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Henrythemaestro

OIL looking for potential correction?

CFDs on Crude Oil (WTI) (FX:USOIL)  
Henrythemaestro  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Supply and Demand Economic Cycles buythedip Bullish Patterns Oil Commodities oiltrading Crude Oil WTI oilprice forecast
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trendanalysis supplyanddemand economiccycle buythedip bullish oil commodities oiltrading usoil oilprice forecast
Not typical, long & stable upward trend on the daily chart has been going on for a while.
Hard to predict when the price will correct downward, but it is likely that it will happen, sooner or later.
What do you think about oil? Will the trend continue?
Old saying in trading, "trend is your friend" probably works also this time. When the price corrects down, I would buy!
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