Oil sets up for a new pushColleagues, I think it's time to go long on oil again.
I waited out the dip/manipulation — not important now; what matters is that the nerves are intact.
Price is starting to press up against the 65.60 level again, and I actually like that there was a shakeout — it cleared out the weak hands.
Overa
About CFDs on Brent Crude Oil
The Brent Сrude oil was originally produced from the Brent oilfield in the North Sea. About 2/3rds of all crude oil contracts around the globe include Brent Сrude oil, making it the most popular marker. Its relatively low density and sulphur content are the reasons why it’s described as light and sweet. One of the advantages is transportation since this type of oil is waterborne. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum and has a UKOIL ticker symbol.
Brent oil prices look ready to roll-over, here is whyOil is setting up for a potential drop of over 4% if key support breaks, with a deeper move possible if global weakness continues. This video shows you the exact levels to watch and how to trade the move using technical and macro analysis.
This content is not directed to residents of the EU or UK.
"UK Oil Spot/ BRENT" Energy Market Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "UK Oil Spot/ BRENT" Energy Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long e
Test of 70 before the Slog?Approach to 70 with good liquidity.
A lift in sanctions on Russia could yield a 4h swing towards the downside and low test if supply reports follow in tandem.
Effects of Tariffs will cool off gradually as talks have yet to begin between US and China, but keep volatility moderately elevated.
Con
Analysis of the BRENT chart with expectations for 2025-2026◽️Technically, all conditions for the completion of the second wave correction have been met, and now quotes can be safely reversed up. However, current events in the global economy do not yet provide grounds for confidently asserting this. Locally, the price may still be driven down to $50 per barr
OPEC Cuts Oil Demand Forecast While Increasing SupplyOil prices are feeling bearish pressure. OPEC was unable to increase production significantly last year to stabilize prices. High interest rates have kept global economies cool enough. However, starting in May, OPEC will begin unwinding its voluntary production cuts. The timing of this decision is q
Brent Crude INTRADAY oversold bounce capped at 6620Brent Crude Oil selling pressure continuation
Brent Crude Oil is showing bearish sentiment, in line with the current downtrend. Recent price action confirms a break below a key consolidation zone, adding pressure to the downside.
Key Levels:
Resistance: 6620 (current swing high, now resistance), 67
Crude oil at the center of the stormBy Ion Jauregui - Analyst ActivTrades
Today, amid an international outlook full of uncertainty, the oil market stands as a reflection of an economy under stress. In recent weeks, crude oil prices have suffered steep declines that have sent warning signals to investors. However, this fall has been p
Brent Crude Price ConsolidatesBrent Crude Price Consolidates
When analysing the Brent crude oil price chart six days ago, we:
→ identified a downward channel marked in red;
→ noted that the median line was acting as resistance;
→ suggested the price could find support at the lower boundary of the channel, reinforced by the psy
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Displays a symbol's price movements over previous years to identify recurring trends.