Brent Oil - Ready for a sell from the pullback
After breaking down the short-term $106 support zone of
OIL_BRENT
, we can expect a pullback to it and saving energy for moving toward its PRZ and TRZ, both mentioned on the chart. As long as the price is under $109.3, the analysis is valid!
OIL_BRENT
, we can expect a pullback to it and saving energy for moving toward its PRZ and TRZ, both mentioned on the chart. As long as the price is under $109.3, the analysis is valid!
Comment:
The analysis is still valid and the first target is reached. I personally close my position here and waiting for the pullback to $102.5 zone, with the PRZ and TRZ targets, both mentioned on the chart.
Comment:
Did anyone see the beautiful pullback and having a down move to $98?! :)