#Brent - Testing support.Brent Oil initially bounced off what I interpreted as a double bottom. My target at this stage was around $75. Unfortunately this did not play out and the price has come all the way back down to the new horizontal support.
BB1! trade ideas
#Brent Oil - Targeting $75 if pattern plays out. Brent remains bullish after breaking TL (Green) to the upside. If this pattern plays out, $75.72 is the potential target price.
Brent Oil Changes Ticker to BURN1!Hello Traders,
Would just like to remind you that we still need oil to get to space.
Gold is a heat reflective material required for space travel and atmospheric re-entry, so please hold and sell your gold accordingly.
Also, Brent changed their ticker from BRENT to BURN1!.
MACD signal line will cross going upward on the month-view around 69 dollars according to the Madrid Moving Average Ribbons.
Squeeze is up, ADX increasing, DI- over DI+.
Happy Holidays and have a Great New Years!
See you all in 2020!
-dysonring2050
BRENT GIVE US OPPORTUNITY FOR PROFITBrent recently has reached a strong support line near 57. As in the last time I expect to see a reversal pattern and we can seize this moment!
Buy 58.85
Sell 61.86
Stop-loss 57.06
Risk Reward ratio is 2.4
BRENT OILBRN
BRENT OIL
BRENT CRUDE
BREBT OIL ANALYSIS
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Be Different ...
Hamid Rahathagh
Crude OilIf the purple support line breaks, my short targets for crude oil are $50 & $44. This analysis is based on a pattern we've seen
three previous times in MOEX:BR1! before.
