BCOUSD @ Daily @ "it`s good 2 be true !?"

OANDA:BCOUSD   Brent Crude Oil
  • temporarly high in June`16 around 52
  • temporarly high in August`16 around 51
  • temporarly high in October `16 around 53

First target should 54 $ in BCOUSD - throughtout December 2016.
And in the 1st Quarter 2017 we could see prices above 60 ?!

Not only OPEC Policy support maeks me bullish
also technical turnaround around 46 $
- with 100 SMA & 200 SMA supprt ...

Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)

Best regards


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