TVC:USOIL   CFDs on WTI Crude Oil
OPEC meeting discuss about extending the production cut in Crude Oil to stabilize oil prices, But USOIL fall more than 5% still there is a scope to go more than to make new floor or retest strong support of 43.76. as technically we can see three waves towards 47.00/47.40, currently usoil standing on double bottom support on daily candle.we don't like selling here.

Buy USOIL.

@46.20

target: 47.20
Stop loss: 45.70

gud luck !

#forextuitions


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.