Brent Oil Futures (BR1!) Time to Fall

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Futuros de petróleo Brent (MOEX:BR1!)

MOEX:BR1! Futuros de petróleo Brent

Trend Analysis Chart Patterns Technical Indicators Oil futures brent WTI Crude Oil Brent Crude Oil Futures WTI (CL1!) brentoil Crude Oil Crude Oil WTI

trendanalysis chartpattern indicator oil futures brent wti ukoil cl1! brentoil crudeoil usoil

snapshot

Brent oil finally reached a major strong weekly resistance.

On that, the price has formed a h&s formation and just broke below its neckline.

Taking into consideration the overbought market, chances are high that the price will go much lower.

Goals - 53.15 / 51.0

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