Quotes of WTI oil and firmly tested the level of $ 50, but this level of penetration has not occurred. At the moment, there is a potential for a fall in the framework of working out a reversal pattern failure swing on the indicator of relative strength for the purpose of the fall in below 42 dollars per barrel.
Forecast WTI oil prices 06.06.2016 — 10.06.2016
Cancellation option of falling oil prices on the current trading week 06.06.2016 — 10.06.2016 WTI will increase in quotes above the level of 51 dollars per barrel. An additional signal in favor of formation of topping forex head and shoulders pattern on the shorter periods of time.
Forecast WTI oil prices 06.06.2016 — 10.06.2016 assumes fall within mining reversal pattern at the RSI indicator with a drop goal in below 42 dollars per barrel.
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