SIGNAL TERMINATION – BRENT OIL LONG – TAKE PROFIT
Analysts are now concluding a long analysis of Brent crude oil with more than a 20% recovery relative to the margin used.
ORIGINAL TEXT: Brent Oil Long. London-traded Brent Oil rebounded from a supportive level of $ 40 a barrel. Given the current market approach to inventory statistics and expectations of low increases, the price may test for resistance at $ 46 per barrel by the end of next week. The current long analysis may be averaging for some.
Chart source: WebTrader