Quotes of WTI crude oil continues moving inside the descending pattern Wolfe waves order to fall below the level of 46 dollars per barrel.
Analysis and forecast oil price WTI — June 17, 2016
Cancellation option will drop WTI strong growth of quotations in the area above the level of 52 dollars per barrel. An additional signal in favor of the fall is the formation of the descending pattern flag to display relative strength.
Analysis and forecast oil price WTI — June 17, 2016 assumes continued decline in oil prices within the mining bearish Wolfe wave model.
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