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pacifictrader

Head & Shoulders for USOIL

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
pacifictrader  
FX:USOIL   CFDs on Crude Oil (WTI)
3
3
This Head and Shoulders pattern will cause a reversal on the recent upswing. Watch the right shoulder to reach up to around 50 or the $107 trendline.

Neckline is also facing downward, which is even more bearish.
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