Guess airlines are buying tankers now. USOIL will be forced back into its channel overshooting $45 a barrel and perhaps quickly back to $70 pulling back from $80.
Then another jump to $100, ready to retrace 2014 and as hyperinflation develops hit $160 by Sep 2021. Followed by a replay of July 2008, deep recession..
Then another jump to $100, ready to retrace 2014 and as hyperinflation develops hit $160 by Sep 2021. Followed by a replay of July 2008, deep recession..
Catatan
Sep '22 back to $100 ..
Catatan
You can't ignore the monthly hammer forming..Catatan
Yup, still on track..Trade aktif
Expecting big leg up shortlyCatatan
Something in the making Catatan
On 1D Trade aktif
Pump that Oil Trade aktif
We have another go! Catatan
Added alternative PA path based on PA momentum of the past weeks. It targets $160 by December '22. Catatan
It seems to slow down to break $45 Catatan
The diagonal trend is the alternative price action path extended on the monthly into the following years.Catatan
Trendline resistance similar to 2002/2003 with SARS, which eventually lead to the housing bubble in 2008.. Catatan
Oil continues to follow trend with target $160 by Sep'21 Catatan
Angle towards target prevails (big arrow). New Divergence set in as visualised by trendline with original target angle (small arrow). Indicating target may be reached earlier or a correction for recent delays is being made here imho. Catatan
Date time adjustment following USD bull perma rig disassembly Catatan
On track nevertheless, call me crazy.. Catatan
Zoomed in at 4H Catatan
65 before we head back up to 160? 
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