This formation looks as a very classic inverse Head and Shoulders pattern. though I do not trade WTI , but want to capture this to see it realizes
Trade active:
as long as the right-most brick is holding - the trade is safe
Trade active:
The brick did not hold, but at the same time the right shoulder got simply extended. There is too much uncertainty to the bull side for bears before the weekend, so Friday could turn into a trend type day if the current level (51) holds.
Trade active:
51 held, staying above 51.2 should get us up hard today.. let see EU action
Trade closed: stop reached