Now oil In lowest Point Possible for long position with stop lose on 47 but break this point we can see 44.5 soon.
RSI and other indicators Show its Just start the short strength.
The coming hours will give clear picture of the direction.
As all indicators show Oil for short just wait for this pin bar to close and confirm strong short position maybe targeted unsuspected low but be careful with ur stop up of 49.10 if the Meeting tomorrow positive maybe take the oil to new high record.
Tow days of trading near 50$ is because of the Strong up trend and Strong resistance, after opening the market Tonight we can decide and have clear Idea about the direction if its couldn't brake the 49.80 probably 46.8 is the next target.
My first Idea Hope you like it.