1/05/2015

Brent crude oil for future

Monthly chart of
Brent crude oil

Nowadays the price of oil has been chief reasons of all the world economic turmoil such as
Saudi Arabia, Venezuela and Russia for it are not only deeply but also proportionately or im-proportionately depending on their national income from oil price
I hope it will be useful information for a relevant country’s minister of Economic as well as all the Intraday Traders
To make a long story short there are no supported line except previous lowest point 36.61(2008/12). I think this is the point where the oil price is stopped. The other hand the price will be reached at this point. Is it so depressed of you or the other way around?  
See more details in chart. Just keep your eyes on chart nothing but chart. For it is honest and sincerer and is never deceive you, if you have eyes for what it is ingratiating and insinuating you.





(True! unfortunately You can see as much as you know) but sorry for this language which only I can disclosed to you  
  
1.  is stochastic indicator where you can wait for repeated signal same shape as 3 (so to speak “Gold cross signal”)  
2. is Bollinger bands indicator where you can wait for repeated signal same shape as 4 (so to speak “V. signal”)  
3. is good example signal for “Gold cross” breaking out the oversold line( you must wait for duplicated shape on the spot of “2”)  
4. is “V signal” of BBS ( Bollinger bands upper line)
5. is Minimum price of 36.61(2008/12) where has probability of “overlaps of all the factor “so to speak “confluence of indicator of factors

Behold!
Do not see and hear anything but chart, nothing but chart 
it saves your time and life 
Yours Cassandra     

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