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BRENT OIL IS READY FOR A SHORT TRADE

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Brent Crude Oil (OANDA:BCOUSD)  
Forex48_TradingAcademy  
OANDA:BCOUSD   Brent Crude Oil
Trend Analysis Fundamental Analysis Chart Patterns short brentoil priceaction Supply Zone signals Commodities copytrading
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trendanalysis fundamental chartpattern short brentoil priceaction supplyzone signals commodities copytrading
Oil is showing a bearish trend with a price that has bounced three times on a downtrend line. Currently, it is in a demand zone, which is a small market support. The outlook shows a bearish triangle pattern, with the price potentially breaking downwards before bouncing back up prior to a short position with a target of 72.56.

What is your opinion?

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Nicola CEO
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