Crude oil making right shoulder from here?

FX:USOIL1D

Crude Oil (WTI)FXCM

Description

⋅ Mar 2, 2016 12:11 PM

This would be so obvious, time will tell us!

Comments

JRFreeze

⋅ Mar 2, 2016 12:16 PM

Hi, whats the best way to trade these head and shoulder patterns?? Would you short the collar (ie 34.46 now to 28.50) then long it back up into the 'arm' or just wait for the long at 28.50?? :)