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Brent crude oil broke resistance level 86.70 Likely to rise to resistance level 90.00 Brent crude oil recently broke the resistance level 86.70, which reversed the price with the daily Evening Star in March. The breakout of the resistance level 86.70 was preceded by the breakout of the resistance trendline of the daily up channel […]

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Brent Crude Oil Wave Analysis

Brent crude oil reversed from key support level 81.00 Likely to test resistance level 84.00 Brent crude oil recently reversed up from the key support level 81.00 (which has been reversing the price from the start of February) intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from […]