MAJOR SPECULATION - Long Term BRENT Down?

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  • MAJOR SPECULATION - Long Term BRENT Down?

It's still very early days, Possibly a long term wedge on DAILY.

Suggesting BRENT most likely will reach $75 before reversing.

RSI showing some strong divergences.

And long term should come back to $40 per barrel. Which would be after the Post Pandemic Rush. But this target could edge up as Brent edges up and reaches 80. 


Something to track over time. 

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  • 15 Jun 21
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Oil

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