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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