Have tried to show and explain my analysis with the written annotation on the chart but, in short, I believe we are witnessing the start of a Wave 3 advance in Brent Crude with a target price of $255.
Just about every other commodity i look at are showing similar indications of major advances just getting started - Silver a perfect example with last weeks major breakout.
The entire commodity complex is signalling major inflation ahead
Just about every other commodity i look at are showing similar indications of major advances just getting started - Silver a perfect example with last weeks major breakout.
The entire commodity complex is signalling major inflation ahead
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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.