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danrindia

Short. Head and Shoulder with 0.618 pullback

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
danrindia Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Harmonic Patterns Chart Patterns Crude Oil Brent Crude Oil WTI wticrudeoil usoilshort
9
4
harmonicpatterns chartpattern ukoil usoil wticrudeoil usoilshort
For me, it looks like clear short until $71.50 - $71.00. Play according to your risk management but please please use SL for trading otherwise it is not worth trading. It is better to lose some pips rather than losing the whole capital...... Trade with care.

Cheers and Good Luck.
Comment:
I still believe it is going to break down just hold on. Until it breaks out of the head...
Comment:
Comment:
So what i was expecting........

snapshot
Comment:
Well well well......we had nice move down that is good and it is nice to book partial profit....also it seems now that a bearish flag is under construction so might want to hold tight area around 71$ is coming soon

snapshot
Trade closed: target reached:
snapshot

Enjoy the profit.

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danrindia
Short. Clear nothing more to say.
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