BRENT OIL - Divergence Led break down from Wedge
Brent Oil formed bearish divergence on MACD and then fell down rather aggressively from rising wedge formation. This indicates that bearish pressure will prevail for some time atleast.
Trade closed: stop reached
Stop reached
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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.