This gets wonderfully reflected on the Technical Charts. Let us examine the Weekly Technical Charts of Brent Crude and see how wonderfully it corroborates the above picture and reflects all that we discussed above.
(Research Analyst, SEBI Reg. No. INH000003341)
CMT Association (Formerly known as Market Technicians Association, (MTA), USA
Canadian Society of Technical Analysts, (CSTA), CANADA
Society of Technical Analysts (STA), UK
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