SHORT BRENT OIL, RR 4.38 SL 33.49 1ST TP 31.2 2ND TP 30
For the long run, Oil might have changed the direction to the uppper side.
But before it can quickly run up, it has to fall again to reflect the fundamental and the sentiment.
Triangle show me a nearly completion, if you dare to take the risk, you can short now and nice risk reward. But I am expecting it will have a final rally before it fall again deeply.
Meanwhile, the time showed me that it will need another around 1 day to complete the time and the pattern, the price could be higher but with diminishing volume.
But before it can quickly run up, it has to fall again to reflect the fundamental and the sentiment.
Triangle show me a nearly completion, if you dare to take the risk, you can short now and nice risk reward. But I am expecting it will have a final rally before it fall again deeply.
Meanwhile, the time showed me that it will need another around 1 day to complete the time and the pattern, the price could be higher but with diminishing volume.
Trade closed: stop reached