It's pretty straightforward if you look at the chart that we are at a zone which price has reacted a few times, and If it turns resistance, we will be seeing a drop to 104.0 or beyond. Look to the hourly chart for entry, wait for a bearish engulfing for safer entry. Questions are welcome.
Brent has been holding on to dear life for quite some time, now with the new chinese backed oil contracts, both wti and ukoil will face fierce competition, and to put a cherry on top, we are in the middle of a trade war. A move upwards of 72 is highly improbable but not impossible. Questions are welcome. :)