Powerful Traders, everyday EWA's analysing & working process (1)Brent detailing complex 1 wave and irregular 2 wave
Regards, Team Traders "PowerfulTraders"
BR1! trade ideas
BRENT price prediction till 2040-2050 years by Powerful TradersHello everyone!
Traders we do not like to write more.
The prediction of the price you can find on a chart!
Regards, Team Traders "Powerful Traders" brent
BRENT CRUDE OIL HAS NOWHERE TO GO BUT UP!!!The oil price fall today , monday 20 2020 is at the highest for 20 years a whooping 104% drop on US oil will see investors loose 100% on their oil investments.. Fundamentally the USA and other counter parts are lacking facilities to store oil so its prices are dropping to zero and there's no where to go from there except up back to test the trendline so just buy.
Brent crude Day I said it with the lines and colors. The field of action is Blue Intersects Red.
Zone X +68%
Zone Z +0
and it all leads to Red P
The red Line IS the UBER ALIS trend
Crude Oil Brent formed an Inverted Head & ShoulderBrent Crude Oil has been dominated by the bears due to the weak fundamentals and oversupply, demand constraint and insufficient OPEC+ agreement. Brent price dipped again after a short euphoria on the OPEC+ agreement reflecting conflicting vision on traders and investors. Having said that, the Technical Analysis reflects the market is re-testing the lower 20s range and is comfortable at US$25/Bbl. This could form an Inverted Head & Shoulder pattern looking forward to economic recovery signals.
Brent Oil Futures (BR1!) Short Signal
brent is on the key 4H structure.
due to a long term bearish trend and breakout of a minor support on 1H,
I have shorted the retest as the market opened!
my targets
30.2
27.5
stop
34.7
this is the example of the execution of h&s trade,
apply the same rules on gbpusd in previously mentioned setup
🛢FUTURE OF CRUDE OIL 🛢🌃GOOD EVENING, PEOPLE!🌃
👇FALLIND OF CRUDE OIL 🛢IN THE MARKET - EXCITED PEOPLE.🤯🤯🤯
📊Let's look at the chart and think, what we will expect of crude oil in the some days and nearest month?📝
For several years, oil successfully formed a triangle, which breakdown in February.📅
I believe, that the price will reach a powerful support level in a few days, and will be fixed on it.
☝🏿Then it will goes up, by start forming an ascending wedge, which I marked in gray colour.
I also highlighted the upper wedges of previous years in gray for better understanding a complete situation on the market since 2014 year.
I believe, that this pattern will repeat itself again.
After the end of the wedge, we can expect falling again.
I can assume, that crude oil will decrease every year.
What do you think about that? Write any thoughts of crude oil in the comments.✍🏿
Glad to talk with you🌹
I wish you a good mood, happiness and love🥰😘😍
Always yours, Rocket Bomb💕💕💕
Oil, everthing looks like it will hit $10You will learn the best place where we can trade OIL at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends push the like button if you like the idea - that would be the best THANK YOU.
Thank you for your support, I Love it.
BRENT OIL FUTURES: Be Prepared For Breakout
long period of contraction on brent oil.
with a sequence of lower highs and long term bearish trend, the chances are high that market participants are preparing for the next wave to the downside.
pay attention to the underlined horizontal support and sell its bearish breakout!
what is the target? I don't know! No structure on the left! Let's see together :)
p.s trading triangles, a preferable stop is above the last lower high!
please, support the idea with like! thank you!
Brent: Oil goes downOil goes down amid the spread of coronavirus
Prices in the area 47 - 39
I will be glad to see your likes and comments
Brent Oil (BR1!) To 2016's Low
what a bearish rally on brent these days.
be prepared to see the price around 29.0 level soon.
Brent. Weekly candle.W:
absorption candle
a large range is not confirmed by an elevated volume.
Further growth is possible, but not for a long time - the market is weak.
Basic levels at the beginning of the week, where I'm looking to set up:
1. previous week's Hi 57.53
If the price goes higher, the LONG input will set up trend continuation (retest, consolidation breakdown, VSA)
If the price bounces, the SHORT input is set up reversal (double top, false break, VSA).
2. basic support level 55.88
This is the target level for a short position,
I'm also starting to look for reversals at this level.
Translated with www.DeepL.com (free version)
Gartley pattern at Brent Long set upWatch the breakout of down yellow trend before entyr long position.
Brent Oil Futures (BR1!) Catching Bearish Wave
Brent oil has reached a strong level of structure.
It is a combination of a daily structure and a recent gap open level.
+ 618 retracement of the major impulse
I will be waiting for a bearish breakout of the rising wedge pattern to short the market.
The initial target will be
56.2 level
Target 2
55
Target 3
54
Stop
58
*if the market respects support of the wedge and sets new higher high
setup will be invalid
Brent Oil Futures, The best place for Buy!!!The best place for Buy Brent Oil Futures will be near the Support level 45.00.
The price bounced from it several times.
Potential profit will be in 3...5 times bigger than risk.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
BRENT OIL, FIRST IDEACurrently in a range, brakeout either way is going to see the price go test a prior are of interest. Bias is towards bears.
