Quotes of WTI oil failed to break up the triangle model. At the moment, there is potential for further growth and testing of the model to above the level of 50 dollars per barrel.
WTI oil prices Forecast — May 26, 2016
Cancellation option will drop WTI quotations below $ 47 that will provoke a fall to below the level of 44 dollars per barrel. WTI oil prices Forecast — May 26, 2016 suggests an attempt of growth within the mining forex triangle patterns with a view above the level of 50 dollars per barrel.
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