Johnkiew
Long

WTI Oil - Inverted Head and Shoulder Breakout

NYMEX:CL1!   Light Crude Oil Futures
Oil have breakout from inverted head and shoulder neckline 56 with a day candle closed higher that confirmed the pattern has formed. The historical statistics said target of inverted H&S will be achieved 74% by Thomas Bulkwoski.

Following price level for trader to take note:

If price stay above 56, target 59.63 (potential correction at this price level)
Price trade above 59.70, target 624.8 to 63.71 (major impulsive wave target by Fibonacci)
Price trade above 63.80, target formation target 68.
Trade closed: target reached: Oil went beyond 59.63, trader please follow next target between 62.48 to 63.71.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out