Antonio_trader

WTI 4 hour channel broken

FX:USOIL   CFDs on Crude Oil (WTI)
Daily rejection from the 50 SMA. 4 hour channel broken and opportunity to go in short at the retest of the channel at the 52.50 resistance area, potential H&S pattern then with minimum divergence currently. Could be the formation of the right daily shoulder before the next bullish run.
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