CFDs on Brent Crude Oil
Buy only above 113.400 for target of 114,114.900,118 Sell near 111.700 -112.000 for target of 110.9,110,108 based on SR and trendlines Can comment or ping me for any query All views for Educational purpose, Trade at your own risk
Brent Crude can fall to USD 85 per barrel in the medium term
Brent Crude can test USD 118 per barrel in the medium term to long term perspective and at the maximum resistance is seen at USD 183 per barrel.
Hello colleagues. Double top pattern for oil. If price will break through the nearest resistance zone by Wednesday next week, then the target for oil is 36. but I advise using trailing stop loss as oil goes oversold and the countries of OPEC may announce additional cuts to normalize the situation. Fundamentally the previous growth was associated with hurricane...
Hi! Only if we will see nice pin bar pattern. Weekly ATR had passed so looks nice to buy brent oil now buy "stop buy order" in dynamic. In 4 hour time frame idea not seems good but... why not?
A nice flat top triangle and not much in the way of price, creates a nice trade opportunity on oil. Trade with care! - chartingfeed
On the weekly chart Bullish (Positive) Divergence formed. So don't short, even you can go long.
Technically a quick move towards 40 & resistance is seen around 47
Next, we'll see there.
After a clear Impulsive down move, Brent is breaking out of the channel and looks set to retrace a bit and bounce till 60-65 zone.
Crudeoil is at big support on 4 months chart and already started changing the trend Now It is breaking out of double bottom There is still more support zone below so, not sure if it will fall more, but i feel like it won't fall further as it is just below Make or break support level (marked in violet color) Its worth giving try on every reversal sign once price is...
Support Zone at 42-34.