Brent Crude is heading towards the resistance line of a Triangle. If this movement continues, the price of Brent Crude could test 71.3312 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is moving towards a key resistance level at 68.3375. This is a previously tested level for…
Silver Spot seems to be on its way to support – a possible opportunity?
Silver Spot is heading towards a line of 41.0334. If this movement continues, the price of Silver Spot…
US Oil is signaling a possible trend reversal on the intraday charts with price not breaching support.
A Channel Down pattern was identified on US Oil at 64.0955, creating an expectation that it may move…