jasperlawler

Weekly reversals at $80 in Brent crude oil look bearish

Short
TVC:UKOIL   CFDs on Brent Crude Oil
Several weekly reversal candlesticks at the 80 level are bearish

Scenario A) 77.85 acts as resistance and price falls to 77, with break of 77 leading to larger fall
Scenario B) 77.85 gives way for another run at 80


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