Although it does not seem like there is much to see in this chart, we actually expect the British crude oil to perform very well over the next couple of months. In the imminent course of action, we believe that the price will slightly increase and then move on to complete the correction under $59.04. From there, we will be all set to experience a long bullish run in the direction of $80 and above!
Also, check out our other forecasts!
Also, check out our other forecasts!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.