ICEEUR:BRN1!   BRENT CRUDE OIL FUTURES
On the weekly chart, there is ether a strong Falling Wedge in the making.

If the price breaks up and out of the Falling Wedge , we can expect the price to move up to $155.000

If Brent Crude forms an M formation ( Double top ), it's possible for Brent Crude to be bearish and on the way down. But we need the double top to form first.

What are your thoughts...

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Timon Rossolimos
Founder, MATI Trader

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