BullBearMkt

Brent Oil Needs A Strong Bullish Candle At Support Level

FX:UKOIL   CFDs on Crude Oil (Brent)
Brent Oil is now sitting close to a strong support level between 25.65 & 26.44. What's needed now is a strong bullish candle ( SBC ) to start an intermediate uptrend; but in the abscence of a SBC , Brent oil visiting below 22 is a possibility.

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Comments

It is even worse, Brent Crude oil is now somewhere around $ 15 and still bearish. where doe it go? I buy when it start to go up and keep it for a long time, it will go back to $ 40 in 1 year I believe.
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