Mahen23

OIL will recover and trade around the 61.80% golden ratio

做多
Mahen23 已更新   
FX:USOIL   原油差价合约(WTI)
Back in March 2018, I posted an analysis (www.tradingview.com/...etracing-towards-1…/) forecasting that EURUSD will trade around the 1.20 levels. Back then EURUSD was trading at 1.25.

Sure enough, in May 2018, EURUSD broke through the 1.20 levels and fell through to trade around 1.14 nowadays.

So today, for the year 2019, I forecast that the price of OIL will recover from its current price of $46-$48 range to trade around $63.43 before the end of December 2019.
交易结束:到达目标:
Target reached beginning of April 2019

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