Brent Crude ⛽️Oil⛽️ Analyze!!!

Brent Crude ⛽️Oil⛽️ has passed the main wave W by Zigzag structure (5-3-5). Oil could finish Expanding Flat (3-3-5) or Main wave X at 138.03$. Of course, the War can change my Scenario, but I don't expect Oil to break 177$.

I expect the Brent Crude Oil to go DOWN at least to the upper line of Descending Channe & Support Zone.

Brent Crude Oil Analyze (USDBRO) Timeframe Monthly (Log Scale)

🔴Resistance Zones🔴 & 🟢Support Zone🟢 that we have in front of Brent Crude ⛽️Oil⛽️.

🔴Resistance Zone🔴: 147$ until 135$

🔴Resistance Zone🔴: 178$ until 159$

🟢Support Zone🟢: 88.6$ until 83.3$

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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