TipTVFinance

Brent oil – Retakes rising trend line

FX:UKOIL   Crude Oil (Brent)
Resistance- $50.89, $52.43, $52.83

Support - $50.73 (rising trend line – black), $49.82, $48.62

  • Brent’s daily closing back above rising trend line – black indicates a temporary bottom is in place at $46.92 and prices could move higher to $52.43 - $52.83 levels if today’s closing is above rising trend line – black as well.
  • On the other hand, repeated failure to take out $50.89 followed by a hourly closing below $50.73 would open doors for a re-test of $50 - $49.82 levels.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out