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aibek

Brent Crude Oil. Head & Shoulders. Target 52.30

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U.S. DOLLAR / BRENT CRUDE OIL (FX_IDC:USDBRO)  
aibek  
FX_IDC:USDBRO   U.S. DOLLAR / BRENT CRUDE OIL
Chart Patterns crude Oil brent Brent (Crude Oil Futures) CB1! Crude Oil Crude Oil Brent
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chartpattern crude oil brent br1! cb1! usdbro ukoil
There is a chance that we have a Head And Shoulders Pattern shaping on the chart of Brent Crude Oil.
Breakdown of the Neckline needed to succeed to the target at 52.30. (The height of the Head subtracted from the Neckline).
This idea accords with my ealrier 4-hour chart idea of the downside in the Brent (see related)

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aibek
Brent Crude Oil. All the way down?
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