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Brent Crude Oil
Long

BRENT // Inverted head and shoulders formation

48
Although there is a reverse head and shoulders formation on the chart, the targets are drawn according to Fibonacci. Since Brent is a strategic product, the first target, 89.206, should be followed closely.
aet61
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Chart PatternsHead and ShouldersMoving Averages

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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.
Chart PatternsHead and ShouldersMoving Averages
aet61
Also on:

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.