mxb1961

Long term oil still looks bullish with $200+ target by 2025

Long
TVC:USOIL   CFDs on WTI Crude Oil
USOil looks to be continuing up after test of the median line on the monthly pitchfork.

weekly view looks like several more weeks of consolidation to build base for next run up.

consolidation on the 100 tick renko

Once consolidation complete May/June, could see a run up to test the 2008 highs.
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.