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Short

Several ways to reach the TP1 @ 45$

ICEEUR:CB1!   Brent Crude Oil
100 0 6
former analysis is still valid! Moreover - there is the possibility to form a bearish shs             !
former analysis: Brent update Brent could not beat ist longterm downtrend!
After Iran testified, that it will perhaps double its production, brent only made one direction: downwards!With prices below the last valid "2" @ 62,5$ brent leaves his middleterm uptrend (green) behind and reentries
in its longterm downtrend.
As Long Brent is trading below 63,5$, the risk continuing to drop increases massively:
The logically inferable target of the longterm downtrend is
a.) 52,3$
b.) 45$
If Brent could sustainable snatch back the Level @ 63,5$ , the technical Situation relaxes
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