OIL has produced multiple bullish structures.1. Bull flag (green)
2. Inverse head and shoulders (red)
3. And a probe above a multi-year channel is at hand (orange)
The inverse measured move is noted, though I expect it will ultimately go higher than that.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.