Brent Oil Futures (BR1!) Catching Bearish Wave
Brent oil has reached a strong level of structure.
It is a combination of a daily structure and a recent gap open level.
+ 618 retracement of the major impulse
I will be waiting for a bearish breakout of the rising wedge pattern to short the market.
The initial target will be
56.2 level
Target 2
55
Target 3
54
Stop
58
*if the market respects support of the wedge and sets new higher high
setup will be invalid
