Forecasted Analysis on Crude Oil

14 lug

This is my first idea, and although I wasnt expecting this to take so long for a breakout, it seems to become clear as you follow the pattern along with all geo political tensions as well as demand and supply including OPEC´S recent activity. I also take this forecast more realistic as I am expecting a breakout towards end of October mid november, which in all fairness does sound very far away, but how coincidental does this pattern seem to get to the end around the same time as the US Elections? Anyways, this is only my thought and unless something drastic occurs like another war, this is what I am estimating, and finally my results on the breakout will be for a bullish scenario should Donald Trump win vs a bearish scenario if Joe Biden wins. Clearly I am not living in a dream world where I think the US is the major decision maker for Oil Price movement... DOnt insult me, remeber this is simply my analysis