forex-Teo

USOIL LONG ( $91 Incoming )

Long
TVC:USOIL   CFDs on WTI Crude Oil
Fractals and Market Repetitions. When the market crashed from the 2008 highs, it fell 77%. When the market crashed from the 2011 highs, it crashed 77%. When oil rallied after the 2008 crash, it rallied 243%. Now we've hit the lows of the 2014/15 downward move, I'm expecting a 243% rally beginning from the low. That will leave us around $91. After the attack on the Saudi Oil Infrastructure, it is likely oil is entering an uptrend.

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