Is Oil going to bit 70+ level in a few weeks?
Updated
I heavy believe in longs since Jan 2015 when Oil has almost broken 45 level. I have not seen any fundamentamal reason for such dramatical drop except some geopolitical changes in the world and redistribution of Energy assets. Moreover we have seen how oil has amost touched 70$ in May 2015 which has not been retested yet.
There are many layots are possible now (including continuing fall to 10-20 area) but I personally believe that we have started a new growth cycle from Feb 2016. I believe we could see 150-200$ in several years, so it is reasonable to be prepared for really great opportunities here. Unfortunatelly because of several polarized alternatives not simple to earn a capital on it especially with the low risk politics.
My trading strategy is high risking trades with the potential of the huge profits. So I have bought here a lot, waiting for continuing grow. If my trading plan is right I could earn a lot. However the possibility of capital loss is not excluded. High volatility is estimated by me soon.
Good trades to everyone!
There are many layots are possible now (including continuing fall to 10-20 area) but I personally believe that we have started a new growth cycle from Feb 2016. I believe we could see 150-200$ in several years, so it is reasonable to be prepared for really great opportunities here. Unfortunatelly because of several polarized alternatives not simple to earn a capital on it especially with the low risk politics.
My trading strategy is high risking trades with the potential of the huge profits. So I have bought here a lot, waiting for continuing grow. If my trading plan is right I could earn a lot. However the possibility of capital loss is not excluded. High volatility is estimated by me soon.
Good trades to everyone!
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