagh
USOIL UKOIL BRENT OIL Fall is coming LBLS indicator AnalysisAs per the LongBuyLongSellIndicator
This is very clear Short is dominating the Long Power , Short is overruling the Long Haul
All the Oil price will get a huge drop from this level .Get Set Go !!!
Like ,Follow Comment and here is the details of the Script
#USDBRO#BRENT, The downfalls soonOur sales recommendation is based on several things.
The Brent is below the average line and as you can see in recent months it has not really been able to rise above it.
Stochastic is Overbought (over 80 points).
The Ichimoku cloud is still red which means we are still in the midst of a downward trend.
Most importantly in the daily graph, a red star appeared in the daily graph that usually announces the end of a current trend!
Target: 59.60
USDBRO bounced from support, potential for a further rise!
USDBRO bounced off 60.70 where it could potentially rise further to 64.80.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
The break of red trend line will kill oil businessIf oil wont find support at $42, then it has chances to drop another $15-$20
Oil - Short entry Trades explainedBrush up on the beautiful oil move this week (been waiting for it for ages)
USDBRO bounced from support, potential for a further rise!
USDBRO bounced off 62.30 where it could potentially rise further to 64.80.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
x22. BrentBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.
USDBRO bounced from support, potential for a further rise!
USDBRO bounced off 62.20 where it could potentially rise further to 64.80.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
...as Buyers looks to push the Price of BRENT higher.When there is a will, there will always be a way! Buyers are aiming to get Prices as high as 70.00 for UKOIL aka BRENT(XBRUSD) medium term.
Longer term - Invariably the overall goal for Buyers is to get Prices for this sweet juice trading above $100 per barrel, actually up to around $108.00 mark, all this culminating from activities of the early days in 2016 with precise origins at the beginning of the year before(2015) but this motive was not supported throughout that year.
Mavintrades - Only the Technicals are considered at Mavintrades and no single thoughts/interest afforded to any sort of Fundamentals in all our study..
BRENT OILBRN
BRENT OIL
BRENT CRUDE
BREBT OIL ANALYSIS
--------------------
Be Different ...
Hamid Rahathagh
USDBRO reversed from resistance, potential drop!
USDBRO reversed off its resistance at 59.71 where it could potentially drop further to 58.50.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
USDBRO bounced from support, potential for a further rise!
USDBRO bounced off 58.95 where it could potentially rise further to 61.40.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Brent Crude Oil Breakout. Stock Market Signal?We had a break out on UK Oil here on the 4 hour chart. US Oil is at the breakout point:
Oil has been in a prolonged downtrend with lower highs and lower lows. We began basing at the 57.50 zone on Brent.
From here, we began to show exhaustion of the trend and it appears we have made our first higher low here with the higher high. For those that are more conservative, perhaps see how price reacts at 60.
For our target, it would be the 62.75 zone although be sure to see how price reacts at the 61.30 zone.
A lot of talk about the Turkey Syria situation, however as I discuss in my post regarding Aramco, Oil is bearish due to recession fears however any geopolitical events will prop Oil.
In fact, it seems Oil must be propped. When Oil fell below 25 in the last down move, Oil companies were about to go under. Governments basically forced the banks to loan money to these Oil companies...the banks knew these Oil companies would never be able to pay back. They are essentially "zombie" companies.
So is Oil does fall a large percentage, not only will these Oil companies be in trouble, but also the banks which loaned to them.
For the US markets, Energy and Finance are the two largest components. If those two sectors are up, the overall markets are likely to be up. If we see a move higher in Oil as expected from these set ups, expect equities to follow.
No more free markets folks. everything really needs to be managed due to financial engineering our central banks used to generate growth...rather than growth from underlying fundamentals.
USDBRO bounced from support, potential for a further rise!
USDBRO bounced off 58.95 where it could potentially rise further to 61.40.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BrentCrude Oil (BCO)Price cannot seem to close below support levels. In an attempt to push below toward the downside, price creates a bullish pin off daily support levels. Great buying opportunity for bulls.
BRENT CRUDE POWERFUL BULLISH REVERSAL PATTERNBrent crude is formed a double bottom pattern with a strong pinbar pattern and a bullish reversal pattern.
Brent has previously made a fresh higher high and failed to form a new lower low, signaling a possible trend reversal to the upside. Also, notice the (slight) bullish divergence in the RSI.
Could we see a retest of the recent high near the $70 mark?
Short Opportunities Brewing...Oil has fallen to pre-crisis (Houthi rebels/Iran attack) and filled in the original gap.
Price has closed just above the start of a large support zone (~400 pips)
The RSI2 is approaching oversold conditions
Whilst the dominant trend is certainly to the downside, this support zone has been defended by bulls in the past. This should give many opportunities to get short with a maximum tp level of $56.
