We did say that OPEC cant help oil to get any higher.
But for the chart expressing now, we think that oil is still in the 4h .
Considering this is wave 3 which could be the end of a trend, oil will need another double head or RSI4h div to confirm the begin of decending trend.
And this time we think will happen around next Tuesday 30th NOV.
So ,if you want to scalp,long it at 47.5 , tp 49
Then short it at 49 and check with us to see how deep it can go.
Less is more!
Thanks to the sl, so we are now making a new plan for this pair.