Trade idea.
After hitting the 200 EMA on the 4-hour chart, Brent oil moved back down to test its short-term upside support line. For now we will stay put and wait for a clear break through one of our highlighted areas in order to consider a further directional move.
Wait for a break first.
Please see the chart for levels and targets.
Don't forget your stop-loss.
After hitting the 200 EMA on the 4-hour chart, Brent oil moved back down to test its short-term upside support line. For now we will stay put and wait for a clear break through one of our highlighted areas in order to consider a further directional move.
Wait for a break first.
Please see the chart for levels and targets.
Don't forget your stop-loss.
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