Oil play coming up

2019年11月24日

See weekly chart

2019年12月4日

注释

If the candle of 16 Sept act as the Head of the H&S pattern, then we can assume that the price in the upcoming weeks could head up to 60.33 to 60.88, acting as the right shoulder. The left shoulder is the candle of 15 Jul.

Also, this current candle is a bullish engulfing candle, a bullish signal which acts on to my confidence.