Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
In this live trading video,we look at why we took the Brent oil trade at low risk using price and volume on our 100k traders challenge account. We explore the use of channels with relation to the smart money framework. The concepts and ideas in this video can be cross transferred onto any strategy.
UK OIl Will Start upside movement if sustain above 84 Stoploss below 74 upside target position 88-94-99+++
🔸Hello traders, let's review the daily price chart for UKOIL. Speculative XABCD in progress, with 20% upside potential based on the current price action / fundamentals. 🔸XABCD structure is defined by point X at 95.60, point A at 73.20, point B at 92.50, point C at 77.00, point D/PRZ at 105.00, currently most points validated, point D/PRZ pending in May/June 2024...
Daily - long is the way to go here on oil. there is a zone above that can provide some resistance **88.15 - 87.17**, once that gets cleared, I will look to get involved. till then, I will wait. Origin - looks extended here. a pullback seems like the way to go here. I will look for a pull to the zone **86.54 - 85.77** . once price enters this zone, I will drop to...
📊 According to the upward movement momentum of the price, if the range of 87.5 units is broken and the price stabilizes above it, the price may increase to the range of 88.50 🎯and in the case of the strength of the range of 90.00 units🎯🎯. 📊 Otherwise, the price may fall to the range of 85.00 units.
In this live trading video,we look at the underlying concept behind our OE basesd strategies,why actual reward:risk is more important than Expected,how to select your trades and our Q1 performance review on our 100k traders challenge account. The concepts and ideas in this video can be cross transferred onto any strategy.
A fib retracement after breaking below the trend line and forming a pin bar in 12 hr gives an idea of a long position for an RR of ~2.5
OIL (BRENT) - BUY SETUP (JAN 2024) OIL (BRENT) is in a prime buy zone, indicating potential for an upward trajectory.
UKOIL With the war continuing in the Middle East and the failure to agree on a truce, this will be positive for oil, but we have a very important area for prices to fall from 86.60 to 87.60, and the goals in the long term will be 81.93. We will have daily updates for this scenario in the comments.
Daily - Looks bullish. any long positions will be booked as price enters 88.15 - 86.93 Origin - Looks bullish. but there is a few points of resistance above like last week's AVWAP and TC. so I will look for price to hold above 86.37 and then look to go long till R1.
UKOIL reached resistance, and it created AB=CD pattern. The market is trading in the ascending channel, indicating the bears are running out of steam and the bulls are in control. Price broke and closed above the resistance at 84.00 which became the support level. We expect a pullback, then a bullish move. ------------------- Share your opinion in the...
20cbS 261h1 Shud take 423 instead 261 Well wake up and sell obviously dint works lol
After a bearish leg yester and a 4 hour pullback, this might indicates a continuation to the downside. Lets see where it goes.
Hi Oil Traders, This is our master plan to Rob Crude oil Barrels. Guys U can enter to Rob this oil at entry level i have mentioned or place your sell stop below my entry level this is our master plan. Our target is Trap area.
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Hello everyone, I'm thrilled to share my 101st analysis here, marking a significant milestone in my journey. While there were certainly some analyses that didn't pan out as expected, I believe the ones with better results outweighed them in total. I'd like to express my gratitude to those who supported the ideas, left comments, or liked the analyses. Your...
Sharing the algo levels for brent oil - cyan color is daily levels, purple levels are weekly levels and orange levels are monthly levels. The higher the timeframe, the stronger the levels. In general, above OP and PZ, bias is to the upside and vice versa.