BRENT CRUDE OIL - Brent (ICE) (X4) Intraday: under pressure - 10/01/2014 (GMT)
- 293
- 0
- Chart + Price target(s)
- Target : Lower
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- Target 1 : 94,2
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- Target 2 : 92,9
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- Invalidation threshold : 96,25
- Timeframe : 30 min.
BRENT CRUDE OIL Chart
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Our preference: Short positions below 96.25 with targets @ 94.2 & 92.9 in extension.
Alternative scenario: Above 96.25 look for further upside with 97.7 & 98.5 as targets.
Comment: As long as the resistance at 96.25 is not surpassed, the risk of the break below 94.2 remains high.
Alternative scenario: Above 96.25 look for further upside with 97.7 & 98.5 as targets.
Comment: As long as the resistance at 96.25 is not surpassed, the risk of the break below 94.2 remains high.
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