Crude Oil, story of the Chart.

OANDA:BCOUSD   Brent Crude Oil
Hi Guys,

As you can clearly see in the chart, Brent is entering into the resistance area and also retraced 61.8 percent. it might fall from here after consolidating for some time. wait till it comes out from the area and short when it comes back to retest.

good Risk reward from here in the downside.

Not a financial advice.


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