Damn this is tough one. For the two weeks Brent has been trading around 45$ with little to no action at all. But looking on the daily we see it bouncing on the 20EMA every time, but now it’s trapped between the 20 and 200. The arrows mark every leg up that has occured after the 20EMA touch but the 200EMA is a showstopper. We had some positie news from Opec two days ago but that didnt move the price one bit. I’m sticking my head out and calling it Long due the wick after the last touch on 20. But heck, this is more a bigger 50/50 move coming up very soon...