Oil in downtrend.
4H H&S. Retracement to trendline resistance.
Sell off rejection of trendline, continuation, buy up to resistance trendline
Break and close off major support will send price down further
4H H&S. Retracement to trendline resistance.
Sell off rejection of trendline, continuation, buy up to resistance trendline
Break and close off major support will send price down further
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.