Is Oil ready to change its trend

28 September 2016, 16:38
Muhammad Elbermawi
  • Oil is forming a premature Inverted Head and Shoulders pattern.
  • If it break up the peak at [2] then it will be ready for an upside move.
  • If it break down the trough at [3] then may complete its descending trend or it may enter in a new side-way direction.

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