Analysis and Forecast of oil prices BRENT on September 13, 2016


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Quotes BRENT crude oil continues to move in the formation of reversal pattern Forex double top. However, to confirm the quotes to continue falling and the price of oil will break down the field 46 dollars per barrel. Cancellation option will be a strong growth BRENT above the level of 52 dollars per barrel, which indicates a continued growth of quotations.

Analysis and Forecast of oil prices BRENT on September 13, 2016

Analysis and Forecast of oil prices BRENT on September 13, 2016

An additional signal for the continuation of oil will fall forming a reversal pattern Head and shoulders, to see the development of this important correction to above the level of 49 dollars, and continued fall in this case you should try to sell oil with a close stop.

Analysis and Forecast of oil prices BRENT on September 13, 2016 suggests an attempt to continue falling and mining reversal pattern with the target in the area below 42 dollars per barrel.


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