WTI crude oil forecast and analyst on November 18, 2016


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Quotes of WTI oil and 46.22 dollars per barrel. Currently quotes tight test resistance area, which indicates that an attempt to drop in prices to below $ 45 per barrel. An additional signal in favor of the fall is the formation of reversal pattern Forex Head and Shoulders.

WTI crude oil forecast and analyst on November 18, 2016

WTI crude oil forecast and analyst on November 18, 2016

Cancellation option quotations fall and for WTI crude oil price quotations will yield higher than 47 dollars per barrel, will cancel the model and indicate an oil continued growth in the region above the level of 49.

WTI crude oil forecast and analyst on November 18, 2016 suggests an attempt to fall in the rebound from the resistance area with the potential to reduce the area below $ 45 per barrel.

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