Brent Crude Oil Prices for April, 2024:
Brent Crude Oil Prices for April, 2024:
$89.019, $88.024, $88.459 will be the next low.
$90.956, $90.585 follow by, $91.109 = New support
$91.279
$91.467
$91.850
Execution Price =
$91.70
$91.850
$92.255
$92.553
Distribution Price = $93.662
Expect a big drop as if you switch to 1D timeframe the distribution price, $93.662 will create a bearish Neck & Shoulder Pattern! And this will drop the price to $85.848 area! (2) Reason, incorrect move took a place during March, 2024!
$89.019, $88.024, $88.459 will be the next low.
$90.956, $90.585 follow by, $91.109 = New support
$91.279
$91.467
$91.850
Execution Price =
$91.70
$91.850
$92.255
$92.553
Distribution Price = $93.662
Expect a big drop as if you switch to 1D timeframe the distribution price, $93.662 will create a bearish Neck & Shoulder Pattern! And this will drop the price to $85.848 area! (2) Reason, incorrect move took a place during March, 2024!
$91.696
$92.118
$92.631
$92.756
$92.934
$92.836
$93.491
$94.570
$94.775
$95.360
$95.995
$96.055
$96.319
$96.714
Distribution Price = $96.774, $96.767, $97.042