USOIL: Can Go Higher Again (Inverse Head And Shoulders)

Traders, USOIL had a great fall and we profited from that. We have been expecting it to fall further down but it recovered quickly Most probably to collect the liquidity once again. That means it can go higher and even higher than the previous high to collect the stop losses etc. That is why we plan for all eventuality and trade what we see irrespective of the bias. USOIL can fall further down but for now this is the bullish scenario for it. The last bearish scenario is not completely valid but the concept is.

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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