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⋅ Oil is a simple commoditie. It uses to raid stops sideways with a main bearish trend.
Some people think there is a h&s on the chart wich could be true but the second shoulder spiked near the head wich could break that bearish figure.
Happy trading.
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⋅ After the support raid seems like it's trying to raid the stops up!
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⋅ Perfect raid ;)