CRUDE BRENT, it's time to take a breath and consolidate
In the last session the Crude Brent has risen a lot, along with WTI,
arriving on one of the multiday pivot.
Monday I expect some weakness to download the indicators that are in overbought.
The holding of S1 = 48.81 will indicate that there is still strength and that the raise may
continue to the resistance ats R1 = 49.23
BRENT CBU17 - Sep '17
CROC X1 - Supports / Resistance - Multiday (TF - 1H)
R3 = 50.36
R2 = 49.98
R1 = 49.23
PIVOT = 49.02
S1 = 48.81
S2 = 47.95
S3 = 45.18
arriving on one of the multiday pivot.
Monday I expect some weakness to download the indicators that are in overbought.
The holding of S1 = 48.81 will indicate that there is still strength and that the raise may
continue to the resistance ats R1 = 49.23
BRENT CBU17 - Sep '17
CROC X1 - Supports / Resistance - Multiday (TF - 1H)
R3 = 50.36
R2 = 49.98
R1 = 49.23
PIVOT = 49.02
S1 = 48.81
S2 = 47.95
S3 = 45.18