Kaustubh

Oil ready to break out of slumber

Long
TVC:USOIL   CFDs on WTI Crude Oil
This weekly chart of USOIL is beautiful in its simplicity. With the OPEC finally managing to agree to act in common interest, a strong up move would be fundamentally supported and sustainable too. This should tie up well with the USDJPY idea posted earlier (see related ideas below) and the possible risk on scenario.

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