After Russia and Venezuela started to intervene the oil price, I decided to stop trading crude oil because the behaviour is harder to understand. I'm planning to trade crude oil soon as I think it has reached a level where a correction is about to happen.
For a start, I shall post some analysis.
Next Thursday is OPEC meeting so it going to be a tricky week to trade.48.81-49.31 could be tested again next week.49.42-49.45 could be the area of consolidation next Mon.
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