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- Bhoopalan replied Aug 29, 2013
Finally oil starts to show some move I believe. If the H4 ends above 117.04, it would reach 117.8 I believe.
- Bhoopalan replied Aug 28, 2013
I was thinking the war threat would put the oil price down but it kept increasing steadily until recent hours.. I don't understand the fundamentals at all. Is there any possibility that the war threat could have really worse impact on oil?
- Bhoopalan replied Aug 28, 2013
image Daily chart. The price around 117 was around August 2012 and it formed a double top again at February of this year. Now it has hit that price in an aggressive movement and starts pulling down... I'm not sure if this is a beginning of a ...
- Bhoopalan replied Aug 28, 2013
Is it too early to believe that a down trend has begun?
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