Oil breakout following the rise of risk assets

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Oil 1hr chart just breakout the down trendline as risk assets all over the world rising up. More than that oil price have been pushed from speculating investor who speculate that the OPEC+ meeting at the end of this week will result in positive way, OPEC + Russia agree to extent crude oil out put cut and decided to reduce 600k bpd more from current production rate. 

So I believe for short term speculatinf this is our chance to go BUY Oil or CAD pairs

 
Oil breakout following the rise of risk assets
 

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