SynapseTrading
Long

Crude Oil (Daily Chart) - Bullish Inverted H&S Breakout!

TVC:USOIL   CFDs on WTI Crude Oil
After a period of indecisive sideways movement, this counter has managed to break up to new highs.

Based on the price pattern, it has the potential to reach the 77.76 area, which is also a resistance level .

Recent news is also bullish for oil prices.

Will be taking a small position and building up.
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