Michelok

Is Oil ready for the run back up?

Long
OANDA:BCOUSD   Brent Crude Oil
Oil is imo in a critical position. Maybe it breaks its pattern and goes for it in the bigger frame.

Anway nice H&S bottom has formed. Possible entries from 60m which would make a huge return if the ride goes strong!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.