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TRDVMA
May 7, 2015 1:37 PM

Crude Oil Brent Detailed Analysis 

Crude Oil (Brent)FXCM

Description

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.
Comments
fnassir
great analysis, i have made another analysis with little different approach ... what is your comments
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