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29.10. 12:18_Signal UPDATE Brent Oil Short from 26.10. 10:02_TAKE PROFIT

SIGNAL TERMINATED – BRENT OIL SHORT – TAKE PROFIT

ORIGINAL TEXT: Brent Oil Short. Brent oil futures traded in London are heading downwards, a direction previously announced by Capital Analysis. Technically, the market stays in the trading range of 39 to 46 USD per barrel. The current fundamental situation plays into the cards of short traders. The logical effects of Covid-19 on reducing demand and consumption are a fact.

Graph source: WebTrader

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