meszaros

WTICOUSD (For Long Term Investors)...

Long
OANDA:WTICOUSD   West Texas Oil
There are two regularities in the oil price. One is that the exchange rate is moving slowly but in a rising band. The second is to build a 1: 1 fractal movement. The illustration shows you copying the original fractal. If this lasts longer, oil prices may be ahead of a nearly 30 usd rise. This rise can reach 88 usd (fractal) ....... or the top of the slow rising band. Two very strong signals. Therefore, I will monitor these movement forecasts as I plan further trading.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.