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.
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.