SanktuaryMAM

Brent Breakout Retest

Short
TVC:UKOIL   CFDs on Brent Crude Oil
Brent crude looking like it is about to retest based upon the breakout we saw earlier in the week. I will be looking at the price action around the $47 handle to see whether we have tall wicks and other signs that prices are unlikely to hold above this level. Target will be $41.50.