Peet_Serfontein

Brent: breaking up out of the falling wedge pattern?

Long
TVC:UKOIL   CFDs on Brent Crude Oil
It appears the price action is breaking up out of the falling wedge pattern.
A price action above 84.85 supports a bearish trend direction.
Further bullish trend support above 88.90.
Consolidation range from 86.80 to 90.60.
Crossing above 90.60 support the fact of the price action testing 96.35.
Crossing below 86.80 will be the first sign of pending weak,=ness.

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