Alexander_Nikitin

Brent analysis

Short
Alexander_Nikitin Updated   
OANDA:BCOUSD   Brent Crude Oil
39.285 is the most recent support. Price bounced twice from this level but failed to install a new high. Now price is approaching the level again. If priceaction installs a trend bar through the level + follow through bar then we should expect the move towards older support. Also this analysis lines up with the flag pattern analysis. Good luck.
Trade closed: target reached

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