Trade_Terrier

Inverse H&S

Long
Trade_Terrier Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Pretty clear to understand depiction of an inverse H&S on the 30min chart. Pattern gets violated during 9:30 stick this morning. This should target at least 63.40-63.50 depending on your peaks count.
Comment:
Also notice the multiple rejections in the pre-market trading hours at the influential 110MA and 72MA
Disclaimer

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.