Bakou
Long

WTI H&S probabilities

NYMEX:CL1!   Light Crude Oil Futures
80 0 1
WTI price crossed downwards the 200 DMA (orange line) but is still above the 50% Fib of a possible reversed H&S pattern.
Above this 50% Fib (@ $ 38.85), probability for building this pattern remains.Under this Fib, it evaporates.
Crossing upwards the 200DMA with a large green candle is a buy signal - Target $ 50.
Then, after confirmation of pattern completion, we can move higher.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out