OIL - The rally is just beginning

FX:USOIL   CFDs on Crude Oil (WTI)
598 0 18
On the weekly chart of oil             we have a strong bullish sign : 3 white soldiers .
Timewise we could have printed the intermediate cycle low 3 weeks ago.
This intermediate rally usually lasts for 7-8 weeks. (Intermediate cycle lasts for 20 weeks)
So we have a lot of time (4-5 weeks to run...)
It seems we will not test back the double bottom breakout at 34.29

I'M HEAVILY POSITIONED IN OIL , ERX (Direxion Daily Energy Bull 3x Shares) AND OTHER OIL             SHARES ( OAS             , HK             , REXX             ,BAS, BCEI             )
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out