HERE'S WHY BRENT CRUDE STILL HAS UPSIDE POTENTIAL

Hi traders, you may already be aware of our long position in Brent crude (check on our profile), and this is a quick update of how things are looking now.

The double bottom pattern confirmed with a bullish RSI divergence is working out quite well so far. Especially yesterday and today, as the US CPI came in lower than expected, did Brent crude make significant progress to the upside.

We're still holding our long and will notify you when we close it or when it reaches our TP.

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