TipTVFinance

Brent oil – Eyes 23.6% Fib resistance

TVC:UKOIL   BRENT CRUDE OIL
Oil’s recovery from the low of $44.38 amid the daily MACD showing loss of bearish momentum suggests the bearish move may have run out of steam and the prices could rebound from 200-DMA of $45.39 and move to $46.58 (23.6% of the recent drop).

Only a daily close below $44.38 would suggest continuation of the recent downtrend.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out