Brent Crude Oil Back at Support
BRENT CRUDE OIL TVC:UKOIL
Last post: May 30th. See chart.
Review: Price was bouncing off support and heading back towards $80.
Update: Bullish strength was short-lived and the bears have taken price back to support.
Conclusion: We want to see support hold strong again and for price to break through $80 and then trend through to $100. Patience needed.
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