(U2) Doji Reversal Signal?

• RES 4: $118.12 - High Jun 17
• RES 3: $116.24 - High Jun 29 and a key resistance
• RES 2: $107.86/114.75 - 50-day EMA / High Jul 5
• RES 1: $101.21/107.70 High Jul 13 / 8
• PRICE: $100.09 @ 05:40 BST Jul 15
• SUP 1: $94.15 - Low Jul 14
• SUP 2: $90.33 - Low Mar 17
• SUP 3: $89.60 - Low Mar 15 and a key support
• SUP 4: $86.74 - Low Feb 25

Brent futures traded lower Thursday to confirm a resumption of the current downtrend. Price however recovered for the session low to close near the top of the day’s range. In pattern terms, yesterday is a long legged doji candle pattern and this highlights the possibility of a short-term corrective reversal. Gains would open the $105.00 handle. A resumption of weakness and a break of $94.15, yesterday’s low, would resume the downtrend.