Brent crude oil breakout could target 88.50

TVC:UKOIL   CFDs on Brent Crude Oil
The breakout above 80 has been confirmed on a daily basis, but not weekly.

Scenario A) Brent pulls back to 80.50-81 for possible buy setup - short term resistance at 82- then LT target is 88.50
Scenario B) Pullback extends further lower, risking potential false breakout on weekly basis
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out