Don't miss the great sell opportunity in BrentTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (42.80). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Brent is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 39.70 TP2= @ 38.65 TP3= @ 37.10 TP4= @ 34.10 TP5= @ 32.30 SL: Break Above R3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️OShortby ForecastCity_EU6611
Brent Crude - Key SupportCrude is at a key support where it needs to bounce from or it could break down to much lower levels again. If it breaks down it could fall to 37. Why it should concern us..? weak oil = low consumption = weak markets. Watch this space to track which way the big boys thing the economy is headed coz supplies hve been cut sharply..so in an improving economy prices should rise. by rdkriplani0
BRENT CRUDE quick scramble to $40/BBLTechnically a quick move towards 40 & resistance is seen around 47Longby madhusudhan_arjunUpdated 3
30M Elliot Wave Analysis SHORT VIEWTVC:UKOIL BRENT CRUDE OIL, 30M Elliot Wave Analysis SHORT BRENT @ 31 level with the Target Price 27.61, 26.07 odd levels. Crude is in corrective phase Shortby Dino_Naidu2
Don't Short Brent Crude On the weekly chart Bullish (Positive) Divergence formed. So don't short, even you can go long.Longby Pro_Trader_Club0
Inverse Head and Shoulders in BrentOn 60 min time frame, there is an inverse head and shoulders pattern that has formed in Brent oil. Use dips till 56 and stop loss at 55 for a move to 60. Longby rohitkaranUpdated 1
#BRENT #CRUDEOIL - Breaking out of the Down Channel .. $BCOUSD 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. by WaveAnalytics_IN1
Long One can look for buy set up and this will likely make up to 78 and then it will take decision of pause or reverse Look to book using trailing exit method Longby ShreeKrishnaUpdated 1
#Brent #CrudeOil appears coming down to Support Zone $BCOUSD Support Zone at 42-34. by WaveAnalytics_IN1
Crude Oil Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 15 to 20 times.Longby MohitArora5