USOIL LONG OPPORTUNITY

Look left, structure leaves clues, USOIL has been making higher highs and higher lows, with equal measured harmonic moves to the upside. Most recently created a higher high, and bounced off support for a higher low. I observe an inverted head and shoulder pattern, opportunity to ride to the upside or to retest structure highs, with higher TP at peak of harmonic measured move.
Chart PatternsTrend Analysis

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