Brent Crude OilLong
Brent (ICE) (G4) Intraday May rise 1.69 %
Pivot: 81.90
Our preference:
long positions above 81.90 with targets at 83.35 & 84.05 in extension.
Alternative scenario:
below 81.90 look for further downside with 81.25 & 80.70 as targets.
Comment:
the RSI is mixed with a bullish bias.
Our preference:
long positions above 81.90 with targets at 83.35 & 84.05 in extension.
Alternative scenario:
below 81.90 look for further downside with 81.25 & 80.70 as targets.
Comment:
the RSI is mixed with a bullish bias.
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