Retest of 52,5 might be a good play

By OrcChieftain
OPEC met today. Leading to their meeting, the price surged up but started dropping along the start. I don't know what was expected of OPEC but moves as such happen when the news is surprising. Either way, if it moved so fast from up there, it is probably unlikely it will get back up there again. If a retest of around 52,5 happens, I would check lower timeframes for short trigger.
opecTrend Analysis
OrcChieftain

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