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Brent Crude Update: Fresh HH signals continuation of uptrend
Brent Crude Oil
Long
Brent Crude Update: Fresh HH signals continuation of uptrend
By MujkanovicFX
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Jul 15, 2019
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Jul 15, 2019
Brent is breaking above a recent high to form a fresh higher high, after the price retraced and found buying pressure at the 61.8% Fib level.
A close above $68 sees no significant resistance until the $70 level and above.
We're holding our long position since the formation of the double bottom pattern on June 13.
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