stylebh

Short BRENT (Long term)

Short
TVC:UKOIL   CFDs on Brent Crude Oil
BRENT is on a strong down trend line that hasn't been broken since July 2008, with an RSI around 70 levels. So we expect that it will go down to reach 45 levels in the next year

Entry point : 75$
TP : 45$
SL : 80

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.