Hi guys! 👋🏻
🔔 Brent Crude may revisit $105 based on this weekly chart, on a longer term, we might see the price of the oil to rise to $170.
🔔 The US is easening the access to the market for Iran, whereas Iran reported that it will increase its production to fulfill the market's demand.
🔔 On the other side, OPEC will take necessary measures to keep the price higher by either cutting the production or negotiating with Iran on global oil production quota.
🔔 Iran's access to the global market won't intie Iran's hands on producing and selling oil at its will, as the state is also a long-time member of the Cartel.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 Brent Crude may revisit $105 based on this weekly chart, on a longer term, we might see the price of the oil to rise to $170.
🔔 The US is easening the access to the market for Iran, whereas Iran reported that it will increase its production to fulfill the market's demand.
🔔 On the other side, OPEC will take necessary measures to keep the price higher by either cutting the production or negotiating with Iran on global oil production quota.
🔔 Iran's access to the global market won't intie Iran's hands on producing and selling oil at its will, as the state is also a long-time member of the Cartel.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.