LONG OIL!!!!!LLong beause, opecs meeting to increase oil production didnt satisfy the market and came short of the -1,000,000 barrells lost form russia
Oilspot
UKOILSPOT facing bearish pressure, potential to dropUKOILSPOT reacting below the descending trendline and are likely to drop towards take profit in line with -27.2% Fibonacci retracement and near 100% Fibonacci extension. Alternatively, prices may rally up to stop loss at 73.81 in line with 61.8% Fibonacci retracement.
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