$80 Resistance on Brent Crude Oil
This commodity is featuring for the first time on our TradingView blogs.
Current setup: Price has been in a bull trend since last year. Most recently, price broke out of consolidation in April and trended well to $80.
Conclusion: Price is struggling to break through $80. We will be standing aside until a break and close above $80 to add more long trades.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!