Peet_Serfontein

Brent $ spot: heading higher?

Long
TVC:UKOIL   CFDs on Brent Crude Oil
A price action above 74.000 supports a bullish trend direction.
Further confirmation of a positive sentiment above 78.00
The target price is set at 82.00.
The stop-loss price is set at 72.00 (just above its 200-week sma).
Remains a very risky trade.
A potential double bottom pattern is busy developing. Might it signal some upside price potential?

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