Inverted HnS on crude Education

Crude Oil (Brent)FXCM

Description

⋅ Sep 20, 2018 5:04 AM

Another analysis shows Inverted HnS on Weekly charts of Brent.

Target is the length from Head to neckline ,which suggests target $91.50

My previous analysis suggests rounding pattern on daily charts whose target is also near this zone..

So charts say that we ll see crude at 90/91.5 in upcoming days,..

Chart Patterns

Comments

Soulblighter

⋅ Oct 10, 2018 6:16 AM

Add to that the long term trendline stretching way back , culminates around 90 ! also , the rectangular channel it broke from 70 - 80 gives an obvious target of 90. i think it will cool off thereafter !! hope so