BEARISH
Watch out if the production cut is more than 10m barrels per day.
For the swing traders its a break below the symmetrical triangle on news of an OPEC agreement.
BULLISH
This break could be the technical signal for a long position if you feel the current weak oil story and positive global risk assessment will continue.
Be informed while trading.All the best
Watch out if the production cut is more than 10m barrels per day.
For the swing traders its a break below the symmetrical triangle on news of an OPEC agreement.
BULLISH
This break could be the technical signal for a long position if you feel the current weak oil story and positive global risk assessment will continue.
Be informed while trading.All the best