UKOIL H4 | Falling Towards Fibonacci Confluence LevelUKOIL is falling towards the buy entry at 62.35, which lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection and could bounce from this level to the take profit.
Stop loss is at 61.32, which lines up with the 78.6% Fibonacci projection.
Take profit is at 64.20, which is a
About U.S. DOLLAR / BRENT CRUDE OIL
Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times.
BRENT OIL BUYWe're looking to take a low probability, -B buy setup. We say low probability because it is a bearish market. But it has been respect lows and demand zones in the discount area of a 15 minute range. So, we like the demand zone that formed yesterday off of a previous successful demand done. We're tar
Gartley and math levels In this snapshot of price action on Brent crude we can see today would seem like an unqualified disaster for bulls. The pattern which has emerged from the chaos is an almost perfect gartley. If D anchor holds expect higher from here. Look for volume, rsi confluence.
The levels are precise mathemati
Brent Crude Oil Long Setup: Breakout, Retest, and Bullish StructOn the 1-hour timeframe, price formed a tight range after a strong downtrend. Selling pressure weakened, and buyers started stepping in. A bullish engulfing candle broke the range with high volume, signaling accumulation.
Price then retested the breakout with a wick, confirming strength. Since then,
Brent Crude oversold bounce backs capped at 6435 resistanceThe Brent Crude Oil is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the longer term support, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 6435, a prior consolidation zone. This level w
Going Up:BRENToilCrude has been anything but friendly however it has also been adamant on growing no matter the cost.
Crude Oil has aggressively passed every reason to decrease AND is still refusing to go further down. That is also the case with Crude Oil Bulls. They have substantial reasons to go long but are meet
UKOIL H1 | Bullish Momentum BuildingBased on the H1 chart analysis, we could see the price reacting off the buy entry, which is a pullback support, and a bounce from this level could lead the price to rise to the upside.
Buy entry is at 65.77, which is a pullback support.
Stop loss is at 64.97, which is an overlap support.
Take pro
Crude Oil BuysCrude Oil : The market has been consolidating in a clear range, showing accumulation. Equal lows were swept earlier, indicating liquidity grab and potential demand absorption. The recent price action shows higher lows forming into resistance, suggesting pressure building for a breakout.
Entry :
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Displays a symbol's price movements over previous years to identify recurring trends.