Crude looks strong.Now a days Crude price is quite Important for Every economy, Because of wars ( straight of hormuz and Russian refinery break down) it is getting more important compere Gold and Silver. As we can see in 1D timeframe chart of Crude we can see Inverse Head and sholder pattern with target of 148$ ( Can go up to 150$ phycologycal leval ), so Breace your self and Get ready for Impect if it successful clear 112-115$ with strong volume.
CFDs on Crude Oil (Brent)
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In-depth trading ideas
Brent Crude started to roll over - is this a final top?Brent achieved a little over 78.6% retracement of the previous fall from the war peak in oil prices. Recently, I published an ED pattern on Brent that shows a possible top. Brent has the same pattern on the hourly chart, and it has broken down. On the daily chart, this ED is wave 5 of C, which means that this move higher in Oil could technically be coming to an end. The chart below is a daily chart on an arithmetic scale. On this scale, it is also near the top end of a rising channel. At this le
UKOIL/Brent vs Nifty50 - A relationship worth watchingThe relationship between Brent crude and Nifty 50 is quite visible in the recent price action.
Brent had made a major high near 119 in March 2026 and subsequently entered a prolonged decline. During this period, the decline in crude prices provided a supportive backdrop for Indian equities, while Nifty recovered and moved higher.
Now the situation is becoming interesting again.
Brent has recovered sharply and is currently trading around 100, with the recent swing high near 102 acting as an i
Brent Crude Oil –Previous Support Turns Resistance|Key BreakoutBrent Crude Oil – Previous Support Turns Resistance | Key Breakout Zone
Brent Crude Oil is currently trading near the $95–$96 resistance zone which previously acted as an important support level. The chart shows a potential rounded/inverse-base formation , with price once again approaching this key resistance area.
A decisive daily close above $95–$96 could confirm a bullish breakout and potentially open the way towards the next resistance levels:
Key Resistance / Breakout Zone: $95–$96
Oil is back on the tableBrent crude's impulsive advance has changed everything. From a wave 2 consolidation, we are back into the possibility of a third-wave advance. The word impulsive refers to the Elliott wave five-wave rise that we see on charts. Five waves up indicate that the trend is up and not down. This means higher levels are possible even after pullbacks. This change in trend, following the recent return to war, shows that the situation is getting worse again and is far from resolved. The world is not exactl
Oil Fell 37% While the Hormuz Blockade Was Still On
OANDA:BCOUSD
The Market Already Faded One Hormuz Blockade.
This Time Is Different - Maybe.
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THE OBSERVATION
Brent peaked near $112 in mid-May. By July 1 it traded at roughly $70.50. That is a 37% collapse in six weeks.
Here is the part worth sitting with: THE BLOCKADE NEVER LIFTED.
The Strait of Hormuz has been contested since late February. Through the entire 37% decline, the disruption was still there. What changed
Possible upmove in CrudeCrude closed ~10% higher last day to close above $83, first time in last four weeks, amid the geopolitical tensions. It has closed above the key resistance zone of $80. Hence, I expect a upmove towards $90-92 (previous support zone) from here. Let me know your thoughts. DYOR.
Crude AnalysisThe current ~$80 acted as a resistance multiple times pre-conflict, so I expect it to take some support at the current levels. $70 is a multi-year support level and in fact the recent rally fuelled to $120 after the strong breakout and retest from this level. On the otherside, $92 can continue to act as a resistance level in the near term.
Let me know your thoughts/feedback.
Don;t get fooled by Calm Before The Stormcrude is highly regulated commodity. Everbody wants a piece of the pie making it a slow mover. It has completed wave (B) in almost 3yrs and only 1 of (C) was done. That itself shook the world. Now the genie is out of the bottle....it cannot be re-bottled whatever wishful thinking one can undergo. Wave 2 of (C) will be over around 75 level and then to our utter panic, will go on moving up. ULTIMATELY IT WILL CROSS ATH making us pray for the Dr saab to come back from his Heavenly abode.
STATUTORY
Brent Crude Oil – Daily Time Frame AnalysisBrent Crude Oil – Daily Time Frame Analysis 📊
Brent Crude continues to trade inside a broader bullish structure while respecting a long-term rising trendline from March lows. However, momentum is slowing near the major supply zone around 113–114.
🔹 Key Observations:
• Price is forming higher lows, indicating buyers are still active.
• Strong resistance seen near 113.5 where multiple rejections occurred.
• Current price around 100 is trading close to trendline support.
• RSI shows a mild bearis
Trade Like Institution Part-10Technical analysis is the study of price charts, patterns, and indicators to predict future market movements. It is based on the idea that price reflects all available information.
Core Principles
Price discounts everything
Market moves in trends
History repeats itself
Types of Charts
Line Chart
Bar Chart
Candlestick Chart (most popular)
Important Insight
PCR is not a direct buy/sell signal. It is a contrarian indicator.
Very high PCR → Market may reverse upward
Very low PCR → Market may rev
UKOIL: At a Glance Level Analysis for 11th May 2026UKOIL: At a Glance Level Analysis for 11th May 2026
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💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias.
L#2: Possibility / Probability of REVERSAL near 🔕RLB#1 & 🔔UBTgt
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e.
UKOIL: At a Glance MODIFIED Level Analysis for 06th May 2026UKOIL: At a Glance MODIFIED Level Analysis for 06th May 2026
Till now try to bounce chart Lowest level @ 100.72.
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💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take L
UKOIL: At a Glance Level Analysis for 06th May 2026UKOIL: At a Glance Level Analysis for 06th May 2026
UKOIL in Corrective mode.
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💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” eithe
UKOIL: At a Glance Level Analysis for 05th May 2026UKOIL: At a Glance Level Analysis for 05th May 2026
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💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from
UKOIL: At a Glance Level Analysis for 04th May 2026UKOIL: At a Glance Level Analysis for 04th May 2026
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💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from
UKOIL: At a Glance Level AnalysisUKOIL: At a Glance Level Analysis.
━━━━━🟥🟧🟨🟩🟦🟪⬛━━━━━
💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa
NIFTY vs BRENT CRUDE – Understand the Relationship(2021–Present)NIFTY vs BRENT CRUDE
The chart highlights how Brent Crude and NIFTY have interacted over multiple phases, reflecting broader macroeconomic cycles rather than a direct one-to-one correlation.
Key Observation
Brent Crude topped out in March 2022 and entered a corrective phase
From June 2022 to Sept 2024, NIFTY rallied strongly, forming a clear bullish structure
After making an ATH in Sept 2024, NIFTY corrected till April 2025
Crude remained relatively weak during this phase and has only recent
BRENT_H4📊 Technical Analysis (4H Timeframe)
Crude oil is currently showing bullish potential on the 4-hour timeframe. The formation of a Gartley harmonic pattern, combined with price reaching a key support zone, suggests a possible reversal to the upside.
Additionally, on the daily timeframe, we can observe a hidden bullish divergence, which typically indicates trend continuation and strengthens the bullish outlook.
🔹 Bullish Targets:
Price is expected to move higher toward the 119.986 – 123.242 resista






















