Brent Crude is about to retest a key horizontal resistance level near 65.0960. It has tested this level 6 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Related Posts
A Descending Triangle has formed, Silver Spot is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Silver Spot is trapped in a Descending Triangle formation, implying that a breakout is Imminent. This is a…
A final push possible on Natural Gas as it starts approaching a price line of 3.6320.
Natural Gas is heading towards 3.6320 and could reach this point within the next 2 days. It has…
US Oil experienced a very large 22 hours bearish move to 69.139
Those of you that are trend followers are probably eagerly watching US Oil to see if its latest…