Quotes BRENT crude oil continued to rise in the beginning of mining within the inverted forex model head and shoulders, and at the moment have approached the level of the neckline. On the next trading week will be the potential for the breakdown of this level and attempts to continue the rise in oil prices BRENT.
Forecast of oil BRENT on 22 August — 26 August, 2016
Cancellation option will be a sharp drop in prices of oil in the area below the level of the right shoulder, then it is necessary to consider only the sale and expected to continue falling in the area of a local minimum. However, while such a situation has not developed in the next week is expected to try and test the breakdown level of 52 dollars per barrel and have on the success of this growth, we will be able to judge the potential for continued mining inverted head and shoulders pattern.
Forecast of oil BRENT on 22 August — 26 August, 2016 suggests an attempt to continue the growth and the breakdown level of 52 dollars per barrel, with a potential growth is even higher.
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