Long term scenario is in the making as shown in the chart.
Still after many correction downside period, WTI crude oil may achieve $75 area objective.
If crude manage to trade higher, break $85 BBL and sustain this level, then multi year possible
much lower level to as low as $20 is negated.
Still after many correction downside period, WTI crude oil may achieve $75 area objective.
If crude manage to trade higher, break $85 BBL and sustain this level, then multi year possible
much lower level to as low as $20 is negated.
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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.