Oil Heading to $20

Oil set to lose steam after OPEC+ meeting delayed and Russia-Saudi price war continues. MACD is showing the black liquid to be extremely overbought and at $28 is touching a major resistance level.

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Connor

تم فتح الصفقة:

One of my favourite trades if this year so far. Instant profit and looks like it will keep pushing. The fundamentals are the major factor here if OPEC+ can reach a good deal then expect a reversal. The technicals show me that the market is overbought in the short term. Still have $22 on my radar

أغلقت الصفقة: تم الوصول للهدف