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caiogeaquinto

Oil long term upward trend may have come to an end

CFDs on Brent Crude Oil (TVC:UKOIL)  
caiogeaquinto  
TVC:UKOIL   CFDs on Brent Crude Oil
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
Brent was being traded inside an upward channel in the last 13 months, but in july the trendline has been broken. After this, the price started consolidating. If the price break through the support zone below, it may fall until the fibonacci retracement levels.
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