Russia still producing oil, Saudi to sell more to US, and Fed rising rates.
double top pattern, humongous sell pressure, expect to hit neckline soon, and if it breaks, $124-$95 = $29, I except it falls the same amount (neckline to top spot), $95-$29 = $66
double top pattern, humongous sell pressure, expect to hit neckline soon, and if it breaks, $124-$95 = $29, I except it falls the same amount (neckline to top spot), $95-$29 = $66
Comment:
Target reached with 3 months delay
Trade closed: target reached:
now target reached, rebound is forming.