#Brent crude oil - H1
📣 Based on the chart structure in the 1-hour timeframe, if the resistance level around 83.85 is broken, one can consider buying with a target of 86.30.
⛔ Stop loss: 82.30
On the other hand, with the break of the 82.30 level, there is a potential for a price decline towards the 80.00 range.
⛔ Stop loss: 83.85
It's essential to perform your own analysis and consider other factors before making any trading decisions.
📣 Based on the chart structure in the 1-hour timeframe, if the resistance level around 83.85 is broken, one can consider buying with a target of 86.30.
⛔ Stop loss: 82.30
On the other hand, with the break of the 82.30 level, there is a potential for a price decline towards the 80.00 range.
⛔ Stop loss: 83.85
It's essential to perform your own analysis and consider other factors before making any trading decisions.
Trade closed: target reached
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.