Brent Crude is approaching a support line at 64.3335. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels.
Related Posts
Natural Gas seems to be on its way to resistance – a possible opportunity?
Natural Gas is about to retest a key horizontal resistance level near 3.4945. It has tested this level…
A possible move on Silver Spot as it heads towards resistance
An emerging Rising Wedge has been detected on Silver Spot on the 4 hour chart. There is a…
A Channel Up has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Channel Up detected on Brent Crude – the pattern is an emerging one and has not yet…