OPEC+ needs to save USOIL from this point or we headed to $42

Feb 9, 2020

Technically USoil is in a very critical situation at the moment and on life support. Its broken and retested a very important Weekly support which probably takes it down to the $42 level in the next couple of weeks except OPEC+ steps in with their proposed production cuts to save it from such a demise. The technicals aint looking good for Bulls...Goodluck to everybody regardless of which side of the trade you take but please risk management is the only holy grail in trading....Like and comment and lets get to establish a good connection