Trading Plan for Brent Crude

Brent Crude
#BRN

The trend is upward. The asset is trading within the range of the 365 and 135 EMA. A descending truncated wave structure has completed with a breakout of the descending channel. The Awesome Oscillator shows a bullish divergence. A breakout above 65.11 will signal the formation of an upward structure.

Trading Idea:
Buy on the breakout of 65.11.
Stop Loss – 63.97.
Target levels – 66.20; 66.80.