Get started
Trend_Trader_JSE

Brent to reach $85?

Long
U.S. DOLLAR / BRENT CRUDE OIL (FX_IDC:USDBRO)  
Trend_Trader_JSE  
FX_IDC:USDBRO   U.S. DOLLAR / BRENT CRUDE OIL
Trend Analysis Chart Patterns Technical Indicators trendtrader trendfollowing brent brentoil brentcrude brentlong brentoilanalysis
0
0
trendanalysis chartpattern indicator trendtrader trendfollowing brent brentoil brentcrude brentlong brentoilanalysis
I've been bullish on USDBRO ever since it traded above its 200EMA. Bought few contracts, rode the trend from $43 to $69.

Last week Brent closed above $71, looking back, this was/is an area of value. Now that the price is above $71, I'm bullish once again, targeting the $85 region, with a stop below the 50EMA.
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.