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Brent (ICE) (N5) Intraday: the downside prevails.

Trading Central 2025-04-29 19:21:05
英国原油(UKOil)

Short positions below 64.30 with targets at 63.00 & 62.30 in extension.

Pivot: 64.30

Our preference: short positions below 64.30 with targets at 63.00 & 62.30 in extension.

Alternative scenario: above 64.30 look for further upside with 64.85 & 65.35 as targets.

Comment: the break below 64.30 is a negative signal that has opened a path to 63.00.

Supports and resistances:

65.35

64.85

64.30

63.66 Last

63.00

62.30

61.55