UKoil selling the bounces favoured

アップデート済
on a short term (4H) chart, the Brent is in a rising wedge which is a bearish pattern. The longer term trend is still downward and I see no reason for the path of least resistance to change.

ノート
The daily pattern still looks very much corrective

スナップショット
ノート
Finally here is the weekly view. Price could still retest the top of the daily wedge near 60 but any bounce remains a short opportunity to target a final lower low.

スナップショット
brentChart PatternsTrend AnalysisCrude Oil BrentWave Analysis

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