XBR/USD..4h chart pattern..MY analysis of **XBRUSD** (likely Brent Crude Oil priced in USD) suggests a bullish breakout with several technical confirmations. Here's a breakdown and key considerations:
### **Key Technical Signals:**
1. **Trendline Break** – Price broke a significant downtrend line, indicating potential revers
About CFDs on Crude Oil (Brent)
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 Crude Opens with a Bearish GapBrent Crude Opens with a Bearish Gap
As shown on the XBR/USD chart, Brent crude oil opened this Monday morning around $59.00, forming a bearish gap relative to Friday’s closing price of approximately $61.40.
The current Brent crude oil price is near the yearly low reached about a month ago, follo
Mastering oil trading with multiple timeframe analysisThis video shows how multiple timeframe analysis helps improve entries, manage risk, and avoid false breakouts when trading brent crude oil.
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"UK Oil Spot/ BRENT" Energy Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
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 short en
Brent Oil Update: Correction Completion and Growth OutlookUpdated the medium-term structure on Brent oil TVC:UKOIL FX:UKOIL ICEEUR:BRN1! NYMEX:CY1!
Currently, I see several scenarios for market development:
🥇 Base Scenario:
Correction unfolds as an A-B-C pattern, where wave C took the form of an Expanding Ending Diagonal (eED).
Although th
Oil in FreefallOil keeps moving lower without pause. There’s not a single valid reason to buy, except for “it’s already very cheap”—but that argument leads to poverty!
Where this will end—no one knows. Let the asset settle, and the chart will tell us when it's time to buy.
📝 Trading plan:
Wait for the downward
Potential Decline of Brent Oil Price to $50 in the Near Future.Brief Overview of Events and News Explaining the Potential Decline of Brent Oil Price to $50 in the Near Future.
➖ Increased OPEC+ Production:
On April 3, 2025, eight OPEC+ countries unexpectedly decided to accelerate production increases, adding 411,000 barrels per day starting in May. This dec
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Displays a symbol's price movements over previous years to identify recurring trends.