TRDVMA

Crude Oil Brent Detailed Analysis

FX:UKOIL   Crude Oil (Brent)
404 1 6
1-major resistance (2010)
2-rising wedge formation
3-channel upper trend reached
4-possible ABC formation
5-shooting star Japanese candle (daily)
6-Inverted hammer Japanese candle (weekly)
7-MACD Divergence
8-@ Fibonacci 0.382

Waiting for more confirmation. May be a decisive down thrust.
fnassir
2 years ago
great analysis, i have made another analysis with little different approach ... what is your comments
oil Brent reached 200 days EMA and complete ABCD pattern
Reply
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