Quotes of oil brand BRENT worked goal on forex reversal patterns on the head and shoulders shorter periods of time. However, at the moment there is a potential for the stock price rises above the level of 55 dollars per barrel in the framework of the completion of a larger model, where we can expect an attempt to continue the oil fall to below the level of 52 dollars per barrel.
Analysis and forecast of oil prices BRENT on December 8, 2016
Also do not forget about the descending pattern Wolfe waves in order to reduce the area below 47 dollars per barrel. Cancellation option will be a strong growth of quotations and sample region 56 dollars per barrel, which will point to a continuation of an upward trend. BRENT accelerated decline should be expected with a breakdown of the dollar 53 per barrel level.
Analysis and forecast of oil prices BRENT on December 8, 2016 assumes the growth of an attempt to 55, where an attempt is expected to fall within the mining forex reversal patterns in order to reduce the level of 52.
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