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USOIL- long term projection.

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Here's my analysis on the daily time frame. We are in an upwards trend and it's always better to trade with the trend; not against it. Therefore, I believe oil will see the price of $90 very soon.

Price action has just rejected the 61.8% fib level (on the 1 hour timeframe) and rejected the trendline. On the daily timeframe price has rejected the 78.6% fib level.
Hope everyone is having a great evening. Please comment below your ideas or if you need me to analyse anything.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.