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HarryHadgeHutchison
Aug 4, 2016 9:52 AM

USOIL Long

Crude Oil (WTI)FXCM

Description

US Oil is currently at the end of its bearish movement? If we can find support here around the 61.8% retracement level, we would expect to see the bulls start taking over and potentially form an inverse head and shoulders. With the right shoulder lining up with the 61.8% level, this trade seams very promising!
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