So Far based on my 5D Chart we still within the Triangle and after a retest at resistance the expectations is for a smooth drop to roughly 79 by end of the week. I now decided to do an analysis on a 1H time frame to follow a bit more often and keep an eye on a breakout,. I highlighted the Top purple and Bottom purple lines as potential targets should we have a...
This is my first idea, and although I wasnt expecting this to take so long for a breakout, it seems to become clear as you follow the pattern along with all geo political tensions as well as demand and supply including OPEC´S recent activity. I also take this forecast more realistic as I am expecting a breakout towards end of October mid november, which in all...