An emerging Falling Wedge has been detected on Brent Crude on the 1 hour chart. There is a possible move towards 71.5265 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
Related Posts
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is moving towards a key resistance level at 68.3375. This is a previously tested level for…
Silver Spot seems to be on its way to support – a possible opportunity?
Silver Spot is heading towards a line of 41.0334. If this movement continues, the price of Silver Spot…
US Oil is signaling a possible trend reversal on the intraday charts with price not breaching support.
A Channel Down pattern was identified on US Oil at 64.0955, creating an expectation that it may move…