salvanost

looks like 85 become support, bullish target 120

TVC:USOIL   CFDs on WTI Crude Oil
note this is monthly time frame, im using monthly because Russia war on 25 Feb invalidate bearish signal from hourly, daily and weekly time frame

oil same case with gold, the bearish signal annilihate on 25 feb bullish spike

85$ become support like the previous bullish trend
as long 85$ support is not broken then will see higher price like 120$ or more but wont create highest price as long indicator not bottomed for 1 more time

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.