Long
brent oil analysis
i think oil looks bullish for now we might see the price rising up to 66.50 as main target, and if price breaks above 66.76 i think it will push even farther toward 67./69 levels .
and of course let's not ignore that gap that price might cover it up before rising .
if price goes under 63.76 it's gonna be tough for bulls and the price might start falling to 62 levels if bear scenario occurs i'll update the chart for you guys.
that said good luck to everyone :)
and of course let's not ignore that gap that price might cover it up before rising .
if price goes under 63.76 it's gonna be tough for bulls and the price might start falling to 62 levels if bear scenario occurs i'll update the chart for you guys.
that said good luck to everyone :)
Note
sorry for not updating the bear scenario in time .like i mentioned in the comment breaking the 63.76 will lead the price to 62 as main target .now price is going to test 63.76 again. breaking it with a bullish candle is your buy signal.
Trade closed: target reached
63.76 target reached . as mentioned .
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.
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.