Here we can see some possibility for gap closing to continue further drop down Note that Weekly and Monthly showing right shoulder projection around 3x but if it makes lower low 20$ per barrel is really near
Comments
smitheric1970
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very nice chart
Andrey.Ustinov
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Very appreciate by your reply)
seekers36
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Interesting, most are predicting a bullish inverse h&s.
Andrey.Ustinov
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Check this one for IH&S pattern
Oil market manipulated now so i can expect much lower tgt negative for bullish scenario
Andrey.Ustinov
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Check this one for IH&S pattern
Oil market manipulated now so i can expect much lower tgt negative for bullish scenario
Andrey.Ustinov
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Check this one for IH&S pattern
Oil market manipulated now so i can expect much lower tgt negative for bullish scenario
bcelepoglu
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excellent
Andrey.Ustinov
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Thanks for you reply) lets see if this scenario sustain