Bakou
Long

WTI H&S probabilities /2

NYMEX:CL1!   Light Crude Oil Futures
80 2 2
We got it !
Above the 200 DMA (orange line) probability of building the H&S pattern increases a lot.
First step: Let's see if there is a follow through.
Head and shoulders? or Inverse head and shoulders?
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Bakou tbuckle
Hi tbuckle,
You're right: Inversed H&S.
I wrote it correctly in the first post yesterday, and then only repeated "H&S" today.
Btw, if the pattern goes to completion, we are braced for a nice climb.
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