- OPEC + Meeting : Russia intends to increase supply.
- A new wave of movement restrictions may curb the recovery in global oil consumption.
Technicals:
- Cycle Sniper Indicator headed south
- 0.25 Fibo Fan Support is being tested.
- Intraday horizontal support is shown on the chart.
- Potential Bearish Butterfly as described.
- Breakout Sniper is waiting for the next candle close.
Good Luck!
- A new wave of movement restrictions may curb the recovery in global oil consumption.
Technicals:
- Cycle Sniper Indicator headed south
- 0.25 Fibo Fan Support is being tested.
- Intraday horizontal support is shown on the chart.
- Potential Bearish Butterfly as described.
- Breakout Sniper is waiting for the next candle close.
Good Luck!
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