What is expected to happen in the black gold price? Oil presents an opportunity for high profits as a result of anticipated severe fluctuations of its price soon.

This severe fluctuations, if occurs, is built on a situation in which there is price stability. This situation provides an opportunity to make profits because when burst open stability often comes at price severe fluctuations.

Crisis in 2008 the price of oil climbed to $ 150 a barrel, down from up to 33 dollars a barrel and climbed back to 83$.

The graph seems we are still on the rise but the upward trend in relations became shuffling the last six months and it seems that recently breached the support level of $ 70-71.

Short-term trend reinforces precisely the scenario the decline. Black gold price began falling in early May and dips are arranged in ascending order.

Conclusion:

Have the potential to make a sharp fluctuation down but has conducted more than usual caution that the movement is against the long trend. You can enter a cautious scratching the negative and increase the exposure if the spaces will be created.