Brent crude oil: bearish engulfing candle at MA resistance Short

BRENT CRUDE OILTVC

Opis

⋅ 1 sie 2018 08:48

A bearish engulfing daily candlestick has confirmed the 20/50 DMA resistance zone

Scenario A) Wait for rebound up towards 74.50 and move off oversold conditions on 4hr chart
Scenario B) Follow 4hr trend lower as price breaks below 73

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