Brent Crude - Long opportunities
Tweezers pattern at the 61.8% Fib level of the recent breakout suggests bullishness. I would look for opportunities to get long intraday.
This instrument has been ranging for some time, so I would be conservative with targets.
The 38.2% Fib, the recent range highs and then the last swing high would be areas to watch.
This instrument has been ranging for some time, so I would be conservative with targets.
The 38.2% Fib, the recent range highs and then the last swing high would be areas to watch.
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.