Hello,
BRENT has once again dropped towards its previous lows. For an upward move, we need to see a breakout and confirmation above the 1D PP. A definitive upward shift requires a breakout and confirmation above the 1M PP. If it fails to hold above the 1D PP, further downside is likely.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
BRENT has once again dropped towards its previous lows. For an upward move, we need to see a breakout and confirmation above the 1D PP. A definitive upward shift requires a breakout and confirmation above the 1M PP. If it fails to hold above the 1D PP, further downside is likely.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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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.