Trade Setup for 20 Feb 2023Buy UK oil @ 83.59 Stop loss @ 82.59 Target 1 @ 84.49 Target 2 @ 85.39Longby suhas3163
BCOUSD Potential for Bearish Drop to previous swing lowLooking at the H4 chart, my overall bias for BCOUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 8392.4, where the 38.2% Fibonacci line and overlap resistance is. Stop loss will be at 8673.5, where the recent swing high is. Take profit will be at 7902.9, where the previous swing low is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets2
BCOUSD Potential for Bearish Drop | 20th February 2023Looking at the H4 chart, my overall bias for BCOUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 8392.4, where the 38.2% Fibonacci line and overlap resistance is. Stop loss will be at 8673.5, where the recent swing high is. Take profit will be at 7902.9, where the previous swing low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website. Shortby Rockqet1
Brent monthly chartOn the monthly chart we can see that the long term channel mid line supported price after falling from 133$ high, so I expect a rebound at least @ 50% fibo level (around 104$) before bearish big move will restart.by mpd0
supply&demand momentum setup , top-down analysis MN-W-Dstarting off my analysis on the MN timeframe price took out a supply level @ 67.28 with its rally to the upside , price then made a swing high @ 86.68 before retracing , with the retracement being the market coming to retest the break of the MN supply level now acting as demand (prev supply becomes demand) at the level I also have a weekly demand level @ 69.91 which is currently in control and at the level I spotted a nested daily demand/valley @ 66.50 which is both fresh and original , still on the daily THE MARKET formed 2 swing higher lows which I used to connect my bullish trendline and this past trading week price came to retest the trendline and failed to close below it , providing me with a momentum setup. I am going long soon as the market open with targets at weekly supply 81.65 where there is also an unfilled gap.Longby currencynerdUpdated 7
DeGRAM | UKOIL bearish trend tradeUKOIL bounced off the psychological number of 87.00 and resistance level. Price action printed a double top, then it broke out of the ascending channel and made a lower low and lower close. We anticipate a trend continuation trade if a sell opportunity presents itself right at the kill zone. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM9919
Long Brent OilSee what todays price action brings, if close above 80 with positive momentum, take long ~87. See price reaction here, , either get out or play till next level ~97. OLongby KarmanDeLangeUpdated 1
UKOIL in the future will reach this target ?now its trading out of the big wedge formed over the past years maybe its just an idea Longby Dr-Ali-Odabi1
Crude Oil Futures ( CL1! ), H4 Potential for Bearish DropTitle: Crude Oil Futures ( CL1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 90.671 Pivot: 86.655 Support: 81.047 Preferred case: Looking at the H4 chart, my overall bias for CL1! is bearish due to the current price crossing the Ichimoku cloud, indicating a bearish market. If this bullish momentum continues, expect the price to continue heading toward the support at 81.047, where the 23.6% Fibonacci line is. Alternative scenario: Price may head up to the resistance at 90.671, where the 61.8% Fibonacci line is. Fundamentals: There are no major news.Shortby Genesiv110
BCO Potential Rise to recent swing highLooking at the H4 chart, my overall bias for BOC is bullish. Expecting the price to retest at the overlap support level. Looking for a pullback entry at 8353.2 where the 50% Fibonacci line is. Take profit at 8672.6 where the recent swing high is, and stop loss at 8208.8 where the 61.8% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website. Longby Rockqet332
UKOIL LONG UPDATE we entered this trade ,we have seen a W pattern being formed, we expect price to break that trend line and continue upwardsLongby Kagaayi_BryanUpdated 1
BCOUSD Potential for Bullish Rise | 16th February 2023Looking at the H4 chart, my overall bias for BCOUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 86.888, where the recent high is to ride the bullish momentum. Take profit will be at 90.439, where the overlap resistance and 61.8% Fibonacci line is. Stop loss will be at 83.853, where the recent low is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.Longby Rockqet1
UKOILPrice has bounced from the Order Block it has also bounced from yesterday low Price has also created triple bottomsLongby Kagaayi_Bryan1
UKOIL BULLISH ENTRY ,, DONT MISSWe took a bullish previous week on the pair , it has been on a bullish wave since last month ,price retested the OB created in the last weekNFP , gaining liquidity i project my target to 86.69Long04:37by Pita_fx770
UKOIL BRENT CRUDE OIL SELLThe oil is in liquidation which allows us to take a short from here or top and run the trend. so be careful with the entry.Shortby Fred5102222
CRUDE OIL BUY#Brent crude oil - M30 📣 With the breaking of the neutral rectangular ceiling in the range of 87.00, it is possible to buy with the target of 88.20. SL: 86.00by FXSMARTT6
Insiders buying oil?Is insiders buying oil behind some big movement? We dont know for moment its just a warning signal of probably higher prices for oil!by diegotrader99880
UKOIL <WAVE5> LONGHello According to the wave count done in the oil chart, the price is at the beginning of wave 5 And also according to the flag pattern formed at the end of the price path, it can be said that the analysis is logical. Pay attention to the updates:(Longby SIGNOLLUpdated 224
DeGRAM | UKOIL divergence UKOIL is approaching a confluence level: psychological number of 87.00 and a Fibo level. The market shows divergence, and if price closes below 86.00 by printing a double top , then we can look for a selling opportunity.. We anticipate a trend continuation trade if sell opportunity presents itself. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM8817
Brent Crude per Monthly ChartCurrently trading at historical high. Recent long low wicks suggest buoyancy. A determined break above highs of recent monthly candles might see a good long trade.OLongby Bazroshan1
BrentOil analysisHi BrentOil traders, We think BrentOil will be in short in the coming days ... Contact us for more informations or analysis or recommendations... Team @TradeItDB Good luckShortby TradeItDB222
Uk brent oil Xbrusd Uk brent oil(xbrusd) is in range in 15m time frame, if break and closed below 84.60 then we will see a move towards 83.50 or further down 83.10.Shortby Pkfxtraders0
Brent long term viewIn my view Brent is moving in a falling wedge formed by a strong bearish move . Current rebound will stop @97$ where bearish main trend will resume to target 60$ area then bullish long term trend will restart to new ATH area @165-180$by mpd2