Analysis and forecast of oil prices BRENT on November 14, 2016


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Quotes BRENT crude oil continues to move in the downward forex model 1:1 in order to fall below the level of 43 dollars per barrel. At the moment, we can expect an attempt to increase prices of oil in the area of the upper border, where again you can try to sell with a close stop.

Analysis and forecast of oil prices BRENT on November 14, 2016

Analysis and forecast of oil prices BRENT on November 14, 2016

Cancellation option will be the fall of the strong growth of quotations of oil above the level of 47 dollars per barrel, which will point to the continuation of upward correction in oil. We hold oil sales and increase the amount of short positions by decreasing development.

Analysis and forecast of oil prices BRENT on November 14, 2016 suggests an attempt to continue the reduction in the framework of working out a bearish pattern 1:1 with a view to below 43 dollars per barrel.

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