Chart: Brent Crude Oil on the 15-minute time frame.
Key Elements: The green channel shows the price oscillating downward, with the price breaking out of this channel to the upside.
Order blocks (in gray and red) are noted between the $71.5 - $72.5 range, which may act as zones of institutional buying or selling.
MY green prediction line indicates a belief that the price will rise significantly after it hits the liquidity zone around $70.04. This implies that the downward liquidity sweep has potentially completed and now buyers are likely to push the price higher.
Overall Analysis: Daily: The price filled a liquidity zone around $70 and may be ready to reverse or retrace upward.
15-minute: On a shorter time frame, it seems like you're predicting a breakout from the order block and a bullish move.
This setup could indicate a potential opportunity for a long position if the price respects the order blocks and liquidity fill around the $70 zone
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.