ArmoredBull

Crude Oil (WTI) Buy Signal

Long
NYMEX:CL1!   Light Crude Oil Futures
According to the fibonnaci levels and the bollinger bands, WTI has reached a solid support. Furthermore, the recent trend indicates that a breakout will occur in the next few days. Once significant evidence proves this to be correct, I would highly recommend a long position, as it could potentially yield 10 percent profits. In addition, if you decide to place a long position in UWTI, it would yield profits of up to 30%!
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