Brent Oil: Pullback and Buy Opportunity

The market gives us a trend reversal signal based on a bullish divergence and the price reversal from 27.00 support. It does not mean that the market will become bullish. We can try to catch a pullback using bullish signals. The market keeps the potential to continue the main downtrend.

Entry Price: above 31.15
Stop Level: below 24.50
Profit Level: at 39.50

Risk per trade must be no more than 2% of your capital.



Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.

Comment:

The trade was not activated.