TradingView
BlueberryMarkets
Aug 13, 2019 1:35 PM

BRENT CRUDE OIL TO CONTINUE LOWER Short

Brent Crude OilOANDA

Description

BRENT CRUDE is likely to continue lower as the price continues to form lower lows and lower highs.
The daily timeframe is currently showing price retracing back towards the key resistance of 60.30.
If price forms bearish price action we can look for a swing trading opportunity from these lows.
Comments
RobertvanBerkum
Is there a H&S Patern on H4 ? sure looks like it
BlueberryMarkets
@RobertvanBerkum, I don't see that personally, I wouldn't be surprised if the price re-tests the 200EMA with another rally.
Make_Money_Guru_Bitcoin
cool work
Siegemp555
Your 1st arrow was a great call. Let’s see about the 2nd arrow. Thank you
BlueberryMarkets
@Siegemp555, depends if trump tweets again!
More