jahan6662003

jahan6662003

After returning to the pullback area, the price moves towards the bottom of the range trading channel.

jahan6662003

It is likely that the downward movement will begin with the breaking of the rising wedge triangle pattern from the bottom

jahan6662003

If the trend line in rsi is broken and then the trend line on the chart is broken, the price can move to the top of the channel.

jahan6662003

Brent oil reached the ceiling of the channel, we saw the price decrease and again before reaching the previous range, we saw weakness in the upward trend, and it seems that this weakness will continue and the price will fall to the bottom of the channel.

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By forming a double ceiling and weakening the upward trend, oil can fall to the target of $107 in one hour.