๐BRENT 09/08/2022: recovery attemptโ๏ธ
๐Priority direction: Up.
๐Description: After the downward movement since the end of July, the range of which is $16, there is a possibility of recovery and a possible local reversal. The price is at interesting support levels, and the volumes confirm the potential for a likely upward reversal. Buying from the current ones is not a good idea. Longs can be looked at at the level of $97, based on the results of fixing the price at the specified value. The target is located at the level of $98-$100. After such a development of events (as close as possible to this one), we can say that oil locally turned up.
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๐Description: After the downward movement since the end of July, the range of which is $16, there is a possibility of recovery and a possible local reversal. The price is at interesting support levels, and the volumes confirm the potential for a likely upward reversal. Buying from the current ones is not a good idea. Longs can be looked at at the level of $97, based on the results of fixing the price at the specified value. The target is located at the level of $98-$100. After such a development of events (as close as possible to this one), we can say that oil locally turned up.
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Thank you for your support, subscribe and share your ideas here๐
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