Price consolidation continues within the symmetrical triangle weekly time frame after failing to breakout above $114.00 double top
pattern formation. A break below the 108.50 lows would signal such a move lower, targeting a retest of lower trend line
triangle of $106.37 level. Alternatively, next weeks session, we may see a wedge
formation pattern that could cause price action to reverse upwards. A breakout above $111.17 would probably indicate a rally to a target of $111.88 followed by a higher push to towards the double top
failed peaks. Contributing to this upward reversal would be other factors like weakening prices of EURUSD
, $XAUUSD, $UKOIL . Take out the popcorn bowl, cause this will get interesting.