Trendz9

BRENT CRUDE DAILY ANALYSIS

VELOCITY:BRENT   Spot Brent Crude Oil
1. ROC is showing divergence against price.
2. Since March Brent had not dropped below 70, only once its low was 67.
3 It had completed Triangle A and trading above base of triangle and now completing triangle B.
4 It had retraced to 0.318 and continously trading near it. So 0.618 retraced can be done
5 Conclusion buy wiSL 70 and targt 81which is 0.618 retracement level

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.