- Oil is forming a premature Inverted Head and Shoulders pattern.
- If it break up the peak at [2] then it will be ready for an upside move.
- If it break down the trough at [3] then may complete its descending trend or it may enter in a new side-way direction.
![[iVISTscalp5]: Week-Ahead LAP Timing Forecast (EURUSD)](https://c.mql5.com/6/1023/splash-preview-774248.png "[iVISTscalp5]: Week-Ahead LAP Timing Forecast (EURUSD)")