Quotes of WTI crude oil continues to trade outside the Forex Triangle patterns. At the moment quotes are testing densely punched border triangle that points to WTI quotations falling to below $ 47 per barrel. But do not rule out an attempt to test the descending pattern on the indicator of relative strength that will point to a continuation of the fall in the rebound from the line.
Oil WTI forecasts and analysis on October 31, 2016
Cancellation option of falling oil quotations of WTI will be strong growth above the level of 52 dollars per barrel, which will point to a continuation of upward correction.
Oil WTI forecasts and analysis on October 31, 2016 suggests an attempt to fall within the beginning of mining forex triangle patterns with the immediate goal of reducing at a level below the area of $ 47 per barrel.
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