Yuriy_Kuznetsov

Brent will decrease

Short
Yuriy_Kuznetsov Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
Hi everyone! Brent moves in globally bearish channel. After semi-annual correction the price could not overcome very strong level of resistance 46.59 and the zone of support 43.62 was again punched down. It and also my indicators give to me the grounds to believe that the movement will be continued to the following zone of resistance 35.80 down.
So: sale - from the current level
the purpose - 36.30 (we will take a little above).
cancellation on this idea - 47.60.


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Information provided is only educational and should not be used to take action in the market.
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