ovidiu_andi

Brent Crude Oil Short Bias

Short
OANDA:BCOUSD   Brent Crude Oil
The Brent Crude Oil gives us a couple of clues in regard to its recent upward momentum loss. The distribution phase may have already started, a descending triangle is clearly visible and the price has found resistance at 68.000, 67.000 and 66.000 psychological levels. I expect it to break the support and then head downwards.
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