After having reached my target of 1.92 the recent OPEC production cut will lead to a extremer short covering compared to March. Volume is SURGING! If non OPEC members confirm production cuts we will see SDRL soon above 12-15...
Note
In the 5 min chart a pennant is formed... Targeting 3.00 region.Note
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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.