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orvilleawright

Oil surges higher as OPEC agreed to reduce its oil output

CFDs on WTI Crude Oil (TVC:USOIL)  
orvilleawright  
TVC:USOIL   CFDs on WTI Crude Oil
Crude Oil WTI orvillewright price-action support Support and Resistance structure-trade 1h
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usoil orvillewright price-action support supportandresistance structure-trade 1h
Oil surges higher as OPEC agreed on Wednesday to reduce its oil output to 32.5 million bpd from the current production levels of around 33.24 million bpd.

Price approaching higher selling zone at 47.5x - 47.7x. Look for bearish price action.

Look for pullback into support for buying opportunities.

I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!

רעיונות קשורים

orvilleawright
If I am a bull? If I am a bear?
orvilleawright
Oil is now at the top of a wedge pattern on the 4H chart
orvilleawright
Price approaching selling zone. Look for bearish price action.
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