Crude Oil 🛢️ is Screaming Prosperity Time ⏰ 💸
This is one of the most powerful bullish crude oil pattern I have seen in years. 💪 🔥
The 3 Monthly chart is showing some serious bullish pattern which could drive oil price to $100 or even more.
Even the monthly chart has shown uniform activity on the RSI 61.8 and going to test the Hot zone of the RSI.
What does this mean in General? World Financial market may brace up for some prosperity in many more months to come.
I don't see any bear market in near term unless this chart changes look.
Oil producing countries should focus on catching this train to enjoy in this prosperity either by investing into productivity, diversifying or hedging if price hits $120 -$150 zone.
Remember to Like, Share and Follow for more timely breakout ideas.
The 3 Monthly chart is showing some serious bullish pattern which could drive oil price to $100 or even more.
Even the monthly chart has shown uniform activity on the RSI 61.8 and going to test the Hot zone of the RSI.
What does this mean in General? World Financial market may brace up for some prosperity in many more months to come.
I don't see any bear market in near term unless this chart changes look.
Oil producing countries should focus on catching this train to enjoy in this prosperity either by investing into productivity, diversifying or hedging if price hits $120 -$150 zone.
Remember to Like, Share and Follow for more timely breakout ideas.
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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.
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.