USOIL has Formed a Reversed Head and Shoulder Pattern. This Bullish Pattern is gonna Increase The Price as much as the Measured Price movement (Gap between The top and The Neck line!) since the break out has already happened we can Expect the Price to Increase Further without any problems! a pullback to the Neckline might happen before Completion of This Bullish Movement. The Expected Price Target is around 77$
Summery: -USOIL has broken out of a Reversed Head and Shoulder -a Pullback to the Neckline might happen. -The Target is around 77$.
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Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck