Long
Brent Crude : Update Still Going Strong
We have now completed Wave 3 on downside !!
Wave 4 has already started !!
Expect Wave 4 to hit at 45 to just below 50 $ by October/ November -- not later than this !!!
Dollar Bulls have been exhausted -- helping crude to rise !!
* The World is still consuming more oil than in 2008 !! So there is no flood of Oil instead it's simple inverse relation between Crude and dollar !!!
Wave 4 has already started !!
Expect Wave 4 to hit at 45 to just below 50 $ by October/ November -- not later than this !!!
Dollar Bulls have been exhausted -- helping crude to rise !!
* The World is still consuming more oil than in 2008 !! So there is no flood of Oil instead it's simple inverse relation between Crude and dollar !!!
Trade closed: target reached
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Related publications
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.