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PrimedGroup
Feb 12, 2020 10:15 AM

BRENT SELL with a 4+ Risk/Reward Short

BRENT CRUDE OILTVC

Description

Brent and WTI remain in decent down-trends and the sentimental support a bearish outlook as the Coronavirus and OPEC put pressure on it.

Our system indicates great selling opportunity right now with a contraction leading ot 38.2% of the low/high of the recent movement.

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**THE ONLY THING THAT WORRIES ME IS THAT RSI ON DAILY... BUT EVERYTHING CAN CONTINUE TO DROP/RISE NO MATTER WHAT RSI SAYS.**
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