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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.