Brent Oil - Ready for a sell from the pullback

After breaking down the short-term $106 support zone of CURRENCYCOM:OIL_BRENT, we can expect a pullback to it and saving energy for moving toward its PRZ and TRZ, both mentioned on the chart. As long as the price is under $109.3, the analysis is valid!

Note

The analysis is still valid and the first target is reached. I personally close my position here and waiting for the pullback to $102.5 zone, with the PRZ and TRZ targets, both mentioned on the chart.

Note

Did anyone see the beautiful pullback and having a down move to $98?! :)

Amir_Shamshiri

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