The price of Brent Crude in heading in the direction of 77.2471. Despite the recent breakout through 75.2730 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
ARTÍCULOS RELACIONADOS
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…
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is heading towards the support line of a Channel Up. If this movement continues, the price…