Fundamental :
OPEC and Russia decided to deepen the existing 1.2 million barrels per day cut in output by additional 500,000 barrels per day through the end of March 2020.
Technical :
58.62 become bullish key level, if this level break up, bullish target at 62.11 (September high)
We have support zone at 58.63 to 57.42
Trading plan 1 :
We can buy right now at 58.62
or wait at support 58.08
Stoploss bellow 57.47
target at 62.11
Trading Plan 2 :
Buy long after bullish key level break up above 58.62
Stoploss bellow 58.03
target at 62.11
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OPEC and Russia decided to deepen the existing 1.2 million barrels per day cut in output by additional 500,000 barrels per day through the end of March 2020.
Technical :
58.62 become bullish key level, if this level break up, bullish target at 62.11 (September high)
We have support zone at 58.63 to 57.42
Trading plan 1 :
We can buy right now at 58.62
or wait at support 58.08
Stoploss bellow 57.47
target at 62.11
Trading Plan 2 :
Buy long after bullish key level break up above 58.62
Stoploss bellow 58.03
target at 62.11
You can support my work with LIKE
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.
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.