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Brentoil

USOIL Long Trade Setup Update ( Banked TP3 with 710+ Pips )Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Congratulations to my followers banked 710+ Pips with the OIL Pump. In here we can see a perfect trend breakout happened with a retest! This is the second confirmation we were waiting for, Previous Analysis: I have witnessed a "W" formation on 4h time frame on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading. Profitlio Trading ( Since 2014 in Financial Markets )
TVC:USOILLong
by Profitlio_Trading
2
USOIL Long Trade Setup Update ( Confirmation )Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, In here we can see a perfect trend breakout happened with a retest! This is the second confirmation we were waiting for, Previous Analysis: I have witnessed a "W" formation on 4h time frame on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading. Also follow my Gold trade setup we have caught up 480+ Pips already on the Short Run Profitlio Trading ( Since 2014 in Financial Markets )
TVC:USOILLong
by Profitlio_Trading
USOIL Long Trade SetupThanks for Jumping back on my Analysis, Traderchamp is here on your Service, I have witnessed a "W" formation on 4h timeframe on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading. Also follow my Gold trade setup we have caught up 480+ Pips already on the Short Run Profitlio Trading ( Since 2014 in Financial Markets )
TVC:USOILLong
by Profitlio_Trading
4
OIL About To Make a Decision. Will it be $13 Or $30?Oil is riding down the descending channel quite well. I feel like $13.50 could happen but maybe its time for a bounce based on everyone going short at this point. Maybe a short squeeze? I haven't really looked into short positions but I know they have been gaining for months. Assuming that we are to break up, we wouldn't see a ton of resistance until $30. I think a bounce to $25 would be the minimum. However, until we break up, the most likely scenario is down. Personally I would wait for sub $20 to go short or above $22 to go long. On one last note on oil production is that the Russians are rumored to be able to drill oil down to $14 a barrel before loosing money. And the theory is that they would do this to gain market share. That last bit is highly speculative information but I am throwing it out there. This is not financial advice. Please do your own research and analyze your own trades.
TVC:USOIL
by ChartProphet
1
Trade Brent Crude Oil Spot CFDIn regard to the price of Brent crude oil, the commodity has seen some dramatic peaks and troughs throughout its history. At the start of 1999, it stood as low as $10 a barrel. During the following years, it had climbed steadily until it reached its all-time high of over $147 a barrel in mid-2008. However, in the second half of the same year, the price suddenly slumped to under $40 a barrel. Over the following decade, the commodity has witnessed many ups and downs, characterised by multiple price fluctuations from as low as $27.88 to as high as $128.14 a barrel. To discover the latest Brent crude oil spot price and trace the historical value of the commodity over the years, follow Capital.com’s Brent crude oil live chart.
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by CeoCodes
Brent Oil: Pullback and Buy OpportunityThe market gives us a trend reversal signal based on a bullish divergence and the price reversal from 27.00 support. It does not mean that the market will become bullish. We can try to catch a pullback using bullish signals. The market keeps the potential to continue the main downtrend. Entry Price: above 31.15 Stop Level: below 24.50 Profit Level: at 39.50 Risk per trade must be no more than 2% of your capital. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
FX:UKOILLong
by DLavrov
4
long term brentoilGiven the current turmoil in the oil market and declining Iranian oil exports, as well as the dispute between OPEC Plus, Saudi Arabia and Russia, as well as the Saudi Crown Prince's order to boost oil production to pressure its own oil counterpart, it is expected that the oil will be delivered over time. It has long fluctuated in price ranges and returned to its lowest level in year 2. But given the views and margins in the Middle East as well as the corona virus around the world, oil prices could be high because of conflicts and tensions. In the Middle East, targeting Saudi refineries on its soil and so on Yen attack on Aramco oil installationsThese attacks may be broadened or even lessened This is a theory and may or may not be true, but oil is expected to be as low as 19$ and oil is not too close to 140 $ We are missing the missing element when it comes to making predictions about whether or not we are right. he does Be successful and profitable
TVC:UKOILLong
by mohamadjavad7m