Crude Oil (Brent) - From history to far future analysis
Hi guys, today I analysis Crude Oil (Brent) from my member request ( Analysis Brent Crude oil from 2019 - 2030 )
The first thing I need to say that this maybe better if it is the EDUCATION post than ANALYSIS post because prediction the price in very very far from now is unthinkable.
The price of OIL also depend on many element and news of politics and economics that change a lot over the next 10 years.
So remind all you guys again. I just analysis it depend on what I see and depend on my imagination (anyway you can learn something from that)
From now 9/2018 to 9/2020 (next 2 years) maybe sure about 70% that we can predict but next from 2020 - 2030 is my prediction depend on Fibo time zone + Fibo Circle + Zone Price (1;2;3) and official depend on RSI as well as the analysis about RSI will direct the price how it going.
Analysis about the past from 1988 - 2008 (the time of ECONOMIC CRISIS) we have very panic sell in OIL at this time with -74.81% from the peak.
Next strong panic downtrend we need to reveal the period of July 2014 from the peak, the price fall down -75.97%.
How do you think about both of them, the price fall -3/4 from peak when we have economic crisis or bad things.
Ok, this is history, so what about now?
Using your eyes simply to see 2 zone very important is SELL ZONE that built by the peak and the time of accumulate in price in long time before bad downtrend occur. And another is BUY ZONE - ACCUMULATE ZONE, how we can have it? Simple, it is built from 1990 to now (a mere 30 years) and 2 time of crisis panic downtrend of OIL we all have nice bounce from here. You dont believe? Look at the chart and see.
When the price touch SELL ZONE, surely we have fall down and also have nice bounce from BUY ZONE.
Next talk about Fibo time zone, I draw it fit on 2 crisis of price so we will have exactly return points.
Fibo Circle help us to find supports and resistances for long time.
Another indicator is Pivot Point, using it we can see where we are standing ? We have broke R1 and standing in accumulate zone with RSI is nearly over buy zone.
>>> We prepare for downtrend in next time.
The target for next time is 43$ - 48$ in Sep 2020.
Why we have this zone? Depend on Fibo Circle and Pivot point S1 (Support 1)
If it true, we may have -32.09% fall down from now to Sep 2020.
At this point Sep 2020 is Fobo time zone 21 so we will have nice return up from here.
Depend on RSI, the price will accumulate in ZONE 2 in the chart. (ZONE 1 ; ZONE 2; ZONE 3 are built by the diagonal line - trend from long time)
As my imagination and rule of RSI, I think we will have nice uptrend in July 2022 from ZONE 2 to upper line in ZONE 3. (88$ target)
What next ? In Oct 2023 from the peak of OIL we will have 3nd Crisis of price from ZONE 3 to the BUY ZONE one more time.
This fall down as my caculate is -52%
In Apr 2028 (Fibo time zone 34) we have bounce after Crisis.
From 2028 - 2030 (last point of member request) we will have improve uptrend and accumulate in ZONE 1.
REMIND:
+ This is EDUCATE post than ANALYSIS post because we dont have clearly information for this! The post simply depend on indicator and the working of RSI with trend in RSI and my imagination of way in RSI to predict the price.
Thanks for reading and hope you can learn something from my post.
Dont forget like and share this post!!!
The first thing I need to say that this maybe better if it is the EDUCATION post than ANALYSIS post because prediction the price in very very far from now is unthinkable.
The price of OIL also depend on many element and news of politics and economics that change a lot over the next 10 years.
So remind all you guys again. I just analysis it depend on what I see and depend on my imagination (anyway you can learn something from that)
From now 9/2018 to 9/2020 (next 2 years) maybe sure about 70% that we can predict but next from 2020 - 2030 is my prediction depend on Fibo time zone + Fibo Circle + Zone Price (1;2;3) and official depend on RSI as well as the analysis about RSI will direct the price how it going.
Analysis about the past from 1988 - 2008 (the time of ECONOMIC CRISIS) we have very panic sell in OIL at this time with -74.81% from the peak.
Next strong panic downtrend we need to reveal the period of July 2014 from the peak, the price fall down -75.97%.
How do you think about both of them, the price fall -3/4 from peak when we have economic crisis or bad things.
Ok, this is history, so what about now?
Using your eyes simply to see 2 zone very important is SELL ZONE that built by the peak and the time of accumulate in price in long time before bad downtrend occur. And another is BUY ZONE - ACCUMULATE ZONE, how we can have it? Simple, it is built from 1990 to now (a mere 30 years) and 2 time of crisis panic downtrend of OIL we all have nice bounce from here. You dont believe? Look at the chart and see.
When the price touch SELL ZONE, surely we have fall down and also have nice bounce from BUY ZONE.
Next talk about Fibo time zone, I draw it fit on 2 crisis of price so we will have exactly return points.
Fibo Circle help us to find supports and resistances for long time.
Another indicator is Pivot Point, using it we can see where we are standing ? We have broke R1 and standing in accumulate zone with RSI is nearly over buy zone.
>>> We prepare for downtrend in next time.
The target for next time is 43$ - 48$ in Sep 2020.
Why we have this zone? Depend on Fibo Circle and Pivot point S1 (Support 1)
If it true, we may have -32.09% fall down from now to Sep 2020.
At this point Sep 2020 is Fobo time zone 21 so we will have nice return up from here.
Depend on RSI, the price will accumulate in ZONE 2 in the chart. (ZONE 1 ; ZONE 2; ZONE 3 are built by the diagonal line - trend from long time)
As my imagination and rule of RSI, I think we will have nice uptrend in July 2022 from ZONE 2 to upper line in ZONE 3. (88$ target)
What next ? In Oct 2023 from the peak of OIL we will have 3nd Crisis of price from ZONE 3 to the BUY ZONE one more time.
This fall down as my caculate is -52%
In Apr 2028 (Fibo time zone 34) we have bounce after Crisis.
From 2028 - 2030 (last point of member request) we will have improve uptrend and accumulate in ZONE 1.
REMIND:
+ This is EDUCATE post than ANALYSIS post because we dont have clearly information for this! The post simply depend on indicator and the working of RSI with trend in RSI and my imagination of way in RSI to predict the price.
Thanks for reading and hope you can learn something from my post.
Dont forget like and share this post!!!
Feragatname
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