Brent Crude Pullback Buy Trade H4

OANDA:BCOUSD   Brent Crude Oil
After reaching multi-month highs and following Trump's tweet on OPEC, oil fell $64.36 and seems to be completing a pullback we forecasted earlier in our analysis. The commodity is now trading close to the lower rising channel boundary, supporting our long view.

The inverse SHS pattern has already been triggered and projects a target of around $76. xx . More risk-averse traders could aim at the upper rising channel resistance ($73. xx ).

Let's trade and discuss markets in our Telegram channel! ->
Good analysis.
@J.P.S., Thanks!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out