Short
Brent Crude oil Bear
Looking at the long term downward trend from June 2008,
We can see that there is Resistance at the 86 level.
If this resistance is not broken then we are looking at a retracement to 51 level (Fib)
Solely based on technical analysis and no fundamentals in consideration.
We can see that there is Resistance at the 86 level.
If this resistance is not broken then we are looking at a retracement to 51 level (Fib)
Solely based on technical analysis and no fundamentals in consideration.
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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.