Hello friends
In the oil price chart, we are witnessing the formation of an Elliott wave pattern, which consists of waves 1 to 4 of the main wave and 1 to 4 of wave 5. Now, considering the Fibonacci projection and price resistance and the conflict between Iran and the United States in the Strait of Hormuz and the disruption of the Persian Gulf oil supply, the price will probably reach $90 and then $97
Good luck and be profitable.
In the oil price chart, we are witnessing the formation of an Elliott wave pattern, which consists of waves 1 to 4 of the main wave and 1 to 4 of wave 5. Now, considering the Fibonacci projection and price resistance and the conflict between Iran and the United States in the Strait of Hormuz and the disruption of the Persian Gulf oil supply, the price will probably reach $90 and then $97
Good luck and be profitable.
Trade closed: target reached
You can make the trade risk-free and keep the trailing stop below each swingGood luck and be profitable.
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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.
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.