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Aladdin-H

Inverted SHS formation [Long]

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
Aladdin-H  
TVC:USOIL   CFDs on WTI Crude Oil
Harmonic Patterns Chart Patterns Trend Analysis Oil oilprice oilforecast oillong
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harmonicpatterns chartpattern trendanalysis oil oilprice oilforecast oillong
Looking at June contract, oil formed a nice double bottom And is currently forming an inverted Shoulder Head shoulder (SHS) formation with a neckline between 20.3 and 20.7

Once we break above 20.3 we may go up to 25 then form a large correction before going up again.

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Aladdin-H
Perfect structure, ready for completion..
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