Head & Shoulders for USOIL Short

Crude Oil (WTI)FXCM

Description

⋅ Sep 3, 2015 11:54 PM

This Head and Shoulders pattern will cause a reversal on the recent upswing. Watch the right shoulder to reach up to around 50 or the $107 trendline.

Neckline is also facing downward, which is even more bearish.

Comments

pacifictrader

⋅ Jan 21, 2016 6:08 PM

This has completed -

AMBRISH

⋅ Jan 22, 2016 2:56 AM

Waiting for bounce.

AMBRISH

⋅ Nov 19, 2015 5:09 PM

Thanks,