Eric4321

Eric4321 Updated 

There seems like a top is forming in Brent Oil, and a possible head and shoulders formation forming. In the chart there is a left shoulder and a head. Currently we are missing the right shoulder.

Eric4321

Brent oil keeps bumping its head into a support line that formed some time ago. This might open up for a drop to test the bottom trend line of the rising wedge that recently formed. This is my first analysis here so please don't kill it. Also thank you up front for any creative feedback to help improve my future posts. And this is not inteded as a trading...