USOIL: It All lines Up

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If USOIL continues to fall (and I hope it does), then I expect a reaction at the 42.19 to 41.89 area. This lines up with my analysis on the CADUSD, located in related ideas.

Weekly view: Inverted Head and Shoulders is spotted - Snapshot

Daily view: All the Fibonacci wealth of tools point to a bounce at the $42 to $41.89 area and the $35.88-$37.41 area.

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Snapshot

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