Brent Intraday Signal: Watch 111.90
The Brent Intraday Signal reflects constructive price action as the market finds intraday support around 111.90. Momentum conditions are mixed, calling for cautious positioning, but the structure remains supportive as long as price holds above the pivot. Buyers retain short-term control while 111.90 acts as a base.
Immediate resistance is located at 114.15. A sustained move above this level would confirm renewed buying interest and likely extend the advance toward the upside objective at 115.20. Holding above the pivot reinforces the constructive intraday configuration despite mixed technical signals.
Trade Setup:
Enter: Long above 111.90
Stop-Loss (SL): 110.00
Target A: 114.15
Target B: 115.20