Brent Crude OilLong
Brent (ICE) (G4) Intraday May rise 1.69 %
Pivot: 81.90
Our preference:
long positions above 81.90 with targets at 83.35 & 84.05 in extension.
Alternative scenario:
below 81.90 look for further downside with 81.25 & 80.70 as targets.
Comment:
the RSI is mixed with a bullish bias.
Our preference:
long positions above 81.90 with targets at 83.35 & 84.05 in extension.
Alternative scenario:
below 81.90 look for further downside with 81.25 & 80.70 as targets.
Comment:
the RSI is mixed with a bullish bias.
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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.
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.