EvanJones
Short

Another great Short on its way

FX:USOIL   Crude Oil (WTI)
199 0 6
So Oil             has been correcting and given the bearish trend for sometime this correction is nearing its end.

Potentially a Head & Shoulders pattern could be forming and the neckline would indicate a move lower to the missed monthly pivot . I'm also seeing another pattern which if this H&S is confirmed will confirm the next pattern. Place sells under the 43.2 mark aiming for initially 40 and then sell again on the retrace of this move.

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