MVedra
Long

Brent positioned to move higher - from $70 to $80

TVC:UKOIL   CFDs on Brent Crude Oil
Steadily rallying into the $70 key resistance that marked the May-15 and Jan-18 highs. The resistance at $70 would mark a level that investors are taking profits at, and hedgers are happy to sell forward. This creates an artificial hold on prices, which will end in a move higher with $80 a target.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out