Rinehart
Long

Inverse H&S Pattern is building on OIL

TVC:USOIL   WTI Crude Oil
57 0 2
Oil             is going to present a beautiful opportunity for a long trade once we break the Inverse H&S neckline.
Comment: Another situation that could arise is a nasty reversal right at the neckline. With the USD becoming more bullish, another great trade on this pattern would be bearish Price Action at the neckline leading to a short trade down to the right shoulder.
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