Brent oil may be positioned to surge above $100Conditions in the Middle East remain volatile, and Brent crude oil now appears poised to move sharply higher after a period of consolidation. Brent already broke out of a bull flag pattern in mid-August and has been trending higher. It now appears to have formed a symmetrical triangle, which in this
UKOIL | Brent Oil Is Waking Up Again, Is $120 About To Break?By analyzing the #BrentOil chart on the weekly timeframe, we can see that after the previous analysis, Oil first corrected toward the $78 region . However, that weakness did not last very long.
As tensions between Iran and the United States increased again and both sides returned to military confr
Brent short squeeze to $96 incoming?Trading oil in today’s market is for the truly strong-minded. But if we try to look at the chart:
Price is still in a bounce phase after the decline, and today it finally showed a long squeeze, immediately reacting with growth.
There is still one liquidity zone left below at $85, but it’s noticeab
UKOIL | Geopolitical tensions arise - Oil to go towards $100!Well hello folks, hope you are well. Amirali here.
As you can see in the weekly chart of Brent Oil, after this week's open, it has been on a upwards trend, reaching the high of 97.04 after the escalation in tensions in the Persian Gulf regarding the war between US and IR. Currently, it is being tra
Brent Crude Oil | Structure Before Correction
The lack of engulfing at the origin of the move—the **green box**—suggests that price is likely to retrace toward the **orange box** before the next directional move begins.
For now, price remains within the **Behavior Zone**. As long as Brent continues to hold **above $70**, I do not expect a dee
Oil to the MoonWell, again, it seems that the war in the Persian Gulf is going to raise the price of oil, but this series has a very big difference, the behavior of the price indicates the breaking of the ceiling range ahead, and it seems that the situation is not interesting and we have to wait for hyperinflation
Brent Crude — Overall View: Bearish Brent Crude — Overall View: Bearish
CMP: 87.59
Our overall view on Brent Crude remains bearish. The first downside move is expected from 87 towards 82.
Once Brent reaches the 80–82 support zone, we will wait and observe the price action carefully.
87 → 82: First downside target
80–82: Major s
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Displays a symbol's price movements over previous years to identify recurring trends.









