Yuriy_Bishko
Long

OIL, Can continue up move

OANDA:WTICOUSD   West Texas Oil
I think that OIL can move up because:

1. Every low is higher (good techical signal)
2. Price broke up a key level $53.30 and closed above
3. Middle - term trend is up.
4. Head and Shoulders pattern
Jan 25
Comment: 1-hour chart view
Price is so close to a Buy zone
Jan 25
Comment: Price is near key level, wait on confirmation
Jan 25
Comment: I wait on 4hours candle confirmation

Only if it will close above key level, that will be buy signal
Jan 25
Trade closed manually: 4-hour candle close under key level. I didn't open entry because the price didn't confirm it.
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Thanks Yuriy. Quite similar bullish views here as well.

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