Buy at trend line and round 70.00 value

Technical reasoning price is at:
- shown fibonacci retracement
- trend line
- round number


Place SL below 200 day Moving average


Fundamentals are a bit confusing now, price is heading down with the unrest in venezuela, fighting in libya, iran sanctions and Opec cuts.

Trade closed manually:

Recommend to close at 72, that 2.85% gain

disturbing factors on one side falling stocks today, on the other side supply threats through the strait of hormuz