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RudiMarin

UKoil selling the bounces favoured

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CFD pada Minyak Mentah Brent (TVC:UKOIL)  
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TVC:UKOIL   CFD pada Minyak Mentah Brent
Trend Analysis Chart Patterns Wave Analysis Crude Oil Brent brent
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trendanalysis chartpattern waveanalysis ukoil brent
on a short term (4H) chart, the Brent is in a rising wedge which is a bearish pattern. The longer term trend is still downward and I see no reason for the path of least resistance to change.

Komentar:
The daily pattern still looks very much corrective

snapshot
Komentar:
Finally here is the weekly view. Price could still retest the top of the daily wedge near 60 but any bounce remains a short opportunity to target a final lower low.

snapshot
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