US OIl can continue up move Long

West Texas OilOANDA

Description

⋅ Jan 21, 2019 7:56 AM

We can open buy on OIl near $53.19
- Daily trend bullish
- Price broke up key level $53.19
- Daily candle close above

Oil price is moving to key sell zone $57-$58

After 100 like I will do all updates and will write S/L and T/P points it there will be an entry.

Comment

⋅ Jan 21, 2019 8:13 PM

Best buy will be near $53.19

Trade active

⋅ Jan 22, 2019 7:23 AM

Trade active

⋅ Jan 22, 2019 8:35 AM

Trade closed: stop reached

⋅ Jan 22, 2019 10:58 AM

Comments

InvestingScope

⋅ Jan 22, 2019 7:46 AM

Thanks Yuriy. Although a break out higher is very likely, we assess the current situation as trading within the neckline of the Inverse Head and Shoulders:

Yuriy_Bishko

⋅ Jan 22, 2019 8:06 AM

@InvestingScope, good chart