Brentoilsell
Sell Brent! Right Now! Good potential! BCO sell pattern is hereWe have good pattern to sell BCO.
1 - we have good sell impulse movement 25 february
2 - we have good correction with 6 higher highs.
3 - we have good flat from 27.02 to 1.03
One problem - today is friday so you can catch gap at monday. But position to sell is my prefered.
So lets try to catch profit right now.
Sell at 65.80. SL - 66.88 TP1 - 63.65 and TP2 - 62.90
Max Risk Reward Ratio is 2.52
BCOUSD @ 60 min. Chart @ suggests price pressure until 48 USDThe big picture is still looking pretty bullish
Based on daily charts , an outbreak above 54 is only a question of time - this month or even january`17 ...
But the short term makes me afraid last 24 hours and even suggests me price pressure even unbtil 48 USD ?!
How ever the short-tmer chart is pretty bearish even under 52.500 BCOUSD
Why ??? Let me shortly excplain ...
the daily sma broked even around by 52.500
the weekly sma broked even around by 52.500
the monthly is more or less even around by 48.000
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron