OIL : HAS THE FORTH CYCLE BEGAN? NEW ALL TIME HIGH? LETS SEE.
HELLO TRADERS HOW ARE YOU TODAY?
as you can see on this chart there is 4 cycle and also you can see oil was sideways from 1980-1998 in the first cycle and then start a massive bullish trend from 10$ to 147$ in the second cycle and after that price went to correction in the third cycle from 2008 to 2020.
it seems right now price start another cycle as another massive bullish trend which i expect price create a new all time high around 250$- 400$ until 2030
i hope you enjoyed from this analysis
please boost and leave your comment and tell me your idea on oil, be safe enjoy.
as you can see on this chart there is 4 cycle and also you can see oil was sideways from 1980-1998 in the first cycle and then start a massive bullish trend from 10$ to 147$ in the second cycle and after that price went to correction in the third cycle from 2008 to 2020.
it seems right now price start another cycle as another massive bullish trend which i expect price create a new all time high around 250$- 400$ until 2030
i hope you enjoyed from this analysis
please boost and leave your comment and tell me your idea on oil, be safe enjoy.
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