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.
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Gold Spot moves lower to 3231.5055 in the last 3 days.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
Brent Crude has broken through a resistance line. It has touched this line numerous times in the last 13 days.
Brent Crude has broken through a resistance line. Because we have seen it retrace from this price in…
US Oil has broken through resistance of a Ascending Triangle. It has touched this line at least twice in the last 9 days.
This trade setup on US Oil is formed by a period of consolidation; a period in which the…