sfc95

Crude Oil Short term - bearish - Short

Short
CAPITALCOM:OIL_CRUDE   Crude Oil
Hello everyone,
I put the Short and take profit areas.
It is a short-term chart (15min time frame), but it is not too complicated.
It is possible to have a price maintenance between 80-96 area in the following weeks, having an average growth on Crude Oil in September, but from November things do not look too great. It is most certain that we will see Crude Oil at a very low price in the spring of 2023.
Attention, in the following months, do not buy between areas 80-96+
They are dangerous areas, much overrated.
Good long-term buying areas are from 40-50-60 (the best being just below these prices)
Crude Oil in a few years will trade below 20eur/barrel, so it is not a good long-term investment.
Hello everyone,
I put the Short and take profit areas.
It is a short-term chart (15min time frame), but it is not too complicated.
It is possible to have a price maintenance between 80-96 area in the following weeks, having an average growth on Crude Oil in September, but from November things do not look too great. It is most certain that we will see Crude Oil at a very low price in the spring of 2023.
Attention, in the following months, do not buy between areas 80-96+
They are dangerous areas, much overrated.
Good long-term buying areas are from 40-50-60 (the best being just below these prices)
Crude Oil in a few years will trade below 20eur/barrel, so it is not a good long-term investment.
It will lose its usefulness and value in the next years.

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