US Oil Structure

٢٧ ديسمبر ٢٠١٧

I expect Oil would continue its upward movement for a while, but i won't neglect two things, one is the left structure ( price has been reject several times), Two is price now near the upper line of a price channel. This is NOT to indicate we should short there because it's still early, we need more confirmations. but better keep cautious if you hold longs.