CFDs on Crude Oil (Brent) UKOIL

destiny777luck Premium

- Brent Crude is following Downward channel and heading towards 64 - 65. - Major Support at 64 - 65 - Major Resistance at 87 These are my personal views and are for educational & papertreading purpose only. please consult your financial advisor before investing.

rdkriplani Premium

With US marketss falling and Crude falling in tandem..its not a good sign for the economy.. It could be a lead indicator for weakness in the markets.. Watch for stoplosses if this continues to melt down further. If your trading oil..short at current prices with stoploss above 83.50.

thelastbull Pro+ Updated 

Breakdown and downtrend continuation in a descending channel for #ukoil keep tracking it for short term trading

mr79011015

the crude oil is looking good the beginner trader can take some notes.

mr79011015

this is awolf wave patten formation on oil can give some great return it one can follow the chart

mr79011015

it is seem to be a good opportunity in oil one can have a look on it

rdkriplani Premium

WHile there has been a complete breakdown in crude oil futures (it could even be signalling an upcoming recession) this might not be a very bad thing for our oil and gas companies. This might now push the govt to scale back further the additional taxes and duties that have been levied on crude/refining and also refined products. Watch this space and track your...

Tradegainer Updated 

looks like a small breakout next resistance on another trend line but looks like oil is going to boil from here watch out

pratik2358

weak setup on charts ,can see more declines as it is in downtrend a dual top formation also took place near term support at 81 trading below key averages

SunilDhawan Updated 

crude oil has been in parallel channel since Dec 2008 based on Oct 2021 monthly closing we may expect a trendline BO in crude oil. Expect your petrol price to rise accordingly

NonconformistMJ

On Trendline breakout Brent Crude possible to come back again to $100+ club

rdkriplani Premium

Global slowdowns are often noticed before they happen. Freight rates start to collapse and markets view on crude/energy starts to turn bearish. (along with other commodities) Watch for brent which is at a multi month low and could soon breakdown below below 91. Until now crude has held up well despite all kinds of global issues like war, interest rate spikes etc.

deepgups Updated 

I have put here for you all to see the wave structure of UK CRUDE. Nothing will happen over 1 day but will happen over a period of TIME. As I see it, 2 bottom is in place with subdivided (i) in place also, subdivided (ii) in play currently( Just a slight doubt that 2 bottom ""MAY"" break to form the final BOTTOM, else If in place the subdivided ii will hold and we...

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ShreeKrishna Premium

I have made efforts in Explaining How i forecast and How things can Unfold My efforts to Put up today Video is to help Those who are Commodity traders , this view gives them an Long term Trend and Bias I am also attaching my previous Post of Aug 31 2021 where i have mentioned Crude is heading for $249 I wish you all the best in your Trading , Trade...

InvestPro_India Premium Updated 

The short-mid term low for UKOil seems formed and may test upper levels in coming sessions until green support line is intact on lower side. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team

thelastbull Pro+ Updated 

Crude can consolidate here for now within the trading range, is seeing a reversal after a sharp dip few days back.

PrasantaP

When price take support near any well defined boundary and 200 Day Moving Average at a same place price create a inflection point and in this set up doji act as a trend reversal but personally i fell happy if doji fail this time .

Chaser30 Premium

After huge rally it seems that UKOIL which was stuck in range where distribution took place, can break the range down. This rally was indicated by me when Brent was 94, have a look: But, now it looks like the rally is over and it could start stepping down. Also, it has given a breakdown from head & shoulder pattern and along with this UKOIL has also broke...