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Christian-Georgi

Possible Long Position Caused By Rising IRAN/US/UK Tensions

Long
CFDs on Brent Crude Oil (TVC:UKOIL)  
Christian-Georgi  
TVC:UKOIL   CFDs on Brent Crude Oil
Trend Analysis Chart Patterns Technical Indicators
6
0
trendanalysis chartpattern indicator


FUNDAMENTAL:
Oil prices spiked last friday after Iran seized two oil tankers.
Recent news (Sunday 21.07.2019 / 17:00 EST) reported that the US NAVY sent a nuclear submarine
to the gulf.

BUT... Due to demand worries in 2019-2020 the oil price won't climb over the
resistance 67.50!

TECHNICAL:

supportive triangle trend - LONG
Support 61.30 - LONG
resistance 67.50


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