Oil price is stuck in tight range, anticipating results of OPEC meetings.
According to technical analyses my bias is bullish as long as 25$ holds.
In case of bearish break yearly lows could be tested.
So far we are in a 4H uptrend and 1H tight range with lower highs and higher lows.
Watching carefully for break and momentum.
Play safe and don't predict, react!
According to technical analyses my bias is bullish as long as 25$ holds.
In case of bearish break yearly lows could be tested.
So far we are in a 4H uptrend and 1H tight range with lower highs and higher lows.
Watching carefully for break and momentum.
Play safe and don't predict, react!