Brent crude rose 2.7% at one point on October 1st due to fundamental reasons between Iran and Israel outweighing supply, multiple breaks of a swing high making a significant shift in the oil market breaking past $76 per barrel a fresh 2H Bullish breaker formed at 76.00 anticipating a retracement at that level and continuation of buys till $81 per barrel
Note
My profit targets if the zone is tapped are $79.2 and$ 81 per barrel
Trade closed: target reached
closed at $79.4 since I reached my profit targets for the week There's a potential supply zone at that area but I still think market will reach $81 by The end of tomorrow possibly break past that major 4H supply zone at that area since its been tested multiple times
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