BRENT/USD (CRUDE OIL) MULTITIME FRAME ANALYSIS
Brent is looking to continue the uptrend
Fundamental analysis: the war in Ukraine doesn’t seem like peace talks are working as fast as everyone hoped
Technical analysis
TF (d1)
Price has bounced off at 97.50 the daily 50 sma printing a morning star with an impulsive move
(h4)
Price action looks like its printing inverse head and shoulder however price could move a little lower to support at 103.29
Preferred entry = 104.76 (buy limit)
= 109.43 (buy stop) to scale in because the market could open with a gap
Stp level = 98.63 (buy limit
= trailing stop 13pip (buy stop)
Take profit = 122.60
= 133.000
#Brent #crude #fundamentals #trending
Fundamental analysis: the war in Ukraine doesn’t seem like peace talks are working as fast as everyone hoped
Technical analysis
TF (d1)
Price has bounced off at 97.50 the daily 50 sma printing a morning star with an impulsive move
(h4)
Price action looks like its printing inverse head and shoulder however price could move a little lower to support at 103.29
Preferred entry = 104.76 (buy limit)
= 109.43 (buy stop) to scale in because the market could open with a gap
Stp level = 98.63 (buy limit
= trailing stop 13pip (buy stop)
Take profit = 122.60
= 133.000
#Brent #crude #fundamentals #trending
Trade fermée: cible de profit atteinte
the price target has been reached
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.