cfetrader
Long

Long term Crude Oil forecasting

FX:USOIL   Crude Oil (WTI)
267 0 4
Purely on a technical basis and by assuming that C-wave is close to completion, the rising pitchfork and 1.618 C-wave Fibonacci extension lead to a value of 169 by April 2024. The most valuable commodity in the world deserves our outmost respect (it's production takes great effort, and is not always met with success; furthermore there is a finite amount of natural reserves).
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