BRENT oil price forecast on January 3, 2017


Quotes BRENT crude oil continues moving inside the descending pattern forex Wolfe waves with a potential target of the fall in the area below 53 dollars per barrel.

BRENT oil price forecast on January 3, 2017

BRENT oil price forecast on January 3, 2017

Cancellation option of lower oil prices will be a strong increase in oil quotes above the level of 58 dollars per barrel. Is expected to accelerate the fall is a breakdown of the uptrend line. We are trying to close the sale of oil and Stoploss ready to increase sales with a decrease in development.

BRENT oil price forecast on January 3, 2017 suggests an attempt to decrease beginning in the framework of working out a bearish forex model Wolf wave with the potential to reduce the level below the area of $ 53 per barrel.


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