Check this chart out, its hourly scale, as I am looking for an entry point to get back into Oil as it recedes back towards low of $20.
Given the lacklustre results of the Opec and G20 meetings, it looks like the market is disappointed and oil is heading back towards $18-$20 range.
I'd be looking to get into a position at $20.
CAUTION: Do be careful with increased volatility, especially if you are trading leveraged products.
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