#Brent crude oil - H1
📣 Based on the chart structure in the 1-hour timeframe, if the resistance level around 83.85 is broken, one can consider buying with a target of 86.30.
⛔ Stop loss: 82.30
On the other hand, with the break of the 82.30 level, there is a potential for a price decline towards the 80.00 range.
⛔ Stop loss: 83.85
It's essential to perform your own analysis and consider other factors before making any trading decisions.
📣 Based on the chart structure in the 1-hour timeframe, if the resistance level around 83.85 is broken, one can consider buying with a target of 86.30.
⛔ Stop loss: 82.30
On the other hand, with the break of the 82.30 level, there is a potential for a price decline towards the 80.00 range.
⛔ Stop loss: 83.85
It's essential to perform your own analysis and consider other factors before making any trading decisions.
Trade closed: target reached