Brent Crude Oil Prices for April, 2024:
$89.019, $88.024, $88.459 will be the next low.
$90.956, $90.585 follow by, $91.109 = New support
$91.279
$91.467
$91.850
Execution Price =
$91.70
$91.850
$92.255
$92.553
Distribution Price = $93.662
Expect a big drop as if you switch to 1D timeframe the distribution price, $93.662 will create a bearish Neck & Shoulder Pattern! And this will drop the price to $85.848 area! (2) Reason, incorrect move took a place during March, 2024!
$89.019, $88.024, $88.459 will be the next low.
$90.956, $90.585 follow by, $91.109 = New support
$91.279
$91.467
$91.850
Execution Price =
$91.70
$91.850
$92.255
$92.553
Distribution Price = $93.662
Expect a big drop as if you switch to 1D timeframe the distribution price, $93.662 will create a bearish Neck & Shoulder Pattern! And this will drop the price to $85.848 area! (2) Reason, incorrect move took a place during March, 2024!
Note
Brent Spot Oil Prices for Week1, Week 2, April , 2024:$91.696
$92.118
$92.631
$92.756
$92.934
$92.836
$93.491
$94.570
$94.775
$95.360
$95.995
$96.055
$96.319
$96.714
Distribution Price = $96.774, $96.767, $97.042
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.
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.