BRENT at turning point to resume its downtrend Short

Crude Oil (Brent)FXCM

Description

⋅ Mar 23, 2016 3:09 PM

Techincal Analysis

-Retrace between 50 and 61.8% of previous leg down
-161.8% of previous wave of this correction
-Bearish Butterfly completed
-Bearish Divergence
-Under downtrend line
-Previous SR