"UK oil / Brent" Energy Market Heist Plan

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🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍

Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "UK oil / Brent" Energy market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry and short entry. 🏆💸Book Profits, Be wealthy and safe trade.💪🏆🎉

Entry 📈 :
"The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!"
Buy entry above 77.00
Sell Entry below 74.00
However, I recommended to place buy stop for bullish side and sell stop for bearish side.

Stop Loss 🛑:
-Thief SL placed at 75.30 (swing Trade Basis) for Bullish Trade
-Thief SL placed at 75.70 (swing Trade Basis) for Bearish Trade
Using the 2H period, the recent / nearest low or high level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.

Target 🎯:
-Bullish Robbers TP 81.50 (or) Escape Before the Target
-Bearish Robbers TP 71.30 (or) Escape Before the Target

📰🗞️Fundamental, Macro Economics, COT data, Sentimental Outlook:
🛢️"UK oil / Brent" Energy market is currently experiencing a Neutral trend (there is a higher chance for Bearishness)., driven by several key factors.

🔥 Fundamental Analysis
The global oil market is experiencing a slight imbalance, with supply exceeding demand. OPEC has agreed to extend production cuts, which may help stabilize the market. However, US shale oil production is expected to continue growing, potentially putting downward pressure on prices. Global economic growth is expected to slow down, which may reduce demand for oil.

🔥 Macro Economics
The global economy is facing headwinds, including inflation, interest rate hikes, and geopolitical tensions. This may lead to reduced demand for oil and a potential decrease in prices.

🔥 COT Data
Commercial Traders: Net short 55,000 contracts
Non-Commercial Traders: Net long 30,000 contracts
Trend: Commercial traders are increasing their net short positions, indicating a potential bearish trend. Non-commercial traders are decreasing their net long positions, also indicating a potential bearish trend.

🔥 Sentimental Analysis
70% of client accounts are long on UKOIL, indicating a bullish sentiment among traders. However, some analysts predict a potential bearish trend due to supply and demand imbalances.

🔥 Technical Analysis
The short-term trend is bearish, while the long-term trend is neutral. A head and shoulders pattern is forming, which may indicate a potential reversal. The key trading level is at 7685, 20 Day Moving Average level.

🔥 Geopolitical Analysis
Middle East tensions, US-Iran relations, and global trade agreements are affecting the oil market. The conflict in Ukraine and potential sanctions on Russia may disrupt global oil supply flows.

🔥 Inventory and Storage Analysis
US crude oil inventories are at average levels, indicating a balanced market. However, global oil storage levels are high, indicating a surplus of oil.

🔥 Seasonal Analysis
Oil prices tend to be higher during the winter months due to increased demand. The calendar spread is in contango, indicating a surplus of oil.

🔥 News and Events Analysis
The market is awaiting the Federal Reserve's crude oil data, which may shed more clarity on the near-term trend. OPEC meetings and US economic data are also expected to impact the market.

🔥 Quantitative Analysis
Statistical models indicate a high probability of a price decline. Machine learning algorithms predict a potential bearish trend.

🔥 Intermarket Analysis
Oil prices are highly correlated with the US dollar index. There is a divergence between oil prices and the S&P 500, indicating a potential reversal.

🔥 Overall Outlook
The UKOIL market is expected to experience a bearish trend in the short term, driven by supply and demand imbalances, geopolitical tensions, and technical indicators. However, the long-term trend remains neutral, with potential for a reversal. Traders should be cautious and monitor market developments closely.

⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits

💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Nota
"Watching the shadows for the breakout score."

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