West Texas OilLong
Buy Oil
Fundamental Reasons:
Increasing tensions with Iran
Bottlenecking of production in Permian basin - Lower supply
Technical Reasons:
Break of Daily TL.
Fibonacci retracement.
Buy now and put SL under 54.50 and let the trade ride.
Trade at your own risk.
Increasing tensions with Iran
Bottlenecking of production in Permian basin - Lower supply
Technical Reasons:
Break of Daily TL.
Fibonacci retracement.
Buy now and put SL under 54.50 and let the trade ride.
Trade at your own risk.
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