Inverse Head and Shoulders in BrentOn 60 min time frame, there is an inverse head and shoulders pattern that has formed in Brent oil. Use dips till 56 and stop loss at 55 for a move to 60.
BRENT trade ideas
#BRENT #CRUDEOIL - Breaking out of the Down Channel .. $BCOUSD After a clear Impulsive down move, Brent is breaking out of the channel and looks set to retrace a bit and bounce till 60-65 zone.
Long One can look for buy set up and this will likely make up to 78 and then it will take decision of pause or reverse
Look to book using trailing exit method
Crude Oil Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 15 to 20 times.
