Anticipating a Bearish move to 1.0440 initially then 0.19900 region But first the least informed & misguided Buyers will wade into the Traps at the Resistance levels(see chart). More Charts to follow -
Mavintrades - Only the Technicals are considered at Mavintrades and no single thoughts/interest afforded to any sort of Fundamentals in all our study.
When there is a will, there will always be a way! Buyers are aiming to get Prices as high as 70.00 for UKOIL aka BRENT(XBRUSD) medium term.
Longer term - Invariably the overall goal for Buyers is to get Prices for this sweet juice trading above $100 per barrel, actually up to around $108.00 mark, all this culminating from activities of the early days in 2016...
A look at Gold Futures(GC) use Range Bars, watching for negative reactions along the Resistance levels on Chart for Sell pressure/scenarios.
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