A Falling Wedge pattern was identified on Brent Crude at 76.452, creating an expectation that it may move to the support line at 75.3938. It may break through that line and continue the bearish trend or it may reverse from that line.
Related Posts
US Oil keeps moving closer towards 68.6185. Will it finally breach this level?
The movement of US Oil towards 68.6185 price line is yet another test of the line it reached…
Important support line being approached by Silver Spot. This price has been tested numerous time in the last 9 days
Silver Spot is moving towards a support line which it has tested numerous times in the past. We…
After testing 70.0890 numerous times, US Oil is once again approaching this price point. Can we expect a bearish trend to follow?
US Oil is en route to a very important line that will be a definite deciding factor of…