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laughingchartist

BRENT CRUDE (UK OIL) [1 Week View]

Short
U.S. DOLLAR / BRENT CRUDE OIL (FX_IDC:USDBRO)  
laughingchartist Updated   
FX_IDC:USDBRO   U.S. DOLLAR / BRENT CRUDE OIL
Trend Analysis Chart Patterns Technical Indicators Oil Forex investing trading Technical Analysis charting signals thelaughingchartist
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trendanalysis chartpattern indicator oil forex investing trading technicalanalysis charting signals thelaughingchartist
Short BCO
Entry: 61.48
TP1: 61.02
TP2: 60.04
SL: 61.87

Price is now below what i call it's "Natural Moving Average"©
MACD momentum is starting to turn down showing possible bearish-ness. Breaking below trendline support (TP1) will open further drop towards TP2.
Trade closed: target reached:
Beautiful profits.
Target reached. +2.08%
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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