๐FALLIND OF CRUDE OIL ๐ขIN THE MARKET - EXCITED PEOPLE.๐คฏ๐คฏ๐คฏ
๐Let's look at the chart and think, what we will expect of crude oil in the some days and nearest month?๐
For several years, oil successfully formed a triangle, which breakdown in February.๐ I believe, that the price will reach a powerful support level in a few days, and will be fixed on it. โ๐ฟThen 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.โ๐ฟ Glad to talk with you๐น I wish you a good mood, happiness and love๐ฅฐ๐๐