Bullish Prediction for US Oil @ $78 target
Reviewing the global supply and demand dynamics for USOil clearly indicates a tightening of the oil market. There is also an increased global economic activity, growing energy demands, and potential disruptions in oil-producing regions contribute to a positive outlook for oil prices.
If you are considering long positions in USOil, then you should remain vigilant to potential risks, including unexpected geopolitical developments, changes in global economic conditions, and shifts in energy policies. However, based on the thorough analysis I've conducted, the overall outlook remains optimistic, providing a strategic rationale for investors eyeing the USOil market with a target price of $78.88 per barrel.
BUY USOIL @ 70.48
TP 1 - 72.25
TP 2 - 78.88
If you are considering long positions in USOil, then you should remain vigilant to potential risks, including unexpected geopolitical developments, changes in global economic conditions, and shifts in energy policies. However, based on the thorough analysis I've conducted, the overall outlook remains optimistic, providing a strategic rationale for investors eyeing the USOil market with a target price of $78.88 per barrel.
BUY USOIL @ 70.48
TP 1 - 72.25
TP 2 - 78.88
Note
Clearly 'tis a 4H tf trade. Going again!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.