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About me An experienced Technical Market Analyst with a focus on reading the financial markets using Price Action techniques
Joined Nigeria TaiwoMegbope
Markets Allocation
100 % commodities
Top Mentioned Symbols
CB1! 100% | 1
Taiwomegbope Taiwomegbope CB1!, D, Short ,
CB1!: Potential Resistance in Brent around $53.50
36 0 2
CB1!, D Short
Potential Resistance in Brent around $53.50

ICEEUR:CB1! Expecting a minor rally in the coming day to test the $53.50 price level. If a significant bearish candlestick formation shows up afterwards or we see such a rally that leaves the commodity's price trading far away from its mean, we could very likely see a retracement of the bull trend which commenced at the end of January 2016.

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