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TimakaFx

BCOUSD COFIRMED LOWER HIGHS, UPTRENDLINE BREAK, BEARS ON THE RUN

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Brent Crude Oil (OANDA:BCOUSD)  
TimakaFx  
OANDA:BCOUSD   Brent Crude Oil
Trend Analysis Chart Patterns Fundamental Analysis timakafx brentcrude Crude Oil BCOUSD brentcrudeoilshort usoilshort Crude Oil WTI
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trendanalysis chartpattern fundamental timakafx brentcrude crudeoil bcousd brentcrudeoilshort usoilshort usoil
Brent crude has recently made four lower highs on the daily timeframe following the ongoing spark between the US admin and OPEC
Technically I am anticipating price to hit lower lows especially since bears have been able to break the previous major lows around 68.106 in addition to previous break of the trendline to the lower side earlier this week and a break below a double top structure.
Find conservative sells between 68.30 and 68.60 with major targets around the 61.00.
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