BA_Investments

CRUDE OIL TO HIT $160?😳 (Long Analysis)

Long
TVC:USOIL   CFDs on WTI Crude Oil
The price of Crude Oil is still holding up pretty well above our supply zone & respecting our buying bias. For those who aren't in a buy yet, this a VERY PROFITABLE INVESTMENT to hold for the long term. Amazing safety hedge for your own protection, as the global economy worsens even more over time🩸

We can see there are no more long term sellers in the market & investment banks/hedge funds have been accumulating their buying orders as well since November 2022. Crude Oil to $160. Make sure to get in before it's too late!🚀
Trade active:
Both the Dollar & Oil are moving in a negative correlation with each other, which fits with our long term bias for both markets🦾 The Dollar is weakening & pushing institutional investments into commodities such as Oil.

Oil flew up 30% from its low, currently retracing down but still up 18%. Use this chance to DCA average into buy positions if you haven't already.

TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
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