USOIL (CRUDE OIL ) SELL ON REJECTION

٢٢ نوفمبر ٢٠٢٣

HELLO TRADERS !!!

As i can see CRUDE OIL 🛢️

The anticipated OPEC+ meeting set for this weekend to a postponement to Nov 30th. The delay stemmed from challenging discussion between Saudi's and fellow members regarding oil production levels....

Saudi Arabia currently implements an additional 1 Million barrel per day output cut since July engaged in talks without specifying the cause for the delay....

Recently weeks have seen oil prices fluctuate amir signs of expending supply.....

CRUDE OIL 🛢️ INVENTORIES ROSE 8.70 MILLION BARREL

while this presents another bearish factor 🔥

and technically it is showing us a rejection here on a fake breakout of trend line so we planing for these design TP and expected more fall in USOil its just an trade idea do a proper analysis before trade on ur real account share ur trade idea with us it will help alote the trader community