13 August, 2019

Fibonacci drives brent oil price to $50

Vladimir Ivanov
EN

Brent oil price perfectly performs the Fibonacci levels, remaining in the downside channel. Head and Shoulders pattern completed, so the recovery to $62 and then back to $50 by the end of the year is highly expected.

Brent oil price chart
Brent oil price chart
Vladimir Ivanov

Vladimir Ivanov

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