After the OPEC meeting today, it was declared that production would be increased to stockpile surplus oil. We should see prices taper off because of this but world events can cause a different scenario. I see oil heading to the mitigation block in confluence with the 4h FVG+ to rebalance before making another move of significance.
Commentaire:
ALERT: PA has contacted the daily OB+ and we may get a whole lot more propulsion out of this heading up. Remember that it is NFP Friday and today will be wild as hell. Trade safe fam.