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Oil Prices Headed Up to $105Top ↑  Our Services (Video Tour) Twitter Facebook Subscribe to our newsletter Jan 04 2012 Crude oil moved sharply higher yesterday above the previous swing high, which now should put much higher levels in play, since we believe that wave 2) pull-back is finished at 98.16. Notice that price also moved above the neckline of a head and shoulder pattern, which is also an important evidence for an uptrend continuation from a technical point of view. Price may easily reach $105 per barrel in coming sessions. If you like our analysis, and if you would like to join our services,register here. .gif) Newsletter archive
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Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.
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