Brent Crude Oil meets serious resistance (If)
In 3-5 trading days (from march 19th - 23rd) Brent Crude could face these resistances at around $56.70:
1. All-time bottom trend line (thick bottom red)
2. Fibonacci time resistance
3. Fork upperband
It will then also form the second of a three-wave downward pushe/movement.
If it gets there I'll definitly be looking to short it from that spot.
1. All-time bottom trend line (thick bottom red)
2. Fibonacci time resistance
3. Fork upperband
It will then also form the second of a three-wave downward pushe/movement.
If it gets there I'll definitly be looking to short it from that spot.
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