donaitelo

USOIL - It is time for the next bullmarket

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FX:USOIL   Ham Petrol KFS'leri (WTI)
Hello everyone, first of all, we have been in such a long bear market, since July 2008 147$, we haven't made a new higher high, but we managed to make lower lows, which means that we are currently in a 12 year bear market. We have been moving inside a falling wedge, and even though we could go to the top of the wedge and then make another fall like the one we had now, I really don't think we will fall again to 10$ . We fell so much, because of the virus, that caused the lockdown, the price war between Saudi Arabia and Russia and also the fact that we are in a 12 year bearmarket, made the effect even more devastating. Such events happen probably once in a lifetime, so because of all those reasons, I do think that we have reached the bottom at around 10$-13$ and that we will break through the falling wedge and make higher highs and go into a bullmarket. Good luck to everyone!
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.