Analysis and forecast of oil prices BRENT on September 1, 2016


Quotes BRENT crude oil failed to break the model down triangle, but a strong drop in prices of the pair we have not seen. Currently retained the potential for growth of quotations attempts and oil prices due to the formation of bullish wave pattern Wolfe on the indicator of relative strength.

Analysis and forecast of oil prices BRENT on September 1, 2016

Analysis and forecast of oil prices BRENT on September 1, 2016

But do not rule out an attempt to fall BRENT crude oil quotations to 47 dollars per barrel, where you can try to buy with tight stop loss, in case of continuation BRENT quotations fall below $ 46 per barrel, it is necessary to move to the option with the continuation of falling of quotations in the area below the level of 40 dollars.

Analysis and forecast of oil prices BRENT on September 1, 2016 assumes the test area 47 dollars, where there is a potential for the beginning of growth within the mining bullish wave pattern Wolfe on the indicator of relative strength.


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