Too Early To Call But Oil Outlook Not Encouraging

The long term outlook for oil is not at all encouraging. Depending on this month close, oil may be heading below 21. The monthly seems to be on corrective bullish wedge which is likely to reverse on the touch of the lower channel of the wedge. Dangerously dangerous for OPEC!!!

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades