Double top (T1 T2) has been confirmed today on oil. Neckline has been strongly broken. The possible drop is about 17% . Objective 1: 60$ Objective 2: 55$ . Probability of success: 75%
Comment:
Objective of 60$ is already reached without pullback, stop loss is deplaced @62.5
Trade closed: target reached:
Second objective of 55$ reached - trade completed; look now for a possible rebound