Brent Crude Oil Technical Analysis – Daily Timeframe
In the daily time frame, as long as prices remain above the 75.18 area, there is a potential increase to higher levels of 82.43 and 84.99. If prices drop to 75.8, confirmation can be used to enter buy positions aiming for higher targets.
Technical Analysis of Brent Crude Oil – 4-Hour Timeframe
In the 4-hour time frame, after hitting the higher time frame supply zone, Brent Oil has corrected, and we expect a price drop to the 75.18 level. If this support level is lost, the next range will be 73.61 and 71.72, which are valuable for entering buy trades.
Technical Analysis of Brent Crude Oil – 15-Minute Timeframe
In the 15-minute time frame, after encountering the supply zone, a bearish phase has begun, with a potential price drop to the 75.74 level, where buy positions can be initiated.