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Buying oil in the short term

做多
OANDA:BCOUSD   Brent Crude Oil
Peace, mercy and blessings of God

It seems that the historical agreement of the black gold producing countries is beginning to take effect


In the past two weeks, we had a purchase of oil, thank God, all goals were achieved with a total of 1126 points

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Now as we see in the chart above, we have a positive Harmonic pattern on the weekly frame, with a very clear breach of the downtrend, which enhances buying opportunities in the short and medium term.

Targets and stops are shown on the chart

We ask God for success

نسأل الله التوفيق
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