Long term Energy(OIL) Scenario

Updated
After US OIL testing its ATH 0.886 point, non-trending zigzag moving may come out, but energy has a slow moving vehicle character.

This recent 0.886 high point also took about 14 years.

Making plans, trading plans with knowing where the long-term trend of the market is heading to by analyzing the chart with the market conditions will help us making successful trades.

To complete this 1.618 expanding Bearish Shark pattern, it may take several years.

Bamm reaction just started.

Please view as a "long-term plan"

Good Luck.
Note
snapshot
Note
CL1!

The possibility of overshooting up cannot be ruled out as it has been to negative oil prices.
Chart PatternsHarmonic PatternsTrend Analysis

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