BRENT ANALYSIS
Updated
Uk Oil made a steep drop to the support level / trendline and then made a double bottom with bullish divergence.
Based on the above we can expect the price to gather bullish momentum this week to clear 112.7 and achieve 116.30 initially.
Based on the above we can expect the price to gather bullish momentum this week to clear 112.7 and achieve 116.30 initially.
Trade closed: target reached
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