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Brent Crude Oil

BRENT Analysis & Forecast - Spot Oil

Market Trend Forecasting: Bullish Trend (BUY)
Pivot Date: 13 days ago (5/5/2025 12:00:00 AM)

Summary

Detailed BRENT forecast as well as a Brent Crude Oil technical analysis based on Gann Theory
Today, 5/5/2025, a Gann square was formed in the "BRENT" pair, and as a result of Gann theory analysis, a bunch of Resistance levels were obtained in the 1D chart. The most important points are from the price of 60.899 to {_DRL2_}, which is close to the price of 67.844 to continue trading, you should measure the market pressure first!
In summary, "BRENT" is still in Positive territory as it is standing above the 58.715 price level, however, any drop below the 67.844 price level could shift the market outlook to a bearish perspective.

Details of the BRENT analysis

Brent Crude Oil long term analysis


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Support/Resistance Levels

Rotation at the Gann square in the main and sub angles

  • Resistance 1: 60.899
  • Resistance 2: 63.172
  • Resistance 3: 65.487
  • Resistance 4: 67.844
  • Resistance 5: 70.243
  • Resistance 6: 72.683
  • Resistance 7: 75.165
  • Resistance 8: 77.689

The chart in the eyes of Gann

Converting numbers to degrees based on the rules of Gann's theory

Start Date: 1/16/2025
End Date: 5/5/2025

Price High: 81.585 ⟶ 234°
Price Low: 58.715 ⟶ 172°

Price Range: 22.87 ⟶ 337°
Work Day: 76 ⟶ 258°
Calendar Day: 109 ⟶ 207°

Square of Price with the Time

Result of calculation the square of price with the time

  • The Work Day is squared with an offset of 90° and a difference of 4°

Matching Price or Time

Matching price or time with series of numbers

  • ••• The difference of the roots (4.34) with the important number; Number: 4 - Source: 2*2
  • ••  The difference of the roots (4.34) with the important number; Number: 5 - Source: Fibonacci
  • ••• The difference of the roots (4.34) with the important number; Number: 4.236 - Source: Important Ratio
  • •   The difference of the roots (4.34) with the important number; Number: 6.854 - Source: Important Ratio
  • ••  The difference of the roots (4.34) with the important number; Number: 3.14 - Source: Sacred Geometry (Special)
  • ••  Matching 781 degree motion with the important number; Number: 780 - Source: 52*15
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