First signal of Brent Oil down-turn

FX:UKOIL   CFDs on Crude Oil (Brent)
160 0 1
We can observe a clear and classical WEDGE formation. This formation is generally quite reliable in predicting a trend change. This pattern is NOT a TRIANGLE or PENNANT , which could herald continuation of the bull market ahead, but it is a clear wedge formation. At this point I don't have any firm ideas up to which point the Oil             price will trace back but 32, 30, 27 dollar ranges have support levels. I expect starting mid next week to have some interesting moves at USDCAD             , EURCAD             , EURUSD             GBPUSD             , GBPCAD             pairs. Keep your eyes open for these. Good Trades.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out