can Brent break it's long term distribution cycle?
Updated
Expecting to create accumulation cycle and is going to break up to weekly distribution trend
on the bottom side weekly trend was hit and held. Long term daily downtrend is distributing. Now weekly uptrend is held and trying to create long term accumulation cycle. Long term target might be 91. But we might once again retest 77 price level which 85 level can hold this down short term.
on the bottom side weekly trend was hit and held. Long term daily downtrend is distributing. Now weekly uptrend is held and trying to create long term accumulation cycle. Long term target might be 91. But we might once again retest 77 price level which 85 level can hold this down short term.
Note
trying to crate a cycle down not even reached it's target
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