Brent Crude has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 72.6165 within the next 19 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
After testing the resistance line numerous times, Brent Crude is once again approaching this line. Can we expect a bullish trend to follow?
Brent Crude is heading towards the resistance line of a Rising Wedge and could reach this point within…
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 8 days
Emerging Falling Wedge detected on Gold Spot – the pattern is an emerging one and has not yet…
A possible move on Silver Spot as it heads towards resistance
Silver Spot is approaching the resistance line of a Channel Up. It has touched this line numerous times…