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Brent Crude Oil Futures
Short
Jun 6, 2022
Energy was the best trade short term, 125$ will be the top
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And energy will remain the best trade in long term. (going to 185$+ in next cycle).
Beautiful double top is forming.
However, because of the coming crash. Energy will follow indices even if less than during covid.
So I feel the objective to be around 43$
Luncyan
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Double Top or Bottom
Fibonacci
Support and Resistance
Luncyan
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