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"Brent Oil kissed 90 and got slapped back to 88. That rejection is the real story." 🛢️💥
BZ ran to 90.05, then dumped to 85.90. Now it's bouncing to 88, but the rejection at 90 is fresh — and 88.50 is already acting as resistance. Volume on the bounce is thin, and the trend is still down. This is a dead cat bounce, not a reversal.
My short trade:
Entry: 88.02
SL: 89.20
Targets: 86.50 / 85.00
Oil rejected the ceiling. I'm shorting the retest.
#BZ $BZ