Don't miss the great sell opportunity in Brent Short

Brent OilCurrency.com

Description

⋅ Jun 25, 2020 4:57 PM

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (42.80). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. Brent is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.

Take Profits:
TP1= @ 39.70
TP2= @ 38.65
TP3= @ 37.10
TP4= @ 34.10
TP5= @ 32.30

SL: Break Above R3

❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated! ❤️

💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️

Comments

Shiva_forex

⋅ Jun 25, 2020 6:11 PM

@ForecastCity always enjoy your posts. You are one of my favorite analysts!

ForecastCity

⋅ Jun 25, 2020 6:22 PM

@Shiva_forex, Thank you.

Mehmetozdemi

⋅ Jun 25, 2020 6:08 PM

It will go up soon! toward the MARS!

;-)

ForecastCity

⋅ Jun 25, 2020 6:19 PM

@Mehmetozdemi, :) Thanks for sharing your feedback.

Best_Forecast

⋅ Jun 25, 2020 5:20 PM

Excellent forecast.

I got huge profits from your forecasts.

Thanks for sharing this great idea

ForecastCity

⋅ Jun 25, 2020 6:21 PM

@Alexander_007, That's great to hear. Thank you as well for your kind words,