Contributors Technical Analysis Brent Oil Setting Up For Another Momentum

Brent Oil Setting Up For Another Momentum

Brent moves in range on the short term, right below the 53.03 static resistance, remains to see if this will be an accumulation or a distribution movement. A minor drop was expected after the failure to close above the 53.03 level. Is trading within a minor ascending channel, so he could come to retest the downside lie of this pattern before will decide where to go.

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