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Brent over 70 by April\May '18
CFDs on Brent Crude Oil
Brent over 70 by April\May '18
By AlbCM
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Updated
Jan 4, 2018
3
Dec 23, 2017
Brent is heading lower till Feb 2-5 and then 74-76 by either April or May.
Jan 4, 2018
Trade active
hits the upper bound perfectly at 68.25 right on time. Now is seen below 64 by Feb
Jan 12, 2018
Trade active
64 by Feb is still valid
Feb 8, 2018
Trade active
approaching 64. Everything is intact.
Feb 9, 2018
Trade active
hits support line (red line) 64.09 perfectly. If it doesn't break below, then 75 by April.
Feb 24, 2018
Trade active
low point hit on Feb 9 (expected on Feb 5), next target is 76 by April 10.
Mar 23, 2018
Trade active
getting closer to the target
Apr 10, 2018
Trade active
76 by May 9 as per the second scenario
May 7, 2018
Trade closed: target reached
Brent hits upper blue line at 76.12. Target reached with high precision.
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