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Lingrid
Sep 28, 2021 6:50 AM

UKOIL short from resistance  Short

BRENT CRUDE OILTVC

Description

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Oil is trying to break through strong resistance at 80.5. The movement was towards the level but rather strong and the campaign was more towards the distribution, I think that the continuation of the growth is unlikely. I'm waiting for a false breakout and a fall in the price to support. My target is level 77.78

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Comments
yohanchrist87
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wonderfull prediction lingrid. awsome…
Lingrid
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I would like to share with you my idea on oil. What do you think🤔?
vilasineeac
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@Lingrid, I'm stilling learning, just wondering why do you target at 77.78? Thanks
imthegrv
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@vilasineeac, because 77.78 is the last resistance it broke. bears will try to break this level for further downside, it can be the first target.
vilasineeac
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@imthegrv, Thank you.
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