Inverted SHS formation [Long]
Looking at June contract, oil formed a nice double bottom And is currently forming an inverted Shoulder Head shoulder (SHS) formation with a neckline between 20.3 and 20.7
Once we break above 20.3 we may go up to 25 then form a large correction before going up again.
Once we break above 20.3 we may go up to 25 then form a large correction before going up again.
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