Peet_Serfontein

Brent $ spot: a more severe correction unfolding?

Short
TVC:UKOIL   CFDs on Brent Crude Oil
An overbought BEARISH bias is applicable below 63.62
Trade setup probability: -44%. Target: 62.74. Stop-loss: 64.02.
Downside price momentum supports the bearish trend. RSI is at 76 – overbought.

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