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forex-Teo
Sep 16, 2019 10:09 AM

USOIL LONG ( $91 Incoming ) Long

WTI CRUDE OILTVC

Description

Fractals and Market Repetitions. When the market crashed from the 2008 highs, it fell 77%. When the market crashed from the 2011 highs, it crashed 77%. When oil rallied after the 2008 crash, it rallied 243%. Now we've hit the lows of the 2014/15 downward move, I'm expecting a 243% rally beginning from the low. That will leave us around $91. After the attack on the Saudi Oil Infrastructure, it is likely oil is entering an uptrend.
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