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Brent Oil - Daily - Down and then up again?

CFDs on Brent Crude Oil (TVC:UKOIL)  
JFD_Research Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Quick idea.

Brent oil still has a bit of room for a further move lower. But the downside may get limited near the upside line. If it holds, the bulls could return into the field and attack again. If that upside line fails to withstand the pressure, this could result in further declines.

Please see the chart for details.

Don't forget your stop-loss.
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