USDWTI H4 - Long from $69.50/b

USDWTI H4 🛢

Even after Saudi cuts, WTI is still trading within our range, expecting more headlines regarding OPEC+ and cuts this week and the next 🇸🇦

The range for the moment seems to be holding nicely between $69.50/b and $73.50/b with the exception of the market gap.

Longs from $69.50 would be attractive, as there are talks of Saudi looking to boost the barrel price up towards the $80 region. 📈