ðFALLIND OF CRUDE OIL ðĒIN THE MARKET - EXCITED PEOPLE.ðĪŊðĪŊðĪŊ
ðLet's look at the chart and think, what we will expect of crude oil in the some days and nearest month?ð
For several years, oil successfully formed a triangle, which breakdown in February.ð I believe, that the price will reach a powerful support level in a few days, and will be fixed on it. âðŋThen it will goes up, by start forming an ascending wedge, which I marked in gray colour.
I also highlighted the upper wedges of previous years in gray for better understanding a complete situation on the market since 2014 year.
I believe, that this pattern will repeat itself again.
After the end of the wedge, we can expect falling again. I can assume, that crude oil will decrease every year.
What do you think about that? Write any thoughts of crude oil in the comments.âðŋ Glad to talk with youðđ I wish you a good mood, happiness and loveðĨ°ðð