PivotX

Brent, Looks more like selloff/Short scenario

Short
TVC:UKOIL   CFDs on Brent Crude Oil
Pink lines shows monthly view, green lines for bull channel, red for bear channel. everyone talking about diffrent frames, But we still in bear channel since 28 may, we have been in a small bullish channel since 5 may. If we break through 77 brent we have left the bear channel and are inside bull channel. My view is that this todays 4h candle is too steep and good for shorting or waiting for a good long. I am still shorting big and see these spikes as pump/selloffs. these angles are not sustainable for long. My view, no rec. I am short.
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