TheWinningDay

BR1! - Possible to reach TP96

Long
TheWinningDay Updated   
MOEX:BR1!   Brent Oil Futures
Bull Up condition :
1) BRENT candlestick has BO Level-2 of Raising Stage (E), next target going to be 96.55 (Level-3)

2) Tricol+ indicator - Banker's sentiment (red) above 75%, still in bullish trend

Support & Resistance:
S : 89.37 (-1.81%)
R : 96.55 (+6.08%)

Remark:
- length of AB=CD=DE=EF


DISCLAIMER:
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Comment:
- BRENT has retrace to Level-2 about 89.37 and rebound upward
- Heading to TP 96.55
- It has rised from 90.62 to 93.44, half way to go


DISCLAIMER:
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Comment:
Update on Brent oil futures (BR1!)

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