Brent Crude Oil
Updated

Oil looking to break 70

76
Brent is continuing its uptrend after finding some value a few weeks ago. The boosting in demand and people seem to be bullish ahead of the summer. I personally think it is a "true" narrative with most countries willing to let tourism making some profits again as well as the most vulnerable people are getting vaccinated.

I'll be watching for a break and a retest of 70$ for the long.

Like and comment !
Note
So far supports holding well, check out former post.
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.