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