if Brent can"t supported from here,it go to the next support on 64.80
Brent crude oil is testing major support at 68.50 (Fibonacci retracement, horizontal overlap support) and a break of this level could potentially drive price all the way down to 65.96 (Fibonacci retracement, horizontal overlap support). It is important to keep an eye out on our long term ascending support line too which could serve as potential intermediate...
BCOUSD Ascending triangle. It already hit two years high. So watch for break out after today 18:00 (GMT +2) US Departament of Energy data
Crude oil at a key level. Trade at your own risk!
We could be in a WXY flat correction. Looks like some downside is ahead to $60 area.
Looks like the end of the long term correction. Trade at your own risk!
Oil had a great up and looks ready to correct on the 4h. Trade at your own risk!
BCO/USD is showing a potential inverse head & shoulders on the monthly chart. long term target prices are labeled in the chart. first tp is a probable support level, second tp is based on pattern projection. this is based on pure TA, so as always, it could be wrong. trade at your own risk.
Price could be trapped within a giant Triangle consolidation.
BCOUSD SHORT OPPORTUNITY ON CRUDE OIL
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron