My two lines for Brent

Due the latest worldwide events and seeing that DJT transportation index seems not performing well... Bad news also coming from that cartel OPEC represents I decided to setup my position against brent.

Here are my two levels based on FIBO lines.

What are your thoughts? Do you really think that the price of the barrel will continue to plummet? Will we reach $ 20 soon?

Please feel free to comment. Glad if you share this too. Thanks!
brentbrentcrudebrentcrudeoilbrentcrudeoilshortbrentoilbrentoilanalysisbrentpetrolbrentshortChart PatternsTechnical IndicatorsTrend Analysis

Disclaimer