2020-11-25

CRUDE OIL


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
 AFTER RISK APPETITE RETURNS TO RISKY ASSETS LIKE EQUITY MARKETS AND OIL
CRUDE OILHAS BEEN BOUNCING FROM OCT LOW AT $33.67 IN AN IMPLUSIVE MANNER ADVANCE ,THIS RALLY OF FIVE  WAVES UP AND EXCEEDED THE KEY LEVEL AT $43.67 SAY THAT THE BOTTOM IS IN PLACE AS A SECOND WAVE ON MINOR DEGREE  AND THE THIRD WAVE HAS BEEN STARTED , SO WE SHOULD SEE POSITIVE UPWARD MOMENTUM ,VERTICAL RISE, LARGE  VOLUME 
.NOTICE THAT OIL IN THE FIFTH WAVE ON SMLLER DEGREE AND THE THIRD WAVE  IS NOT THE EXTENDED WAVE AS USUAL,SO THE FIFTH WILL BE 
COMMON UPSIDE TARGET FOR THIS WAVE PREDICTABLE AT $47.5 IT COULD BE EXPANDED TO $55 IF THIS WAVE WILL 1.618×WAVE 3+ WAVE 1