Brent Crude OilLong
Brent Crash average every 4 years since 2008
Since 2008 based on the charts, Brent crashed (75% fall from it's recent structural high & without 61.8% retracement on its way down) three times. On average Brent crashed from its recent high 75% every 4 years.
Each time of the crash, the price of the oil rallied at least 62%.
Actionable : when Brent falls & crashed again within the next 4-6 years, do not forget to be involved in its rally. Buy some oil company stocks or ETF
extra note : from each crashes, it all came after parabolic rally with average of +218% from its recent structural low. Currently price have rallied 383% from the recent structural low. I am not saying another crash will come soon, perhaps price will make 20-30% correction (reset the rally %) and makes it towards 2013 high or price starts to flatlined.. who knows. There is no need to predict the future.. just act when crash happen
Each time of the crash, the price of the oil rallied at least 62%.
Actionable : when Brent falls & crashed again within the next 4-6 years, do not forget to be involved in its rally. Buy some oil company stocks or ETF
extra note : from each crashes, it all came after parabolic rally with average of +218% from its recent structural low. Currently price have rallied 383% from the recent structural low. I am not saying another crash will come soon, perhaps price will make 20-30% correction (reset the rally %) and makes it towards 2013 high or price starts to flatlined.. who knows. There is no need to predict the future.. just act when crash happen
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.