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Crude Oil Brent

USOIL May Target 103 At Some PointUSOIL May Target 103 At Some Point. An M pattern has been completed but because the price jumped sooner than expected from 76.48, this FCP zone is left with less strength. Because of that the market is finding it hard to make a good bullish move and is simply consolidating. Right now it is in a consolidation phase but has started to show a bullish structure. If this structure stays intact, USOIL can start to move higher in time. There is a huge gap left above 100 around 103 level as we have a double top (liquidity area) around 93. USOIL at some point in time can target this leftover gap. Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
TVC:USOILLong
by vikinsa
UKOIL: Short from ResistanceAs evident on 4Hr Time-Frame with formation of Bearish Cypher harmonic pattern UKOIL a reversal is possible. Seasonal Analysis shows JXY & DXY remain Bullish in January over 60% which have negative correlation with Oil. CXY on the other hand remain Bearish in January over 70% of times which indicates a low price of Oil. TPs can be set as per Fib Lvls identified on chart and stop Loss on or above Point D of Cypher. It is my expectation that price action will retrace to 61.8% Fib level. Manage your risk accordingly.
TVC:UKOILShort
by adnanmagsi
CRUDE OIL (WTI) Detailed Technical Outlook 🛢 WTI Crude Oil has recently been rejected from 76.7 - 77.7 horizontal supply zone. The market is steadily recovering now. The price is growing within an expanding wedge pattern on 4H. From a current perspective, there are 2 options to trade: 1. You can consider trading the boundaries of the wedge, buying the support and selling the resistance. 2. You can wait for a bearish breakout of the support of the wedge, 4H candle close below that will confirm the breakout. A bearish continuation will be expected then. I will post an update, once I spot a decent setup. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
TVC:USOILShort
by VasilyTrader
8
NATURAL GAS🔥 to $4.6?Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Wassup guys?! After my NG short call (two months ago) and reaching it's target I think the drop may not be over yet. I can imagine price is going to test support cluster created by major uptrendline (lime), horizontal support 4.75-5.95, and the yellow trendline. The former support zone 6.46-5.95 now acts as resistance at it seems to me that the upside pullback from the low 4.75 to 7.22 is running out of steam. Closer look (4h)... ...reveals local triangle (yellow) which is just about to break one way or the another. My bet is to the downside breakout. I wouldn't go long as long as the major downtrendline (red) holds. Let me know your thoughts in the comment section. Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
NYMEX:NG1!Short
by bizmark
7
UKOIL: Bearish Reversal IdeaBearish Indications • Resistance Zone at 85.26 • AB=CD where the D point is at 85.93 which indicates a reversal • Gartley’s XABCD indicates 85.73 Area • Seasonal Analysis Shows DXY remains Bearish at over 80% in December month Bullish Indications • Three White Soldiers • Significant Support Zone at 0.68329 • Resistance Broken at 0.68629 • Support Zone at 84.23 • Seasonal Analysis shows UKOIL remains Bullish in December Month. Biased: Short Entry Short: 84.52 (Fib Level 78.6%) TP1: 0.68236 (Fib Level 61.8%%) TP2: 0.68085 (Fib Level 38.2%) Stop Loss: 86.20 Risk/Reward: 1:1.6
TVC:UKOILShort
by adnanmagsi
🎉 🎁 Christmas Analysis : First Long , Then SHORT 🎄☃️"Best wishes for a joyous Christmas filled with love, happiness and prosperity!" Happy Christmas Everybody ! 🎄☃️🎁🪅🎉 As you can see, after reaching the mentioned demand zone , the price had a positive reaction and reached the range of $1798 with 180 pips growth! It is likely that this week the price can grow up to $1813 to fill the liquidity void caused by last week's sharp drop! Monitor the reaction to these levels! I drew the possible trend on the chart! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 12.24.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
OANDA:XAUUSDLong
by ArmanShabanTrading
23
Need a low pump up! As it shows white trend line is strong support from early days 1860 and I do not think it will break another time (except new COVID disaster) , so we should face a bit move up trend maybe to make double top and then come back to support trend line for another confirmation not to far ( maybe less than 1 year ) and then how knows a huge pump up with strong break on its historical top resistance price 147 maybe!? I myself accept this scenario instead of break down the very long term white trend line and see lower price around 40 or even lower ?! How do you think???
TVC:UKOILLong
by AtareumFX
⚠️ XAUUSD : Don't DO these things 👇🏻Gold is trading in the range of $1814, one of the important Demand zone that we can mention is $1783 to $1797, and one of the important supply zones is $1818 to $1824! Pay attention that there is a possibility that the price will penetrate above $1824 to collect liquidity and then face a fall, so don't look for a BUY position within that range! The possible trend is indicated on the chart! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 12.21.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
OANDA:XAUUSDShort
by ArmanShabanTrading
26