USOIl Crude Oil important Support Level

WTI Crude Oil is at a key support level now and i don`t think we have seen the last of it.

OPEC+ unexpectedly decided to cut output in October by 100,000 barrels a day.
It`s not much for now, but they will continue cutting the supply until they will get the oil to $90.

I`m looking for a bounce to the $85 - $92 area before heading to $62 by the end of next year, when i expect the beginning of an electric revolution worldwide.

Looking forward to read your opinion about it.

Trade closed: target reached

First price target reached!

Trade active

$62 price target in the making. Expected next year.

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