CFDs on Brent Crude Oil
Long

$UKOIL - Conflicts, COVID, Sanctions, Triangle pattern

193
Hi guys! ๐Ÿ‘‹๐Ÿป

๐Ÿ”” Conflicts, military operations, sanctions, COVID seem to be the headlines of 2022

๐Ÿ”” The bursts of conflicts globally looks so intense that they might be the main drivers of oil prices.

๐Ÿ”” I really don't think that EU will embargo Russian oil but if they really do, BRENT will hop to $160 easy, which according to the chart here is very possible.

๐Ÿ”” For now, I'm expecting a slight correction here with a potential on a jump to $123.

โœŠ๐Ÿป Good luck with your trades! โœŠ๐Ÿป
If you like the idea hit the ๐Ÿ‘๐Ÿป button, follow me for more ideas.

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