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USOIL: OIL - Potential Inverted HS Pattern Forming
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USOIL, W
OIL - Potential Inverted HS Pattern Forming

This is an informational note on the weekly outlook only (no pattern has been confirmed yet) Looking at the Weekly chart, a potential inverted HS pattern could be on it's way. Don't be shocked if oil falls all the way to approximately 37.73 (TP1) over the next couple of weeks. If it finds support there or anywhere above there, then watch for a rise to ...

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