Brent Crude Oil Analysis 25/08/2017
Updated
The price may bounce back from the 52.70 resistance level and short positions will be favorable, if the price will break steeper trend line also than short positions get a double confirmation. However we have to notify that the event occurring in the Mexican Gulf related to Hurricane Harvey can override the predicted movement of this analysis.
Note
As it was performed by the market perfectly, the price bounced back form the 72.70 resistance level and broke below the trend line, which turn Brent Crude to a downward trend until it reaches the the less steeper trend line.Note
New Analysis is up you can find it via: 
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.