Well if talk of the young dancing girls of the Amsterdam red...

Well if talk of the young dancing girls of the Amsterdam red light district can’t tempt @piotrvip out then I suspect nothing will, so I’ll just keep making up TA until he comes and corrects me and does it proper.

I started this thread with a potential bullish setup which withered and died, but this one looks stronger and we’ll know well before the end of the month:



Will do Brent chart tomoz, but it is a very bullish setup right now. Give it 1-2 weeks max at this level (getting stuck around my 23.5% Fib) but it’s going to snap big time - seasonal demand traditionally re-emerges around now, Trump has to sign a renewal of the Obama Iranian deal mid-May, like that’s going to happen and Venezuela production is collapsing - it’s all coming to a head and Brent is going to break previous highs just as the A$ is breaking down...perfect timing for BRU, I’ll bet we get A$100/b if not on the first boat, then the next one.
Happy Friday night, gentlemen