Brent Crude Oil Futures
Short

Brent Oil Futures (BR1!) Time to Fall

805
snapshot

Brent oil finally reached a major strong weekly resistance.

On that, the price has formed a h&s formation and just broke below its neckline.

Taking into consideration the overbought market, chances are high that the price will go much lower.

Goals - 53.15 / 51.0

Please, support this trade with like!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.