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Mihai_Iacob
Apr 18, 2020 4:56 AM

Bret Oil- towards 35-36 zone? Long

BRENT CRUDE OILTVC

Description

While WTI OIL is making new lows, Bret OIL stopped its descend and is consolidating in the 28 old resistance area.
I believe next week will be one of gains for both WTI and Bret and I'm looking to buy Bret OIL for a retest of 35-36 resistance.
Also, a buy trade can have a comfortable 1:3 risk: reward ratio.
Comments
jollybee78
Don't be too optimistic yet. We defended on Brent solely for humanitarian reason due to Corona outbreak. When Trump is almost done with his new market opening policy, we shall attack again.
ProjectSyndicate
good review, appreciate it.
Mihai_Iacob
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