Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Brent crude- Wait for the bounce! Resistance Confluence
Brent Crude Oil
Short
Brent crude- Wait for the bounce! Resistance Confluence
By jasperlawler
Follow
Follow
Updated
Dec 4, 2023
3
Nov 21, 2023
Brent crude oil looks to have made the 1st leg lower in a new long term downtrend
Trade: Wait for bounce from recent thrust lower to cluster of resistance to go short
Dec 4, 2023
Note
Looks like sellers came in earlier at 84.50 R.
Might still get a rally up to broken trendline but maybe entry too conservative
BCOUSD
brent
brentoil
Oil
Support and Resistance
Triangle
jasperlawler
Follow
Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Key To Markets
keytomarkets.com/
Also on:
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
.