Long on brent
Price is right now at support. So far it has carved an uptrend channel which is being testet at his lower side.
It is time to look for many signs as you can there and enter:
Reasons so far:
1) Price is being backed up by the 20ma
2) Price is testing the lower channel side
3) Price is aligning with main 0.382 fibonacci retracement levels.
Trade at your own discretion and risk.
It is time to look for many signs as you can there and enter:
Reasons so far:
1) Price is being backed up by the 20ma
2) Price is testing the lower channel side
3) Price is aligning with main 0.382 fibonacci retracement levels.
Trade at your own discretion and risk.
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.