Brent Crude OilShort
ANALYSIS ON CRUDE OIL
Price looks to be descending to establish a third touch on the ascending channel.
We are anticipating one more leg to the upside to complete the third touch of the channel and then a sell off to the 100 area.
Also expecting a fakeout on the larger pattern so we will be looking to sell on confirmation of a candle or pattern.
We are anticipating one more leg to the upside to complete the third touch of the channel and then a sell off to the 100 area.
Also expecting a fakeout on the larger pattern so we will be looking to sell on confirmation of a candle or pattern.
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