A very bullish open to the new week of the back of NOPEC news. There is still plenty more room for upside, as at the last OPEC meeting we did $5 in a day. So a potential upside target for oil is the support/resistance level from last year at around $56.67.
How we get there will be a matter of debate, some traders see a pullback, other traders think we'll carry on in the uptrend
I'm looking for pullbacks to go long with an eventual target of around $56
How we get there will be a matter of debate, some traders see a pullback, other traders think we'll carry on in the uptrend
I'm looking for pullbacks to go long with an eventual target of around $56