BRENT OIL SHORT
Clear and simple reading of price action here. Double top forming at $54 before making a lower high showing buyers are running out of momentum. After 2 tests of $46.30 we have now broken below and the Daily looks very likely to close below. Providing we don't get a freak spike we will be going short here.
This also runs inline with the Dollar strength we are having and looks like continuing which will help drive this pair lower.
Targeting the $43 lows and potential to run lower
This also runs inline with the Dollar strength we are having and looks like continuing which will help drive this pair lower.
Targeting the $43 lows and potential to run lower
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.