Brent trying 5th attempt to break higher
see the congested area with the arrow, Brent trying to break and close above this 50.93-51.20 congested area. four recent previous failures. if we can close above 51.20, it should rocket higher, targeting 52.10 and then returning to early June highs. Technicals this time look set to give it the momentum to do it.
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.