OIH ready to roll!
AB=CD pattern, near 50% retrace from weekly time frame, volume has gotten very low and looks like is about to turn back up, oil is somewhat stable, currently dollar is under pressure which helps take oil higher, divergences on other time frames, at long term support, target from the H&S has almost been hit.
Sounds like a pretty good list of reasons to go long :)
Sounds like a pretty good list of reasons to go long :)
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