oil buy advice on Technical Weekly pivot point
Oil Down due to this news
OPEC officials approved on Monday a document outlining the exporter group's long-term strategy, in a sign its members are making progress in ironing out differences over how and when to manage production levels and, ultimately, oil prices.
Now As Technical Oil Can hold Current level or 46.3 level which is Weekly pivot point if hold above 49-50 will not surprise
So buy advice from current price 47.1 to 46.5 level sl below 46 where tp1 48.7 and tp2 50
OPEC officials approved on Monday a document outlining the exporter group's long-term strategy, in a sign its members are making progress in ironing out differences over how and when to manage production levels and, ultimately, oil prices.
Now As Technical Oil Can hold Current level or 46.3 level which is Weekly pivot point if hold above 49-50 will not surprise
So buy advice from current price 47.1 to 46.5 level sl below 46 where tp1 48.7 and tp2 50
