Brent Bullish Outlook

30 thg 7, 2015

Waiting for price to bounce off of current trend line and rally up to 618 fibonacci level. Risk set just below recent support levels, with great R/R ratio. If 618 level is broken [possible re-rally at 618 level due to a few support levels just below $54 mark.] we could see a rally up to previous resistance levels at 54.60.

Great potential BUY opportunity if we see a strong bounce off of current trend.