#Brent Crude Oil - H1 Analysis
📣 Based on the 1-hour chart structure, a break above the descending trendline at 80.07 could be a buying opportunity with a target of 82.00.
⛔️ Stop Loss: 79.00
Conversely, if the price breaks below the 79.00 level, a decline towards 77.80 could be anticipated.
⛔️ Stop Loss: 80.07
📣 Based on the 1-hour chart structure, a break above the descending trendline at 80.07 could be a buying opportunity with a target of 82.00.
⛔️ Stop Loss: 79.00
Conversely, if the price breaks below the 79.00 level, a decline towards 77.80 could be anticipated.
⛔️ Stop Loss: 80.07
Trade closed: target reached
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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.