• Brent rising inside impulse wave C
• Likely to rise to 50.00
Brent continues to rise inside the sharp upward impulse wave C, which previously broke the powerful resistance level 46.60 (monthly high from August) and the resistance trendline of the daily up channel from April.
The breakout of the resistance level 46.60 continues the multi-month uptrend inside which Brent has been moving from April.
Brent is likely to rise further toward the next round resistance level 50.00 (target price calculated for the completion of the active impulse wave 3).
CHFJPY: ⬇️ Sell - CHFJPY reversed from resistance zone - Likely to fall to support level…
WTI Crude Oil: ⬇️ Sell - WTI Crude Oil rising inside minor impulse wave (1) -…
Costco: ⬆️ Buy - Costco rising inside minor impulse wave (1) - Likely to reach resistance…
Chevron: ⬆️ Buy - Chevron broke strong resistance level 165.00 - Likely to rise to resistance…
Tech sell-off and high Q4 forecasts put the S&P 500 at risk; the Russell 2000…
Donald Trump has no intention of dismissing Jerome Powell. The White House's decision to postpone…
This website uses cookies