Oil has honestly left me speechless. 📈
The setup we discussed on June 22 played out almost perfectly. Price reached the exact area highlighted on the chart and delivered a strong bounce.
What’s even more important is that on July 8, I warned about a possible short-term correction before the next move higher. We got that pullback — roughly 6% — and after that, buyers stepped back in and oil continued to climb.👁
This is a great example of why a correction does not automatically mean the bullish trend is over. Sometimes the market simply needs to cool down, reset positioning, and collect liquidity before continuing in the original direction.
💪 My broader outlook on oil remains unchanged. I still expect the price to move toward the $90–$100 per barrel area, at minimum.
Of course, the move will not be perfectly straight. We may see more pullbacks and periods of consolidation along the way, but as long as the overall structure remains bullish, I will continue treating corrections as potential opportunities rather than reasons to panic.
🤓 My current plan:
Bullish structure remains intact
Short-term pullbacks are possible
Main target: $90–$100+ per barrel
Patience and discipline remain the key. We follow the structure, manage the risk, and let the market confirm the next move. 🤝
This is my personal market view, not financial advice.
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