West Texas Oil
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West Texas Oil - Bullish Trend Continues.....

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After a long accumulation range that end last quarter of 2018 , we saw a breakout with the price reaching the mid seventies.
This was our first indication that a trend is about to begin. The price then pulled back into the buy zone(75-87.5 fibs) and produced a buy pivot.
Good stopping volume came into halt the price as it move back to the center of the accumulation range.
In Wyckoff terms this is - "Jumping across the creek" and a "Back to the creek".
We should see price move higher, back above the mid seventies.

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