Brent Oil powers up despite doom and gloom

Brent Oil has surged $4 in less than 2 days putting our long trade well into profit and enabling us to adjust our stop to prevent losses.

The next hurdle for Brent cure oil is on an unconfirmed trend line – currently around $85.

A good stab at this leaves $90 in reaching distance but if it begins to misbehave we might leave this trade earlier.

Brent November 23 2021 — Brent Oil Chart November 23 2021

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Brent Oil powers up despite doom and gloom

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