Emerging Channel Up detected on Brent Crude – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 69.038 and it is expected to move to 71.2883.
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?
