Hi Folks:
Here's my view on the Brent Oil. The ascending channel (green) has been invalidated due to a break out and we bounced right at the support trendline of the descending channel (red), therefore we should consider taking trades at the edges of the channel.
Cheers.
UKOIL
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Here's my view on the Brent Oil. The ascending channel (green) has been invalidated due to a break out and we bounced right at the support trendline of the descending channel (red), therefore we should consider taking trades at the edges of the channel.
Cheers.
UKOIL-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
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Related publications
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.