Loading ...Graddhy – Commodities TA+Cycles
@graddhybpc
ยท
6h
Been saying for years that we will see at least $250-$300 oil during this commodities bull market.
I am now raising that target to $369.
Oil now has a 4.5 year red bullish falling wedge, and if that pattern is a halfway pattern, which it most probably is, then the price target for this pattern is $369.
Get ready for the 2nd inflationary phase to start soon.
Since I called the commodities bear market low almost 6 years ago, I have been saying that this commodities bull market is the best opportunity you will ever have in life to get out of the rat race.
When that 2nd pink head & shoulders pattern broke down just before the Covid-crash, I understood that the huge blue head & shoulders pattern was probably going to play out too. And it very much did. That is the kind of guidance that makes a difference. Following the right people is absolutely vital