UK Brent Oil 4H : try to rise up
UK BRENT OIL
New forecast
The price perfectly fulfills my last idea and price reached to our target +144 pip .
The price of Brent crude oil contracts achieved a strong breach to the level of 88.36 to reach the pivotal resistance level of 89.52 now, stopping the negative scenario and heading towards returning to the main bullish trend, noting that breaching the aforementioned resistance will push the price to achieve further gains that reach 91.01 and then 92.52.
Therefore, we expect to witness more upward bias during the coming sessions unless the 88.36 level is broken and holds below it.
The expected trading range for today is between support 88.36 and resistance 89.52 until breaching one of them .
Additionally ,Today News will affect the market .
Be careful because of the war between Palestine and Israel, we may witness unexpected movements .
support line : 88.36 , 86.93
resistance line : 89.52 , 91.01
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and price reached to our target +144 pip .
The price of Brent crude oil contracts achieved a strong breach to the level of 88.36 to reach the pivotal resistance level of 89.52 now, stopping the negative scenario and heading towards returning to the main bullish trend, noting that breaching the aforementioned resistance will push the price to achieve further gains that reach 91.01 and then 92.52.
Therefore, we expect to witness more upward bias during the coming sessions unless the 88.36 level is broken and holds below it.
The expected trading range for today is between support 88.36 and resistance 89.52 until breaching one of them .
Additionally ,Today News will affect the market .
Be careful because of the war between Palestine and Israel, we may witness unexpected movements .
support line : 88.36 , 86.93
resistance line : 89.52 , 91.01
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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