SimplyShowMeTheMoney

$USOIL $97 short-term target 👁‍🗨

Long
TVC:USOIL   CFDs on WTI Crude Oil
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

Hello fellow traders and investors! My team isn't expecting oil/gas demand to slow down anytime soon. A long-term target of $132 and beyond is on the horizon. Ever since the war in Ukraine began the Biden administration has been trying their hardest to keep prices down by releasing war-time oil reserves periodically. This is a temporary solution, and my team believes that it will eventually lead to a blow off top. Raising interest rates seems to be the feds only solution to combating the situation, yet it has become evidently clear that they have no idea what to do and whether or not this will actually solve the issue.

These are just our thoughts surrounding the situation and things could change quickly with the emergence of new information. We hope that this helps!

!! This chart analysis is for reference purposes only !!


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