FinancialMarkets Brent Crude Oil Technical Analysis - 19 June 2024
Crude Oil hits our Target Price at $85, giving my clients a nice $5 catch on brent crude oil so far.
Crude Oil hits our Target Price at $85, giving my clients a nice $5 catch on brent crude oil so far.
💰💰 *Congratulations to* my clients who followed my Short Term and Medium Term forecasts and Traded the BUY on brent oil.
*Thank You for your confidence in me and my work*. 🙏
Here's a preview of what we are looking for in oil going forward:
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*SHORT Case*
· · Brent approaches another critical level around $86, where we could see some sort of pull back.
· · Short selling crude oil seems like a very high risk strategy at the moment, we become more cautious with short selling.
*LONG Case*
· · Brent continues it’s upward movement as per our forecast.
· · We are looking to see if there is a pull back around $86, which might be a good opportunity to buy oil again
· · Overall we’re expecting Brent to head towards the $96-$100 price levels.
✅*Go Ahead and Join my Monthly Subscription and get my market forecasts with key levels, price targets, and statistics for short term and long term oil trading -Reply back to discuss more*. ☎️
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