piphunters
Long

OIL: Buy breakout

FX:USOIL   Crude Oil (WTI)
869 0 23
The commodity is looking ready to break out of the corrective structure it is currently in, a confirmed break is a short term buy signal and should see the commodity at least towards $60 mark.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
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