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Brent crude reversal back to high 41's? / British pound update
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Mr Enigma
Posted 1/6/2016 16:47 (#5016192)
Subject: Brent crude reversal back to high 41's? / British pound update


Brent crude has pushed down into a reversal zone hitting the top end @ 3473 but hasn't quit hit the 3363 lower band which it may very well do tomorrow as this is a very tight compact PRZ…. Position currently long 3473 and will add to positions on a any drop back towards the 3363 area… targets #1 on the upside come in at 41.72 # 2 @ 44.06

Current position ( long)

WTI crude has yet to complete the downward push as
The 30.10 area may be challenged allowing the spread between Brent and WTI to widen….


British pound : update currently long and (-$420) prices must not break 14564 for this pattern to stay valid
[email protected] try to post a chart later tomorrow…

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