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HotForex

BP Approaching Resistance, Potential Reversal!

Short
BP p.l.c. (NYSE:BP)  
HotForex  
NYSE:BP   BP p.l.c.
Trend Analysis Harmonic Patterns Chart Patterns
45
0
trendanalysis harmonicpatterns chartpattern
BP is approaching its resistance at 41.45 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where we expect to see a reversal to its support at 39.14.
Stochastic is approaching resistance where a corresponding reversal could occur.
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