Brent Crude Oil at a crossroads?
Brent Crude Oil Weekly chart |
Brent Crude Oil has been in a uptrend since reaching a bottom in late Apr 2020 at $17+. It peaked in early Mar 22 at $135+ and has then been making lower high and lower low. It broke below the neckline of a potential double tops reversal pattern and is currently testing its uptrend line. Will it rebound or breakdown?
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