Oil has formed an inverse head and shoulders on the weekly continuation chart, if it breaks through 51.50, I think $60 in the long run could be in play.
Note
* 51.75 NOT 51.50 *
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.