Piticu

Idea of Weird Oil Trend lines bullish and bearish levels

Piticu Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
Showing possible levels for Oil price, historical analysis of past years showing that price could get at correction at closest Fibonacci level bouncing in one of the trend lines, so $50 levels needs to wait a bit but soon
Take care
Trade active:
Here is an update:
Trend is pretty clear as you noticed and I see above $70 by end of first quarter 2021
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.