Most of the OPEC countries are going to boost oil production so I don't see any uptrend.
Bullish trend kick in after breaching 72.20 and holding above it otherwise decline will continue.
Not
Above statement is still valid but I am planning to short Oil from 70.20 & 70.48
TP: 66.65
Not
Oil traded positively to breach 69.20 and settles above it, as holding above 69.20 will push the price to achieve more gains and test 70.66. From 70.50 I will take a short trade for 66.75.
Next Wed is important.
İşlem kapandı: hedefe ulaştı
Classical trade... target reached now waiting for long signal & confirmation but long trade depands on tomorrow inventory
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