FOREXIR

BCOUSD

FOREXIR Updated   
OANDA:BCOUSD   Brent Crude Oil
#Brent crude oil - H1

📣 Based on the chart structure in the 1-hour timeframe, with the breakout of the resistance-turned-support level zone around 76.93, it is possible to initiate a sell position with a target of 73.80.

⛔ Stop Loss: 79.40

On the other hand, with the break of the range at 79.40, a price growth towards the range of 82.20 can be anticipated.

⛔ Stop Loss: 76.93
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.