Brent neutral

Brent: a break before continuing growth

03 November 2021 358
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After rapid growth in the third decade of August, now Brent oil is being traded within boundaries of a rectangle defined by 83-86. Usually a rectangle is a pattern signalling continuation of a trend, so it’s possible to anticipate resumption of Brent’s growth soon.

This content is for informational purposes only and is not intended to be investing advice.

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