ChargingBull

Light Sweet Crude Oil Head & Shoulders within a Head & Shoulders

ChargingBull Updated   
NYMEX:CL1!   Light Crude Oil Futures
H&S within a H&S. The design is based off symmetry.

The purple channel is a potential upper resistance on the way down.

The Golden Dashed Line is where the lower bounds of the Right Shoulder could potentially be based off reflection.

Happy Trading!
Comment:
Inverted H&S*
Comment:
The extended dashed blue line is the recent bullish trend.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.