ZarNegar

The Tragic fall

FX:UKOIL   Crude Oil (Brent)
2873 4 34
Soon. Brent oil             will increase to nearly 77. And than.
Will have. A tragic fall to 33.
Brent channel. formed from two major levels 33 and 100.
And now. The price is in the middle of this channel.
Details can be seen in the chart.
I can see it happening and its on track for further decline. Great analysis!
Reply
ZarNegar, what do you think would be the cause of such a big decline? A strong dollar next year?

With all due respect, I don't believe it will happen.
Reply
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