CapMoore

Possible Hammer Forming

FX:USOIL   Crude Oil (WTI)
115 0 4
Oil             has produced some clear Candle Stick Patterns lately and is again
forming a Hammer if we see a bullish candle close above yesterdays
high (the high of the Hammer). Since it also happens at the important
Yearly S1, it warns of a coming upward move, since the Hammer also
forms a Piercing Line Candle Stick with the Yearly S1 and Weekly S2
pivots (in confluence)
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