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momeah21

Oil Prices To Push Down Further?

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
momeah21  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns
6
1
trendanalysis chartpattern
We currently have prices with in a beautiful Broadening Chart Pattern in play supported by structure.

Supporting further plummet in Oil.

A Broadening Chart Pattern in essence is a bearish pattern.

If it is confirmed (by breaking the lower Trend line) and that is a BIG if then we could expect further
plummet to the beginning for the pattern.


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