Just check the light blue pattern coincide with the uptrend channel support. It might be a good idea to long USOIL around 39~39.5
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It seems price did not come to 39. But it really hits our other harmonic pattern. Any red line on my chart is a potential entry point. Seems long trade get a hug profit from 42.87. Now is almost 49. Around 600 pips.
Trade closed: target reached
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We longed from 42.87, which is the D of green harmonic pattern. I closed my trade on 50.00. 720 pips earned. At the same time, I short around 50 which I highlight in my latest USOIL idea and already take some profit.(50 to 47.8 another 220 pips and I took partial profit.)
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another chance to re-enter. Entry is near, guys
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felix997
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Might with the inventory so hight , might is the word