Brent Oil commodity Europe Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
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Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
BRENT3! trade ideas
Brent Oil in trading range, low volumeMOEX:BR1! Brent Oil Futures has been in a trading range since March of 2022 on the daily chart forming a rectangle pattern. The support is found at $96.00 and the resistance at $124.00.
A close above $127.00 will confirm the pattern's breakout, with a target price of $152.00.
A close below $90.20 will confirm the pattern's breakout, with a price target of $73.30. Note that not every price target is met.
$BR1! has been trading below the 100 EMA since the first week of July of 2022.
It is essential to observe the low trading volume since the month of March. A low volume after an uptrend could indicate that the trend is ending, and a reversal might start.
Is the oil market a correction pattern being completed ?Hello traders, it seems that the correction pattern of oil is being completed, but there is a possibility that the rise will continue if the ceiling of the third wave is broken, otherwise the correction structure will continue. Good luck and be patient in trading.
Growth of Brent crude oil, ceased?! HEY traders, what's going on today?!
Oil is down ahead of Biden's trip to Middle East , and it seems that want to be decreased more
Prices of crude oil futures decreased by over 2% on Tuesday as market participants assessed United States President Joe Biden's chances of negotiating an increase in oil production from OPEC countries during his trip to the Middle East later this week. so it seems the geopolitical situation shows the declining of the price of oil it the future.
Also the another coronavirus wave in Asia and global economic downturn concerns could threaten demand for crude.
and as we can BRN1! has been going all the way up from 16$ to 139$ , So now I thing it can correct now on the lower support zone in the mid-term , or according to bars pattern can follow the the rest candles .
news sources :teletrader.com
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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Don't worry crude will cool to $60Brent crude completed its 'A' wave after a WEDGE break-out.
It reached 76.8% of wave 'A'@$115.60, and started to fall
Economical slow down will not support its way up,
the result is formation of wave 'B' downwards until 61.8% of wave' A' ($60)
the maximum time as per Neo wave is june24
Brent Oil commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Energy was the best trade short term, 125$ will be the topAnd energy will remain the best trade in long term. (going to 185$+ in next cycle).
Beautiful double top is forming.
However, because of the coming crash. Energy will follow indices even if less than during covid.
So I feel the objective to be around 43$
Brent Oil Commodity Europe Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Oil short setup updateHere is how I see crude going down to 30+ zone into the end of this year. 1-2 / 1-2 set up is almost complete, we should see a strong move down starting end of April/early May. First support is 70+ zone, then 50, and 30 to complete the whole structure. I expect a long lasting (10+ years) bullish trend afterwards.
Brent Oil Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Brent UK USA Europe Commodity Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Brent Oil Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
BR1! - Looking forward TP89Pull Up condition :
1) BRENT has BO Level-1 and expecting to reach Level-2 of Raising Stage (F) at 89.37+/-
2) Tricol+ indicator - Banker's sentiment (red) reach above 75%, trapped fund (turquoise) has gone.
Support & Resistance:
S : 82.56 (Level-1) (-2.76%)
R : 89.37 (Level-2) (+5.27%)
Disclaimer:
Opinion above is solely for the purpose of education/case study/opinion sharing only. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.