UKOIL has been making lower highs and lower lows. Price broke and closed below the psychological level of 80.00. We anticipate a trend continuation and a retest of the support level. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
UKOIL rebounded from the support level. Price decelerated while approaching the support level. The market has reached a significant level on the daily chart, so it makes sense to buy the market. We expect a bullish move to potentially break out of the descending channel. ------------------- Share your opinion in the comments and support the idea with like....
Price broke last high once again and is still pushing for new highs. expect some sort of reversion by thursday to then clear last high and make a new one.
UKOIL is trading in the descending channel, making lower lows. It pulled back following the divergence at the support level. Price is testing the resistance level, which creates a kill zone to short the market. We anticipate a trend-continuation trade. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL is in the bearish trend. It's trading in the descending channel. Price dropped below the significant level at 80.00 , which creates a confluence zone to short the market. We anticipate a trend-continuation trade from the resistance and 50% fibo retracement. ------------------- Share your opinion in the comments and support the idea with a like. Thanks...
UKOIL broke the ascending channel, and the price is pulling back to it. The oil market is probably printing an AB=CD pattern. We anticipate a continuation of the bearish trend. Breakout, pullback, and continuation ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
UKOIL has been making lower highs and lower lows. Price is testing the resistance at 82.00, the fibo, and the channel's upper border, which is a dynamic resistance. We anticipate a trend continuation and a retest of the support level. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
There is a possibility that the UKOIL, a trading instrument representing the price of crude oil in the United Kingdom, might experience a downward trend. The recommended take-profit (TP) level is at 77.2, while the suggested stop-loss (SL) level stands at 84.25. However, it's crucial to emphasize that engaging in any financial trading activity carries inherent...
In this video, we embark on a comprehensive analysis of UKOil, with a specific focus on the prevalent bearish sentiment observed in the 1-month (1M) and 1-week (1W) timeframes. Notably, our charts reveal that Brent has approached a critical support level, a pivotal juncture. Throughout this presentation, we delve into the fundamental tenets of technical analysis,...
Oil has been bearish off late. but daily has shifted to down bias a couple of days ago. today being an inside value day with 1/2 volume is not the best of the setups but it's the only one to look for today. Grade C risk will be allocated if oil breaks below ARL and gives entry on 5M.
UK BRENT New forecast The price of Brent crude futures opened today's trading with a strong decline, breaking the support of the ascending channel and settling below it, which may put pressure on the price to conduct a new downward correction. Its targets begin by testing the 91.00 level and extend to 89.55 after breaking the previous level. On the other...
UK BRENT OIL New forecast The price of Brent crude oil contracts was not able to hold for long above the support of the ascending channel, trading negatively and heading towards a possible test of the pivotal support 89.55. The conflict between technical factors makes us prefer to remain neutral until we get a clearer signal for the next trend, noting that...
UK BRENT OIL New forecast The price perfectly fulfills my last idea and price reached to our first target + 60 pip and waiting for second target . The price of Brent crude oil contracts was able to touch our first positive, expected target at 91.00, and attempts are being made to return to the main ascending channel, heading towards achieving more expected...
UKOIL is moving to resistance at 91.00 and a fibo cluster. The price printed the AB=CD pattern. The oil market is approaching major resistance and fibo golden zone on the 4H chart. We anticipate a reversal from the resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UK Brent Oil New forecast The price of Brent crude futures succeeded in achieving +100 and rebounded from the 85.26 areas, and begins the day with a rise again to test the 86.93 level and attempt to hold below it, which supports the continuation of the bearish trend’s dominance during the coming sessions, paving the way for visiting the next correction level,...
UKOIL dropped from the resistance. The market is in consolidation. Price is trading in the ascending channel and creating a bullish harmonic pattern. We anticipate a pullback from the support at 91.00 and a bullish move or continuation of consolidation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
UKOIL is trading in the descending channel. Even though the market is bullish on the daily chart. The market printed the pinbar at strong resistance. The market is making a pullback on the larger scale of the bullish trend. We anticipate buying opportunity at completion of the AB=CD pattern at 91.00, which is a previously weekly...
Hello Traders In This Chart UK OIL HOURLY Forex Forecast By Forex Planet today UKOIL analysis 👆 🟢This Chart includes_ (UKOIL market update) 🟢What is The Next Opportunity on UKOIL Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...