Brent (ICE) (J1) Intraday: turning down.

UKOil

Trading Central 2021-02-22 16:35:06

Pivot: 64.00

Our preference: short positions below 64.00 with targets at 63.00 & 62.50 in extension.

Alternative scenario: above 64.00 look for further upside with 64.40 & 64.80 as targets.

Comment: as long as the resistance at 64.00 is not surpassed, the risk of the break below 63.00 remains high.

Supports and resistances:

64.80

64.40

64.00

63.42 Last

63.00

62.50

62.10

Disclaimer

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