Bulletproof Traders in-house trading activities presents one our recent trade execution on the Brent OIL. Targeting the short term cycle, we believe the black gold is heading north, towards the key level resistance at $33.57 and even beyond that point towards the previous highs area around the levels of $35.50.
Initialy, we pulled the trigger the first time early this week when price was still outside of the key-level system and below $21.76. The huge pullback spike from last week and the bearish gap at the beginning of this week were our trigger to jump in.