CL Redux

On the weekly chart, we have completed the Head & Shoulder formation. What the heck, is that suppose to be bullish or bearish? If H&S appears at the top of the trend, it's usually interpreted as bearish. So the reasoning goes that if it appears at the bottom, it should be bullish (or is it?). I'm betting that it is. We shall find out.
 
Anyone around? Pretty sure CLZ5 goes off tomorrow, CLF6 rounding out around this 42 level, OPEC meeting December 4th (?), dynamics changing in the mideast.....I'm just looking for reasons to try and pick bottoms here.
Should be an upside breakout or strong fakeout move on the 9am open, I'll be on the long side of the first setup, probably a .15-.20 tick stop.

Will be piking 1 lot in QM, target 46.00 GTC o_O
 
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