Peet_Serfontein

Brent $ spot: volatility squeeze

Long
TVC:UKOIL   CFDs on Brent Crude Oil
A volatility squeeze is playing out.
A price action above 108.75 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Upside price momentum supports the bullish trend.
RSI leaves enough room for further upside price potential.
Remains a risky trade.

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