Yes - carry on. The oil you've put in up to now is loosening the wax, and it has "pooled" in a place that means you can't hear anything - this will be temporary. In a day or two the wax will be liquid enough to be syringed, or will leak out on it's own overnight due to gravity (assuming you sleep with that ear down!).
(I find at that stage the cap of a BIC biro is the perfect tool for getting the wax out, but my wife is usually horrified when I try - I'm sure my doctor would be too)