TraderEye Market View: The oil is leveling its way back up

Thursday, August 8, 2024

The oil is leveling its way back up

A bullish shark pattern on the 4-hour chart may help the price of oil return to an upward trend, and all this with the help of a bullish Japanese pattern of the THREE METHODS type

Attached is a 4-hour graph of the oil price showing the combination of the harmonic pattern and the confirmation of the inversion of the Japanese pattern:

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