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BUY OIL!!!!! The technicals demand it.

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Brent Crude Oil (OANDA:BCOUSD)  
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OANDA:BCOUSD   Brent Crude Oil
Trend Analysis Chart Patterns Technical Indicators Oil oiltrading oilprice oillong oilbuy oilbullish
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trendanalysis chartpattern indicator oil oiltrading oilprice oillong oilbuy oilbullish
With the USA gradually lifting restrictions on Covid-19, the wheels of industry will soon be turning again. And what greases those wheels? Yes - OIL.
A glance at the Monthly chart on BCOUSD shows a very pleasing end of month long-legged doji - a sure sign of indecision. Add to this the bounce off the WPP mid-pivot and everything says BUY!!!!!.
I'm in at 23.82 with a STOP at 22.24 and a provisional take profit at 26.52. Looks a winner to me.

www.mql5.com/en/char...-mn1-oanda-division7

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