I analyze using a wave system which tells me Oil is at the end of it's run.
That aside I see the head and shoulders pattern on this that will produce some results.
The previous high should not be broken and now is the time to short.
I believe this is due to temporary strength that is about to be shown in the US DOLLAR - Please note: This has nothing to do with my wave analysis just a side note. (See EURUSD related Idea below)
If you agree please show your support.
Order cancelled
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The breaking of the previous high invalidated this idea.