Quotes of WTI crude oil continues to trade at close to 51 dollars per barrel. At the moment, preserved potential for a fall of quotations and the price of oil below 48 dollars per barrel in the rebound from a broken trend line on the indicator of relative strength. Also, there is a high probability of the descending pattern forex Wolfe waves order to fall below the level of 42 dollars per barrel.
WTI crude oil forecasts and analysis on 18 October 2016
Cancellation option quotes and falling prices, as WTI crude oil will be a strong growth of quotations above the level of 54 dollars per barrel.
WTI crude oil forecasts and analysis on 18 October 2016 suggests an attempt to fall within the beginning of working out a bearish Wolfe wave model.
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