Brent (ICE) Intraday Signal: Further Advance Above 70.50
Analyses:
Brent crude continues its bullish trajectory while holding above the key pivot level at 70.50. The RSI supports further upside, confirming strength in momentum. As long as price remains above 70.50, the path is open toward 72.70 and 74.05. A drop below 70.50 would shift the focus to 69.80 and 68.90 as downside targets.
Enter: 71.00
SL: 69.80
Target A: 72.70
Target B: 74.05
🟢 Signal Result – Brent Crude Oil (ICE)
🎯 Target A reached at 72.70, delivering a +170 pips profit from the entry at 71.00.
The trade was fully closed at Target A due to increased risk beyond this level.
⚠️ No further position was held toward Target B (74.05) in line with conservative risk management.
We’ll keep monitoring Brent for the next structured bullish opportunity.