Crude Oil (1D) Correction probably finished, Ready for Rally ?
Hello Traders,
Seems like Crude oil formed amazing 1:1 (A:C) Corrective pattern as setup for next Bullish Rally.
So there could be several more months with prices and gains for miners. Also it could cause increase of Inflation and Electricity prices.
I´m staying out of this market, because I really lack experience how to play it (Any advice in comments is highly appreciated).
My best guess is to find some undervalued Oil Miners if its still possible. (well played with OXY Mr. Buffet)...
Enjoy the markets and stay green ;)
Seems like Crude oil formed amazing 1:1 (A:C) Corrective pattern as setup for next Bullish Rally.
So there could be several more months with prices and gains for miners. Also it could cause increase of Inflation and Electricity prices.
I´m staying out of this market, because I really lack experience how to play it (Any advice in comments is highly appreciated).
My best guess is to find some undervalued Oil Miners if its still possible. (well played with OXY Mr. Buffet)...
Enjoy the markets and stay green ;)