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praveen.bhatiya praveen.bhatiya OIL, D, Short ,
172 10 2
OIL, D Short
Earn while Learn Complex Head & Shoulder TOP pattern

OIL is a beautiful example for the aforesaid pattern except its up-sloping Neckline as pattern with near Horizontal Neckline performs better. The pattern looks like normal head-and-shoulders except either with multiple shoulders or multiple heads but rarely both. It performs better than normal Head & Shoulder and trading rules are the same.

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