Technical analysis for trading/investing
Technical analysis for trading/investing
Brent Crude Oil | Commodities | Trend notes for 2021
The price is within 3rd bullish wave on the weekly and the daily chart. The 1st target of the 3rd bullish daily wave is at the 1.272 FIB around 60.30, the second target is at 1.618 FIB around 67.70.
If the price pullback toward the support zone between 47.00 – 46.60 we should watch it for rejection and resumption of the bullish weekly, daily trend!
Monthly chart:
Weekly chart:
Daily chart:
The price broke above the range between 34.35 – 43.75 and above resistance zone, above…
technical analysis for 7 – 13 February 2021. The price broke above 3 weeks range…
Looking at the monthly chart, we can see that the price broke above ascending triangle…
Subscribe to our newsletter and get all new technical analysis, in your mailbox!
Subscribe to our newsletter and get all new technical analysis, in your mailbox!
Confirmation email was send to your email address. Please confirm your email to receive Technical analysis in your inbox.
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |