Crude Oil is likely making the formation of Inverse Head & Shoulders as the price got rejected at the neckline again which should push it down to make the low of right shoulder. If the neckline is broken without a fall its still a buy and if broken after the pattern gets formed its an obvious bullish breakout.
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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.