Bullish bias on Brent Crude

23 thg 8

There was a 2H Demand at price 76.00 since the market was on a downtrend with multiple breaks of a swing low, I was cautious in immediately bidding at 76.00 I waited for that demand to be valid and then the 1H supply to be invalidated to give me more bias to go long on Brent Crude, a Break of structure occurred price moved up till 78.62 and the previous supply was now acting as a potential Bullish breaker. I'm anticipating a retracement back to77.90 and then bulls till the previous tested 2h supply at 81.73 as my target