GaneshMishra

My view on WTI Crude oil for next 5 years

Long
TVC:USOIL   CFDs on WTI Crude Oil
Buy WTI Crude oil @ 20$ - 25$
Stop loss on the monthly closing basis @ 15. 40
Target for next 5 years @ 110. 40

Technical :- There is a long term positive divergence formation on the weekly and monthly chart "or" Falling wedge pattern formation. I think that has become the bottom of crude oil , So I'm bullish on WTI Crude oil .

Note :- How did you like my analysis? Please give your opinion through comments.

Disclosure :- This analysis has been done for educational purpose only. There is no advice on our part to invest, So before making any kind of investment, you must consult your financial advisor.
Comment: 1st target hit

Comments

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