Brent is heading lower till Feb 2-5 and then 74-76 by either April or May.
Trade active
hits the upper bound perfectly at 68.25 right on time. Now is seen below 64 by FebTrade active
64 by Feb is still validTrade active
approaching 64. Everything is intact.Trade active
hits support line (red line) 64.09 perfectly. If it doesn't break below, then 75 by April.Trade active
low point hit on Feb 9 (expected on Feb 5), next target is 76 by April 10.Trade active
getting closer to the targetTrade active
76 by May 9 as per the second scenarioTrade closed: target reached
Brent hits upper blue line at 76.12. Target reached with high precision.
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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.