MujkanovicFX

Brent Crude Update: Fresh HH signals continuation of uptrend

Long
OANDA:BCOUSD   Brent Crude Oil
Brent is breaking above a recent high to form a fresh higher high, after the price retraced and found buying pressure at the 61.8% Fib level.

A close above $68 sees no significant resistance until the $70 level and above.

We're holding our long position since the formation of the double bottom pattern on June 13.

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