Brent (ICE) (F4) Intraday May fall -2.72 %
Pivot: 81.80
Our preference:
short positions below 81.80 with targets at 79.50 & 78.30 in extension.
Alternative scenario:
above 81.80 look for further upside with 82.40 & 83.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Our preference:
short positions below 81.80 with targets at 79.50 & 78.30 in extension.
Alternative scenario:
above 81.80 look for further upside with 82.40 & 83.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
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