Brent: Key Levels for Upside or Downside
Hello,
BRENT has once again dropped towards its previous lows. For an upward move, we need to see a breakout and confirmation above the 1D PP. A definitive upward shift requires a breakout and confirmation above the 1M PP. If it fails to hold above the 1D PP, further downside is likely.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
BRENT has once again dropped towards its previous lows. For an upward move, we need to see a breakout and confirmation above the 1D PP. A definitive upward shift requires a breakout and confirmation above the 1M PP. If it fails to hold above the 1D PP, further downside is likely.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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