USDWTI H4 - Long from $69.50/b
USDWTI H4 🛢
Even after Saudi cuts, WTI is still trading within our range, expecting more headlines regarding OPEC+ and cuts this week and the next 🇸🇦
The range for the moment seems to be holding nicely between 669.50/B and 773.50/B with the exception of the market gap.
Longs from $69.50 would be attractive, as there are talks of Saudi looking to boost the barrel price up towards the $80 region. 📈
Even after Saudi cuts, WTI is still trading within our range, expecting more headlines regarding OPEC+ and cuts this week and the next 🇸🇦
The range for the moment seems to be holding nicely between 669.50/B and 773.50/B with the exception of the market gap.
Longs from $69.50 would be attractive, as there are talks of Saudi looking to boost the barrel price up towards the $80 region. 📈
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