As we can see a price is making higher high lower low
So basically this time price will come and retest the trend line if it get support from that trend line price will likely to go and make a new high
However we can't completely avoid the last monthly candle according to FIBONACCI The price has already retraced 100 percentange
And from past two days Brent oil had picked up the face
So today would be a important session. And if price break the trend line it will be a very good opportunity for a short side trade
So basically this time price will come and retest the trend line if it get support from that trend line price will likely to go and make a new high
However we can't completely avoid the last monthly candle according to FIBONACCI The price has already retraced 100 percentange
And from past two days Brent oil had picked up the face
So today would be a important session. And if price break the trend line it will be a very good opportunity for a short side trade
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