Brent Crude Oil
Updated
#Brent Crude Oil - H1 Analysis
📣 Based on the 1-hour chart structure, a break above the descending trendline at 80.07 could be a buying opportunity with a target of 82.00.
⛔️ Stop Loss: 79.00
Conversely, if the price breaks below the 79.00 level, a decline towards 77.80 could be anticipated.
⛔️ Stop Loss: 80.07
📣 Based on the 1-hour chart structure, a break above the descending trendline at 80.07 could be a buying opportunity with a target of 82.00.
⛔️ Stop Loss: 79.00
Conversely, if the price breaks below the 79.00 level, a decline towards 77.80 could be anticipated.
⛔️ Stop Loss: 80.07
Trade closed: target reached
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