JulianVillamizar
Long

Long in Crude Oil up to USD38, STOP USD27.80

NYMEX:CL1!   Light Crude Oil Futures
After the production agreement between Russia and Saudi Arabia, it is possible that the imbalance between supply and demand decreases and even set aside in coming months.
Based on this statement and Fibonnaci retracemen of previous days rally, while the pet'roleo is over USD28 is likely to advance to USD38 .
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