kwabena_pips

Inverse Head and shoulders

Short
TVC:USOIL   CFDs on WTI Crude Oil
Inverse Head and shoulders FORIMING ON THIS PAIR. THIS MEANS THIS PAIR WILL HAVE TO FALL TO 43.00 LEVEL TO FORM THIS CHART PATTERN. ON THE DAILY TIME FRAME WE CAN SEE A BEARISH ENGULFING PATTERN FORMING AT A RESISTANCE LEVEL. WE SELL THIS PAIR TO 43.00 THE WE BUY TOENJOY THE RIDE UP TO BREAKE LEVEL 75.00 WHICH IS A STRONG RESISTANCE.

MY BIAS ON THIS PAIR IS BEARISH.

LIKE AND FOLLOW ME IF YOU AGREE TO THIS ANALYSIS
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