Brent Oil is at a major resistance on the 4h/daily chart!
Should it go above, the next major resistance 80.00, with a minjor one at 74.00!
I'm not buying it, so I will short to more recent levels!
If there's a convincing breakout and pullback, I might consider a long if the price action is right!
Should it go above, the next major resistance 80.00, with a minjor one at 74.00!
I'm not buying it, so I will short to more recent levels!
If there's a convincing breakout and pullback, I might consider a long if the price action is right!
Note
resistance hit at 74 as discussed!Will be looking to short with good price action :)
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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.