Strength on Brent Crude Oil
BRENT CRUDE OIL TVC:UKOIL
Last post: May 27th. See chart.
Review: Price is in a bull trend but was pulling back after finding resistance at $80.
Update: Price has found support at a pivot level and we have seen strong bullish action today.
Conclusion: A potential bull flag is possible but need a break and close above $80 and the May pivot high to confirm that.
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