Brent Oil trading within the Apex we are soon to
get a breakout or breakdown .
As detailed on the chart we can see that the .75 Fib has been
a Strong support for Brent since December 2020 and is still respected .
With that said we have a measured move of around 15 percent for this to extend
its uptrend into the 80 dollar zone or retreat back to the 56 Dollar level where we can expect support to hold .
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Know your Invalidation and Trade With a Plan .
PLEASE NOTE THIS PERSPECTICE IS BASED UPON TECHNICAL ANALYSIS ONLY
I DO NOT FOLLOW ANY GEO POLITICS THAT OF COURSE CAN EFFECT THE OUTCOME
SHOW ME THE CHART AND I WILL TELL YOU THE NEWS IS HOW I WORK